Services
Kudzu Minerals provides appraisal services for as few a single mineral specimen to very large collections. We understand the unique requirements of IRS fair-market value appraisals for donated property and will meet or exceed your appraisal expectations.

Types
• Insurance coverage or insured losses - Replacement cost appraisals
• Charitable Donations - Fair-market value appraisals following IRS regulations
• Asset Distributions and Divorce - Fair-market value appraisals
• Resale - Wholesale and/or retail value appraisals

Appraisal Fees  
We charge a one-time fee of $145 per day for a visit to your site to examine and describe your collection.
A written proposal will then be submitted for your approval for the services required for your type of appraisal.
We will not begin the actual appraisal until a written agreement has been signed by the owner and the appraiser. A good faith deposit may be required.

IRS Requirements
The Tax Code requires certified appraisals meeting very specific legal requirements for Donations of property. The IRS's specific appraisal requirements for Donations of personal property are detailed below.

Donations
If you make a donation to a tax-exempt organization, you may claim a deduction for the fair-market value of the item or group of items. If the fair-market value exceeds $5,000 you must get a certified appraisal of the donated property from a qualified appraiser. Our certified appraisal report, accompanied by a signed copy of IRS form 8283, will meet all IRS requirements for determining fair-market value of your donation. Although appraisals are required for donations exceeding $5,000, it often makes sense to get an appraisal for lesser valued donations, as this will support your claim of value should you be audited.

• $500 and less
The IRS does not require form 8283 if your claimed total charitable deduction does not exceed $500.

• $501 to $5,000
IRS form 8283 must be filed, on which you must report the fair-market value and how it was determined.  You should consider an appraisal if you are not certain the IRS will accept how you determined the fair-market value.

• $5,001 to $20,000
IRS requires form 8283 be attached to your income tax return, and signed by both the appraiser and the charitable institution that received your donation.  A certified appraisal meeting all the IRS requirements is mandatory, and must be kept with your tax records.

• $20,000 and above
IRS form 8283 must be attached to your income tax return, and signed by both the appraiser and the charitable institution that received your donation.  A certified appraisal meeting all the IRS requirements is mandatory.  You must also attach a copy of the appraisal to your tax return.