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"When Value is in Doubt - Find Out!"
About face: jug made in 1970s ceramics class fools Roadshow expert
Mistakes happen. Even the best appraisers make mistakes. As reported (3/6/16 on Liveauctioneers.com at https://c1.liveauctioneers.com/top-news) a very unusual and grotesque face jug was appraised at an Antiques Roadshow by a Skinner's Auction expert at $30,000-$50,000 thinking it was 19th or early 20th century and very unusual and appealing. The jug was later recognized as a 40 year old jug made by a student in a ceramics class with pictures to prove. When notified the appraiser adjusted the value range to $3,000 to $5,000. Everybody got to chuckle. The potter, now a horse trainer stopped potting years ago and the new owner is now comfortable putting it on display and enjoying the presence and power this wonderful and unique object.
In this case it is a matter of "no harm-no foul", but in other circumstance such a mistake could have catastrophic financial consequences. Appraisers have great flexibility in developing their opinions, analyses and conclusions, and a responsibility to be diligent and not make a substantial error. Appraisers are guided by minimum rules and requirements imbedded in USPAP which require to appraiser to: "Know what your doing. Do it right. Don't be sloppy". Appraisers must be confident that the assignment results developed are worthy of belief relevant to the intended use of the appraisal. That is always the focus of a Novotny appraisal.
When Value is in Doubt - Find Out!
All appraisers must first identify the appraisal problem. Only then can the appraiser determine that they are competent to solve the appraisal problem and to conduct the scope of work necessary to develop credible assignment results.
Only then can the appraiser identify the market level to research that is relevant to the intended use of the appraisal by the client.
The appraisal process must be guided by decisions informed by the appraiser's knowledge and experience with multiple markets and property types.
Fine and Decorative Art
that excite the eye & touch the heart
Asian & Native American Objects
provide historical context to our lives
Collectibles and Textiles
remembrances of our life
Antique and collectible rarities
Visual, interesting, unusual objects
In depth market knowledge and experience
William M Novotny opened a 20,000 sf antique store in 1979 and fourteen years later became a general personal property appraiser in Los Angeles. He is competent with general personal property household goods, antiques, fine art and many rare objects of all types. He is competent to solve many complex and challenging valuation problems considering relevant and competing markets and market accessibility.
Flexible Consultations and Reporting
Sometimes, a brief consultation is all you need.
Sometimes you only need an oral or brief report.
Sometime a very formal and comprehensive appraisal report is required
Appraisal Review - AQB Certified USPAP Instructor since 2003 (#10138)
Sometimes personal property appraisers are needed to determine the quality of the work of another personal property appraiser relevant to applicable and minimum standards for ethics & competency. Find out more!
Providing Ethics and Competency
Valuation services since 1979
Antique and Personal
Most types of residential contents including