[Jewelry making - Article 00030] - Re: [Orchid] Appraisals

[will]

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    Hello Dale, You should take on appraisals on an individual basis.
    First, ask yourself if you really know the current market value of
    the piece(s) in question. Then, ask yourself if you are willing to
    back up your appraisal in court. Ask your client what are the risks,
    and liabilities that you face if you are wrong. The piece of paper
    that you sign for "insurance" purposes may end up in Tax audits. Some
    situations require two appraisals (different appraisers) and it would
    be a good idea if you suggest that your client get a separate
    opinion, for Tax purposes. Letters after your name may add
    credibility in case you need to defend your opinion, but it is
    really about confidence and experience. It wouldn't hurt if you
    checked with your State to see if there are any special laws for the
    type of appraisal you intend to do. Otherwise, all you need is a
    letterhead, a good loupe, and a killer attorney.  Hope this helps, Will Estavillo

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