Lisa Erlandson. Enclosed are some materials to help you set up a successful Quilt Appraisal Day.

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1 Dear Quilt Show Chair, Do your quilters really know what their quilts are worth? A quilt appraisal is an excellent way for them to find out. You can provide this service for your attendees by holding an Appraisal Day at your show. In addition to providing an opportunity for your quilters to have their valuable quilts appraised, we all know what happens when you get quilters into your show! Enclosed are some materials to help you set up a successful Quilt Appraisal Day. An Appraisal Day is a great service to provide to your customers. By having their quilts appraised, your customers can have their quilts insured on their homeowners policy or insure them for shipping and know that they have the correct value. My experience shows that most quilters undervalue their work and when they discover the appraised value of their quilts, they are both surprised and pleased. Appraisals can be done in a variety of locations at your show, a small room off the main show area is perfect just leave room for the appraiser to work! Quilts hanging in the show are also able to be appraised as they hang. Setting up an appraisal day is relatively simple. First, get the word out to the public. Then I do the appraisals. To do the appraisals, I need a table or tables set up to lay the quilts out on; a private area or room for the appraisals and good lighting! Now the details: I charge $35 per quilt and give $5 per quilt back to the show. I provide brochures and materials explaining the appraisal process as well as copy for your guild newsletter. The trick to having a successful turnout for the Appraisal Day is of course: getting the word out! I hope that this gives you something to think about. Very few people have their quilts appraised and insured and we know how much work and effort go into the making of a quilt. An Appraisal Day is something to consider! Let me know if you are interested! Hope to hear from you soon, Appraiser of Quilted Textiles AQS certified

2 Materials Enclosed Why would you be interested in having an Appraisal Day? What you should know about Appraisal Days Handouts (for copies) Appraisal Day checklist Schedule for appraisal appointments Press Release (long) Sample ads Press Release (short)

3 What You Should Know About an Appraisal Day Publicity *The more you publicize, the better your response will be! Start publicizing about 2 months before the event. Put notices in newsletters or ads Put fliers out at the store Provide your local guild and/or newspaper with the enclosed press release Scheduling Use the enclosed scheduling form to make appointments for the appraisals Schedule the appraisals 30 minutes apart Remember to schedule a lunch break for the appraiser! Have someone designated to greet your customers when they arrive The greeter will also be responsible for collecting the money, verifying that the time slot is sufficient (one quilt per time slot), gathering initial appraisal information such as the quilt owner s name, address and phone number on the provided forms. Appraisal Area Designate a separate area for the appraisals. This area should have: Good lighting Enough table space to lay a quilt out flat Privacy The Appraisal Itself A written appraisal sets a value for a quilted textile An appraisal can be given for insurance value, fair market value or donation value Most insurance companies require a written appraisal to establish replacement value An appraisal helps to provide adequate coverage while shipping An appraisal is a meaningful addition to a quilt given as a gift

4 Why would you be interested in having an Appraisal Day? Appraisals can bring in people who would not come to your show otherwise. Appraisals often help quiltmakers appreciate the value of their own work A written appraisal is usually required by insurance companies in case of loss It may be a service your quiltmakers would have a hard time finding outside your show. It is a nice way to say Thank You to your community for their patronage

5 Why should your quilt or quilted garment be appraised? Most insurance policies require an appraisal to list an item as scheduled property. Without insurance, damage or loss to your quilt might not be covered by your insurance policy. Many insurance companies will only reimburse you for the cost of bedcovering (that s a blanket!). In addition to the damage a quilt or wearable art garment might sustain might sustain during its lifetime, these items have become the targets of theft and victims of natural disasters as witnessed by several art quilters in flood and fire areas lately. Many quilts have disappeared while being shipped to shows across the country. Many quilt and wearable art show organizers, gallery owners, shippers, and even some local quilt store owners are now requiring appraisals for quilts or wearable art on display that will meet their insurance requirements while the item is in their care. If you are a quilt owner, collector, dealer, quilt maker, wearable art maker or dealer, one thing you should do is to seek an appraisal from a certified quilt appraiser CR 150 fax Why should your quilt or quilted garment be appraised? Most insurance policies require an appraisal to list an item as scheduled property. Without insurance, damage or loss to your quilt might not be covered by your insurance policy. Many insurance companies will only reimburse you for the cost of bedcovering (that s a blanket!). In addition to the damage a quilt or wearable art garment might sustain might sustain during its lifetime, these items have become the targets of theft and victims of natural disasters as witnessed by several art quilters in flood and fire areas lately. Many quilts have disappeared while being shipped to shows across the country. Many quilt and wearable art show organizers, gallery owners, shippers, and even some local quilt store owners are now requiring appraisals for quilts or wearable art on display that will meet their insurance requirements while the item is in their care. If you are a quilt owner, collector, dealer, quilt maker, wearable art maker or dealer, one thing you should do is to seek an appraisal from a certified quilt appraiser CR 150 fax

