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Are appraisal days at museums and events a good way to learn value?

Asked by sitecontributor|Shows and Events

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BidBuySmart

They can be a helpful starting point. Appraisal days, often held by museums, historical societies, libraries or charities, let you bring an item and get a quick verbal opinion from an appraiser, auctioneer or dealer. They are a fun way to learn whether something might be worth pursuing further.

Keep expectations in check, though. A quick look at an event is usually an informal opinion, not a formal written appraisal. It may not be suitable for insurance, estate, tax or legal purposes. The specialist may also have limited time and may not be an expert in your particular category.

If you learn your item may be valuable, follow up with a qualified appraiser for a written appraisal or with an auction company if you are thinking of selling. Bring any history, receipts or photos you have to the event, since provenance helps.

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