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Fair Market Value


Guest Bengleman
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Guest Bengleman

What is the Fair Market Value of a Marquise Diamond 17.4mm x 9.2mm x 6.0mm depth . Weight 5.59 carats measured weight. Clarity SI1. Color I

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I believe the words "Fair Market Value" have legal meaning. If that is truly what you seek, you definitely need to hire an appraiser.

 

If all you want is an approximate value, I would suggest comparing it to similar diamonds offered by dealers, and then approximating a price from there.

 

Keep in mind that since you are not a professional dealer with reputation, credentials, etc., whatever value you calculate is NOT how much money you would get if YOU attempt to sell it. If that is the value you seek, I suggest looking at eBay for similar items that have sold recently by non-professionals.

 

What I'm trying to say here is that there are many different values:

 

"Fair Market Price"

"Approximate Retail Price"

"Resale Price"

 

Ah, and there's also "Replacement Value" for insurance purposes.

 

Which value you want depends on what you intend to do with the diamond!

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