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Alpha 2, page 39
With this skill, you can evaluate the value of any object,
picking out priceless treasures from worthless junk.
[...]
If you are trained in Appraise, you can use it in conjunction with detect magic or identify to determine the properties of a magic item in your possession. The DC of this check is equal to 15 + the item’s caster level. If successful, you determine the item’s properties and command words.
Question:
Does Appraise used without detect magic or identify allow you to evaluate the full value of a magical item or only the value of the magical object minus the value of its magic properties?
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I'd kind of have to rule it's case-by-case. For example - a +1 vorpal brilliant energy kurki I imagine will have a rather obvious magical enchantment (it's a lightsaber, for crying out loud). Flame tongue as well. Still and all, a +2 keen armor spike probably won't stand out too much.
Without a clarification, that's what we'll have to do.
Bear in mind that a deactivated lightsaber doesn't look like much. :-)