Approved Antiques Valuers for Probate, Inheritance Tax, Insurance, Fire and Flood Replacement Purposes
Malcolm Green who started Green and Cockburn antique restoration has now retired from the restoration side of the business, and now runs his valuation business and has a new website which is www.antiques-valuations.co.uk Malcolm has been a valuer and restorer and consultant for the BBC on the antiques restoration roadshow and other antique orientated programmes and has been valuing and restoring antiques and fine art for over 40 years and can be contacted on the above website.
Malcolm knows the pitfalls and he can advise accordingly how to proceed with your valuation, he can also instruct you how to proceed after the declaration and probate is completed, and how to proceed on the sale of your items by auction or reputable antiques retailer to acquire the best possible price.
A William De Morgan ruby lustre dish
Below you can see one William De Morgan dish and one William De Morgan charger which had been valued at £3,000 each. Malcolm was called by the client who said they had some plates that they wished to sell and wanted a secondary valuation we estimated the value to be somewhere in the region of £15,000.
On his advice, these items were sold at auction and between them they achieved £21,200.00.Lot 58
This dish sold for £7,200
A William De Morgan 'Sunset and Moonlight Suite' chargerLot 59
This bowl or charger sold for £14,000
Family death, valuation or house clearance - what do you do?
When somebody dies or is in a home and you're not sure as to the value of the contents or whether they may be of an antique nature do not phone house clearance people as they will invariably charge to take it away and quite often ask antique valuers such as ourselves as to the value of the items acquired, if you contact Malcolm on www.antiques-valuations.co.uk he can advise you accordingly, there is no charge for advice over the phone.
If one is left as the executor of an estate it can be quite complicated knowing how to proceed, he can offer advice freely for those people requiring help in relation to whether they should make a declaration for inheritance tax purposes or not.
Malcolm can advise on any necessary procedures that can be expected of you by the inheritance tax office and how to follow the best procedure and to the right thing and save as much money as possible. Please see the HMRC guidelines.
Sometimes Malcolm may be asked to value the contents in a property where there is nothing of any value whatsoever, which is fine as this in itself is a declaration of worth in relation to the valuation required which is necessary by law.
The threshold at the moment in relation to whether you pay inheritance tax or not is £325,000 once the contents within the property are valued you will be aware of how close to the threshold you are.
It doesn't cost much to get the items valued professionally to see if there's anything there of value.
If there is anything of value within the contents of the property he can direct you as to correct procedure to maintain the highest value of the item and the best way of selling if you do so wish.
Retrospective valuations can also be undertaken but this is somewhat more complicated, you have to have a very understanding insurance company and photographs or some kind of proof of the items that are now missing stolen or damaged by fire.
We do though have a good record of undertaking this service after restoring and valuing antiques for over 40 years it is possible to tell from a photograph the age and value of an item, again this service is undertaken at our sister company. www.antiques-valuations.co.uk
Then by linking this item using a hyperlink, the photograph and hyperlink information may have to be acquired from the antique premises or retailer so that one can prove the most recent value of the item to hopefully gain recompense .
Insurance valuations required before not after the disasterous event
A proper valuation of your antiques prior to needing to make an insurance claim will ensure the claim is processed accurately and fairly. Malcolm has have found it necessary to have comprehensive photographs of valued antiques, geo-tagged to their location and each individual item of merit recorded, accurately described and linked to a similar item in an online database so a realistic value can be proven.
All antique items are indexed linked with your insurance company i.e. he is able to project what the item will be worth in later years, taking into account inflation. Items are valued at provincial auction prices as of IHIA 1984s 160.
Below you can see a typical call out regarding damaged antique items after a fire which apparently was caused by squirrels eating through electrical cables.
Malcolm is also used by insurance companies and loss adjusters as a detailed valuer to help the insurance company and the claimant to assess the damage correctly.
Malcolm has also undertaken quite a lot of valuation work for the restoration roadshow with Eric Knowles on behalf of the BBC and is a member of the restoration team.
Valuation of extremely damaged items
Antiques that have been damaged by fire or water are rather hard for the average valuer to comprehend, but as Malcolm has been restoring antiques for many years now retired from a profession but has been used to seeing things in an extremely damaged state, therefore valuing them in this condition is the norm.
Below you can see two very fire damaged chairs after our instruction the clients received the insurance money for these chairs they were restored by us back to their original value of £5000 each.
Fire and flood damage - Phone us before your insurance company
Phone us prior to contacting your insurance company, otherwise it is possible that your fine antique items may be passed on to one of the businesses employed by insurance companies who clean carpets etc as cheaply as possible. Malcolm can liaise with the insurance company on your behalf so as to maintain the value and integrity of your antique item.
After many years in the business we are used to dealing with relevant police forces in tracing lost items, he also have a vast database to compare your item. We are experienced in assisting our clients with insurance claims.
Investment in Antiques
In these troubled times of recession people are investing in antiques more and more. We have found that pre Victorian items are generally on the increase in particular 18th and 17th-century long case clocks, which people are finding have a much better investment than putting their money in the bank.
Malcolm is willing to provide advice on any antique item purchase, with a view to investment.
Malcolm is an approved Antique Valuer to tax office standards and is often asked by auction houses, the general public and insurance companies to value single antique pieces or whole estates. Advice is given on probate or valuation matters.
For further advice on the valuation of antiques and fine art across the spectrum please see our sister site www.antiques-valuations.co.uk where Malcolm Green is the prime valuations expert.
He is completely unbiased with hisvaluation processes as he is not affiliated to any one auction or dealer therefore he can advise you where to acquire the best price for your items.
When we are valuing for probate or inheritance tax he will prove the value of the item as low as possible with a photographic hyperlink to a database, to prove its value and when we are valuing for insurance replacement he will do the same to prove the highest price in terms of replacement.
Why use www.antiques-valuations.co.uk
Making sure your items are valued correctly is very important. By using Malcolm you can be sure that you have somebody who is knowledgeable across the valuation spectrum.
If you employ a major auction house they will have an art expert a furniture expert and a china or porcelain expert who will charge individually for their skill.
Malcolm is competent in all valuation aspects with one charge that is competitive enough for us to be used by major auction houses on a freelance basis.
Malcolm is often used by clients to view at auction on their behalf to evaluate an item and then report back to its authenticity and value.
Looking for an insurance valuation for your antiques - contact
Tel : 01462 790646 www.antiques-valuations.co.uk