Quilt appraisal
#14

Can someone explain to me why, if the cost for Pam to replace the quilt is $4,500 that means someone has to sell it to her for that amount. So why isn't that the sale price appraisal, too? It's just the other side of the same transaction. I mean, why is the appraisal for sale always lower than the appraisal for insurance? Is it just so the insurance company can make more money on premiums? That's always seemed kind of snarky to me.
#16
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Join Date: Jan 2009
Location: California
Posts: 3,502

I don't know why replacement value is different than purchase value.
There's pictures of the quilt here
http://www.quiltingboard.com/t-37727-1.htm
and here is the whole thing
http://www.quiltingboard.com/t-46310-1.htm
There's pictures of the quilt here
http://www.quiltingboard.com/t-37727-1.htm
and here is the whole thing
http://www.quiltingboard.com/t-46310-1.htm
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