Appraisals

Bring your jewelry to Gallery of Diamonds if you want to know its current value. Diamond Mike Watson is an appraiser who has credentials from the most trusted source in the industry- the Gemological Institute of America, or GIA.

Diamond Mike Watson is a gemologist credited by the
Gemological Institute of America (GIA)

With the abundance of treated diamonds in the market, it is important to go to an appraiser who has the latest tools to distinguish between naturally earth-mined diamonds and synthetics. 

For insurance purposes it is important to safeguard your jewelry heirlooms.   A professional appraisal is important to submit to your insurance company since no one can guarantee theft, center stone loss, breaking, chipping, or damage to a piece of jewelry. 

Diamond Mike always makes two copies of the appraisal, one for your records and another to submit to your insurance company. 

We provide the quality and carat weight of diamonds, the weight and description of the metal, a color photograph, and the replacement cost. On center diamonds, information is provided in according to GIA standards and is accepted by every major insurance company.

Appraisals are conducted on the premises and are usually completed within 24 hours. 

Jewelry appraisals in duplicate are provided free for all diamond purchases.

Who will be appraising my jewelry at Gallery of Diamonds?

Diamond Mike Watson is a GIA-trained gemologist with an extensive background in all aspects of the jewelry business. He knows how to properly identify and grade diamonds and colored stones. His specialties include diamonds and antique jewelry.

What is the fee?

$125 per item. If you have multiple pieces, we may provide a discounted rate.

How long does it take?

Most appraisals take no more than 24 hours  

Is the work done on the premises?

Yes. Your jewelry never leaves the store.

What will my appraisal include?

  • description of all characteristics of the piece, including weights, grades, and measurements;
  • information relating to the gem – whether it is natural or synthetic; or if the gem is untreated
  • the manufacturer, workmanship, metal and karatage of the mounting
  • the estimated retail replacement value of the jewelry
  • a photograph of the jewelry

Why appraise?

Insurance companies will require an appraisal in order for insurance to be valid. A good appraisal will save you much time and aggravation in the future.

We recommend updating your appraisal your jewelry every two years. Most insurance companies consider it your responsibility to update, not theirs to remind you. We charge $75 for an updated appraisal of an item we have appraised within the past three years.

Will you archive my appraisal?

Yes. Appraisals are securely saved for referencing in the future.

What can I do to be prepared?

  • If it’s available, bring us copies of any documentation you have relative to the jewelry, such as original receipts and previous appraisals.

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