Whether you are interested in selling your jewelry, diamond rings, or have a family heirloom you would like to protect, our appraisal services at Shaw’s Fine Jewelry are just what you are looking for. You don’t have to be interested in selling your fine jewelry to have it appraised. In fact, there are several different types of appraisals depending on your desired purpose. No matter why you are seeking an appraisal, with our superior customer service, you can trust in Shaw’s Fine Jewelry for the best care and handling of your treasured items.
What Happens During a Jewelry Appraisal?
Appraisals are the process of evaluating your jewelry, taking care to note its materials and condition to determine an approximate value of your diamond ring or pre-owned watch. However, this figure is not intended to be used as a dollar amount for resale, and is more commonly used for tax, or insurance purposes. While many factors are considered and inspected during this process, most appraisal documents will include a detailed description, photograph, and value. Details will include the estimated weight, approximate color, cut, and clarity of the diamond, as well as the weight and type of metal the jewelry is made of, and any additional gemstone details.
Why Have Your Jewelry Appraised?
Most appraisals are conducted for insurance purposes. Should the jewelry be lost or stolen, the insurance company will use this document as proof of ownership. While not required, a photograph may make the piece easier to identify and replace should it be lost. Value refers not to the actual price tag, but instead will reflect the current market value of its materials for an estimated worth. As prices on the diamond market may fluctuate, many insurance companies recommend that this document is renewed every few years to ensure that clients have the most up to date information.