Question 1

How much does an equipment appraisal cost?

Accepted Answer

Equipment & machinery appraisal costs vary based on scope, intended use, and asset count. For a single piece of equipment , pricing typically starts around $295 , with most one-item appraisals falling in the $295–$595 range. More complex or compliance-driven assignments—such as IRS, lending, litigation, or due-diligence purposes—generally start at $395 and scale with complexity. Across typical projects, the standard fee range is $695 to $2,200 based on past engagements. We also offer volume-based pricing : small groups of equipment (around 10 items) commonly range from $995 to $2,200 , while large inventories or fleet-level appraisals—often involving onsite work—can range from $5,000 to $10,000+ . Final pricing is confirmed after reviewing asset details and scope.

Question 2

How often should jewelry be appraised?

Accepted Answer

Jewelry should typically be appraised every two to five years, depending on market volatility and the item’s importance. Rapid changes in gold, platinum, and diamond prices can make older appraisals inaccurate for insurance coverage. Re‑appraise sooner if you significantly alter the piece (resetting, resizing, replacing stones) or if you add riders to a homeowner’s policy. High‑value or branded items (designer, antique, signed pieces) benefit from more frequent reviews to reflect changing collector demand. After a major life event—marriage, divorce, inheritance, or relocation—updating appraisals helps with planning and documentation. Keep prior reports so your appraiser can compare and update efficiently.

Frequently Asked Appraisal Questions

Machinery & Equipment Questions

Personal Property Questions