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

Artifactual History Appraisal

All appraisal reports written in compliance with the Uniform Standards of Professional Appraisal Practice (USPAP) have to include identification of the level of the market the appraised values are set in and the effective date of the valuation. The next level down of value is Actual Cash Value.

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How to Find a Qualified Jewelry Appraiser

Buckhead Jewelry Appraisers

It considers the type of metal, gemstones, origin, craftsmanship, and condition of your jewelry. There are several types of jewelry appraisal, each serving a different purpose: Replacement Value Appraisal This type of appraisal is done for insurance purposes.

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Selling Your Jewellery

Imperial Gem Lab

ASA-accredited appraisers provide exceptional valuation expertise as they earn their designations only after completing a rigorous course structure and peer-evaluation process that requires years of study, experience, dedication and commitment. Two basic methods for determining jewelry value are the cost method and the comparison method.

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Insurance: Protecting Your Collection

Art Peritus

For instance, a wine collection may have a specialized policy that covers breakage, damage caused by climate control failure, or damage to the label alone (label condition often has a substantial effect on value). Many fine art policies will even cover market fluctuations, protecting collectors up to 150% of the scheduled value.

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Jewelry Appraisal Guide: Understand & Find Jewelry Appraisers

Invaluable

Common types of appraisals include: Insurance Appraisals / Retail Replacement Value Appraisals Estate Appraisals Charitable Donation Appraisals Fair Market Value Appraisals / Financial Planning Antique Gold and Blue Enamel Bracelet , France. Sold for $2,500 via Doyle New York (February 2020).

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Understanding the Difference in Value for Different Jewelry Appraisal Purposes

La Jolla Gem Appraisal

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. Characteristics: Purpose : Ensures that the item can be replaced with a similar one if lost, stolen, or damaged.