If the estate is taxable by the federal government, a detailed report is typically needed to clearly establish a fair market value for each item you own. Estate appraisals that are subject to scrutiny by the IRS require additional market research for substantial jewelry items. Our appraisals will list the documented sales prices of similar and comparable items (EX: Sale at Auction prices, etc.). When applicable, A price for your item(s) are followed with an analysis of the similarities and differences between your item(s) and comparable item(s) assisting the reader to understand the fair market value conclusion.