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

Artifactual History Appraisal

You may also see this level of the market described as “replacement cost,” which is a term used by the International Society of Appraisers. All of those costs are factored into retail prices and contribute to their position at the top of the levels of the market. The next level down of value is Actual Cash Value.

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How to Find a Qualified Jewelry Appraiser

Buckhead Jewelry Appraisers

There are several types of jewelry appraisal, each serving a different purpose: Replacement Value Appraisal This type of appraisal is done for insurance purposes. The value of your jewelry determined by jewelry appraisal is the retail replacement value or the amount it would cost to replace your item in cases of loss, theft, or damage.

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Selling Your Jewellery

Imperial Gem Lab

How jewelry is valued While the majority of the appraisals we do are for insurance purposes (Retail Replacement Value), a Fair Market Valuation (FMV) is more appropriate when it comes to determining what you might expect to sell your jewelry for.

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The Essential Guide to Jewelry Appraisal and Insurance

Buckhead Jewelry Appraisers

Jewelry’s retail replacement value or appraised value (the cost to replace your jewelry if it is lost, stolen, or damaged) An accurate and detailed jewelry appraisal for insurance is crucial for accurate insurance coverage.

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Insurance: Protecting Your Collection

Art Peritus

Insurers typically base their premiums and payouts upon several factors: Purchase price: As mentioned above, this is often the most provable value, even if it is not an accurate reflection of value Current Market Value: The most probable price which an object should bring in a competitive and open market (e.g.

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Jewelry Appraisal Guide: Understand & Find Jewelry Appraisers

Invaluable

Common types of appraisals include: Insurance Appraisals / Retail Replacement Value Appraisals Estate Appraisals Charitable Donation Appraisals Fair Market Value Appraisals / Financial Planning Antique Gold and Blue Enamel Bracelet , France. Sold for $2,500 via Doyle New York (February 2020).

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Understanding the Difference in Value for Different Jewelry Appraisal Purposes

La Jolla Gem Appraisal

Each type of value serves a specific need, and understanding these distinctions is essential for making informed decisions. Here, I’ll explain the four main types of value in jewelry appraisal— Retail Replacement Value , Fair Market Value , Marketable Cash Value , and Liquidation Value —and when each is used.