We’re always surprised when we ask someone with beautiful rustic quilts whether they have had a quilt appraisal done and they’ve never even heard of such a thing. The fact is, many quilts are quite valuable, and there are several good reasons to consider having a qualified professional appraiser give you a quilt appraisal.
The main reason many people have a quilt appraisal done is to establish the value for insurance purposes. For many of us who have received rustic quilts which have been handed down over the generations, no amount of market value could describe the real value these precious heirlooms have to us. In addition to being ties to our family history and their historic value, they are valuable to us for entirely personal reasons.
Of course, such items are irreplaceable. Even still, many rustic quilts, and especially older ones if they are in good condition, have a high market value which is worth insuring. Without a quilt appraisal, most insurance companies will only compensate you for the cost of the materials in your rustic quilts, should they become damaged. Obviously, the materials aren’t worth anything near what even a brand new rustic quilt is worth, much less an antique.
It’s also important to have a quilt appraisal performed if you plan to sell or donate your rustic quilts. Knowing what your quilt is worth can help you establish a price with a potential buyer. It can also help ensure that you get full credit for tax purposes if you give your quilt away as a charitable gift.
If you do decide to have a quilt appraisal on your rustic quilts, make sure to have a certified appraiser do the appraising. The most common certifying body for quilts is the AQS. An AQS certified appraiser can give you an accurate value for your old or new rustic quilts based on current market trends and a general knowledge of quilts and the history of rustic quilts.