Yes, if the data provided contains sufficient information about the subject’s relevant characteristics, one could develop an appraisal based on the information described in the illustration. Without directly inspecting the watch, however, the information provided is “assumed” to be accurate. Because some of these assumptions will have a significant effect on the assignment results, the assignment will involve the use of extraordinary assumptions and require proper disclosure. The scope of work in the assignment, including the degree of the inspection, must provide results that are credible in the context of the intended use. 6
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