WHAT IS A JEWELRY APPRAISAL?

An appraisal is a document that describes an item, assesses its relative quality and assigns a value to it. Descriptions usually cover the visible, measurable and analyzable facts about the item (weight, materials, markings). Most jewelry appraisals also describe subjective features such as gemstone quality, relative rarity and overall quality of manufacture.

*Jewelry appraisals should not be confused with diamond or gemstone grading reports.

JEWELRY APPRAISALS FOR INSURANCE

The majority of appraisals done today are for insurance replacement (retail replacement) purposes. The point of insurance is to return the value of the item. Therefore, insurance appraisals should reflect the realistic cost of replacing an item in a jewelry store that regularly sells the type of item being appraised.

At Don Basch Jewelers, we have the experience and qualifications to write insurance replacement appraisals on the merchandise we sell in our store as well as merchandise purchased from somewhere else. We also have the training and expertise to offer appraisal service for purposes other than insurance, such as estate tax evaluation, value comparison and more.

FOR CURRENT APPRAISAL COSTS, OTHER QUESTIONS ABOUT APPRAISALS OR TO SCHEDULE A TIME TO BRING IN YOUR JEWELRY TO HAVE IT APPRAISED JUST GIVE US A CALL AT (330) 467-2116.