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Determining Fair Market Value Part I

International Society of Appraisers

5/13/2025 12:00:00 AM Determining fair market value (FMV) can be a complex process, as it is highly dependent on the specific facts and circumstances surrounding each appraisal assignment. IRS Publication 561, Determining the Value of Donated Property , is the best starting point for guidance on determining fair market value.

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Part II: Understanding and Determining Fair Market Value in Canadian Appraisals

International Society of Appraisers

5/22/2025 12:00:00 AM Fair market value (FMV) is foundational in Canadian personal property appraisals prepared for charitable donations, estate administration, and cultural property certification applications. This means a consistently achieved market price, not an unusually high one-off sale.

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Insights on Auction Sales: A Transformer and a Stamp Collection

WorthPoint

We thought it would be a great idea for him to select some of his favorite sold items and explain why those sales stood out to him. Take a look at his thoughts on a few of our partners’ recent sales. in value—an average of $57.16 Their sales cover the full spectrum, from $1 treasures to higher-ticket items.

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Why Get a Diamond Appraisal for Your Engagement Ring

GIA 4Cs

The appraisal also records the precious metal used for the setting and the approximate weight and quality of any side stones or melee diamonds that it contains, as well as the quality of the workmanship and overall condition of the ring. The appraisal then states an estimated value. They should never state the value of a diamond.

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Office Hours Information from March 2025

International Society of Appraisers

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.

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Australian Black Opals: Making Waves with Collectors

Invaluable

Black opals need very specific geological conditions to form, which adds to their scarcity. High-Profile to High Prices When the A-listers of the world start to bedeck themselves in a particular stone on the red carpet, a surge in market value follows. Unusual patterns are the name of the game when it comes to market value.

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Sotheby’s Giacometti Bust

WorthPoint

Given this high sale price over ten years ago, all involved parties were confident of a $70 million sale this time around. Furthermore, a quick search of past auction results in a place like WorthPoint’s Price Guide shows the enduring value of Giacometti’s work. How to Value an Object: WorthPoint!