International Society of Appraisers

MARCH 14, 2025

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.

Appraiser/appraisal 52

Appraiser/appraisal Market Value Appraisal Reports Hypothetical Condition 52

Artifactual History Appraisal

SEPTEMBER 17, 2019

Most people selling items on the secondary market who aren’t professional dealers or without access to the assistance of professional dealers will find it difficult to obtain retail prices in a sale, and can more realistically expect future sale prices to be closer to the Fair Market Value and Liquidation Value levels of the market.

Retail Replacement Value 130

Retail Replacement Value Appraiser/appraisal Appraisal Reports Market Value 130

Drishti LLC Appraisers

APRIL 16, 2021

For example, a client cannot use a restricted appraisal as a basis for a sales price with an auction house or antique dealer. Likewise, it cannot be used for insurance purposes. An insurance appraisal is also used for estate planning purposes, as well as insurance policies and claims.

Appraiser/appraisal 40

Appraiser/appraisal Appraisal Reports Market Value Sales Comparison Approach 40

What Is It Worth?

MARCH 7, 2024

You’ll need a fair market valuation and a suggested asking price. Do you want to include your item on your homeowner’s insurance policy, or do you want to donate it and/or write it off your taxes? Then you’ll need an insurance or replacement valuation. Do you want to sell it?

Appraiser/appraisal 40

Appraiser/appraisal Insurance Market Value Insurance Policy 40