Understanding the Different Levels of Value: It’s Worth What Where and When?
Artifactual History Appraisal
SEPTEMBER 17, 2019
Actual Cash Value is Retail Replacement Value minus depreciation, which can be a deduction made for age, damage, or another factor. Liquidation Value is often used in bankruptcy contexts. All of those costs are factored into retail prices and contribute to their position at the top of the levels of the market.
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