Appraisals
LaBelle is your first and only choice for fur appraisals. Any fur item you have, whether it is a coat, jacket, or stole is important. These items are valuable to your sense of style and represent your bold personality. Your fur makes a statement whenever you walk into the room. An item this important should have protection.
Like you protect the value of your home or car, fur should be appraised to determine the correct value amount.
There are several reasons to get your fur appraised. One of the most popular reasons to get a fur appraisal is for insurance purposes. Like car and home insurance, your fur item should have the right type of coverage. Too many fur owners leave their furs uninsured or under-insured. No one likes to think about accident or theft, but it can happen.
For a nominal fee, LaBelle can thoroughly inspect, prepare, and issue an official written appraisal. This is an important addition to your existing homeowner’s or renter’s insurance. Without this document, your insurance policy may not adequately reimburse you for your garment’s value.
Is your fur dated or do you wear your other furs more often? Getting an appraisal for your old fur is beneficial if you plan on selling. An official appraisal legitimizes your position as a seller. Say goodbye to endless back and forth negotiations and hello to a quick and easy sell.
If you’re selling your garment online, send a copy of your appraisal to your potential buyer through fax or email. If you’re selling your coat through a consignment, having an appraisal should speed up the purchasing process since the value has been established.
Two other reasons to get a fur appraisal are estate planning and charitable donations. It is never too early to start planning for the future. If you would like a family member or friend to inherit your fur, also give them an official appraisal so they know the brand and type of fur.
Some of our clients also donate their furs if they no longer need them or have purchased new furs. Call your local thrift store to make sure they take fur donations. When you bring your fur, be sure to ask for a donation receipt. This is important if you want to claim your donation on your tax filings.
What is Your Fur Worth?
The value of fur depends on several factors:
- Type of fur
- Brand
- Style
- Length
- Quality
Current Condition
Your fur’s condition is one of the most important deciding factors on its value. If your fur is older, yet has been properly cared for over the years, it can bring in more value than a newer coat that has not been maintained. To maintain your fur, make sure to have it professionally cleaned yearly, stored properly in the off seasons, and have any necessary repairs completed immediately. Following these steps will help increase your fur’s appraisal value.
LaBelle also appraises fur-trimmed items, shearlings, leathers, and other fine garments. We are happy to appraise items purchased from other furriers as well. We know your fur is valuable so we recommend all fur owners to get an appraisal for insurance, resell, estate planning, or charitable donations. Your fur is important to us so we strive to offer the best in fur appraisals.