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Q: In a damageclaim, 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? In a damageclaim, it is important to ask your client if there is a specific definition of fair market value you should use.
It’s crucial to have an accurate understanding of their replacement cost, especially when it comes to insurance purposes. In this blog entry, we’ll discuss whether a person should get their antiques appraised for insurance purposes.
As you might imagine, this small percentage of the population makes up a considerable proportion of our clientele at Signet Art ; we work with individuals, museums, attorneys, shipping companies, insurance carriers and adjusters. From that lofty position, she helps HNWIs look at the safety of their collections and insurance needs.
If you have family sterling silver flatware and the space to take it in your car, this is a smart category of antique to bring with you as it also functions as a liquid asset. If your house burns down/floods/is destroyed by a tornado, what financial compensation would you receive from your insurance company?
We also provide appraisals for insurance replacement, damageclaim settlement, estate division and Trust matters, divorce and court-ordered equitable distribution, tax-deductible charitable donations, determination of federal estate & gift tax liability, asset liquidation, and expert witness testimony.
We also provide appraisals for insurance replacement, damageclaim settlement, estate division and Trust matters, divorce and court-ordered equitable distribution, tax-deductible charitable donations, determination of federal estate & gift tax liability, asset liquidation, and expert witness testimony.
We also provide appraisals for insurance replacement, damageclaim settlement, estate division and Trust matters, divorce and court-ordered equitable distribution, tax-deductible charitable donations, determination of federal estate & gift tax liability, asset liquidation, and expert witness testimony.
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