How are antiques valued in Michigan?
By triangulating three data types: completed auction results, dealer and gallery offerings, and published price guides, with completed sales carrying the most weight. The appraiser documents dimensions, materials, maker's marks, production period, and condition so each comparable genuinely matches the piece being valued.
How does Michigan law handle disputed insurance values for personal property?
Fire policies in Michigan must include a statutory appraisal process under MCL 500.2833: if the insurer and policyholder cannot agree, each side selects a competent, independent appraiser, and those appraisers determine the actual cash value and amount of loss for each item. Documented pre-loss appraisals make that process far easier.
Does restoring an antique increase its value?
Often it does the opposite. Original patina, surface, and period-consistent wear are core authenticity evidence, and over-restoration can permanently reduce collector interest. Get an appraisal before restoration so the decision is grounded in what the market actually rewards.
Are dealer asking prices proof of what my antiques are worth?
No. Asking prices often sit unsold and routinely exceed what buyers pay, which is why professional practice bases antique values on documented completed transactions. We treat listings as context, not evidence, when concluding fair market value.