[Avodah] replacement value

[saul newman via Avodah]

secular law  [US] recognizes that one need is not liable replace a lost
 item with a new one   ie  if you lost my used IPAD  [which happened in
fact this month to us] you don't owe me the value of a new one , but rather
some pro-rated amount accounting for wear and tear.  what does bais din
require?
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