Fur Appraisals

Insurance Versus Actual Cash Value

Often clients have an unrealistic expectation of the value of their used fur garment (fur coat, fur jacket, mink coat, mink jacket, etc.). This is usually due to a mistaken idea of what an insurance appraisal tells them. An insurance appraisal on a fur garment is an estimate of the retail REPLACEMENT price. It covers the cost of a NEW item that is similar to the one you own – i.e. what it would cost to replace yours if it were stolen, lost or destroyed with a new garment of the same fur, style, length, size and quality.

If you are wanting to sell your used fur coat, fur jacket, mink coat, mink jacket or other fur garment, what you need to be interested in is the actual cash value; this is usually significantly less than the insurance appraised value. Any item is only truly "worth" what someone is willing to pay for it. The price we pay for a fur garment or the listing price of a consigned fur is objectively determined by factors such as the age of the fur, its condition including the skins, style, size, length and marketability.

Buymyfur.com is not a free fur appraisal service. Our objective is only to determine if we are interested in purchasing or consigning your fur garments.

BuyMyFur

Founded as a procurement vehicle to supply a steadily growing market for luxury pre-owned fur, leather and shearling outerwear, BuyMyFur.com has established itself as a world leader in the procurement and marketing of unique, one of a kind pre-owned garments. We offer options for purchase or consignment for qualifying items.

Learn More

 

Contact Us

  • 1022 Kendall Court, Suite 300, Westfield, IN 46074, USA

Get Started