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.

Appraiser/appraisal 52

Appraiser/appraisal Market Value Appraisal Reports Hypothetical Condition 52

Penrose Appraisals

MARCH 14, 2024

Also, it can sometimes uncover particularly interesting details about the item's provenance. Provenance refers to the previous owners of the item. Similarly, an artist who has recently passed away may see a surge in interest and therefore value. Market research.

Appraiser/appraisal 98

Appraiser/appraisal Maker/Artist Equitable Distribution Identification 98

ValuePros Appraisal Services

APRIL 9, 2025

Fair Distribution of Assets: When dividing an estate among beneficiaries, an appraisal provides an objective basis for determining the value of each item. Sale of Assets: If the estate needs to sell personal property, an appraisal provides a realistic market value, helping to determine a fair selling price.

Appraiser/appraisal 52

Appraiser/appraisal Estate Tax Appraisal Reports Appraisal Process 52