What’s it worth? Appraiser Darlene Hines knows

Like to watch Antiques Road Show on TV?

Darlene Hines lives it.

The Bloomfield Township businesswoman operates Nostalgia Antique Appraisal Services out of an office at Square Lake Road and Woodward.

But she spends a lot of time appraising collections of furniture, vintage clothing, jewelry, paintings, porcelain, china, African-American art and whatever. “My specialty is antiques and residential contents,” she said.

“Clients call our office for appraisals for insurance, divorces, estates, charitable donations and for value confirmation. I get calls from residents, corporations, attorneys and regular clients.”

What they get is a detailed evaluation of their items that is not quite like what you see on the Antiques Roadshow, although Hines has no quarrel with the show, and even has served as an off-camera appraiser for it.

But for an official appraisal, one that can stand the scrutiny of the courts or – shudder – the IRS, a thorough evaluation is needed. That can result in a 70-page report.

“Every appraisal is like a research paper,” she said. “It’s time consuming.”

And it’s not a job for amateurs. Hines is a certified appraiser with the International Society of Appraisers and served two terms on the ISA board of directors. She is past president and vice president of the Great Lakes Chapter of the ISA.

Along with the Antiques Roadshow she has appeared on the PAX TV show What’s It Worth and published an article in the Journal of Advanced Appraisal Studies, in the ISA newsletter and on its blog and was a guest speaker at the National Auctioneers Conference in Grand Rapids.

She didn’t start out as an appraiser. She and her husband opened an antique store in Brighton in 1995. That led her to become involved with the ISA and gain certification as a professional appraiser.

Gradually, she spent less time at the store and more doing appraisals. “My business grew out of that,” she said.

Professional appraising is a highly specialized field requiring a rigorous training to get certification and continuing education afterward. ISA also has strict ethical standards appraisers must adhere to.

Appraisers must have a thorough understanding of the item and know who to turn to for assistance with items that are not in their specialty. “We piggyback on each others’ skills,” she said.

There are fewer than 200 certified appraisers in ISA in the country, she said. Appraisers produce evaluations that can stand up in court or be accepted by the IRS for charitable tax deductions or used for insurance claims to recover losses.

“I do appraisals all over the country,” Hines said. But the Birmingham-Bloomfield area is particularly fruitful and Hines has worked for many local residents and businesses.

Her most memorable object was also the most emotion stirring one. “A church burned down – except for a crucifix,” she said. “That was the only thing to survive. They called me in. That was touching.”

She can be reached at (248) 454-1062 or (248) 431-4552. Go towww.nostappraisals.com.

First Huron Corp Bank Merging With Talmer Bancorp, Inc.

Talmer Bancorp, Inc., of Troy, expects to close its merger with First of Huron Corp. on Feb. 6.

First of Huron Corp. is a holding company for Signature Bank. It is based in Bad Axe and has eight branches in the Thumb.

"We're going to convert the weekend of Feb. 6," Will Oldford, Talmer Bank and Trust regional president, said. "The signs will change, we'll complete the merger, they will be on the Talmer Bank system that weekend, and that Monday everybody is going to open up Talmer bank."

According to a news release, the merger agreement was approved by First of Huron stockholders in December. Oldford did not know the total acquisition price, but said Talmer paid $25 a share.

"One of our strategic priorities is to continue to acquire other banks," he said.

He said the merger has been approved by the Federal Deposit Insurance Corp., the Federal Reserve and the state of Michigan

First of Huron had Signature Bank branches in Bad Axe, Sandusky, Harbor Beach, Port Hope, Caro, Sebewaing and Frankenmuth.

Oldford said Talmer will consolidate branches in Bad Axe and Sandusky.

"The Signature branch is across the street from a Talmer Bank branch in Sandusky, so we already announced we will be closing the Signature Bank in Sandusky," he said.

There are two Signature Banks in Bad Axe. The company will consolidate the two into a single Talmer Bank branch.

Oldford said all of the Signature Bank branch employees will be retained.

"Signature is a great franchise," he said. "It complements our footprint in the northeast region. The customer loyalty they have shown was the primary driver for this acquisition."

Talmer Bancorp, Inc., is the holding company for Talmer Bank and Trust and Talmer West Bank. The banks operate in Michigan, Ohio, Illinois, Indiana, Maryland and Nevada.