Why You Need Your Jewelry Appraised ASAP

God forbid it ever happen to ANY of you, but imagine you get home and notice that your diamond earring is no longer where it should be - in your ear!! This is a situation in which you'll really wish you had your item appraised. A jewelry appraisal is a written document that states the value of a piece of jewelry. This document is prepared by a professional appraiser who is trained to evaluate the various factors that affect the value of jewelry, such as the quality of the materials, the craftsmanship, and the rarity of the piece. 

There are several reasons why someone should have their jewelry professionally appraised:

• To determine the value of the jewelry for insurance replacement value. This is important in case the jewelry is lost, stolen, or damaged, as the insurance company will need to know its value in order to provide adequate coverage.
• To establish a selling price if the jewelry is to be sold. A professional appraisal can provide an accurate estimate of a piece's fair market value, which can be helpful when selling the jewelry.
• To settle disputes over ownership or value of the jewelry. An appraisal can be used as evidence in legal disputes over ownership or value of a piece of jewelry.
• To authenticate and document the jewelry's characteristics and authenticity. A professional appraisal can verify that a piece of jewelry is authentic and document its characteristics, such as the type, brand, and quality of the materials and gemstones used.
• To have a professional opinion on the piece of jewelry, it also includes a full description of the piece, including measurements, weight, type and quality of stones, and metal content.

In summary, having your jewelry appraised is important for determining its value for insurance purposes, establishing a selling price, settling disputes, verifying authenticity, and having a professional opinion and detailed description of the piece. Get your expensive pieces insured. Thank me later.

Stay Golden ✨ 

Marena Haley GIA G.G.