International Society of Appraisers

MARCH 14, 2025

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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Penrose Appraisals

MARCH 14, 2024

Similarly, an artist who has recently passed away may see a surge in interest and therefore value. Market research. It is only after learning about and considering all of these things that an appraiser can then turn to the market to make a determination of value.

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Penrose Appraisals

DECEMBER 12, 2024

Also in February, I appraised a collection of guitars for purposes of buying insurance. It's important to realize that your homeowners' insurance does not automatically cover items of unusual value such as antiques and collectibles. These appraisals are key to making sure you and your insurer are on the same page.

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