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Why Get a Diamond Appraisal for Your Engagement Ring In this blog, we answer five key questions about diamond appraisals: What is a diamond appraisal? A diamond appraisal is an evaluation of a diamond or piece of diamond jewelry, usually for insurance or estate purposes. How does a diamond appraisal protect your engagement ring?
A typical homeowner’s insurancepolicy affords you a little bit of coverage. Typically, Continue Reading The post Why Art Collectors Need the Right Insurance appeared first on Veritas Art Appraisals & Consulting. Do I need a special rider?” And when we say a little, we mean extraordinarily little.
In this blog post, we will explore the distinctions between these two appraisal methods, helping you understand when and why each one is used. Fair Market Value is often determined by considering recent sales of similar items or consulting with experts in the field. – Determining the value of items for a potential claim.
It’s advisable to consult with a gemologist to verify that the diamond you intend to buy matches the one in the certificate. Protect Your Investment After purchasing a diamond, it’s important to consider insuring it. Insuring your diamond can give you peace of mind knowing that you’re protected in case of loss, theft, or damage.
Art Peritus recently sat down with Katja Zigerlig, Vice President, Art, Wine and Collectibles Advisory at Berkley One, a Berkley Company (WRB) to discuss the nuances of collecting and insuring Fine Art. It’s one of the most important documents a collector can have, along with purchase invoices, and an insurancepolicy of course.
Early on in our conversation, Adrienne answered the “When” question by saying “If you can walk around your house and you determine that you have more than 5 artworks that exceed $10,000 each in value, you should consult an agent or firm that specializes in fine art insurance.” Browse fine artworks available to purchase on FAE.
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