Frequently Asked Questions

Jewelry Appraisal FAQ

Why do I need a jewelry appraisal?

  • Most insurance companies require a written appraisal by an independent appraiser (not the seller of the item) with a graduate gemologist degree in order to provide insurance coverage.
  • Your item will be accurately described and valued for replacement in the event of loss, theft or damage.
  • Identification and valuation of inherited items.
  • When buying or selling an item.
  • Estate planning or Probate needs.

Why do I need a fair market value appraisal?

  • For re-sale of used item.
  • Equitable division of jewelry in the dissolution of marriage.
  • Equitable division of jewelry in the distribution of an estate.
  • Trust and estate planning.
  • Charitable contribution.
  • To authenticate diamond or gemstone certificate.

How often does my Jewelry appraisal need to be updated?

  • Most insurance companies require an appraisal update between 3-5 years.

What is the jewelry appraisal process?

  • Items are thoroughly cleaned, inspected and evaluated.
  • Items are identified, measured, quality graded and accurately described.
  • Digital photos are taken and values are given to each component.
  • Overall value is calculated for finished piece.
  • Appraisal document is formatted, printed, emailed and saved for future appraisal updates.

How long does an appraisal take to complete?

  • The average item takes 30 minutes to appraise.
  • Some items are more complex and take further research and require more time.
  • Some items are straight forward and will take less time.
  • Multiple item appraisals typically take less time due to less set up time between each article.

Why should I have my diamond certified by GIA if I already have it appraised?

  • GIA certified diamonds appraise at a higher value and sell at a higher value.
  • GIA is the world’s most trusted gemological laboratory.
  • GIA diamonds are easier to sell sight unseen.

How do I sell my diamond?

  • Have your diamond GIA certified.
  • Have a professional jewelry appraisal performed.
  • Sell online or have your diamond sold by a diamond broker for a small percentage fee.
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