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Q: In a damageclaim, what's the most common marketplace for determining the fair market value of diamond jewelry? In a damageclaim, it is important to ask your client if there is a specific definition of fair market value you should use. In damage loss claims these can often be broad.
Pro: Current market value can provide assurance in the event that artworks increase in value due to market conditions, for example, driven by popularity of an artist or genre, death of an artist, etc. Depending on the damage, it may not be desirable to file a claim. Valuation is current market value. Louis, Missouri.
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