The idea of placing a value to the objects we own is a fascinating idea. The things we own such as rugs, art, furniture, antique books and objects that are antique may be dear to us because of who gave them to us or how we purchased them. Woven treasures such as rugs, tapestries, textiles or art by a known artist are typically investment pieces to the experienced connoisseur.
In fact the higher priced these items become, the act of appraising becomes an art. How they are classified creates a range of values due to the the uniqueness, age, popularity and condition. Documents are usually generated to help determining home owners insurance for example, after the fact of a catastrophe, or in the moment of moving or selling.
Some of the factors which are considered are the relative buying and selling price, supply and demand and the elusive artistic value. Most everyday household items have a common street value, things of beauty are typically collected and coveted by those who appreciate art, and thus makes it imperative that the value be discovered and shared.