Jewelry Appraisal Atlanta
When was the last time you had your jewelry looked at by an experienced professional? An appraisal document is a breakdown of asset value. There are a few reasons why you should have your pieces appraised. For example, you could be looking to sell your piece privately or you might be trying to insure your assets. Whatever the reason, Rox can help you gain some insight into the world of jewelry appraisals and conduct a jewelry appraisal Atlanta.Importance of Jewelry Appraisal Atlanta
Having jewelry assessed can play a vital role in many different scenarios. For example, obtaining those appraisal documents could make a huge difference when it comes to getting a fair price for private jewelry sales, insuring your piece, or planning your estate. It’s essential to have your jewelry appraised every five years to make sure your records are updated.Insurance
As we go through life, we hope that our prized items are safe, but unfortunately, that is not always the case. Having your jewelry insured can mitigate the losses you might experience from a theft, fire, or flood situation. When going through the process of protecting your jewelry collection, the insurance company requires appraisal documentation to decide the insurance value of your items.
Private Sales
Did you inherit a piece of jewelry that you would like to sell? Knowing the value of your jewelry is an essential key in sales negotiation. There is nothing worse than finding out you sold a valuable for less than it is worth. This is why having an appraisal is an excellent tool for private sales. For instance, an experienced appraiser could tell you something you didn’t previously know, such as the fact that diamonds increase in value over time. Therefore, a jewelry appraisal can ensure you get the best price when selling privately.
Estate Planning
Estate planning can be a daunting undertaking. It involves gathering figures on all of your valuable assets and deciding who obtains your assets when you pass away. Having an appraisal on your jewelry collection is a vital tool in the estate planning process. It provides legitimacy to the value of your collection and is something attorneys can use to put together your estate documents.
The Appraisal Breakdown
Several measures go into the appraisal process. Firstly, you would sit down with an experienced jewelry appraiser. Secondly, they will assess your jewelry based on specific qualifications like metal quality, condition, and type of gemstone. Finally, the jewelry appraiser will give you the appraisal documents showing the value of your items. Below are some common factors the appraiser will take into account while assessing your collection.- Metal quality, type, and purity
- Manufacturer trademark
- Jewelry Condition
- Fair Market/Retail Value
- Gemstone identification
Once the appraiser compiles all of the information about your jewelry, you will receive the appraisal document. This document will list detailed descriptions of your jewelry pieces, along with the itemized appraised value of each piece and a total. This is the document you will be asked for when trying to insure your assets.
Who Conducts the Appraisal?
When looking for an appraiser, you should be keeping a few things in mind. Most importantly, does the appraiser you are considering have credentials? There are a few reputable institutions that an appraiser can belong to. Two such institutions are the Gemological Institute of America and The National Association of Jewelry Appraisers that offer certificates that an appraiser can display.Does your appraiser have the experience and knowledge required? The appraiser should have experience working with jewelry and the manufacturing process involved in creating jewelry. While assessing your collection, an appraiser should know what to look for as far as quality, condition, and gemstone knowledge. A quality appraiser should also continue their education over time to keep up with market fluctuations. In conclusion, having a trusted and knowledgeable appraiser is very important when going through the appraisal process.
Why choose Rox Jewelers for your next Appraisal?
At Rox, we make sure you get the best services and expertise available. We understand that your time is valuable, which is why we strive to make your time with us smooth and enjoyable. Our appraisal services offer a comprehensive breakdown of your jewelry, which is useful in a variety of situations. The most appraisals are insurance, estate planning, and private sales. At Rox, our appraisers will sit down with you and assess important factors of your jewelry. They will evaluate the quality, condition, and gemstone to come up with an appraisal value of your items. Once we determine the values and descriptions, you’ll receive the appraisal documents.In conclusion, Rox’s knowledgeable staff will help you through every step of the appraisal process, answering any questions along the way. For jewelry appraisal Atlanta, give us a call to book an appointment for your appraisal or walk right in!