International Society of Appraisers

MARCH 14, 2025

When determining fair market value, we use the sales comparison approach to analyze comparable sales data (i.e., On the other hand, when determining replacement value, we use the cost approach to analyze comparable cost data (i.e., Replacement value also takes into consideration relevant costs associated with replacement.

Appraiser/appraisal 52

Appraiser/appraisal Market Value Appraisal Reports Hypothetical Condition 52

Antiques Dealer

MARCH 10, 2023

Antiques are objects of significant value due to their age, rarity, and historical importance. The Importance of Antiques Appraisal An antique appraisal is a process of evaluating the worth of an antique item based on its age, rarity, condition, and other factors. Generally, the older the item, the higher the value.

Appraiser/appraisal 40

Appraiser/appraisal Rarity Income Approach Cost Approach 40

Fine Art Estates

JANUARY 7, 2022

An insurance appraisal seeks to provide an estimated cost of what a collector would require to make the collector whole again if their art is ever damaged or stolen. If a work is in pristine condition, especially for its age, it would have a higher value than a work with a lot of craquelure issues or paint loss.

Appraiser/appraisal 130

Appraiser/appraisal Insurance Antiques and Decorative Arts Market Value 130