Appraisals for jewelry can be important for several reasons:
An appraisal helps determine the value of your jewelry for insurance purposes. This ensures that you have adequate coverage in case of loss, theft, or damage.
2. Estate Planning:
Jewelry appraisals can be valuable for estate planning, helping to distribute assets fairly among heirs or for tax purposes.
It's a way to verify the authenticity and quality of your jewelry, especially if it contains precious gemstones or metals.
4. Personal Record:
An appraisal serves as a record of your jewelry's value, which can be helpful for personal accounting and financial planning.
However, not all jewelry needs frequent appraisals. It's typically recommended for high-value items, such as engagement rings or antique pieces. For everyday jewelry with stable values, occasional appraisals may suffice.
We provide a full appraisal for obtaining Insurance for all of our fine jewelry purchases (not including our fashion jewelry).