APPRAISALS
Getting your jewelry appraised is a smart move. It is required if you wish to add the item to your insurance. It also ensures that the piece will not be undervalued if it is passed down or sold in the future.
How do I know what jewelry should be appraised?
You should appraise anything that holds significant value. Engagement rings and wedding bands should be insured, as should any diamond or precious stone jewelry. Antique and heirloom jewelry should also be insured. You might be surprised at the value of your grandmother's jewelry!
Items that don't need to be on your insurance might include silver chains, silver fashion rings, or anything that is base metal or costume.
If I buy a piece from you, does it come with an appraisal?
Almost all insurance companies will accept a detailed receipt as an appraisal. It will have our business name on it, the item specifications, and the value. This is the same information that is on an appraisal. If they do not accept this, please reach out to us so we can help.
What does an appraisal cost?
We charge on average $150 per item. This price would be for your average engagement ring or wedding band, but the cost may vary based on how intricate the piece is. For example, if you are having a brooch that is from the 1800's and has 100 different sized diamonds all with varying color & clarity, that may be as much as $200. If you are having multiple pieces done, the price per item will be lower.
How long does an appraisal take?
We ask that you allow us two weeks to complete an appraisal after dropping it off. Your piece will be kept locked in a secure safe both during and outside of business hours.
Are you qualified to do appraisals?
Absolutely. We have degrees from the Gemological Institute of America and have been providing appraisal for our customers for over ten years.
Do I need an appointment?
You do not need an appointment to drop off an item for an appraisal.
Questions?
