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Active in providing cultural property and charitable donation appraisal reports for more than 18 years, Appraisal Associates has museum and gallery clients across Canada. We pride ourselves in meeting deadlines, offering competitive rates, and complying with the report-writing guidelines of the Canadian Cultural Property Export Review Board (CCPERB). We have a solid understanding of the level of completeness required in tax-related appraisal reports.
Cultural property donations
Appraisal Associates works with a large number of major cultural institutions across Canada to provide cultural property appraisal reports and has great familiarity with the process and the requirements. Our appraisal reports meet or exceed the guidelines established by the Canadian Cultural Property Export Review Board (CCPERB). We value a wide variety of cultural property ranging from ethnographic artifacts to contemporary artworks.
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Charitable donations
Canadians donating art, antiques, or other collectibles worth more than $1,000 to museums and public institutions with charitable status require written appraisal reports to establish the fair market value of the gifts. Increased accountability requirements and problems with overstated and unsubstantiated valuations have prompted many public institutions to ask that appraisals comply with “industry standards.” To learn more about how Appraisal Associates can provide museums and public institutions with appraisal reports for charitable donation purposes, please contact us.
Insurance coverage
Insurance coverage appraisal reports are your institution’s evidence of value in the event of a loss and claim. Appraisal Associates has a great deal of experience with this type of appraisal, and most insurance companies in Canada are familiar with our reports. Please contact us to discuss your institution’s insurance coverage appraisal options.
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Insurance loss / claim
Appraisal Associates works with many insurance adjusters who process complex and unusual personal property claims involving art, antiques, and decorative art. As a result, we understand the type of information insurance companies want in a claim-related appraisal report. Appraisal Associates can bring this knowledge and experience to your claim when your insurer asks for proof of value.
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Prospective sale or purchase
Appraisal Associates provides clients with appraisal reports to estimate the market value of art or artifacts. Useful for either sales or purchases, these advisory reports address the key characteristics of value of the property in question, as well as a context of comparable sales. Additionally, we can advise clients of the most appropriate sale venues to maximize return. Please contact us for more information on market value appraisals.
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