Fair Market Value / Estate Appraisals:
Fair Market or Estate Appraisal is an appropriate choice for estate-evaluation purposes or can be used to assist in dissolution of marriage.
By definition according to an excerpt from the US Treasury:
“The fair market value is the price at which the property would change hands between a willing buyer and a willing seller, neither being under any compulsion to buy or to sell and both having reasonable knowledge of the relevant facts”
The methods and work involved before completing ‘fair market’ pricing is still very involved. Your jewelry appraisal will document metal content, stone measurements, clarity and color. Professional photographs will be taken. The estimated fair market value assigned to any item will be thoroughly and accurately researched. This appraisal will validate the existence and condition of your jewelry, and will assist when contemplating a fair price to sell or for estate evaluation.