Katherine Yellen is a certified member of the International Society of Appraisers and provides appraisals for insurance, estates, donations, pre-move/relocations, damage/loss and equitable distributions for divorce. Our reports have also been used by collectors and individuals with items to sell for valuation guidance. We work with private clients, insurance agents, attorneys and tax professionals throughout Connecticut and Westchester County, NY.
The consumer should be aware that currently there is no law requiring an individual calling themselves an "Antique Appraiser" to have taken specific appraisal practice coursework, be part of a recognized professional appraisers association or to have passed the Uniform Standards of Professional Appraisal Practice (USPAP) exam so there can be significant variation in the quality of work and level of report detail provided by different appraisers. For this reason, the IRS has issued guidelines to the legal and tax community recommending they use qualified appraisers particularly for cases involving estates and donations.
Each appraisal report that we provide will fully meet the standards set forth by USPAP as well as all federal and state documentary requirements. Our reports include digital pictures, full descriptions, measurements, condition and value. For paintings and fine art, information about the artist's background may also be given. Data on comparables is kept in work files or listed directly in the report for items of higher value. We will also provide electronic copies of the appraisal (including pictures) by email or on CDs for your insurance agent or attorney. This level of documentation is invaluable should you ever need to substantiate an insurance claim due to fire or theft.
A formal appraisal requires that we schedule an appointment to view the items in person. Our fees are based on a rate of $125.00 per hour for the time needed on site to document and photograph each item and for the research done at our office. There is a minimum charge of $250.00.
If you have antiques, furniture, silver, paintings, porcelain, fine art, collectables or other items of value, please give us a call at (203) 438-9228. We can usually provide a cost estimate over the phone based on the number of items and appraisal type (i.e. insurance, estate, etc.) that is required.