Personal Properties are assets for personal use, such as: watches, jewellery, books, crockery, coins, stamps, instruments, etc… .

Personal property appraisals are used for purchase and sale transactions, inheritances, taxation, disputes, and insurance.

The evaluation of these assets requires inspections, when their specific characteristics are collected, such as: age, weight, measurements, shape, colours, inscriptions, brands, title, manufacturer, physical conditions, flaws, etc… .

Market research is carried out in books, publications, websites, galleries, specialists and databases, when the values and characteristics of the assets sold and offered are collected.

Valuation calculations include statistical inference, cash flow, and cost analysis to define market value.

Mynarski, guaranteed appraisal.