How Do You Find The Value Of An Antique Table?
Perhaps you have a special piece of old furniture that has been handed down through the family or even something you bought for a few dollars at a yard sale but love like an old friend. While the sentimental value of such a piece might be priceless, it’s only natural to be curious about the its actual monetary value. There are many reliable ways to find the value of an antique table even if you are inexperienced in the world of antique appraisals. Be clear about which value you are interested in learning. Most antiques can be assigned a monetary value by several different standards. Insurance value is usually the highest value. An insurance appraisal will state replacement cost if the table is lost, stolen or destroyed. Estate or tax value is an average of auction prices of similar pieces. Estate value is typically determined by the IRS when seizing property. Retail value is the price your table would sell for at a furniture or antique store. Fair market value is the price agreed upon
