Why You Need a Jewelry Appraisal
Jewelry appraisals are very important if you own any fine jewelry pieces. A proper jewelry appraisal certificate will detail all of the physical features of the piece, and evaluate the metals and stones within it. For diamonds, grading along the 4 C’s – color, cut, clarity, and carat weight – will be included, and colored stones typically include color grade, clarity, and any treatments detected. The complete market valuation of the piece is made based on these observations and the current price of metal(s) used.
This overall valuation of your piece may be used if you wish to insure it against theft or damage. For example, it is a good idea to keep extra copies of the appraisal somewhere safe in the case of a home burglary. If you are planning to hold onto your jewelry for a long time, it is also useful if you want to sell it in the future or pass onto relatives as an heirloom piece.
Make sure that it will be conducted by a jewelry professional that has undergone training backed with a high level of experience and product knowledge. Unfortunately, there are no current laws that regulate who can and cannot appraise jewelry, so it is up to you to do the research. Don’t be afraid to ask for credentials and experience, any qualified professional will welcome it.
Monica Tsao of Secret Sapphire Luxury Jewellery in Vancouver is a GIA Graduate Gemologist with many years of experience as a buyer and jewellery designer. She regularly keeps up with industry news and attends jewelry conferences up to a few times a year. As a gemologist, she is qualified to give appraisals for almost any type of jewellery. For more information or to book a consultation call Secret Sapphire at 604 – 558 – 3638.
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