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How do we determine your fur coat's value?


There are a lot of things that go into determining the value of your fur coat.

  • Prices are based on the standard rate of 20% depreciation per year from date of purchase on the wholesale price, as retail fluctuates to much and all retail furriers paid the same cost from fur coat manufacturers, with a suggested retail cost they may or may not have followed. 
  • Most furs have a shelf life of 18-22 years, animal skins are biodegradable and perishable over time no matter how many times you did not wear them.
  • Fur coat age and pelt condition is crucial to determine if the fur coat skins can be reworked or sewed again into toys or pillows.
  • Older fur coats will eventually start to physically breakdown with or without proper storage maintenance remember it is a biodegradable product an animal skin.
  • For proper assessment of the fur coat, it needs to be physically examined by a professional furrier.
  • Buying a used fur coat is like buying a used car over the phone that is why physical examination is necessary.
  • This determines if the value is greater than the age it has, fur coats like a car can be in immaculate condition therefore being worth more but that is only determined by a professional furrier.

Often fur coat owners have an unrealistic expectation of the value of their used fur coat. This is usually due to a mistaken idea of what a furrier's appraisal tells them. An appraisal on a fur garment is an estimate of the Retail Replacement Cost. It covers the cost of a Brand-New fur coat a coat 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 brand-new fur coat of the same fur type, style, length, size and quality, so read the fine print of your appraisal.

If any furrier indicates your coat is worth any amount, that you would be more then pleased in selling for, ask the furrier for only 1/2 of that amount in cash value, and tell them they can then sell the fur coat for the other 1/2 and keep the cash for themselves, you will see how fast they remove themselves from this deal! Yet they have the perfect environment to sell a used fur coat but they to know it is nearly impossible and are not willing to put their money where their mouth is! The old Adage is an item is only worth what the market will bare and someone is willing to pay. It is not so fashionable for fur coats today unfortunately, as it once was back some 30 years ago!

For more information please take a moment to CLICK HERE and provide us with information about the fur coat you are interested in selling.

Or you can check our FUR BUYING EVENTS CALENDAR to see when we're coming to a location near you.

 

 

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