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

Artifactual History Appraisal

Based on this, the same exact object can have multiple values on the same day, depending on what level of the market one is evaluating. In my firm’s appraisal assignments, I’ve found that Retail Replacement Value is the main level of value used in fine art and antique insurance coverage.

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What You Need to Know When Hiring a Personal Property Appraiser

Anubis Appraisal and Estate Services

Reasons of valuations for tangible property can include estate and probate purposes, equitable distribution, insurance coverage, charitable donations, dissolution of marriage, and bankruptcy. Appraisal methodology is determined with the purpose of the appraisal, different appraisal purposes will have different types of values.

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What Kind of Appraisal?

Drishti LLC Appraisers

For example, a client cannot use a restricted appraisal as a basis for a sales price with an auction house or antique dealer. FAIR MARKET VALUE VS. MARKET VALUE In the situation of an estate distribution, the appraisal report is written to determine Fair Market Value, which is slightly different from Market Value.

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How to Appraise Your Jewelry: A Comprehensive Guide

La Jolla Gem Appraisal

Fair Market Value and Marketable Cash Value: Assesses the value of jewelry for resale, estate planning, inheritance, or tax purposes based on current market trends and comparable sales. It's crucial for insurance scheduling, ensuring adequate coverage in case of loss or damage.

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Understanding the Difference in Value for Different Jewelry Appraisal Purposes

La Jolla Gem Appraisal

Each type of value serves a specific need, and understanding these distinctions is essential for making informed decisions. Here, I’ll explain the four main types of value in jewelry appraisal— Retail Replacement Value , Fair Market Value , Marketable Cash Value , and Liquidation Value —and when each is used.

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How to Know When You Need an Appraisal

JSK Fine Art Appraisals

An art appraisal is a professional assessment of an artworks value based on factors such as the artist, condition, provenance, and current market trends. As an appraiser, my role is to provide an unbiased, well-researched valuation tailored to your specific needs, whether for insurance, estate planning, donation, or sale.