Skip to main content

CR 4-420 Demystifying the Deaccession and Appraisal of Household Contents

Instructor: Kate Elizabeth Molets
Total time: 86 minutes
CEUs: 1.5
Conference Year: 2017

Course Description
When are valuable objects considered appreciating assets? How does the expanding global art market affect the value of fine art, antiques, wine, silver, jewelry and other collectibles owned by Americans? What factors influence the value of objects? During the past several years, fine art and collectible markets have been in a continuous state of evolution expanding into new countries and to new purchasers across the globe. Due to the increased number of international buyers, tastes and desires have broadened. As a result, the value of fine art, jewelry and collectibles have fluctuated tremendously over the past decade due to changes in consumer demand. Many personal collectors remain unaware of the value changes and as a result, are unable to properly organize, plan and make decisions around the objects in their home This presentation will educate the wealth community on the state of the art and collectible markets. The wealth community will also develop an understanding of the importance of planning for and insuring a client's valuable tangible assets.
The major themes of the course include:
  • Determining when valuable objects are considered assets
  • Understanding how value is determined and the appraisal process 
  • Today's current market and trends
  • Outlets for deaccession
  • Asset management systems
  • Downsizing pitfalls
  • The decorator dilemma
  • Storage and maintenance of collectibles and fine art

Learning Objectives 
1. Reasons for international growth in the art market.
2. How to protect one's valuables. 
3. Knowing when to sell.

Code Words
Please be sure to listen for and record the code words given during the presentation. The instructor will explicitly verbalize code words periodically throughout the class (i.e. "The first code word is...") Note: Not all instructors give code words. If you do not hear any, please indicate "none given" on the course evaluation.