Jewelry Appraisals

An appraisal can be done on any item of jewelry, and is performed on site at Joyce’s Fine Jewelry. The purpose of a jewelry appraisal is to put a dollar value on the jewelry being appraised, and in many instances for insurance purposes. An appraisal might also be necessary to settle an estate, liquidate or distribute property, identify unknown metals or gemstones, as well as establish the value for pieces used as gifts or donations. At Joyce’s Fine Jewelry we will accurately document and determine the current market value of diamonds, gemstones, and all types of jewelry, no matter how old or new they might be.

Determining the current market value of your gems and jewelry is the only way you can be sure your insurance is adequate to cover them against loss, theft or damage.

The Reason Behind An Appraisal

By far, the most important reason for a jewelry appraisal is for insurance purposes. As years pass, the value of jewelry and gemstones can fluctuate. If your last appraisal is over two years old it may be out-of-date and, as a result, your jewelry could be insured for less than its replacement value. That means you are at risk for a substantial financial loss if your jewelry is lost, stolen or damaged.

For your protection, Joyce’s Fine Jewelry recommends you have your jewelry re-appraised every two years