What Is a Jewelry Appraisal?

Have you heard about others appraising the value of their fine jewelry collection? You may be wondering if a jewelry appraisal is right for you as well. At Royal Design Fine Jewelry, we provide our client’s in Atlanta, Georgia and around the world with exquisite treasures and professional services. If you’ve been wondering what appraisals are, and whether you should invest in an appraisal for your diamond ring, gold earrings or platinum bracelet, then this article is for you. 

What Is a Jewelry Appraisal and How Is It Different Than Certification?

Unlike diamond certification, which establishes the quality of your jewelry, an appraisal is used to determine its market value. While the certified clarity, color, cut and carats of your gemstones will remain the same, the amount of money each piece of jewelry is worth has many contributing factors. Considerations include the rarity of the stones and precious metals used, worldwide demand for the product and the average dollar amount that buyers are most likely to pay for a similar item. 

Why Do People Need a Professional Jewelry Appraisal?

People normally choose to have their jewelry appraised when they need written proof of value from a professional jeweler. In some cases, an appraisal can be used when placing expensive jewelry on the market for sell, as it can increase your chances of receiving the best price possible. It’s also common for insurance companies to require an appraisal before finalizing a new policy or paying for a claim on a lost, stolen or damaged item. 

Is a Jewelry Appraisal Right for You? 

If you have a particularly valuable piece of jewelry, having an appraisal is a good idea. Do you want to have your cherished treasures insured as a safeguard against emergencies? Are you purchasing an investment piece that may be sold in the future? Is there a specific piece in your collection that you want to pass on to a loved one or provide as a gift? A jewelry appraisal is an excellent way to provide proof of authenticity and market value of your most prized diamonds, gemstones and precious metals. If you decide to get your jewelry appraised, it’s important that you turn to an expert jeweler with gemological training and experience in their field. If someone under appraises or over appraises your items, there could be unexpected negative consequences when it’s time to sell your piece or file an insurance claim. Don’t be afraid to ask your appraiser for details about their professional experience and credentials. 

Looking for Quality Jewelry Appraisals in Atlanta, GA? Visit Royal Design Fine Jewelry 

Are you interested in getting a professional appraisal so you can insure, sell or gift your valuable jewelry? Then call or visit Royal Design Fine Jewelry store in Atlanta, Georgia today. Our highly trained, experienced jewelers are ready to help. From jewelry appraisals and restorations to new investment pieces and customized designs, our team of experts will help you find a solution to all your fine jewelry needs. 

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