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

Artifactual History Appraisal

Examples of retail replacement value are the price an art gallery asks for a painting in their inventory, the asking price of a table by a furniture designer, or the manufacturer listed price of a sterling silver serving item. The next level is Fair Market Value. 25% is a common buyer’s premium across the industry.

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Personal Property Estate Appraisal Explained

ValuePros Appraisal Services

What is a Personal Property Estate Appraisal? A personal property estate appraisal is a professional assessment of the value of tangible assets within an estate. This includes items such as furniture, art, collectibles, jewelry, vehicles, and household goods. The IRS requires these standards for Estate Tax filings.