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How long does an appraisal hold its relative value or worth?
The values in an appraisal report remain valid for approximately three to five years. The marketplace for antiques and collectibles is constantly changing due to the impact of the economy, politics, and world conflicts, in addition to many other factors. This situation results in constant fluctuation of value. It is therefore recommended that the appraisal report be updated every five years.
The values in an appraisal report remain valid for approximately three to five years. The marketplace for antiques and collectibles is constantly changing due to the impact of the economy, politics, and world conflicts, in addition to many other factors. This situation results in constant fluctuation of value. It is therefore recommended that the appraisal report be updated every five years.
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