The office will be closed from July 17th through August 23rd. Please see the calendar for the August appointment schedule. Follow us on Facebook to see our Sri Lanka gem safari.

Fair Market Value Appraisals

Fair Market Value as defined by U.S. Treasury regulations is “The price at which the property would change hands between a willing buyer and a willing seller, neither being under and compulsion to buy or sell and both having a reasonable knowledge of the relevant facts”.

The market place in which such property is most commonly transacted is also an important factor when considering Fair Market Value. Auctions are considered an important market place for buying and selling pre owned jewelry and are commonly used as a resource for determining an items FMV.

Fair market value is used in making appraisals for :

• Estate
• Divorce
• Probate
• Donation