"Appraisals", done correctly, are a bit of work. When I received the knife I have to verify everything about it. Is the knife correct? How old is it? What's it's condition? What are the options? How about the sheath? Is it correct for the knife? (You'd be amazed at how many aren't) Stone?
Don't get an appraisal confused with an authentication. Either way, the package is photographed and one is provided to the owner, but an authentication means more research (in some cases) and consultation with others at times. I know that Joe has to drive to the Randall shop, now & then, to pow-wow with GTR, concerning certain knives.
I am at the Randall shop several times per month (twice this week). I include any "questions, etc." to be considered in these sojourns. After "all of the above" I am now ready to "appraise". At times, considering a knife in new condition (with all of the correct collateral equipment), is a fairly easy process. I go through my dealer price list and add up the options to conclude the actual pricing and worth of the knife.
If the knife is older the process is not quite so easy. Checking for "like product" can be laborious and time-consuming. Ebay gives me guidelines..."BUT"...I can often fetch much more for a certain knife than "The Bay"! Statements made earlier here, regarding Ebay (and it's customer base) "setting" the price are just, plain not correct!
I have members of the RKCC who do not own a computer...and they are just as passionate as the geeks! I can sell "many" vintage Randalls..."with a phone call"! How's that for a novel idea? Speaking with a customer and selling something by "actually" knowing their name and, through mutual trust, working out the details!
Appraisals are not always done so that someone can sell a Randall knife. Insurance companies (as Ronnie can tell you) want proof of value for claims. Many of my appraisals are for that purpose.
After all of the above, I package and send the knife back, including the appraisal (on my letterhead) and the photo of the actual knife/sheath combo. I did one recently. The customer was pleased with the service and the $50.00 charge for that service. He actually called me and told me that he had been on Ebay and found no example of his knife fetching "near" that price! Long story short: He sent the knife back to me. I sold the knife and, even after the agreed commission was deducted from the selling price, he received $200.00 more than he thought he would be able to get!
OK: I'm done. The point is that "proper" appraisals are, many times, worth the money. I, like Joe, have a lot on my plate...as many of you know. I drive a lot of miles, each and every year, for all things Randall. I love my job..."but"...cannot do it for free. I do it well, most of the time, and can't imagine doing anything else.
Stay sharp, Capt. Chris