Many people with jewelry view appraisals as worthless, while others feel otherwise. The concept of appraisals should cross the mind of everyone whose jewelry holds special value. For instance, if your jewelry is damaged, the only way to record its value and description is through an appraisal. In addition, buying new jewelry without appraisal can be likened to buying a used car without the mandatory certifications. This blog highlights the importance of appraisals.
What Are Appraisals & How Is It Performed?
A jewelry appraisal is an expert assessment of a piece of jewelry to ascertain its current market value. This process involves a certified appraiser’s comprehensive inspection and evaluation of the piece’s quality and general condition. The result of an appraisal reveals comprehensive details about the jewelry, including the metal used (gold or silver), the type and quality of gemstones, the craftsmanship, and any other noticeable unique features.
3 Benefits Of Appraisals
The cost attached to conducting a jewelry appraisal is a major drawback to many; however, there are many benefits you stand to enjoy:
Easy Replacement In Case Of Damage
An appraisal gives jewelers a thorough description of the item to be replaced during damage. Imagine losing your heirloom and not having certified paperwork that provides the jewelers with enough details to replace the jewelry correctly. Appraisals ensure you get a replacement that is as similar to the original as possible.
Full-Coverage Insurance
Many people fully or partially insure their jewelry alongside their home. Although this kind of insurance provides full replacement during theft, you need an appraisal to ensure you get the right replacement in these dire situations. Experts advise people with expensive jewelry to add them to their insurance policy as scheduled personal property, especially if their value exceeds the basic limit offered.
Make Better Selling Decisions
Getting an appraisal keeps you in touch with market trends and fluctuations, which can help you make better decisions before selling or consigning your jewelry. Appraisals expose you to professionals who can give you honest opinions on the market value of your jewelry.
Get Your Jewelry Appraised At Tower Square Jewelers In North Attleborough, MA
Ensure you seek out appraisers who hold certifications from reputable associations like the American Society of Appraisers (ASA) or the Gemological Institute of America (GIA). These appraisers are certified experts who have honed their skills over the past few years to deliver absolute professionalism. At Tower Square Jewelers, you are assured of quality services, as our appraisers have extensive experience evaluating any kind of jewelry you buy. Know the value of your jewelry by calling us at (508) 699-7855 to book your in-person appointment or fill out our easy-to-use online contact form.