Certified Written Appraisals
Our clients typically are in need of accurate, honest & current valuations of high value items connected to large estates. Such as inherited collections of Tiffany glass, fine art, coins, antique firearms, etc.
We offer a full suite of appraisal services in compliance with USPAP (Uniform Standards of Professional Appraisal Practice) and meet the highest standards set by the IRS, and the Appraisers Association of America.
• Estate Planning
• Retail Replacement Value for Insurance
• Equitable Distribution
• Estate Tax
• Fair Market Value for Sale
RZM Fine Arts & Antiques, Inc. has supplied hundreds of certified written appraisals for Executors of Estate Wills, attorneys, banks, real estate agents, as well as The United States Department of the Interior.
Appraisals by RZM Antiques meet the requisite guidelines and adhere to the following IRS codes:
The fair market value of the contributed property on the valuation effective date. Fair market value is defined in 26 CFR §1.170A-17(a)(5)(i): “The fair market value is the price at which the property would change hands between a willing buyer and a willing seller, neither being under any compulsion to buy or sell and both having reasonable knowledge of relevant facts. If the contribution is made in property of a type which the taxpayer sells in the course of his business, the fair market value is the price which the taxpayer would have received if he had sold the contributed property in the usual market in which he customarily sells, at the time and place of the contribution and, in the case of a contribution of goods in quantity, in the quantity contributed. The usual market of a manufacturer or other producer consists of the wholesalers or other distributors to or through whom he customarily sells, but if he sells only at retail the usual market consists of his retail customers.”
In need of a written appraisal – please contact us.
We look forward to serving you!