Written Coin Appraisal - Per Hour
There are three basic types of appraisals. Each serves a different purpose and provides a different estimate of an item’s value. It is important to determine which type of appraisal will best meet your needs. *Replacement Cost Appraisal (RCA) provides an estimate of the cost to replace an item with a new one of comparable look and quality. Replacement Cost Appraisals are most often used to determine an appropriate amount of insurance coverage. It is important that the RCA provide an accurate estimate of an item’s replacement cost. If the replacement cost is over-stated, your items could be over-insured and you will pay higher premiums than necessary. If a piece is lost or stolen, the insurance company often only reimburses you for the item’s estimated replacement cost, not necessarily the full insured amount. *Fair-Market Value Appraisal (FMVA) is most often used for tax, trust, estate or loan purposes. The FMVA provides an estimate of the likely selling price of an item if it is sold