Appraisals & Valuations
Our mission is to provide appraisal and valuation services competently, efficiently, and cost effectively for our clients.
Appraisals & Valuations
Freeman’s Appraisals has provided estate and tax professionals, private collectors, insurance professionals, and institutions with comprehensive art services, including appraisals, valuations, expert witness, damage claims, depositions, and acquisition advice for over a century.
As a result of our reputation, we have had the privilege of working with prominent family offices, estates, and collections from distinguished museums, institutions, corporations, and private individuals across the country.
Appraisal Process
REVIEW
Clients may provide photographs, paperwork, or inventories to review. We will arrange a walkthrough of the property to determine the size and scope of the project.
ESTIMATE
A complimentary quote for the timeframe and cost will be generated for the appraisal assignment. Once approved, an appraisal agreement will be sent for signature.
SCHEDULE
A mutually agreed-upon date will be scheduled for the on-site appraisal to catalog, inspect, and photograph the tangible personal property.
RESEARCH & REPORT CREATION
Our Appraisers will utilize internet auction aggregator sites and subscription service databases, as well as consult with market experts to determine the value of the items. Our administrators will create and customize the appraisal report for the appraisal assignment.
REPORT
A draft appraisal report and invoice will be sent to the client for review. Once approved, a finalized report will be shared.
Appraisal Services
• Estate Tax
• Gift Tax
• Donation
• Financial Planning
• Equitable Distribution—Heirs or Divorce
• Insurance—Coverage & Damage Claims
• Collateral—Loans
Cartier, Art Deco, Platinum, Diamond, Pearl, and Enamel Earrings
APPRAISAL ASSIGNMENTS ANNUALLY
ON AVERAGE IN ASSETS APPRAISED YEARLY
Our Team
Tim Luke
EVP, National Managing Director Appraisals & Valuations, Senior Appraiser
Mike Intihar
Senior Director Appraisals & Valuations, Senior Appraiser
Angela Whitaker
Senior Fine Art Appraiser
Elena Phifer
Appraisals Coordinator
LaGina Austin
Senior Director Appraisals & Valuations, Senior Appraiser
Tucker Etnoyer Appraiser
Katie Benedict
Appraisals Associate
Marisa Palmer
Senior Jewelry & Watches Appraiser
Yarden Elias
Appraisals Manager, Junior Appraiser
Julia Petrozzi
Appraisals Associate
Compliant Appraisers & Appraisal Reports
Tim Luke, EVP | National Managing Director, is an AQB
Certified USPAP (Uniform Standards of Professional Appraisal Practice) Instructor who ensures the Freeman’s Appraisals team maintains compliance with the USPAP standards. Our appraisers are up to date with USPAP courses and fulfill the IRS requirements for a qualified appraiser. Our appraisal reports also follow the USPAP standards and IRS requirements for qualified appraisal reports.
Our team recognizes distinct levels of trade or measurable marketplaces, and each may generate its own data. Our appraisers analyze the proper marketplace to determine the appropriate value conclusion. Consideration for the type and definition of value is also a factor that must be consistent with the intended use of the appraisal report.
The appraisers in our department have a vast depth and breadth of knowledge. Our familiarity with the marketplace, constant interactions with the markets, and tracking of market trends ensure that appraisals are completed efficiently and effectively.
AREAS OF EXPERTISE
• American Art & Pennsylvania Impressionists
• Antiquities
• Arms, Armor & Militaria
• Asian Works of Art
• Books & Manuscripts
• Classic Cars
• Coins
• Couture & Luxury Accessories
• Furniture & Decorative Arts
• Hollywood & Rock ‘n’ Roll Memorabilia
• Impressionist & Modern Art
• Jewelry & Watches
• Machinery & Equipment
• Modern Design
• Native American Art
• Old Masters & 19th Century European Art
• Post War & Contemporary Art
• Prints & Multiples
• Residential Contents
• Sports Memorabilia
• Western & Wildlife Art
• Wine & Spirits
Supplementary Services
The Freeman’s Appraisals team has competency in advanced appraisal methodology for complex appraisal assignments. Our experience and continuing education allow us to offer these premium services to our clients.
• Expert Witness Reports & Testimony
• Damage Claims
• Loss of Value
• Broad Evidence Appraisal Reports
• Appraisal Reviews
• Valuation Letters
• Additionally, we can provide inventory reports and will work with existing client databases.
CONFIDENTIALITY
The Ethics Rule in USPAP states in part, “an appraiser must protect the confidential nature of the Appraiser-client relationship. An appraiser must be aware of and comply with all confidentiality and privacy laws and regulations applicable in an assignment.” All members of our department adhere to this policy for all assignments.
COLLECTIONS LARGE & SMALL
The Freeman’s Appraisals team has experience overseeing projects of different sizes and scopes. Examples include but are not limited to single items, a two-bedroom condo, estates, and collections with over 10,000 items in multiple asset categories and international residences. We ensure our photography, cataloging, reporting, and research are of the highest quality and can work with pre-existing collections databases supplied by the client to provide seamless reporting.
FEES
Freeman’s Appraisals has an hourly fee for on-site and research time per Appraiser. There is also a flat fee for administration and digital storage of appraisal assignment photographs and research information for the required five-year period as per USPAP requirements. We provide itemized invoices for our services following the completion of a final appraisal.
REGIONAL OFFICES
• Atlanta
• Boston
• Chicago
• Cincinnati
• Denver
• Detroit
• Miami
• Milwaukee
• Naples
• New York
• Palm Beach
• Philadelphia
• San Diego
• Scottsdale
• St. Louis
• San Diego
• Washington, D.C.
The Appraisals team travels to all 50 states and internationally for assignments.
Fancy Brownish Pink Diamond Ring