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Indiana Auctioneer Licensure Exam
Questions And Answers 2025 Update.
A composition of copper and silver is identified as which? - Answer✔Pewter
When weighing silver, an ounce is what part of a pound? - Answer✔1/12
18 karat gold jewelry is what percent gold? - Answer✔.75
An alloy of tin, lead and brass or copper is characteristic of? - Answer✔Pewter
The design of a rug from which a weaver works is called? - Answer✔Weft treads
Thread running from the top to bottom of a run is called what? - Answer✔Warp threads
What information is obtained from the tag of an oriental rug? - Answer✔City of origin
A buyer and seller agree on the purchase price of a property with no pressure on either party.
This price is referred to as: - Answer✔Market value
Is the signature of the current owner required in the preparation of a personal property
appraisal? - Answer✔No
Which of the following would be considered a seasonal item when appraising personal
property? Choose the letter.
A. Household items
B. Farm Machinery
C. Horses - Answer✔B
You are appraising a piece of personal property. Which of the following is not factored into the
appraisal? Choose the letter.
A. Condition of the item
B. Age of the item
1
Indiana Auctioneer Licensure Exam
Questions And Answers 2025 Update.
A composition of copper and silver is identified as which? - Answer✔Pewter
When weighing silver, an ounce is what part of a pound? - Answer✔1/12
18 karat gold jewelry is what percent gold? - Answer✔.75
An alloy of tin, lead and brass or copper is characteristic of? - Answer✔Pewter
The design of a rug from which a weaver works is called? - Answer✔Weft treads
Thread running from the top to bottom of a run is called what? - Answer✔Warp threads
What information is obtained from the tag of an oriental rug? - Answer✔City of origin
A buyer and seller agree on the purchase price of a property with no pressure on either party.
This price is referred to as: - Answer✔Market value
Is the signature of the current owner required in the preparation of a personal property
appraisal? - Answer✔No
Which of the following would be considered a seasonal item when appraising personal
property? Choose the letter.
A. Household items
B. Farm Machinery
C. Horses - Answer✔B
You are appraising a piece of personal property. Which of the following is not factored into the
appraisal? Choose the letter.
A. Condition of the item
B. Age of the item
1
