DE v FX [2017] NZDT 1381 (7 February 2017) [pdf, 199 KB]
...the sculptures were worth $3,500 each. On the other hand, FX obtained an estimate of $500 to $1,000 from JBD or $1,400 to $1,800 from BP. 15. Despite hearing evidence from the parties regarding the experience of the different valuers and the information or assumptions on which their valuations were based, it remains unclear which valuation is most accurate. Given the large element of uncertainty in valuing an art work, I have simply taken a rough average of the estimates obtained by eac...