There are two main considerations in selecting an appraiser – Qualifications and Reputation!
Qualifications assure accurate estimate of value of property while reputation provides strong influence in courtroom and/or insurance claims.
An appraisal entails on-site examination of objects in order to determine country of origin, maker or manufacturer, date, size, distinctive or rare characteristics and markings, and current condition. A written report is submitted to the client.
Preparation of objects for viewing and access to background material can considerably reduce the appraiser’s time. The report can be updated quickly and at reasonable rates once it is in Bardo Consulting Group’s system.
Fees are charged at hourly rates to guarantee completely objective service. We are pleased to provide an estimate for services on the basis of a preliminary consultation.
A couple had a chrome sofa with ugly fabric of large green leaves. The BCG team identified it as a 1950s original made by a famous furniture designer with original fabric in good condition. It was donated to a major national museum, Tax credit: $4,000.
A trusts and estates officer was dismantling the apartment of a deceased. Two small prints in the maid’s bathroom were recognized by the BCG team as original Marc Chagalls. The estate netted $75,000.
A metal desk set including the blotter, inkwell, and pencil tray encrusted with green film showing signs of the Zodiac. The BCG team identified it as an original Tiffany bronze set. The estate netted $5,000.
A lady was cleaning out her closets. One closet was filled with clothing from the 1970s. The BCG team were aware that museum curators now collect fashions from that era. BCG arranged for a donation. The owner got a tax credit of $3,000.
An old table cover under a pile of old newspapers in an elderly man’s home was identified by the BCG team as a 1905 Viennese textile. The result: Donation to a major national museum. Tax Credit: $3,500.
An attorney went to work for a new firm. He took his artwork, antique desk, and library for a $35,000. credit to the partnership. The BCG team suggested this to the attorney.
The marble top on an antique table was cracked in half in shipment. The BCG team was able to recover the monetary loss to the table’s owner and also recommend a place which repaired the marble top.
Pamela Pierrepont Bardo, A.S.A., A.A.A. says:
“Anything lying around your home is only as valuable as the quality of the advise you receive about it.”
“What people don’t understand is that residential contents can be one of a family’s largest assets.”
“The contents of a home can very often be more valuable than the real estate itself.”
"Because women often inherit personal possessions and are responsible for their upkeep, it’s especially important for them to learn their value.”
“What you really need to understand is how to buy insurance and how much to buy.”
“A video is only a small portion of the story. It can’t prove quality and condition at the time of loss, whether something is sterling silver, antique or not….Insurance is only as good as what you can claim in the event of a loss.”
“You not only need appraisals you need to keep them up to date every two years. My Firm does this routinely for a small fee .”
“The surprise is that appraising and correctly insuring usually costs less than an inflated homeowner’s policy.”
“If you don’t get your house in order, those who inherit from you will pay as much as 30 percent in legal fees and as much as 55 percent in taxes.”
“People need to die penniless on paper. They need to get not only the house out of the gross taxable estate, they need to put the Oriental rugs, paintings, and silver in a sheltered legal instrument too.”