What’s It Worth? Trading Up, Down, or In Is Easier Than It Seems

03Feb09
Stanley Boxer's No. 30 from Flitofloat series, lot 7126 in Bonhams upcoming Sunset Estate Auction in Los Angeles on February 8th
Stanley Boxer’s No. 30 from Flitofloat series, lot 7126 in Bonhams upcoming Sunset Estate Auction in Los Angeles on February 8th.  Estimate:  $800-$1,200.
By Emily Waldorf
Have you ever wondered if that dusty oil painting or antique clock you inherited from your great aunt is worth something but thought it was too complicated to get it appraised?  With the economy in flux, it is a wonderful time to take stock of your precious baubles, vintage crus, and Chippendale chairs and take a proactive step towards finding out whether or not they are actually worth something.  If the value of your property has gone up, it is worthwhile to hire an appraiser to conduct an itemized estate appraisal and have your items reinsured accordingly.  
$10,000 - $15,000
A star sapphire, diamond, and white gold ring, lot 302 in Christie’s upcoming Interiors Sale on February 9 & 10 in New York. Estimate: $10,000 – $15,000
Bonhams auction house holds fabulous monthly appraisal events in their Los Angeles, New York, San Francisco, and Newport Beach locations.  Their in-house specialists can appraise a wide range of property from jewelry, watches, paintings, prints, and photographs to furniture and decorative art, 20th century design, books and manuscripts and even entertainment memorabilia.  You might have to wait in line for a few minutes but you will get a quick answer as to whether or not you could sell your property at auction for a tidy profit or if you would be better off pawning it off at a local garage sale.
$1,500-2,000

A Louis XV style gilt bronze scarlet paint decorated commode, lot 7639 in Bonhams upcoming Sunset Estate Auction on February 8th in Los Angeles. Estimate: $1,500-2,000

Another option for unloading your jewelry quickly in tough times is CIRCA, the only buying house in the U.S that provides a truly liquid market for previously owned jewelry, with cash offered on the spot if you choose to part with your jewels.   The service is strictly confidential and the knowledgeable experts are some of the best in the business.
  • Click here for more information on Bonhams Appraisal Days
  • Click here for Christie’s valuation days schedule 
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