Jewellery valuations are often overlooked. They are an important process when you own any valuable pieces of jewellery or watches. Robinsons Jewellers can undertake a full valuation service for your jewellery and prestige watches. Matthew is certified with the Association of Jewellery Appraisers (AJA), so you can be sure of his experience and knowledge. There are a couple of reasons why you would need a jewellery valuation, contact us now to arrange a consultation.
Book a Valuation
Get in touch with us today to arrange a meeting and make sure your documents are up to date.
It is very important to have your jewellery covered by your insurance policy and that you keep this valuation up to date.
An insurance valuation of your jewellery creates an official document stating the current value of the piece of jewellery if you had to replace it in the event of a loss. The value stated in an insurance valuation will be the full retail replacement value of the piece or an equivalent if an older piece of jewellery.
It is important to read your insurance policy as you may have to list each item individually if they are worth more than a specified item value. Every policy is different.
You need to ensure your jewellery valuations are up to date. Values fluctuate depending on the markets and your insurance policy will only take into account the last official valuation done. So to ensure you don’t lose out get a new jewellery valuation done every couple of years.
In the event of the death of a relative, a probate valuation is needed to ensure there is a fair distribution among heirs and also to prove the estate value for inheritance tax.
The difference between and insurance valuation and a probate valuation is that insurance valuation is based upon a retail replacement value, the probate valuation is based upon a sale offer or auction estimate.
The value is determined by the current worth of materials, condition and wear of the piece and the current tastes in the market.
We understand this can be a difficult time so our aim is to undertake the valuation as quickly as we can and to avoid causing any additional worry at this time.
What to Expect
Professional jewellery valuations involve cleaning, weighing, measuring and photographing your items in order to provide you with a comprehensive valuation. This will include a detailed description covering current condition, hallmarks and any other important features. The value given current market conditions will also be included. Contact us to arrange your consultation.