What is Jewelry Worth?
When it comes to Jewelry, there is no doubt that its greatest value is as an object of Beauty, Status and Love. But value is subjective depending on what you're going to do with the information.
• It is crucial that you know why you need the value. You might want to: Settle an Estate, Confirm Purchase Price, Get Insurance Coverage or simply sell it. All these reasons have a different value for the same piece of jewelry.
• Many insurance companies insist on Appraisals from a professional who has appraisal training and certification from an Appraisal Organization. Ask to see credentials and make sure the appraisal is signed.
• The accuracy of any appraisal will be directly proportionate to the time and attention invested. Be wary of the quick 2 line appraisal. Give the Appraiser the time they need.
• Usually items can be appraised for a set fee depending on the size and number of gemstones. The actual time spent on complex pieces will vary and may be charged at an hourly rate.
• The charge should never be based on a percent of the value as this will cost you more in fees, taxes or premiums.
* Courtesy of Jewelry By Design
2932 Prince William Parkway
Woodbridge, VA – 703-580-8880
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