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    WELCOME TO THE NEWS PAGE AT ESSEX ESTATE SERVICES.

    buy modafinil vancouver The intent of this page is to inform and educate Limpio you about interesting situations, unusual items, and news-worthy events that may affect you when the time comes to liquidate your personal property. Visit us frequently for updated, timely information, tips and suggestions, and links to resources about personal property liquidation and appraisals.

    Let us know if there is a topic you would like to hear about.

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    This first article provides insight about how people tend to value their possessions.

    Baby, it’s cold outside!

    Posted on January 6, 2014 by essexword in Antiques & Collectibles, Estate Liquidations

    Today’s record cold temperatures across most of the nation sparked our recollections of how people stayed warm during winter cold spells before the invention of super insulation for homes and high efficiency furnaces. “Pot Belly” small cast iron stoves were often placed in rooms as a source of heat and as a warming surface for […]

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    Pantone Color of the Year

    Posted on January 4, 2014 by essexword in Jewelry, Uncategorized

    The Pantone Color Institute, Carlstadt, N.J., has been the global color authority and provider of professional color standards for the design industries for more than 50 years. Pantone charts future color direction and studies how color influences human thought processes, emotions and physical reactions. For the past 14 years, Pantone’s Color of the Year has […]

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    Preserving Your Sentimental Assets

    Posted on December 25, 2013 by essexword in Estate Liquidations

    This post summarizes a Wall Street Journal article, December 15, 2012, by Andrea Coombes. The Wall Street Journal reported recently that baby boomers and elder Americans say personal keepsakes, family stories and last wishes are more important to their legacy than money. Most baby boomers (86%) and Americans aged 72 and older (74%) said family […]

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    Recut Diamonds to Increase Their Value

    Posted on December 22, 2013 by essexword in Jewelry

    Problem: I recently appraised a ring containing two old European cut round diamonds from the early 1900s, a .87 ct and a .56 ct. Both were so severely chipped they were deemed uninsurable by the insurance provider. The client asked, “What can I do with these?” Solution: We recut both diamonds into modern brilliant cut […]

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    Expect the Unexpected When Liquidating

    Posted on December 21, 2013 by essexword in Estate Liquidations

    Talk about a coincidence. We sold a small desk yesterday to a couple to use as a homework desk for their young son. They had traveled about 60 miles in the freezing rain from NW Indiana to pick it up.  Several hours later I received a phone call from the father. As they were unloading the desk […]

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    The Endowment Effect

    Posted on November 24, 2013 by essexword in Uncategorized

    THE ENDOWMENT EFFECT Researchers from the University of Pennsylvania, Yale and U.C. San Diego have recently documented a behavioral bias that we observe frequently in the property liquidation industry. The perception of an item’s value increases from the mere basis of owning it. This is known as the “Endowment Effect.” Historical economic theory proposes that […]

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    Contact: Richard J. Meliska, Principal, ISA-AM | Merrill J. Essex, Principal, GIA GG, Certified Master Appraiser (NAJA) | 847-869-3310

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