Personal Property Appraisals
Spalding Nix Fine Art has extensive experience appraising personal property in Atlanta and the Southeast. Spalding Nix is an Accredited Member of the American Society of Appraisers and is available by appointment to appraise personal property, fine art, antiques and collectibles. Our appraisals comply with the Uniform Standards of Professional Appraisal Practice (USPAP) established by the Appraisal Foundation as well as the technical and ethical requirements of the American Society of Appraisers.
Spalding Nix Fine Art is available to conduct personal property appraisals for:
To determine the Replacement Value, most commonly at retail, of an object in order to accurately provide for insurance coverage.
Gift Taxes & Charitable Contributions
To determine the Fair Market Value of an object given to an accepting organization or institution in order to aid in establishing the donor's income tax deduction.
Estate Planning & Tax Reporting
To determine the Fair Market Value of an object in connection with the preparation of estate tax returns, or to assist in estate planning, &/or in the distribution of assets.
Divorce & Property Division
To determine the Fair Market Value of an object in order to assist in the equitable distribution of property that is jointly owned by individuals, business associates, or corporations that may be changing ownership.
Loss & Damage Claims
To determine the Replacement Value of an object lost or damaged and/or diminution of value as a result of the damage. Utilized to aid or facilitate claims settlements.
Appraisal fees should be fair and reasonable and should correspond to the type and amount of services rendered, the experience and education level of the appraiser and the liability to which the appraiser feels exposed by virtue of undertaking the assignment. Spalding Nix Fine Art charges an hourly rate of $150 per hour for services rendered, with a minimum charge of $450 for most appraisals. Charitable Contribution appraisals have a minimum charge of $750 due to the amount of due diligence required to comply with IRS regulations. Estimates are based on the amount of time that we believe it will take to examine, evaluate and research the property, and to prepare the Appraisal Report. Appraisal fees are in no way related to the value of the item(s) being appraised.
We charge $75 per hour for travel time for locations outside Atlanta's I-285 perimeter. Travel time is based on Google’s driving directions to and from Spalding Nix Fine Art.
Spalding Nix is available for "walk-through" evaluations on an hourly basis of $150 per hour, with a minimum charge of $300.
Spalding Nix is available for "walk-through" evaluations of homes or businesses offering oral information based on his knowledge, experience and past market-related observations. With a "walk-through" evaluation, Mr. Nix will offer comments on objects that he believes may have resale value.
A "walk-through" evaluation does not make official statements about the dollar value of objects - it merely allows Mr. Nix the opportunity to identify those pieces that my be worth selling and to offer resale options. A "walk-through" evaluation is not an oral appraisal and does not include opinions of value.
Call or email to set up an appraisal appointment:
(404) 841 7777