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

Artifactual History Appraisal

When applicable, sales and/or import tax, commissions and/or premiums are included in this amount.” ( Appraising Art: The Definitive Guide to Appraising the Fine and Decorative Arts , 2013, Appraisers Association of America, page 438.) The next level is Fair Market Value.

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A Question of Value: Reasons to Appraise Your Jewelry

Gemology Resources

The appraisal also provides an estimated replacement value for your jewelry, which is the value insurance companies use when providing you with coverage. To get an accurate value for estate planning or tax purposes Fair Market Value is used for estate purpose appraisals. What exactly is Fair Market Value?

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How Do I Get My Art Appraised?

Fine Art Estates

Today, with over 180 members, the ADAA has expanded its appraisal services from donation to also include estate tax, gift tax, and insurance. For instance: Replacement Cost Value is used when a collector needs an appraisal for insurance coverage. The quality of the repair absolutely needs to be taken into consideration.