45+ Years of Experience•Hours of Operation: Wednesday – Friday, 1 p.m. – 6 p.m.; Saturday, 11 a.m. – 4 p.m.
KNOW YOUR ANTIQUES AND KNOW YOUR APPRAISER
ROMAYNE SHAY McMAHON is an Accredited Member of THE INTERNATIONAL SOCIETY OF APPRAISERS and THE NEW ENGLAND APPRAISERS ASSOCIATION.
WHAT SHOULD AN APPRAISAL CONTAIN?
• A cover page with qualifying conditions • Statement of the disinterested nature of the appraiser • A complete accurate description of the personal items • Value conclusions related to particular valuation dates • Dating information as to approximate age of each item
DO NOT ACCEPT AN APPRAISAL
• If it is handwritten or unsigned • If it is a generalized “laundry list” describing the item as a “buffet” or a “chair” • If the appraiser is not willing or able to defend his evaluation in court • If the fee is a contingency fee based on the value of the item • If the item is beyond the expertise of the appraiser
The appraisal should be typed with the original presented to the owner, signed and sealed with the appraiser's personal seal.
Extra copies will be given to the owner to present to his insurance company or any other person requiring the appraisal for a specific purpose.
The Appraiser retains a copy in the event of a loss or if required to present same in the event of a subpoena submitted by the court, at which time the original owner will be notified.
Certain items can be brought into our shop for appraisal purposes, however, most appraisals are done on the premises of the home owner. Appointments are necessary in either case.
We also assist in insurance claims due to damage of items involving a loss during a moving process.
The purpose of an appraisal is to do a Market Analysis of the items Authentication must be made, condition must be determined and then the research must be done to estimate the Fair Market Value.