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Office Hours Information from March 2025

International Society of Appraisers

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.

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How Do I Get My Art Appraised?

Fine Art Estates

For instance: Replacement Cost Value is used when a collector needs an appraisal for insurance coverage. 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.