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So you’ve just inherited your grandmother’s vintage diamond ring, only to find out it’s not covered by your insurancepolicy because its value wasn’t properly appraised. At Buckhead Jewelry Appraisers , our job involves thorough research, careful analysis, and creating detailed reports to present to insurance companies for review.
When getting an appraisal, be sure to: Research reputable appraisers in your area. When that time comes, outdated appraisals may result in inadequate insurance coverage, which will leave you financially vulnerable. Updating your appraisals helps ensure that your insurancepolicy reflects the true value of your jewelry.
As appraisers, we are market researchers. Further, these objectives and approaches generally require research in different markets and marketplaces, thus resulting in different value conclusions. The diamond may have the same color and clarity grade, or it’s gemological specifications may be close. current asking prices).
It’s important to do your research and choose a store with a good reputation, as well as certifications and guarantees for their diamonds. Ask for certification: Request a diamond certification from a reputable gemological institute to ensure authenticity and quality.
Jewelry appraisals are required for most insurancepolicies. Jewelry appraisals are typically performed by a certified and qualified professional with expertise in gemology, jewelry, and appraisal techniques. They may have certifications from gemological institutes or appraisal organizations.
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