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Replacement Value Appraisals

St Louis Jewelry Appraisals

A replacement value appraisal is an estimate to establish the current replacement value of the appraised jewelry. Replacement value is defined as the cost necessary to replace an item with a comparable item of like kind, quality, and similar utility at current prices to the item being appraised. Unless otherwise noted, this definition assumes that the item being appraised cannot be substituted new with an exact duplicate. This type of appraisal is often used for insurance purposes.

St Louis Jewelry Appraisals

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