Appraisals
Appraisal Services
- Fair Market Evaluation
- IRS Tax Donations
- Estate Management
- Estate Evaluations
- Restoration Disputes
- Pre-Purchase Inspection
- Lease Returns
- Insurance Claims
- Auction Estimates and Management
- Diminished Value Evaluation
- Asset Division for Divorce / Marriage
- Estate Sales
- Estate Disputes
- Restoration Evaluation
- Pre-Purchase Evaluation
- Sales Evaluation
- Insurance Value
- Offsite Out of State Evaluations also available
At Precious Metals, we provide comprehensive, professionally documented vehicle appraisals backed by more than 24 years of hands-on experience in the classic and collector automobile industry. Our expertise extends far beyond standard valuation services. Having restored more than 100 vehicles to concours-level standards—including vehicles shown, judged, and awarded at prestigious events such as Pebble Beach Concours d'Elegance—we bring a level of industry knowledge and real-world market understanding that few appraisers can offer.
An accurate appraisal is one of the most important tools a vehicle owner can possess. Whether for insurance protection, estate planning, legal proceedings, restoration analysis, resale preparation, or diminished value claims, a professionally prepared appraisal provides credible documentation, market-supported valuation, and peace of mind. Our reports are designed not only to establish value, but to clearly explain how and why that value is supported within today's market conditions.
Our experience spans concours restorations, retail vehicle sales, dealership operations, private-party transactions, wholesale auctions, and collector-car market trends. This unique combination allows us to provide clients with a realistic and informed analysis of their vehicle's true market position. Rather than relying solely on generalized pricing guides, we evaluate actual market activity, restoration quality, historical trends, vehicle provenance, condition, rarity, and current demand to determine both market value and realistic obtainable value.
As a licensed California dealer (#58282), Precious Metals has access to nationwide dealer-only sales records and auction results unavailable to many independent appraisers. Combined with more than two decades of proprietary market data, this enables us to produce valuations grounded in verified sales activity and current market realities—not speculation.
All Appraisals are in line with current requirements of Ethics and Standards set forth by agencies such as the USPAP (Uniform Standards of Professional Appraisal Practice) who's Agency practices was adopted by Congress in 1989.
Each appraisal report typically exceeds 20 pages and includes:
- Comprehensive vehicle evaluation
- Detailed condition assessment
- Current market comparables
- Verified sales data
- Restoration analysis
- Fair market and obtainable value estimates
- Photographic documentation
- Supporting commentary and valuation rationale
Every appraisal is prepared in accordance with recognized ethical and professional standards, including the principles established by the Uniform Standards of Professional Appraisal Practice, adopted by Congress in 1989. Our commitment to accuracy, transparency, and professionalism ensures that clients receive a valuation they can confidently present to insurers, attorneys, courts, financial institutions, collectors, and potential buyers.
Fair Market Evaluations:
Our Fair Market Evaluations provide professionally supported assessments of Fair Market Value, Liquidation Value, and, when necessary, hypothetical condition valuations for legal or financial purposes. These appraisals are frequently utilized for:
- Estate management and probate
- IRS charitable donations
- Asset division and divorce proceedings
- Partnership dissolutions
- Personal financial planning
- Insurance coverage verification
- Diminished Value Appraisals
Diminished Value Appraisals
A diminished value appraisal determines the difference in a vehicle's market value immediately before and after an accident or major repair event. These reports are critical for insurance negotiations, resale disputes, and legal claims involving both modern and classic automobiles. In the collector-car market, even properly repaired damage can significantly impact value, making an expert evaluation essential.
Modification & Custom Vehicle Analysis:
Custom and modified vehicles require specialized expertise to accurately assess how alterations affect market desirability and value. As active participants in the retail collector and specialty vehicle market, we evaluate how modifications are perceived within current buyer trends and whether those changes enhance or reduce market value.
Lease Return Evaluations:
Lease return negotiations often favor dealership-generated valuations that may not fully reflect actual market conditions. Our independent evaluations provide clients with documented condition reports, wholesale market comparisons, and realistic dealer acquisition data. This gives clients a stronger negotiating position and helps prevent unnecessary fees or undervalued trade-in offers.
Restoration Value & Project Analysis:
Restoration projects involve substantial financial investment, making professional analysis crucial before, during, and after completion. As an active restoration facility with extensive mechanical and concours-level experience, we assess restoration quality, projected costs, market trends, and final value potential. This service is invaluable for:
- Restoration planning and budgeting
- Legal disputes involving builders or shops
- Insurance documentation
- Pre-purchase project evaluations
- Determining post-restoration market potential
Not every restoration yields the same financial outcome. Our role is to provide honest, knowledgeable guidance based on actual market behavior, helping clients make informed decisions with confidence.
At Precious Metals, our goal is not simply to assign a number to a vehicle—it is to provide a credible, defensible, and thoroughly researched appraisal that reflects the vehicle's true position in today's market. Our reputation has been built on experience, integrity, and a deep understanding of the collector automobile industry, giving our clients the confidence that their appraisal is being performed by a trusted and highly qualified professional.
Fees and Pricing Start at $425.00 Please Call to Discuss Needs and Scheduling
Read some of our Reviews on Google of Happy Clients who have gone through the appraisal process with us!
When my father passed away and left behind a collection of rare exotic cars in his estate we were in need of appraisals. I started calling around and David was the only one who seemed to understand the kind of cars we had. When we spoke on the phone he seemed genuinely excited to see the collection and was able to put together a package deal for the entire collection. I eventually settled on David Young because of his passion and appreciation for the cars not only for the value but the history behind each one. He took extra time to assure his assessments were accurate and true to the current market for which I am very happy. Thank you David and I will recommend you in the future to friends and family.
When my father passed away, David did a written appraisal for my father's 1927 Model T. Since this was for a donation (and at the end of the year), it was important that the appraisal be complete and detailed, as well as done in a timely manner. I am pleased to say that David came through in all respects. I would highly recommend him!
I am only beginning my relationship with David, but so far he has been great to do business with! His thorough appraisal process is evidence of David's vast industry knowledge and attention to detail. I look forward to listing my car and doing future business with a true pro in the classic car industry.
David from precious metals appraisals is a wonderful guy, very knowledgeable, very resourceful and sharing. I really appreciated my time with him. He did a wonderful appraisal on my car and taught me a lot about it. I'm going to spend a lot more time with him. Because he really knows how to treat a person and if you want good business, then this is who you want to talk to, he is great guy. And he's also turned me on to a good classic car insurance company that I was really looking forward to. And like I said there are 1000% the best appraisers. May god bless you David