WHAT IS A DIAMOND APPRAISAL?
Before spending money on an appraisal, you must ask yourself: Is a diamond appraisal what I really need? There’s quite a lot of confusion around the meaning and purposes of diamond appraisals. Appraisals assign a dollar-value to a diamond, and they are carried out for specific purposes, like insurance or tax, and the value stated in the appraisal is only valid in that context.
Most people think that a diamond appraisal reveals the diamond’s absolute value. But this is not true. Most appraisals state the Retail Replacement Value, this 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 ring, but the truth is, it doesn’t reflect the diamond ring’s resale value.
So if you’re looking to get your diamond appraised in order to get it insured, the appraisal is the way to go. But if you’re looking to sell your diamond, what you need is a diamond grading report.
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.