Understanding the Different Levels of Value: It’s Worth What Where and When?
Artifactual History Appraisal
SEPTEMBER 17, 2019
In my firm’s appraisal assignments, I’ve found that Retail Replacement Value is the main level of value used in fine art and antique insurance coverage. Fair Market Value is also frequently encountered in equitable distribution and family distribution appraisal reports. The next level is Fair Market Value.
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