AISociety ™ Appraisers International Society ™ AIS - Personal Property Appraisal's Global Valuation Standard ™ GVS
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Since 1982, AIStandards™ & AiCertification™ developer Elly Rosen has been the primary developer & instructor
of professional principles, applied ethics, procedures, methodology and reporting for multi-specialty, attached
and movable Personal Property Appraisal & Valuation. Leader of the very first education, testing, certification
and referral programs, now Elly and the Global AiCertification Team are in the 5th-Decade Global AIStandard
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Why You Need Appraisal Education:
Profits vs. Pitfalls in Professional Appraising™
by Elly Rosen
Edited by George Holmes and Debbie Holmes
JCK Magazine, Managment Study Center Feature of Oct-1994, pp 111-125, 201
Reprinted in the JCK Handbook of Jewelry Store Management
2nd Edition, 1996, pp 69-78, 122
A comprehensive overview of The Personal Property Appraisal Process, this feature article uses gems and jewelry to illustrate fundamental valuation principles and the proedures for applying those principles to the ethics, methodology and reporting appropriate to each, every and ANY personal propert specialty area - for ANY assignment - in ANY global jurisdiction.
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Some of many Elly Rosen AiReferences, AIS-Writings Trade Magazine Cover Stories used in AiCeritifcation: Modern Jeweler Magazine's, "The Great Appraisal Challenge" & "The JGR - Jewelers Gemstone Reference",, an issue which also had Elly's "Answers To: Th
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Professional Valuation Appraisers - CHECK THIS OUT:
Scroll down to open the 12-page feature in an electronic reader
Why You Need Appraisal Education:
Profits vs. Pitfalls in Professional Appraising™
by Elly Rosen
Edited by George Holmes and Debbie Holmes
JCK Magazine, Managment Study Center Feature of Oct-1994, pp 111-125, 201
Reprinted in the JCK Handbook of Jewelry Store Management
2nd Edition, 1996, pp 69-78, 122
Read George Holmes Oct-1984 JCK Editorial: "Appraisal Sanity"
Scroll down to view or download the full 12-page feature in our electronic reader
Contextualized and illustrated for Gems & Jewelry Valuation &
Appraising
but fully applicable to ALL global, personal property appraisal assignments.
This groundbreaking feature article provides a comprehensive
introduction and overview to professional personal property
appraising,
from the most basic Intended & Assigned Uses of Consumer assignments
to the most advanced needs of the professional client community,
in all global free market economies and common law jurisdictions.
Article Information & Details
JCK Magazine, October 1994, pp 111-125
JCK Management Study Center 14-page Pull-out feature article and quiz
"Why You Need an Appraisal Education:
Profits vs. Pitfalls in
Professional Appraising"
by Elly Rosen, Edited by George Holmes and Debbie Holmes
©1994 EllyRosen with All Rights Reserved
A primer on professional
Personal Property Appraising & Valuation
[Personal Property includes depreciables and appreciables including Gems & Jewelry; Fine
& Decorative Arts, Antiques & Collectibles, Residential Contents, Machinery & Equipment, etc - This feature illustrates valuation and appraisal professionalism with gems and jewelry
examples. However, ALL of the principles, procedures, methodology, ethics and reporting techniques discussed are DIRECTLY and FULLY applicable to all personal property and relevant to ALL
global free market economies.]
All conepts, principles, procedures and methologies of this article
ARE Regularly updated as an AiReference in
AiCertification™Program courses.
----------------
Sidebars to the primary narrative:
- "`What I Paid is Irrelevant'" p 120
- "Stop the `Unethical' Jeweler in Our Area" p 121
- "Value Defined" p 122
- - "value," "Market Value," "Fair Market Value," "Insurance `Value'"
- "I Just Want to Know What It's Worth'" p 123
- "The Big `E' in E-Valuation" p 124
Other Sidebars include summaries of related court decisions in the articles:
"Timeline of Some Important Appraisal Related Court Decisions on Selected Topics" (1941-87)
is found in article tables spanning pp 116-119.
Trial Court subject matter includes:
- Cost as a measure of [IRS] Fair Market Value (FMV);
- Appraisers role on an insurance damage claims panel;
- Appraiser's opinion vs facts in the marketplace;
- Basing IRS FMV on sales to the "ultimate consumer";
- Charging percentage fees as a hazard to expert's credibility;
- Seller as the appraiser while valuing at more than the price charged;
- Appraiser questioning authenticity when on an insurance damage claims panel;
- Appraiser liability for negligence to a third party;
- Basing IRS FMV on sales to a dealer;
- When original cost might not be best evidence of FMV;
- Basing value on what an item is vs. what it could be transformed to;
- When might a dealer or manufacturers be considered the "ultimate consumer"
The Oct-1994 publication included an
Editorial by George Holmes, p. 201, "Appraisal Sanity"
This article was reprinted in the JCK Reference Book:
"Handbook of Jewelry Store Management,"
Second Edition
Compiled by the editors of JCK, Chilton Company, Radnor, PA, 1996
as "JCK Management Study Center: Why You Need An Appraisal Education"
by Elly Rosen, pp. 69-78, 122
Why You Need Appraisal Education: Profits v Pitfalls of Appraising
by Elly Rosen, Edited by George Holmes and Debbie Holmes
©1994 EllyRosen with All Rights Reserved
A primer on professional Personal Property valuation and appraising
[Personal Property includes depreciables and appreciables including Gems & Jewelry; Fine & Decorative Arts, Antiques & Collectibles, Residential Contents, Machinery & Equipment, etc - This feature illustrates valuation and appraisal professionalism with gems and jewelry examples but ALL of the principles, procedures, methodology, ethics and reporting techniques discussed are DIRECTLY and FULLY applicable to all personal property and relevant to ALL global free market economies.]
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