Valuation

Term from Antique Dealing industry explained for recruiters

Valuation is the process of determining the current market worth of antiques, collectibles, and art pieces. It involves carefully examining items, researching their history, checking their condition, and comparing them to similar items that have recently sold. People who do valuations help sellers price their items correctly and help buyers make informed decisions. This skill is essential in antique shops, auction houses, and estate sales. Think of it like being a detective who figures out how much things are worth by looking at clues like age, rarity, condition, and market demand.

Examples in Resumes

Performed over 500 Valuations of Victorian-era furniture and decorative arts

Conducted Valuation assessments for major estate sales and auctions

Led team of specialists in Valuations for insurance purposes

Created detailed Valuation reports for high-value antique collections

Typical job title: "Antique Valuers"

Also try searching for:

Antique Appraiser Art Valuer Collectibles Specialist Valuation Expert Estate Assessor Antique Valuation Specialist Fine Art Appraiser

Example Interview Questions

Senior Level Questions

Q: How do you handle complex valuations involving multiple periods and styles?

Expected Answer: A senior valuer should explain their systematic approach to evaluating mixed collections, discussing how they research different periods, use reference materials, and consult with specialists when needed. They should mention documentation methods and explain how they handle challenging pieces.

Q: Tell me about a time you had to defend a valuation to a skeptical client.

Expected Answer: They should describe their communication skills, ability to explain their reasoning clearly, and how they use market data and research to support their conclusions. Should demonstrate professional judgment and client management skills.

Mid Level Questions

Q: What resources do you use to stay current with market values?

Expected Answer: Should mention auction results databases, price guides, industry publications, and networking with other professionals. Should discuss how they track market trends and price changes.

Q: How do you determine authenticity of pieces?

Expected Answer: Should explain basic authentication methods, including visual inspection, maker's marks, period-appropriate materials and construction methods, and when to consult specialists or use technical analysis.

Junior Level Questions

Q: What factors do you consider when valuing an item?

Expected Answer: Should mention basic factors like condition, age, rarity, maker/artist, provenance, and market demand. Should demonstrate understanding of how these factors affect value.

Q: How do you research an unfamiliar item?

Expected Answer: Should describe basic research methods using reference books, online databases, consulting more experienced colleagues, and checking recent auction results.

Experience Level Indicators

Junior (0-2 years)

  • Basic item identification
  • Understanding of common styles and periods
  • Use of standard reference materials
  • Writing simple valuation reports

Mid (2-5 years)

  • Detailed knowledge of specific collecting areas
  • Market analysis and trend spotting
  • Authentication skills
  • Client relationship management

Senior (5+ years)

  • Expert knowledge across multiple categories
  • Complex valuation assessments
  • Training and mentoring others
  • High-value item specialization

Red Flags to Watch For

  • Unable to explain how they determine values
  • No knowledge of major reference sources or price guides
  • Lack of hands-on experience with antiques
  • Poor understanding of market trends and factors affecting value
  • No familiarity with authentication methods