Team Estate Sales & Appraisals

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Team Estate Sales & Appraisals

Edward T. Tuten, ISA AM


6973 Crestridge Rd Memphis, TN 38119

 

Estate Sales:

(901) 758-2659

 

Consignments:

(901) 383-4371

 

Appraisals:

(901) 216-7070

 

FAX:

(901) 758-2659

 

 Email:

 

About Appraisals


An appraisal provides a written estimate of the value of an item.  TEAM Estate Sales and Appraisals provides complete, accurate, and reliable information at a realistic cost.  Our appraisals follow the USPAP guidelines (Uniform Standards of Professional Appraisal Practice). 

TEAM Estate Sales and Appraisals is qualified to appraise entire estates or single items of significance.  At present, we do NOT offer online appraisals.  For onsite appraisals, contact us (email link here) or call us at (phone number) to arrange an appraisal.  For onsite appraisals outside of the Memphis area (60 mile radius), additional travel expenses will be charged.

Our appraisals are based on the most current sales results available for like items.

Although we can provide appraisals for most antique and collectable items, as well as most items comprising estates for which we contract to conduct estate sales, we do not appraise antique coins, stamps, antique textiles such as quilts, or antique automobiles.

 

Points to Consider about the Items being Appraised

Value will be affected by various factors.  The most important are:

  • Rarity:  The rarity of an item usually affects its value.  Rarity may be determined by how many of a particular item were produced or how many of the items are readily available in today’s market.  Some items which were, in the past, easy to locate, may become valuable if the demand for these items becomes high;

  • Desirability:  As with rarity, desirability can add value to an item.  The supply/demand factor is at work when collectors drive up the price of merchandise due to its popularity;

  • Condition:  This is perhaps the single-most important factor in determining the value of an item.  No matter how rare or commonplace the item, its condition can dramatically affect its potential value.  Most antiques and collectibles, by virtue of their age, have flaws, cracks, chips, wear, discoloration, and other damage.  Of course, the closer the item is to its original condition, the better.  Mint or near-mint condition items fetch higher prices than damaged ones.  Also important is that all parts are present.  For instance, a collectable toy is much more valuable with its original packaging.  And there should be no missing parts – bottles should have their original stoppers; teapots should have their tops; jewelry should not be missing stones.  Repairs, if they have been made, should be so well done as to be barely noticeable;

  • Manufacturer's or Designer’s Markings:  Items that bear a maker’s mark are often more valuable than identical or similar pieces that bear no mark.  It adds value to a Hand-painted or handcrafted pieces if it bears its crafter’s mark or signature;

  • Regional Differences:  The value of an item in one part of the United States can vary dramatically from its value in another part of the country if the item is in high demand in one area and not in another, or in plentiful supply one place and scarce another one;

  • Genuineness:  Whether an item is the real McCoy or a fake makes a huge difference in its value.  Authentication is important and will often necessitate the services of an expert if the fake is a good one;

  • Salvage Value:  Even a very badly damaged antique may have some value as repair experts often use antiques to repair other pieces.  Also, some pieces are used by artists and crafters to make other items.  Before throwing away a badly damaged piece, check to make sure it doesn’t have salvage value;

  • Current Market Fluctuations:  The value of particular categories of antiques can wax and wane depending upon their popularity at any given time.  Current demand will affect the value of an antique which can fluctuate, sometimes widely

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