All posts by Forrest Ketner

Why Do I Need an Appraisal on My Taxidermy Mounts?

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The phone rings and the first question is “why do I need an appraisal for my taxidermy mounts“? Answering this question is easy, do you realize what you have invested in your trophies? Do you know the current replacement value of each taxidermy mount? Most hunters have never stopped to actually think about the investment that they have in all their taxidermy mounts. Also they don’t have a list or pictures of each mount.

It is very important to have all your mounts cataloged and multiple photographs of every trophy mount available incase of a disaster. Keeping an electronic copy in the cloud or burnt on a CD in multiple places is and excellent idea. You could also have a bound copy or two at different locations, copies can be printed and bound at most office supply stores.

I would highly suggest getting a certified personal property appraiser to do this all for you, they will provide you an insurance appraisal. This report should include three photographs of every taxidermy mount along with the current replacement values for each trophy. The appraiser should deliver to you at least one printed and bound report and a PDF copy of this report. I would suggest burning the PDF on a number of CDs and file them away at other locations then where your trophies are located.

So the answer to why you need an insurance appraisal for your taxidermy mounts is because you don’t have one and the information is vital to have available. Getting an appraisal is a small investment to cover your large investment. Your appraiser is required to keep on file your information for 5 years, this is another place where there will be a copy of your investment in your taxidermy mounts.

You can search taxidermy appraiser and find a qualified person on the internet, feel free to call them and ask questions.

Taxidermy Appraiser available at http://www.Aunmatched.com and https://www.facebook.com/aunmatched

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My Taxidermy Mounts Are Worth Less Than When I Purchased Them, Maybe Not

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The question came up the other day “I purchased all my taxidermy mounts in the 80s so why do I need an appraisal? All I have to do is add up the receipts to figure out what I can deduct from my taxes.” This statement could be very wrong and cause future problems.

IRS Form 526 states “If you donate taxidermy property to a qualified organization, your deduction is limited to your basis in the property or its fair market value, whichever is less. This applies if you prepared, stuffed, or mounted the property or paid or incurred the cost of preparing, stuffing, or mounting the property. Your basis for this purpose includes only the cost of preparing, stuffing, and mounting the property. Your basis does not include transportation or travel costs”.

IRS Form 526 states original purchase price or fair market value whichever one is less. So you bought your mounts in the 80s, and you figure your receipts will be less. Let’s discuss this, the market was very strong until 2008 following that the market on most luxury or extra items went way down.

Fair market value right now could be lower than the original purchase price. The only way to know is to have your taxidermy mounts appraised and compare the two amounts. Assuming that the original cost was lower could cause trouble without getting a professional personal property appraiser to review your amounts.

There is also the very real possibility that your taxidermy mounts have depreciated mainly due to age and the care they received in the past 30 years. Your taxidermy mounts could have faded, or cracked due to the lack of maintenance that is required for optimum longevity.

So the only way to get the proper answer is to hire a Personal Property Appraiser and have a fair market value appraisal completed before tax time.

You can find more personal property appraisal advice at http://www.aunmatched.com Like us on Facebook athttp://www.facebook.com/aunmatched

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Three Reasons Why You Need a Personal Property Appraiser

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There are many reasons why you will have the need of a Personal Property Appraiser in your life time and this article is going to cover three reasons. An Appraiser can do many things to help in your life. When you are in need of cataloging or placing a value on your many collectables call an appraiser.

One thing is they can help protect your investment in collectables from art to zebra rugs and everything in between, by providing a complete inventory of all your items in question.

Collectables include;

  • Antiques
  • Art work
  • Bronzes
  • Vehicles and Equipment
  • Coins
  • Stamp collections
  • Gun collections
  • Precious Metals
  • Quilts
  • Sport Memorabilia
  • Taxidermy mounts
  • Autographs
  • Etc

Second benefit of hiring a Personal Property Appraiser is they are unbiased and not involved in any disputes of value when it comes to an appraisal. They use recent market activity to figure out the current value that is needed for your collection and provide you with a report. This is very important when it comes to tax donations, IRS requires an appraisal before accepting the donation.

