INSURANCE VS ACTUAL CASH VALUE

Sellers often have an unrealistic expectation of CASH value when selling their older used fur coats or jackets.

What is very important to know, is that there is a big difference between an Insurance Appraisal and a Professional Furriers Appraisal.

Insurance Appraisal. This is a document made for a fur coat owner for insurance estimate only, of the total RETAIL REPLACEMENT COST. It covers the probable cost of a BRAND-NEW fur coat, that is similar or exactly like the one you currently own – i.e. what it would cost to replace your fur coat if it was stolen, lost or destroyed, with a brand-new fur coat of the same fur type, style, length, size and quality in today’s economy.

Professional Furriers Appraisal. If you are currently interested in selling your used fur coat, what you need to be truly aware of, is the actual CASH value of your used fur coat in today’s market, which is NOT what your Insurance Appraisal was even created for.

The current used value of your existing used fur coat will be significantly less, than the Insurance Appraisal which is only used to determine the replacement cost of a brand-new fur coat through your house insurance.

Any item is only truly “WORTH” what someone is willing to pay for it.

The price we offer for older used fur coat is objectively determined by a physical Professional Furriers Appraisal, which factors in such things as, the age of the fur coat in its current condition, including the fur skin dryness, length and recycling value.

This procedure can only be performed by a Professional Furriers Appraisal.

Please note, cashforfurcoats.com is not a free fur appraisal service. Our objective is only to determine if we are interested or able in purchasing your fur garments.

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More Questions?

We understand that selling your fur coat can be overwhelming. Visit our FAQ page to see the most common questions our fur coat sellers have asked in the past. We are always happy to answer any question!