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Understanding the Difference in Value for Different Jewelry Appraisal Purposes

La Jolla Gem Appraisal

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. Characteristics: Purpose : Ensures that the item can be replaced with a similar one if lost, stolen, or damaged.