Appraisal values, was: Kawai KG-1C

[Farrell]

I think that one absolutely must know what type of an appraisal value is 
desired to assess an accurate value. There are a number of appraisal values 
that one can come up with for any given instrument:

Wholesale value
Retail value in a private sale
Retail value for a dealer

All of these are values that we will be asked to determine, and they may 
diverge quite a bit from one another.

For instance a clean functioning 1964 Baldwin Acrosonic spinet may have a 
wholesale value of $100, a private sale retail value of maybe $600 and a 
dealer retail value of $1200.

How you gonna appraise it without knowing the needs of the customer?

Terry Farrell

----- Original Message ----- 
> Well, that is the question...any other opinions?   My feeling is I need to 
> appraise the piano as it is without the reason for the appraisal.
>
> David Ilvedson, RPT