What is an appraisal?
It is easier to state what an appraisal is not:
It is not proof of purchase only a receipt can do this.
It is not proof of ownership.
Getting an Appraisal from a Specialist
A specialist in antique jewellery appraisals takes into consideration that antique
jewellery cannot be replaced in today’s market. Therefore, the value based
on estimated costs to replace the item in newly manufactured condition would
not be appropriate. The value estimations for antique jewellery must be a reflection of the sum to replace an item
of similar condition, motif and degree of workmanship, subject to the availability
of a like article in the current marketplace.
Always ask if the appraiser is familiar with the item. Appraisal codes of
ethics state that appraisers should not accept items with which they are unfamiliar.
Why Do You Get Jewellery Appraised?
Retail Replacement Appraisal for:
- Insurance
- Comparison
- Hypothetical
- Damage
- Customs
Fair Market Value Appraisal for:
- Estate
- Divorce
- Probate
- Donation
- Family separation of property
Liquidation Appraisal for:
- Wholesale
- Scrap