Insurance replacement purposes – Protect your valuable liquid assets by knowing the replacement costs of your collection should they be exposed to peril. Our Senior Appraiser has decades of valuation expertise and has worked for many of the leading banks, insurance companies and institutions.
Estate planning and probate purposes – Knowing the value of the wine in your estate will provide your executor and beneficiaries with the information they will need to fulfil your plans for your collection and will expedite the probate of your will. Knowing the marketable cash value may also provide you with tangible tax benefits as you plan your estate.
Fair market value for donation purposes – If you are considering donating all or part of your collection to a charitable organization or auction, it is imperative that a professional appraisal be conducted to be in compliance with the Canada Revenue Agency.
Divorce and other family division purposes – If you are required to sell your collection to fairly and equitably divide an asset in the event of divorce, an appraisal for fair market value or marketable cash value provides you with the objective and impartial knowledge to do so in a way that avoids potential conflicts.
Auction purposes – Over the course of just a year, Iron Gate has emerged as a market leader in the fine wine and spirits auction industry. Let us provide you with up-to-the-minute auction valuations for all or part of your collection.
Rates – Iron Gate Auctions appraisal rates are based on client needs and are highly competitive.