6 Appraisal Day Checklist 2 months before the Appraisal Day Begin publicizing the event In local guild newsletters In the local newspaper At Senior Citizen centers, churches, etc anywhere people get together to quilt At your shop In your mailings and ads Decide where in your shop to hold the appraisals. Is the area: Private? Well lit? Large enough to hold tables sufficient to lay a quilt out on? 1 Month before the Appraisal Day Take handouts to local guild meetings Begin scheduling appointments Continue to publicize the event at every possible venue 2 Weeks before the Appraisal Day On Appraisal Day Designate an employee (or volunteer) to act as the Appointment Clerk (duties are explained in the contract) Continue to schedule appointments and publicize the Appraisal Day Have room ready for the appraiser 30 minutes before first appointment Have Appointment Clerk there before first appointment is scheduled Be ready to have customers shop before and after their appraisals!

7 Appraisal Schedule Schedule one (30 minute) time period for each item to be appraised. Payment in advance is required to secure the appointment. Day Date Day Client Name Telephone Number 8:30-9:00 9:00-9:30 9:30-10:00 10:00-10:30 10:30-11:00 11:00-11:30 11:30-12:00 12:00-12:30 12:30-1:00 Lunch 1:00-1:30 1:30-2:00 2:00-2:30 2:30-3:00 3:00-3:30 3:30-4:00 4:00-4:30 4:30-5:00 5:00-5:30

8 Quilt Appraisal Information Owner s Name: Address: Phone: Quilt Name (if known) Quilt Maker (if known) Date Made (if known) Has Quilt won any awards: _ Was quilt made for a special occasion? _ Any other info about quilt or maker_ Quilt Appraisal Information Owner s Name: Address: Phone: Quilt Name (if known) Quilt Maker (if known) Date Made (if known) Has Quilt won any awards: Was quilt made for a special occasion? _ Any other info about quilt or maker_

9 FOR IMMEDIATE RELEASE: CONTACT: (NAME OF QUILT SHOP/GUILD CONTACT) Appraise My Quilt??? What this old thing? Picture this: You have a quilt or quilted garment in the back seat of the car. You are on your way to the post office or the UPS office to ship your quilt to the quilt show in Paducah or Houston or send the newly completed quilt to your daughter for your new grandchild. You stop off for a moment at the grocery store to pick up a roll or tape to close your box and when you return your car has been broken into and the box with your prized quilted item is GONE. OR Typical spring Texas weather: thunderstorms with a tornado watch that has just turned into a tornado warning and the sirens are blaring. Off to the storm cellar Fifteen minutes later you emerge to find your roof damaged by a tree that has fallen on your house and your collection of antique quilts, many of them family heirlooms, soaked and ruining before your eyes. In either case the first thing you think to do is call the insurance agent and report the theft or damage. When he shows up he asks what the items were and their worth, and "Can you prove it?" Without a written appraisal by a qualified appraiser certified in the area of quilts and quilted textiles you have nothing but bedding or fabric. Why do you need a quilt appraised? To establish a replacement value for insurance purposes For protection when the quilt is shipped to quilt shows or individuals To provide value to a quilt show that requires insurance and/or an appraisal for their insurance coverage To determine the value for a donation, gift or estate purposes for the IRS To purchase a "Fine Arts Floater" insurance endorsement to your Homeowners policy A thoughtful addition to a quilt given as a gift To inform your family that Grandmother s quilt is indeed a family heirloom and an item of value But how do you set a value for a quilt? The monetary value of a quilt is based on five different criteria: 1) Condition 2) Age 3) Workmanship 4) Historical Interest and 5)Design Collectors may give added weight to one aspect or another when purchasing a quilt. When collecting it comes down to a matter of personal preference. However, a certified appraiser must take all of these criteria into consideration and consider the quilt objectively. Unfortunately, you cannot appraise for sentimental value.

10 PAGE 2 There are three basic types of appraisals. Insurance Appraisals determine what the replacement value of your quilt or quilted garment is. How much money would it take for you to replace your damaged or lost item with one of the same "of like and kind"? You have a 1920's Double wedding ring quilt made of 9 1" pieces in the arc, quilted very heavily with very small stitches, no staining or tears How much money would you have to have to go out and find another quilt "just like that" or a close as you can get. The appraisal you receive for the insurance company will be a short simple form briefly describing the important features of the quilt. Remember that this is not documentation or condition report, but verification of what the quilt is, and should leave little doubt in the insurance adjuster's mind as to the value for the lost or damaged piece. Fair Market Appraisals are for market value, the dollar amount agreed upon between a willing and knowledgeable buyer and a willing and knowledgeable seller. Fair market appraisal is an opinion of the appraiser based on what the appraiser knows to be current in the market of both new and antique items, auction, gallery and private sales (to the best of their ability) and is not a guarantee of a sales price. This kind of appraisal is what you want if you are considering selling your quilt and want to know what it might be worth. A Tax Donation Appraisal is used to satisfy the IRS as to the value of a quilt that is being donated for any reason, or to establish a value for a family or estate, often after a death. What ever your reason for seeking an appraisal, remember that quilts have become the targets of theft and also victims of fires and floods, hurricanes and tornadoes. Many quilts and quilted garments have disappeared while in route to quilt shows across the country. UPS just recently began requiring a written appraisal to justify insurance coverage while your item is in their care and most quilt shows are required by the venue to acquire appraisals for the items they display to meet the venues insurance requirements. You can have your quilt appraised at an upcoming Appraisal Day that is being offered by (name of shop), located at (address). The appraisals will be conducted by appointment on dates of appraisals from (time beginning) to (ending time). Appraiser, AQS certified quilted textile appraiser and member of the Professional Association of Appraisers of Quilted Textiles, will be appraising. For more information, contact ( name of contact) at (shop). You may also contact also at or via at for more information on appraisals or to schedule an appointment for an appraisal.