The third reason is they are very helpful is, they catalog your collectables in one report and supply you with their current value. A Personal Property Appraiser should provide you a printed copy and an electronic copy on a PDF for your safe keeping. This is very helpful in times of disaster to refer to, or when there is an inheritance involved and the children want to know what a parent had and its current value.

There are many other reasons you need a Personal Property Appraiser and these reasons will present themselves many times in your life. Feel free to give one a call and discuss your needs with them.

http://www.aunmatched.com Like us on Facebook at http://www.facebook.com/aunmatched

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Buying or Selling Ivory

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Buying or Selling Ivory

So what is the deal with buying or selling ivory? Ivory can be bought and sold if it was collected before 1989.
While doing research for this blog I came across information that the laws
may be changing before you read this blog.
I would highly suggest you do your due diligence if you are thinking of buying
or selling ivory.

Here is a site that will answer your questions of buying or selling ivory.

My opinion on all these laws is if you remove all commercial value of an animal there will be no reason

to raise that animal. Look what happened to the Rhino the one with commercial value is raised and harvested

while the other Rhino without commercial value, its population is declining drastically.

Unmatched Appraisal Services is available for all your appraisal needs feel free to call or email.

Laws Concerning Selling Migratory Birds, and Their Parts

 

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Laws Concerning Selling Migratory Birds, and Their Parts
As appraisers how often have we heard “can I sell this duck mount?”
Being a Taxidermist I have had the occasional call asking if I can mount a hawk or a song bird that flew into a window or a car. After explaining the basics of the law they hang up never to be heard from again.
Here is the answer to that question and maybe some other ones that will pop up regarding song birds, waterfowl and raptors.
Migratory birds cover most any bird including ducks, swans, and loons, crows, woodcocks, snipes, song birds, and Raptors including hawks, eagles, and owls etc…
Initially, an international agreement was signed Aug. 16, 1916, between the United States, Great Britain and Canada, the Treaty needed implementing through legislation. President Woodrow Wilson signed it into law July 3, 1918.

The basics of this Act makes it unlawful to pursue, hunt, kill, capture, possess, buy, sell or barter any migratory bird, migratory bird product or any part of a bird, including their feathers, nests or eggs.
Before the Act many birds were killed only for their fancy feathers to supply the demand for decorative hats for women of the day. Some species of herons and egrets were nearly wiped out as a result of this fad.
This Act had the power to establish no-killing-at-any-time of migratory songbirds and other migratory non-game birds (these would be birds without a hunting season).
The Migratory Bird Treaty Act in 1918 has very precise language and states:
“Unless and except as permitted by regulations made as hereinafter provided, it shall be unlawful at any time, by any means or in any manner, to pursue, hunt, take, capture, kill, attempt to take, capture, or kill, possess, offer for sale, sell, offer to barter, barter, offer to purchase, purchase, deliver for shipment, ship, export, import, cause to be shipped, exported, or imported, deliver for transportation, transport or cause to be transported, carry or cause to be carried, or receive for shipment, transportation, carriage, or export, any migratory bird, any part, nest, or egg of any such bird, or any product, whether or not manufactured, which consists, or is composed in whole or in part, of any such bird or any part, nest or egg.”
For taxidermist a Federal Migratory Bird Taxidermy Permit will authorize taxidermists to mount or otherwise perform taxidermy work on migratory birds, their parts, nests or eggs, belonging to someone else. The conditions of a Federal Taxidermy Permit are very specific. Review Title 50 Parts 10, 13, 20 (subparts A-B, D-J) and 21.24 of the Code of Federal Regulations
Migratory game birds hunted and legally harvested may be mounted for personal use or display purposes only. They may not be mounted for sale. The sale, trade or barter of federally protected migratory birds is a felony, except for some captive-bred birds.

Questions concerning the protection birds should be directed to a local state Conservation Officer or the nearest office of the U.S. Fish and Wildlife Service.

Taxidermy Mount Care

Taxidermy Mount Care

Taxidermy mounts require proper care and cleaning. Here is a picture of a mount that we cleaned last week. We can clean and help preserve your mounts and also make an appraisal for proper insurance coverage or donation valuation.
We also appraise other items that you may need such as
Guns
Antiques
African collectibles
Collectibles
And more…
Give us a call today
570-452-1981
or email us Forrest@aunmatched.com
To find out the proper care of your mounts click http://www.trophyDOC.com