Remove Age Remove Insurance Remove Market Value
article thumbnail

Office Hours Information from March 2025

International Society of Appraisers

Q: In a damage claim, what's the most common marketplace for determining the fair market value of diamond jewelry? Is it the orderly liquidation market, retail market, retail replacement market? The process for determining fair market value for a damage claim would be the same for any other intended use.

article thumbnail

Evaluation to Valuation: Navigating Fine Art Appraisals

Art Appraisal Resources

You will be provided with a comprehensive report including a description of the work, the valuation method used and the final appraised value. Insurance, Damage and Loss Appraisals Insurance appraisals establish the value of artwork for insurance purposes. This value is used for tax deductions.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Understanding the Different Levels of Value: It’s Worth What Where and When?

Artifactual History Appraisal

Without those other two data points of 1) market level and 2) point in time (which is commonly referred to as the “effective date,” meaning the date the appraised value is effective for), any number that is thrown around as a value is essentially meaningless. The next level down of value is Actual Cash Value.

article thumbnail

Replacement Value Appraisal vs. Fair Market Value Appraisal: Understanding the Difference

ValuePros Appraisal Services

When it comes to assessing the value of personal property, two commonly used methods are the Replacement Value Appraisal and the Fair Market Value Appraisal. It takes into account factors such as age, condition, and quality of the item. – Determining the value of items for a potential claim.

article thumbnail

Comparison between Jewelry Appraisal Value and Selling Price: Understanding the Distinctions

Buckhead Jewelry Appraisers

If you are in the market for selling your jewelry, understanding appraisal vs. selling price helps you set realistic expectations about the value of your jewelry or the amount you should be willing to sell it. Conversely, an accurate jewelry appraisal value is necessary for the right insurance coverage.

article thumbnail

What Are the Different Types of Jewelry Appraisals

Buckhead Jewelry Appraisers

Whether it's a family heirloom passed down through generations or a recent acquisition, knowing it's worth not only provides peace of mind but also serves practical purposes such as insurance coverage, resale considerations, and estate planning. This knowledge empowers you to protect and maximize the value of your precious jewelry assets.

article thumbnail

How to Find a Qualified Jewelry Appraiser

Buckhead Jewelry Appraisers

Whether you are looking to sell your jewelry, ascertain the worth of a family heirloom, or seek insurance coverage, the expertise of a qualified jewelry appraiser near me is indispensable. The retail replacement value of your jewelry is higher than its fair market value. What Should a Written Jewelry Appraisal Include?