Frequently Asked Questions
- Do I have to leave my jewelry to have it appraised?
- How often should I update my appraisals?
- Is my jewelry worth appraising? How can I tell?
- How do I select a jewelry appraiser?
- Why should I have my jewelry appraised?
Do I have to leave my jewelry to have it appraised?
For the convenience of my clients, and for an additional fee, I can come to your home, office or bank. Mobile gemological equipment enables me to do my work in almost any environment. I can provide special lighting, and even bring along cleaning supplies if necessary. Although most examinations and data collection can be done in a day, large quantities of jewelry being appraised might require more than one appointment at the site. If we determine that some items should be sent out for additional testing or collaboration with another gemologist, items that are left in my care are fully insured.
How often should I update my appraisals?
The Insurance Institute of America recommends that jewelry be re-appraised every two years. I keep your appraisal documents on file for seven years. Updating your appraisal can be done relatively quickly and inexpensively. Although I will send periodic reminders for updates, a phone conversation to check on the necessity of an update of your appraisal is complimentary. In the event of an update, all that is necessary is to make sure the item(s) are still in existence, and are in good condition.
Is my jewelry worth appraising? How can I tell?
Putting a limit on the items to be appraised should be determined by the owner, accompanied with the expert knowledge of the appraiser. If you own a piece that you could not afford to replace, and it is something that you wear daily, like a wedding set, diamond stud earrings or a fine watch, then insuring the item is critical.
How do I select a jewelry appraiser?
Always ask a prospective appraiser what testing and training they have undergone. There are many titles appraisers can obtain, some of which require extensive training, and others with few requirements. Remember: quality over quantity. See the Affiliations link for a list of fine organizations which I am an active member.
Why should I have my jewelry appraised?
Sometimes you DON’T need an appraisal. Contact me for limited phone consultation, which is complimentary.
Listed below are the most common reasons to have your jewelry appraised by a professional.
- Insurance coverage is the most common reason for getting an appraisal. A full appraisal is a detailed document that will assure you of a comparable replacement in case of loss.
- With the popularity of purchasing jewelry over the internet, an appraisal from an independent appraiser can verify that diamonds and other jewelry match the certification or appraisal that accompany the item. Schedule an appointment to give you an idea of the value and peace of mind.
- A detailed appraisal is a valuable document to have whenever you choose to dispose of (sell, trade or bequeath) your jewelry.
- An appraisal is necessary in the event of Estate Settlement, forming a Trust, or Equitable Distribution.
- You will need an appraisal to claim a casualty loss for your insurance company or uninsured loss for the IRS.
- You should have an appraisal for division of property in a divorce.
- You will need an appraisal for tax deduction of a charitable contribution.