In a recent probate valuation in Farnborough, Berkshire one of our probate valuers discovered an antique 1814 Silver Pocket Watch.
Avery Associates are regularly instructed to carry out probate valuation in Berkshire and it was during the valuation of chattels at the Farnborough property that the rare 1814 John Adamson pocket watch was found inside a biscuit tin along with a number of various watches dating from the 19th century. As well as Farnborough we have also carried out probate valuation in East Ilsley, Enborne, Englefield, Fawley and Frilsham, but it was during the probate valuation of house contents in Farnborough, Berks that the silver fusee was found.The executor was very surprised and had no idea that his father had the valuable watches even though he frequented his fathers home all of his life.
Among other interesting items found was a selection of silk scarves by famous makers such as Hermes, along with some nice leather vintage handbags and designer clothing from the 1960’s. The general contents came to a total value of around £1700 on this occasion, but valuations vary dramatically. It is not uncommon for us to find hidden items of value that family members new nothing about.
With this valuation of £1700 and with the estate subject to IHT this meant an added tax liability of £680. Our RICS probate valuation will ensure that the chattels are not under or overvalued.
To reduce risk and avoid the possibilities of Inheritance Tax Investigation call Avery Associates for an accurate and professional RICS probate valuation in Berkshire – Call 0800 567 7769
