Speaker(s): Noelle Valentino, Department Manager and Morgana Blackwelder, Senior Vice President.
Both are from John Moran Auctioneers‘ Trusts and Estates Department and lead personal property appraisals.
Title: Gardeners, Gifts and Garbage
This presentation highlights rediscovered artwork and decorative objects found in rather unlikely places. The underlying message: when attorneys, fiduciaries, estate custodians or owners fall prey to bias or fail to recognize the merit of an object, it could end up discarded, abandoned or misidentified. This talk focuses on a selection of notable pieces sold at auction that were almost lost to time: an oil painting left in the garage for the gardener to take, a half-burnt masterwork found in an unpaid storage unit, a seemingly nondescript vase picked up at a yard sale, and a remarkable silver bowl placed in a donation pile. Part provocative and cautionary tale and part reaffirmation of best practices for estate planning professionals, this presentation will also weave in pertinent information about personal property appraisals, such as when and how they should be done and why they are a crucial aspect of the estate settlement process.
After attending the session participants should be able to…
- Gain a deeper understanding of the surprising range of household objects that can potentially possess value to collectors and recognize the pitfalls of bias.
- Learn about the array of resources, venues for selling and art experts to consult when overseeing the contents of an estate.
- Discover best practices for aiding a client in the safekeeping, inventorying, appraisal or sale of a valuable collection