Why should I appraise my jewelry?
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.
Bring your jewelry to Gallery of Diamonds if you want to know its current value. Gemologist Diamond Mike Watson is an appraiser who has credentials from the most trusted source in the industry- the Gemological Institute of America, or GIA.
With so many treated diamonds in the market, it is important to go to an appraiser who knows the diffetence 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 to protect one from theft, center stone loss, breaking, chipping, or damage to a piece of jewelry.
Diamond Mike will give you 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 in the store and are usually completed within 24 hours.
Two copies of your jewelry appraisal 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 identify and grade diamonds and colored stones. He is an expert in diamonds and antique jewelry.
What is the fee?
Each jewelry appraisal is $145 per item. If you have multiple pieces, we may provide a discounted rate. The service for an updated appraisal of an item we have appraised within the past three years is $90.00.
How long does it take to appraise my jewelry?
Most appraisals take no more than 24 hours.
Are the jewelry appraisals done on the premises?
Yes. Your jewelry never leaves the store.
What will my jewelry appraisal include?
- description of all characteristics of the piece, including weights, grades, and measurements
- information relating to the gem – identifying characteristics and whether it is natural or synthetic
- the workmanship, metal and karatage of the mounting
- the estimated retail replacement value
- a photograph of the jewelry
Will you archive my appraisal?
Yes. Appraisals are 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.