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Home > Quilt Appraisals
 

Quilt Appraisals

Why Do You Need A Quilt Appraisal?

-To establish a quilt’s replacement value.  Without documented proof, an insurance company will only reimburse you for the value of a blanket if your quilt is damaged, destroyed, lost, or stolen.

-To determine the value for a donation, gift, or estate purposes for the IRS.

-To purchase a “Fine Arts Floater”.

-A thoughtful addition with a gifted quilt.

-For protection and peace of mind while shipping.

-Appraisals are often required when you hang your quilt in a show.

-What is your quilt worth if you intend to sell it. 

Dana Balsamo is an AQS (American Quilter's Society) Certified Quilt Appraiser and is available to provide professional written quilt appraisals for your antique and contemporary quilts. Appraisals are in person, by appointments only.

Appraisals cannot be done without the quilt in hand. They can be performed at her Princeton, NJ location, or your local NJ, NY, or PA location. Please call or email her and indicate the date and time you would like to schedule your appraisal, and Dana will do her best to meet your request.   As of Jan 1st, 2016, Written Appraisals are $50 per quilt and Verbal Evaluations are $25 per quilt. 

Dana is available 7 days a week, 9am to 9pm ET, at 732-221-3560.

Appraisal Types

-Insurance Appraisals - This appraisal determines what the value of the quilt is.  Or, how much money it would cost you to replace your damaged or lost quilt with one of like and kind.
-Fair Market Appraisals - This appraisal is for a market value - that figure arrived upon between a willing buyer and a willing seller, both with knowledge.  The Fair Market appraisal is an opinion and not a guarantee.
- Tax Donation Appraisal - This appraisal is for a client who wants to donate a piece for any reason to any type of organization or place, or to establish a value for an estate/family, often after a death.

As a certified AQS Appraiser and PAAQT member, Dana follows a strict code of ethics. 

Code of Ethics

-The purpose of the appraisal and ownership of the property should be established before beginning an appraisal.

-Professional tact and finesse in reacting to the client and/or the property to be appraised is essential.

- Appraisers should inform clients when a property does not warrant appraisal.

 - It is unethical to knowingly put a false insurance value on a property.

 - Appraisers should avoid the appearance of conflict of interest.

 - It is unethical to take advantage of an appraisal situation to solicit.

 - It is unethical to make use of information gained from any quilt appraisal without permission of the owner.

 - It is incumbent upon each appraiser to maintain professional courtesy with regard to all other appraisers.

- It is unethical to appraise beyond one's knowledge, abilities, and experience.




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