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Appraisal of antiques is the professional activity of determining the value of antiques. Evaluation is carried out by evaluators - individuals and legal entities using special rules and methodologies. The type of value of antiques depends on the purpose of the evaluation (market, investment, pledge, etc.). Works of art, including antiques, real estate, property complexes, machinery and equipment, etc. are very specific types of property with a number of features that distinguish them from more common types of property such as Real estate, machinery and equipment, vehicles, land, operating enterprises, etc. assessment is based on certain sections of economics. When it comes to works of art and antiques, no theoretical economic basis has yet been created for the valuation of these types of property. Currently, there is no regulatory mechanism for this type of evaluation activity. Valuation of works of art cannot be carried out through universally accepted economic approaches because there are no general theoretical principles based on economics for the creation of a methodology for the valuation of works of art and antiquities. The assessment of this type of value is a specific and unique type of activity based on art studies, historical scientific and economic work. When appraising works of art and antiques, it is important to determine the authenticity of the appraised item, therefore, before the appraisal, our company conducts a comprehensive examination of the appraised property. Appraisal of antiques is not only the determination of the "correct" price by an expert, but also the process of preparing an appraisal opinion in accordance with the Law on appraisal activity and international standards and norms.
Valuation of antiques is carried out in order to determine the following:
• the price of the purchase and sale transaction;
• collateral amount during lending;
• determination of the state fee for performing notarial acts (valuation of an antique for a notary);
• adding yeast to the authorized capital;
• compensation during legal disputes;
• insurance amount.
When evaluating an antique, factors such as its degree of preservation, ownership of the manufacturing company or author, the number of copies, and the time of creation are taken into account. However, when determining the value of antiques, supply and demand are key. Therefore, auctions, specialized publications and shops play an important role in the field of antiques valuation.