Insurance Services
Revere Auctions provides thorough and professional insurance services, assisting clients with appraisals for insurance coverage and insurance claims. Our USPAP certified appraisals make it easy to ensure your art is protected.
Independent Appraisal
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Frequently Asked Questions
What appraisal services do you offer?
We offer certified appraisal documentation for insurance, fair market value, charitable donation, equitable distribution, and full estates. We provide clients with detailed appraisal reports in both digital and hardcopy formats.
When would I need a certified appraisal?
There are several types of art appraisals, which are written to reflect their intended use of the report.
Goals of Appraisals:
- Obtain insurance coverage
- Place a claim for damage/casualty/loss deductionÂ
- Estate tax liabilities after a loved one passes
- Determine proceeds from an estate or liquidation
- Establish an amount for a non-cash charitable contribution for tax deduction purposes
- Determine an asking or purchase price when selling an item
What is covered in an appraisal document?
Our documents provide an unbiased evaluation of your personal property. The contents are thoroughly researched and informed by current market conditions as well as sales history. The appraisal documents include cost/prices associated with the type of appraisal you need, images of your personal property, each item’s description, condition, size, and any other notable information that may affect its value.
What do certified appraisals cost?
We charge an hourly rate. Please reach out with specifics regarding your project for a complete quote. Cost includes an in person appointment to review the property, a hardcopy of the document, and delivery of said paperwork.Â
Please note: Travel fees may apply if outside a 50 mile radius of St. Paul, MN.
What qualifies you to value my personal property?
Our certified appraisers have undergone formal education in appraisal theory, principles, procedures, ethics, and law. They are accredited by the International Society of Appraisers (ISA). Our appraisal documentation meticulously adheres to the ethical and professional guidelines of the Appraisal Foundation’s Uniform Standards of Professional Appraisal Practice (USPAP).
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