A Question of Value: Reasons to Appraise Your Jewelry
Gemology Resources
MARCH 27, 2023
The appraisal also provides an estimated replacement value for your jewelry, which is the value insurance companies use when providing you with coverage. In April 2000 the price of gold was $488/oz, only eight years later it almost tripled to $1267/oz (April 2008) and continued to rise to $1816/oz (March 2023).
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