Fine Wine & Spirits Appraisal Services



Waddington’s has been providing professional appraisal services for over 160 years. Our specialists are internationally recognized as experts in their fields. We create comprehensive written appraisals with objective, justified values that can be prepared to ISA and USPAP standards.

There are many reasons for which you may require an appraisal including:
- Estate Planning and Tax Reporting
- Insurance Coverage or Loss/Damage Claims
- Equitable Distribution
- Charitable Donation
- Donation of Certified Cultural Property
- Bankruptcy, Divorce or Partnership Dissolution

Whether a simple valuation for sale or a complex inventory, we can provide you with the information you need to make informed decisions. We can also provide verbal appraisals when circumstances warrant a more informal, lower cost approach.

Please contact Ellie Muir, member of ISA and USPAP compliant, to discuss your appraisal needs. Appraisals@waddingtons.ca

Note: For Fine Wine & Spirits appraisals, please contact Wine Specialist Stephen Ranger

Our Appraisers

Appraisal Fees

“Walkabout” (verbal appraisal) - $175 (approximately one hour)

Fair Market Value - $300/hour (one hour minimum)

Estate Appraisal - $300/hour (one hour minimum)

Insurance Appraisals - $400 for first hour; $300/hour after that in 1/4 hour increments

Administration - $50/hour

Please note that cancellations made within 24 hours of the appointment are subject to a charge equal to one hour at the hourly rate.

All fees are subject to 13% HST.
Mileage is billed at $0.60/km. There is NO HST charged on mileage.


Estate Planning and Tax Reporting
In the case of an estate, a fair market value appraisal is used for the function of determining estate administration taxes and to assist in the division of property. According to the Canada Revenue Agency the generally accepted meaning for Fair Market Value is “the highest price, expressed in terms of money, that the property would bring in an open and unrestricted market between a willing buyer and a willing seller who are both knowledgeable, informed and prudent, and who are acting independently of each other”.

Insurance Coverage or Loss/Damage Claims
Whether you require an appraisal for insurance coverage, to file a loss claim, or because you are shipping or moving items and it is required by your mover, our insurance appraisals will minimize any risk of you not receiving the full value for your property, yet ensure you aren’t overpaying for coverage.

Charitable Donation
When you donate property to a registered charity, you qualify for a tax credit based on 75% of the fair market value of the property. If the deduction is $1000 or greater, you are required by Revenue Canada to have a fair market value appraisal. Capital gains taxes must be paid on the difference between the fair market value and the price at the time of purchase.

UPCOMING AUCTIONS & EVENTS



Fine Wine Online Auction
May 8 - 16, 2017


This auction will start closing at 6:00 pm on Tuesday, May 16, 2017

Under the authority of the LCBO


Fine Spirits Online Auction
May 8 - 16, 2017


This auction will start closing at 4:00 pm on Tuesday, May 16, 2017

Under the authority of the LCBO


Fine Wine Online Auction
September 11 - 19, 2017


This auction will start closing at 6:00 pm on Tuesday, September 19, 2017

Under the authority of the LCBO


Fine Wine Online Auction
November 20 - 28, 2017


This auction will start closing at 6:00 pm on Tuesday, November 28, 2017

Under the authority of the LCBO