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Values & Reports4 min read

Understanding Values

Estimated vs manual vs declared — what the numbers mean.

Step-by-step
  1. 1

    LongboxIQ never shows a value as exact unless you typed it in yourself.

  2. 2

    Manual value: a number you entered for your own records.

  3. 3

    Declared value: what you report for insurance or personal net worth tracking.

  4. 4

    Estimated value (future): may use market ranges with confidence labels — High, Medium, Low, Needs Review.

  5. 5

    Asking prices on marketplaces are not sold comps and are not presented as true market value.

Collector tips
  • •Insurance reports include disclaimers — acceptance depends on your insurer.
  • •Keep purchase receipts alongside declared values for documentation.

Related tutorials

Track Values & Grades

Purchase price, declared value, slabs, and certification fields.

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