Current Fair Market Value (wholesale)

Current Fair Market Value is the amount someone might receive when selling their item to a dealer or at auction. It is also the amount most government tax agencies (IRS, Revenue Canada, Inland Revenue, etc.) recognize as the tax deductible amount were the item donated to a charitable organization.

Replacement Cost (retail)

Replacement Cost is the retail amount one might reasonably pay to purchase the item from a dealer, gallery, store, etc. It is also the amount for which one may want to insure an item.

Online Auction Estimate

This is a value for which an appraiser has estimated this item will sell at online auction. See more

For more information about the differences between wholesale and retail value in different industries please read this article