11 PAGE 3 If you are an owner, collector, dealer or maker of quilts or quilted garments, you should seek out the services of a certified quilt appraiser. The American Quilter's Society has developed a program that certifies appraisers who have been tested on their knowledge of fabrics, dates, construction techniques, their ability to recognize patterns and regional influences and on their awareness of values in their geographic areas. They have also agreed to abide by a Code of Ethical Practices. You can be confident of the expertise of appraisers certified by the American Quilters Society. Just remember, many quilts are valuable pieces of our family's history and need the protection of a written appraisal in case of loss, theft or damage. Would you want your grandmother's quilt to be valued the same as a blanket from a discount store?

12 Quilted Textile Appraisals In conjunction with the (event or shop name,, an AQS Certified Quilted Textile Appraiser, will be providing written appraisals by appointment only on (event dates) from (event times). Contact (guild contact name), at (contact phone number). Walk-in appointments will be accepted at the (event) if time is available. Appraisals are given for Insurance Value, Fair Market Value or Donation Value. An appraiser since 1996, is a member of the Professional Association of Appraisers of Quilted Textiles. For a private quilted textile appraisal consultation, contact at or. Is your treasured quilt worth more than a blanket from a discount store? Should something happen to your quilt... whether it be theft or damage by natural causes, without a written appraisal the insurance company may value your quilt the same as a blanket from a discount store. In conjunction with (event), AQS Certified Quilted Textile Appraiser will be providing written appraisals by appointment only on (event dates) from (event times). Contact (guild contact name), at (contact s home phone #). Walk in appointments will be available. An appraiser since 1996, Mrs. Erlandson_ is a member of PAAQT For a private quilted textile appraisal, contact at.

13 For Immediate Release For more information, contact _ Just How much is Your Quilt Worth? Just how much is your quilt worth? Have you ever wondered what the value of your quilt is? Most people don t thing about it but most quilts, new or old, in good or better condition, have more value than their owners would have guessed. Why would you want to know what your quilt is worth? If something were to happen to your quilt, most insurance companies would require a written appraisal before they would consider compensating you for the loss. What could happen to your quilt? Water damage, smoke or fire damage, theft of loss during shipping are some of the possibilities. A written appraisal for replacement or insurance value by a certified quilt appraiser can help you and your insurance agent determine the type of coverage needed to protect your quilts. Would you know how much your quilt should be priced if you wanted to sell it? A written appraisal for fair market value can give you the information to make sure that you have the proper knowledge of your quilt s value before you sell it. What if you have a quilt that you would like to donate to a charitable cause? How would you know the donation value? A certified appraiser can also write an appraisal for donation value to make sure your donation meets the IRS requirements. Sometimes the best reason for a certified appraisal is just good old curiosity. You may want to know how much that quilt you made for your husband, child or grandchild is really worth. It is often a good idea to include a written appraisal with a quilt made as a gift just to let the new quilt owner know the true value of what they are receiving. Of course, there are some things that an appraisal cannot put a value on. The tattered quilt that you have had since childhood, made from your family scraps by your great-grandmother, may have so much sentimental value that no dollar amount could be placed on it. The same quilt, when looked at by a trained appraiser, might have very little monetary value. You may wonder if it might not be easier to get on the internet and have an electronic appraisal done of your quilt. They are usually cheaper and require only a photo of the quilt. Before you do this, realize that these eppraisals will not be valid to your insurance company and that without actually examining your quilt, no one can place an appropriate value only a guess. Your best bet to find out what your quilt is worth is to have a certified quilt appraiser examine it. Look for an appraiser that has had appropriate training and is a member of PAAQT the Professional Association of Appraisers of Quilted Textiles. To become a member of PAAQT, the appraiser has been certified by the American Quilters Society, must agree to a strict code of ethics and must continue in research and education concerning quilts, textiles, quilt history and the current quilt market. Name of Appraiser, appraiser of quilted textiles, certified by AQS and member of PAAQT, will be appraising at location on date, from beginning time to ending time. Appraisals will be by appointment with walk-ins accepted only as time allows. Please contact guild or shop contact at phone number for further information.

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