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Appraisal ID: 125747
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Appraised On: 30-10-2006
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Title: Ivory Chess Set
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Description: Ivory Chess Set made by Hang On Ivory Factory, Hong Kong
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Condition: Good to Very Good Condition
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Origin: Gift
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Provenance: No
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Appraised By: Judith Katz-Schwartz
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Appraiser Comments: The Hang On Ivory Factory, located on Castle Road in Hong Kong, was established by Raymond Wang in 1921, and is still in business.

Your ivory chess set is one of Hang On's most popular products. Consequently, it is not rare. Since you have not provided a date of manufacture, and since the factory is still producing these sets, it must be considered a contemporary item. The carved mystery ball feature near the base of the pieces will make it more desirable to collectors.

Since I am unable to examine this item in person, it is assumed for the purpose of this appraisal to be a contemporary carved ivory chess set in case/board, made by the Hang On Ivory Factory of Hong Kong, with mystery ball feature near the base. with scratches to the board, two small cracks to the base of the white king, and no other flaws whatsoever. The values provided below are based on these assumptions.

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* Current Fair Market Value: $450.00
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** Replacement Cost: $850.00
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All values are in US currency
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This online appraisal is an expert's opinion of the item(s) depicted above based solely on images and information supplied by our customer. Additional information, not shown on this certificate, may have been taken into account for this online Appraisal.

Please Note: Our service strives to include the best international authorities in their respective fields. While the appraiser may be an expert in rendering the valuation, please understand that they may not be completely fluent in English.

* Current Fair Market Value is the amount someone might receive when selling their item to a dealer or at auction. It is also the amount most government tax agencies (IRS, Revenue Canada, Inland Revenue, etc.) recognize as the tax deductible amount were the item donated to a charitable organization.

** Replacement Cost is the retail amount one might reasonably pay to purchase the item from a dealer, gallery, store, etc. It is also the amount for which one may want to insure an item.

For currency conversion go to http://www.xe.net/ucc/full.shtml

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