It seems as if I should have to mention it, but just in case:
Esteem and estimate both imply appreciation of value, but when we esteem a thing we judge its actual and intrinsic value, while when we estimate it we arrive at its worth by calculation.
You can estimate the esteem you feel for a person, and you can esteem a person for his honesty. You can also estimate, or approximate something, such as its worth, size, or weight, or estimate as in form an opinion or judgment. Just don't mix the two up, or I'll have to charge you a dollar.
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