Can an auctioneer also serve as my appraiser?

Many auctioneers are very knowledgeable about value because they see real selling prices every week, and some hold formal appraisal training as well. For a quick opinion on what something might bring at auction, an experienced auctioneer is often an excellent source.

For a formal report, such as for an estate, insurance or donation, think about independence. If the same company will also sell the items and earn a commission, an outside party such as an heir, court or tax agency might question the objectivity of the value.

The best approach is to be clear about what you need. Ask whether the auctioneer prepares written appraisals separate from consignment, how they charge, and whether they follow recognized appraisal standards. Some states also have rules about this, so ask locally.