Jewelry Appraisal 101 – Understanding the What, How and Why of Jewelry Appraisal
For those who are new to the world of jewelry, they might be confused about what an appraiser does.
After all, doesn’t a jeweler give you a good enough estimate? The simple answer to that question is, no.
Jewelry appraisers are very different from your conventional jewelry seller. To help you understand their work and how beneficial their knowledge is for jewelry sellers, JBE Diamonds explains what jewelry appraisals, are and how they are conducted.
What is a Jewelry Appraisal?
A jewelry appraisal is a thorough examination of the jewelry piece conducted to estimate the value of the item.
Jewelry appraisals are conducted by professionals who are specifically educated in the field. Jewelry appraisers use their combined knowledge of gemstones and precious metals with information about the latest trends and price hikes and drops in the jewelry market to provide an estimated value of the piece in question.
Now, while there are many appraisers in the market, not all of them are aptly qualified. Many are simply retail sellers. However, since they are not completely educated in gemology, their opinions can sometimes be inaccurate.
This is why JBE Diamonds offers complete information about appraisals so that potential clients can be comforted with veracity of the company’s services.
How is a Jewelry Appraisal Conducted?
Jewelry appraisals are conducted with a thorough examination of the content and weight of the precious metal of the jewelry piece. The metal is examined to make sure that there are no flaws or marks that could reduce the price of the piece.
The stones are then analyzed thoroughly to ensure that there are no natural inclusions or flaws in the gemstone. Although many of these inclusions are naturally occurring, and at times, not that much of an issue, other flaws such as cavities, feathers and chips can cause adverse effect on the overall value of the jewelry.
The entire piece is then inspected for the maker’s marks that may help in identifying the origins of the design, after which the appraiser provides a complete value of the jewelry.
Why You Should Get a Jewelry Appraisal
Usually, the main reason of jewelry appraisals is for insurance purposes.
Since jewelry and gemstone prices fluctuate throughout the year, it can be useful to have your jewelry appraised and insured for the price it’s worth, rather than the price you paid for when you purchased it.
Also, by getting the actual price of the jewelry, you can choose to sell the jewelry for the estimated value, rather than a sum that might be compromising because of the market trends.
Using the services of an appraiser can benefit you in the long run. So if you’re looking for an appraiser for your diamond jewelry, get in touch with our jewelry appraisals in NYC so that you can get the right value that justifies the beauty of your beloved piece.