WHAT IS AN APPRAISAL?
Before spending money on an appraisal, you must ask yourself: Is a full appraisal what I really need? There is a lot of confusion around the meaning and purposes of jewelry, watch and diamond appraisals. Appraisals assign a dollar-value to a piece of jewelry, watch, loose diamond or gemstone - and they are carried out for specific purposes, like insurance or taxes where the value stated in the appraisal is only valid in that context.
Most people think that a jewelry, watch or diamond appraisal reveals the items absolute value. But this is not true. Most appraisals state the Retail Replacement Value, which is, how much will it cost to replace the item, and it’s directly related to insurance policies. People tend to expect to get the appraisal value for their item, but the truth is, it doesn’t reflect the item's resale value.
So if you’re looking to get your jewelry, watch, diamond or gemstone appraised in order to get it insured, then a full appraisal is the way to go.
But if you’re simply looking to sell your jewelry, watch, diamond or gemstone then it may be overkill for what you need.
WHAT WE OFFER.
All appraisals are done on premises.
We are able to appraise and assess the value of your treasured items accurately for insurance purposes, retail replacements, probate valuations and post-loss evaluations.
Whether you require advice on a relatively modest individual purchase, or guidance on the sale of a multi-million dollar collection of jewelry. Our jewelry specialists will provide you with all the assistance you need regarding jewelry valuations.
In order to give you the most accurate appraisal possible, please bring with you any receipts, diamond certificates or diamond reports from GIA, EGL, AGS, etc. to our store and we will be happy to help guide you.