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A collection of unbranded jewelry that has no celebrity provenance may sell at a local or regional auction house. When determining fair market value, we use the sales comparison approach to analyze comparable sales data (i.e., Replacement value also takes into consideration relevant costs associated with replacement.
The long-term ramifications to museums’ ability to build their collections through gifting was obvious, without this incentive, few collectors would opt to donate or bequeath their collections. Many of these sites have been collecting data since the late 1980’s. An attorney/collector named Ralph F.
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