It is important that you have all your jewelry appraised if you want jewelry insurance. Jewelry appraisal isn’t complicated as long as you know how and why you should do it.
- Always use a registered appraiser – Make sure that you are dealing with an appraiser that is registered under a regulatory board. All registered appraisers would have the necessary knowledge about gems and proper appraisal.
- Make sure that the appraisal document is certified – Don’t accept an appraisal if it doesn’t come with the proper document. Do not accept a valuation that has been done ‘on behalf’ of the valuer or the retailer as this may not carry any weight in matters of legality.
- How much will an appraisal cost? – Appraisers charge differently on the type of appraisal required. Make sure you discuss the fees right at the start to avoid being surprised by what it would cost you.