Appraisal License?

PeakRarities

I've done some searching on google which led me to state of Floridia Appraisal Board website, hoever it seems that its focused around real estatae.

Is anyone familiar with an appraisal license in Florida? My goal would be to network with attorneys and estate handlers to be able to appraise coins, jewelry, or other collectibles. I'm not sure if that's a state license, a national license, or no license at all? Im sure someone here might be able to point me in the right direction. Thanks in advance?

PeakRarities

@jmlanzaf - I know you do some appraisals, but I'm not sure if floridas rules are different.

jmlanzaf

@PeakRarities said:
@jmlanzaf - I know you do some appraisals, but I'm not sure if floridas rules are different.

I don't know about Florida. NY has licensing (of course) for estate agents. My appraisals are not licensed in that way. I do them through other dealers.

PeakRarities

@jmlanzaf said:

@PeakRarities said:
@jmlanzaf - I know you do some appraisals, but I'm not sure if floridas rules are different.

I don't know about Florida. NY has licensing (of course) for estate agents. My appraisals are not licensed in that way. I do them through other dealers.

So is there any type of state/gov issued certification or no?

P0CKETCHANGE

I Googled it because I was curious, and ended up here:

https://appraisalfoundation.org/imis/TAF/Standards/Qualification_Criteria/Qualification_Criteria__PP_/TAF/AQB_PPAQC.aspx?hkey=36f481cc-8629-47fa-9584-e2dd7f702e88

https://appraisalfoundation.sharefile.com/share/view/se88e19d655740efb

JCH22

@PeakRarities said:
I've done some searching on google which led me to state of Floridia Appraisal Board website, hoever it seems that its focused around real estatae.

Is anyone familiar with an appraisal license in Florida? My goal would be to network with attorneys and estate handlers to be able to appraise coins, jewelry, or other collectibles. I'm not sure if that's a state license, a national license, or no license at all? Im sure someone here might be able to point me in the right direction. Thanks in advance?

Strictly speaking, no. You are essentially seeking to be an expert for the court.

Most likely need for that would be in probate, divorce, or in cases against an insurance company. Court will look to education, training, publications, experience to determine if you are an expert, and then, how much weight to give your opinion.

Link below is to Florida Bar's list of of Board Certified Estate & Trust Attorneys:
https://www.floridabar.org/directories/find-mbr/?sdx=N&eligible=N&deceased=N&certValue=EP&pageNumber=1&pageSize=10

You may want to see if you can present at a Continuing Legal Education Seminar. Good way to network.

jmlanzaf

@PeakRarities said:

@jmlanzaf said:

@PeakRarities said:
@jmlanzaf - I know you do some appraisals, but I'm not sure if floridas rules are different.

I don't know about Florida. NY has licensing (of course) for estate agents. My appraisals are not licensed in that way. I do them through other dealers.

So is there any type of state/gov issued certification or no?

I double-checked. There isn't a required license to just issue appraisals. The only licenses you would need is if you are also conducting sales. Then, depending on how you are selling, you need an auction license or a "second hand goods license".

The second hand goods license is a real pain, it requires people to hold used goods they buy over the counter for 3 days to 14 days, depending on the jurisdiction. This is a real problem with bullion in the current volatility.

PeakRarities

@JCH22 said:

@PeakRarities said:
I've done some searching on google which led me to state of Floridia Appraisal Board website, hoever it seems that its focused around real estatae.

Is anyone familiar with an appraisal license in Florida? My goal would be to network with attorneys and estate handlers to be able to appraise coins, jewelry, or other collectibles. I'm not sure if that's a state license, a national license, or no license at all? Im sure someone here might be able to point me in the right direction. Thanks in advance?

Strictly speaking, no. You are essentially seeking to be an expert for the court.

Most likely need for that would be in probate, divorce, or in cases against an insurance company. Court will look to education, training, publications, experience to determine if you are an expert, and then, how much weight to give your opinion.

Link below is to Florida Bar's list of of Board Certified Estate & Trust Attorneys:
https://www.floridabar.org/directories/find-mbr/?sdx=N&eligible=N&deceased=N&certValue=EP&pageNumber=1&pageSize=10

You may want to see if you can present at a Continuing Legal Education Seminar. Good way to network.

Thank you 🙏

NJCoin

@jmlanzaf said:

@PeakRarities said:

@jmlanzaf said:

@PeakRarities said:
@jmlanzaf - I know you do some appraisals, but I'm not sure if floridas rules are different.

I don't know about Florida. NY has licensing (of course) for estate agents. My appraisals are not licensed in that way. I do them through other dealers.

So is there any type of state/gov issued certification or no?

I double-checked. There isn't a required license to just issue appraisals. The only licenses you would need is if you are also conducting sales. Then, depending on how you are selling, you need an auction license or a "second hand goods license".

The second hand goods license is a real pain, it requires people to hold used goods they buy over the counter for 3 days to 14 days, depending on the jurisdiction. This is a real problem with bullion in the current volatility.

This ^^^. Bottom line is that real estate is regulated in a way that hobbies such as numismatics simply are not. The big difference with real estate appraisals specifically is that banks rely on them to make lending decisions. With the amount of money involved, they require a certain level of training and third party certification that is simply not required in numismatics.

As a result, just about anyone can call themselves a numismatic appraiser. Actually getting work, however, will require years of experience in the space, which you are presently obtaining, in order to develop the necessary reputation, and then referral business, if appraisals are something you want to get involved in.

Unlike real estate, though, no one outside the business is really in a position to judge your bona fides, so a simple piece of paper accompanied by an annual registration fee is not going to do anything to give anyone comfort that you actually know what you are doing. Consequently, registration or licensing is just not a thing in this space.

Crypto

I have spent many hours behind the desk at an establish B&M. I would say almost every day someone would come in and say can you appraise so and so’s collection. Different levels of course depending if they wanted an offer or something legal in writing and of course in the shop vs outside of it.

It reinforced his old saying B&Ms aren’t or selling they are for buying and getting customers. As in most business, customer acquisition is 90% of the hustle. GL