Sample Appraisal: Kid’s Tricycle
Appraisal ID: 11541
Appraised On: Oct 23, 2006
Market Value: $ 75.00
Replacement Value: $ 100.00
Circa 1940’s “Super Chief” tricycle manufactured by the Lake Mfg.
Co., Lansing, MI. Good condition with original paint, handles and
The word tricycle has been in use since the early 19th century and stems
from the Greek tri (treia), meaning three, and kyklos, meaning a circle
or wheel. The first recorded usage is apparently in 1828, signifying a
“three-wheeled horse-drawn carriage.” Tricycles have evolved to include
various forms of propulsion including pedals, steam and internal
The most common type of tricycle today is the child’s toy pedal
tricycle, but many more advanced forms exist and early tricycles were
mostly for adults. Adult pedal tricycles are known to have existed from
Item/Title: “Super Chief”
Date/Period of Manufacture: Don’t Know- Possibly the 30’s or 40’s?
Condition: Item is in good condition. The paint is original and is worn in places.
Manufacturer/Artist/Author: Lake Mfg. Co
History/Provenance: I have owned it approx. 20 years
This online appraisal report is an appraisal expert’s opinion of
value based on market comparable research of the item description and
images supplied by our customer. No further guarantee of authenticity,
genuineness, attribution or authorship is represented.
Current Fair Market Value is the price agreed on between a
willing buyer and seller, neither being required to act, and both having
reasonable knowledge of the facts.
Replacement Value is the price in terms of money that would be
required to replace the property in question with another of similar
age, quality, origin, appearance, provenance and condition, within a
reasonable length of time in an appropriate market.