Formal Appraisal- A written document on Rue Michelle Antiques stationary.
There are several ‘catagories” of how we determine a price of a item ,below is the explination of how we ‘determine’ a price.
Fair market value— which is generaly what the “going rate” for a item is if you had time to look around
Replacement value— this is a case by case scenario in which a item or items get lost or stolen and the owner needs to replace this item immeadiately, hence therefore he or she has to purchase the item or items on a ‘availability basis” on the current market.
Insurance value—- this is a scenario whereby a item gets broken or damaged or stolen or lost and the client has to buy it at ‘full retail” value.