Understanding Appraisals: The True Value of Your Assets
When it comes to valuing personal assets, many people misunderstand the differences between appraisal types. In this episode of Estate Planning Essentials: Coins, Stamps, Fine Art, and More with Marc Rosner, we dive into what truly determines the worth of collectibles, precious metals, and other assets.
Our guest breaks down the key factors that influence pricing—whether selling directly, through an auction house, or via a professional dealer. We explore how liquidity, market demand, and hidden costs impact valuation, from gold coins and fine art to pianos and rare collectibles.
Tune in as we discuss the realities of asset appraisal, the cost of selling, and why, in some cases, a diversified investment strategy might be the better financial move. If you've ever wondered whether that coin collection is a hidden fortune or just sentimental value, this episode is for you!