“Precious” or “semi-precious”, what gives a gemstone value? The greatest contributors to a gemstone’s value are its beauty, rarity and desirability, according to the Gemological Institute of America, (GIA), the most highly regarded source of education in the gem industry. It has been a misnomer for many years to segregate gemstones according to the terms […]
View PostWELCOME TO THE NEWS PAGE AT ESSEX ESTATE SERVICES.
The intent of this page is to inform and educate 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.
This first article provides insight about how people tend to value their possessions.
The Value of Shopping at Auction
The holiday shopping season is upon us and we are all looking for values wherever we shop. Retail stores hold a variety of sales throughout the season, from Black Friday doorbusters to cyber Monday or cyber Week deals to special discounts throughout the season. These creative ploys attempt to lure the customer by leading […]
View PostEssex Estate Services Ltd. to present “What’s It Worth” appraisal event at the Brookdale Plaza, Hawthorn Lakes
Merrill Essex and Richard Meliska will be valuing vintage and antiques items at the “What’s It Worth” appraisal event hosted by the Brookdale Plaza this coming Wednesday, October 8, 2014. The event will be held at the Brookdale Plaza, Hawthorn Lakes, 10 E Hawthorn Pkwy, Vernon Hills, IL 60061 at 2pm. This will be a […]
View PostWhy the Market for Heirloom and Secondhand Furniture Has Disappeared
This WSJ article describes what we face everyday when we try to inform our clients about the value of the furniture in an estate or when downsizing. http://online.wsj.com/articles/why-the-market-for-heirloom-and-secondhand-furniture-has-disappeared-1404256129 Fortunately, we are able to overcome some of these obstacles because we can Store items and post on Craigslist Sell to the local college community (Northwestern, Loyola, […]
View PostWhere is the best place to sell your personal property items?
Bankrate.com just published an article discussing the best venues to sell various types of personal property, both online and off-line. This article was in direct response to the question: “Is a house sale or garage sale or estate sale the best place to sell personal possessions?” The answer to the question is a resounding “NO!” […]
View Post attornet, auction, ebay, estate sale, etsy, executor, fair market value, garage sale, live auctioneers, trust officer, worthpointWhat To Do with a Found Diamond
My client came to me with a 1.5 ct diamond in an earring she found in the bathroom at an amusement park. She had tried to find the original owner to no avail. Her search for the value of the stone took her to Jewelers Row in Chicago, where one dealer gave her an offer. […]
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