Why do I need a jewelry appraisal? There are many reasons you may need to have your jewelry appraised. Some of the more common ones are:
- Insurance purposes
- Documentation for jewelry replacement needs
- Updating an old appraisal
- Wanting to sell an item
- Shipping an item
- Loose gemstone identification
- Division of common property during a divorce or the probate of an estate
- Confirmation and value of a recently purchased item
- Estate or Trust Preparation for the distribution of jewelry in a will
- Identification and Valuation of inherited items
- Just plain curious!
Commonly Asked Questions
What if i am not sure what is real vs costume? No worries. Nicole with sit with you and sort the real jewelry from any costume jewelry. From there she will be able to make recommendations as to which items would be appropriate to get an appraisal on. You will only be charged for items appraised.
Will I be given recommendations for reselling? Yes after reviewing your item Nicole will provide references for resale to insure you will get the most for your item. Each item is different and not all items will sell
How long does is take to appraise an item? The average item takes about 25 to 30 minuets to appraise. Some items are fairly straight forward to appraise, while others are very complex, and may require additional time, including extended research for very unusual items.
How often do I need to update an appraisal? With rapidly changes in the precious metal market, and frequent changes in the diamond and gemstone markets, appraisals need to be updated every three to five years. In years past, jewelry appraisals could be left in place for extended periods of time with out worry of the items becoming under insured. Now most insurance companies suggest having your items re-evaluated regularly every few years. With Expert Jewelry Appraisers, we securely archive your appraisal, so updating the information can be done easily and at a reduced cost when it’s time to update.
Can I use my Receipt to obtain Jewelry Insurance? Receipts or documents provided by the seller may be able to secure temporary coverage, until an appraisal can be done. Most Insurance companies require a Jewelry Appraisal to be done by someone other than the seller, who is also a Graduate Gemologist, and trained in appraisal theory. Only 3 % of retail jewelers have a Graduate Gemologist on staff, and most have not been certified to appraise jewelry.
How can I sell my Jewelry if I no longer need or want it? When it comes time to sell, a good starting point is to get your jewelry appraised, so that both you and any potential buyer will know the facts. Selling previously owned jewelry is not an easy task, and having a current appraisal with a detailed description and valuation can make the difference in completing the sale, and at a fair price. With a full written jewelry appraisal, you will document the facts that any potential buyer will want to know, which can help you justify your asking price.
- Insurance purposes
- Documentation for jewelry replacement needs
- Updating an old appraisal
- Wanting to sell an item
- Shipping an item
- Loose gemstone identification
- Division of common property during a divorce or the probate of an estate
- Confirmation and value of a recently purchased item
- Estate or Trust Preparation for the distribution of jewelry in a will
- Identification and Valuation of inherited items
- Just plain curious!
Commonly Asked Questions
What if i am not sure what is real vs costume? No worries. Nicole with sit with you and sort the real jewelry from any costume jewelry. From there she will be able to make recommendations as to which items would be appropriate to get an appraisal on. You will only be charged for items appraised.
Will I be given recommendations for reselling? Yes after reviewing your item Nicole will provide references for resale to insure you will get the most for your item. Each item is different and not all items will sell
How long does is take to appraise an item? The average item takes about 25 to 30 minuets to appraise. Some items are fairly straight forward to appraise, while others are very complex, and may require additional time, including extended research for very unusual items.
How often do I need to update an appraisal? With rapidly changes in the precious metal market, and frequent changes in the diamond and gemstone markets, appraisals need to be updated every three to five years. In years past, jewelry appraisals could be left in place for extended periods of time with out worry of the items becoming under insured. Now most insurance companies suggest having your items re-evaluated regularly every few years. With Expert Jewelry Appraisers, we securely archive your appraisal, so updating the information can be done easily and at a reduced cost when it’s time to update.
Can I use my Receipt to obtain Jewelry Insurance? Receipts or documents provided by the seller may be able to secure temporary coverage, until an appraisal can be done. Most Insurance companies require a Jewelry Appraisal to be done by someone other than the seller, who is also a Graduate Gemologist, and trained in appraisal theory. Only 3 % of retail jewelers have a Graduate Gemologist on staff, and most have not been certified to appraise jewelry.
How can I sell my Jewelry if I no longer need or want it? When it comes time to sell, a good starting point is to get your jewelry appraised, so that both you and any potential buyer will know the facts. Selling previously owned jewelry is not an easy task, and having a current appraisal with a detailed description and valuation can make the difference in completing the sale, and at a fair price. With a full written jewelry appraisal, you will document the facts that any potential buyer will want to know, which can help you justify your asking price.