Jewelry Appraisals and Evaluations
There are three types of jewelry appraisals.
Retail Replacement Value – The appraisal used by insurance companies to insure your personal jewelry. This is utilized to replace lost/stolen/damaged jewelry. Appraisals should be updated every three years.
Estate Valuation – This appraisal is used to determine value of items left to survivors in an Estate. The Executor/Executrice will use this valuation to equitably split assets among survivors. This is usually a low-ball appraisal used to divide, value or tax an Estate.
Fair market Value – This is used to assess what a consignor or inheritor could achieve if the item was sold at fair market value. This valuation falls somewhere in between the first two types of appraisals.
We would be honored to assist you in your appraisal needs.