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The Importance of JewelryInsurance: Why Qualified Jewelry Appraisals Matter November 5, 2024 Home When you invest in fine jewelry, you're not just purchasing an accessory; you're acquiring a piece of art, history, or sentiment that often carries significant financial and emotional value.
Is it time to part with some of your jewelry that is gathering dust in your jewelry box? How much should you sell your jewelry for? To be in control of the selling process, you should know the difference between a jewelry appraisal value and the selling price of jewelry. Are you considering selling your piece?
What Does a Jewelry Appraiser Actually Do? But a professional jewelry appraiser does much more than name a price. Thorough Examination Using Gemological Tools Every appraisal begins with a close inspection of your jewelry using specialized tools like microscopes, diamond testers, and gemological instruments.
Imagine you just inherited just a couple of pieces, like grandpa’s gold watch and grandma’s opal earrings, or an entire jewelry box that might—or might not—have some treasures. For instance, there are several types of appraisals, depending on what your needs are—are you looking for something to use for insurance or for an estate?
Just as kids get organized with back-to-school notebooks and pencil cases, this is a good season to organize and declutter your jewelry. There’s nothing worse than not being able to wear something because it’s tangled, damaged, or in a jewelry box pileup. Maybe it’s time to think about restyling it into jewelry that’s more your style?
Achieving the MGA® designation signifies Trang’s unparalleled expertise and dedication to excellence in the field of jewelry appraisal. Achieving the MGA® designation signifies Trang’s unparalleled expertise and dedication to excellence in the field of jewelry appraisal.
Whether you’re looking to sell, insure, or simply understand the worth of your collectible, an accurate appraisal is essential. Related Blog: Selling Gold and Silver: 4 Rules for Dealing with Antique Buyers 2. furniture, artwork, jewelry). If you have an antique, it is crucial to know its value.
Here are some new jewelry trends (and the return of some others) that have been seen on the runways and in the showrooms, with help from Who What Wear and Vogue. Body jewelry Yes, I know…I’m not into it either. Go bold, says Vogue about fall jewelry trends Crystal: I t’s time to outshine the chandelier. But it’s out there.
No, I don’t receive monetary kickbacks from Florists and, no, I’m not saying to avoid everything else [read jewelry]. Just be sure to “get your money’s worth” when buying a gift before you badger a retail consultant all around his or her store trying to fit something in your budget. Without fear.
Whether it’s for Dad—or that important man in your life—or a college grad beginning their post-school life, here are some jewelry gift ideas (at all price points) to add some glitter to their days. For Father’s Day Shopping for the special man in your life can be challenging…and jewelry that they’d actually wear might take some thought.
One question you should ask yourself is “am I properly insured if something catastrophic happens?” ” Insurance companies often require an appraisal before providing coverage for fine art and jewelry.
This blog is written for selfish reasons. Plus, they spend the bulk of their time doing one thing: Appraising jewelry. Jewelry Appraising is the same. I want to discuss pricing and selection of appraisals. I don’t begrudge my California Gemological friends a single dime of their fees.
I want to address the issue of why many consumers really need an updated jewelry appraisal. If the rings were insured initially for the sale price of $10,000, they may feel slightly better. The insurance company is not to blame at all, as the value of record is $10,000 which is all they are obligated to provide.
Dilute the soap and soak your ruby jewelry for a few minutes before using the toothbrush. How to buy fine ruby jewelry Color, color, color! Proverbs says, “Her price is far above rubies” but your ruby jewelry is very valuable—and so are all your fine gold and silver pieces, heirlooms, and other treasures.
By Ray Nugent Fine Art Insurers require more frequent valuation updates for Fine Art items than other less dynamic markets. Insurers are keenly aware of this phenomenon and therefore, require regular valuations updates, typically, every 2-3 years. While rates vary by insurer, on average you’ll spend 50 cents per $100 of coverage.
What You Need To Know About Jewelry Appraisal March 11, 2023 Home Before You Get Your Jewelry Appraised First, it's important to know that a jewelry appraisal is an assessment of the value of a piece of jewelry based on its quality, condition, and other factors.
Tips To Find A Reliable Jewelry Appraiser For Your Valuable Jewelry March 13, 2023 Home Jewelry appraisal is an essential step in ensuring the value and authenticity of your precious items. Whether you're looking to sell or insure your jewelry, an accurate and thorough appraisal is crucial.
These assets reflect an owners personal interests or hobbies and span diverse categories, including fine wine, classic cars, rare watches, couture clothing and accessories, jewelry, rare stamps, coins, and, of course, art and antiques. This makes it critical to secure proper coverage.
It’s popular for carved jewelry, especially the man-in-the-moon motif that plays on its name. How to buy moonstone jewelry According to the GIA , you should look carefully at the stone’s background color, and color and orientation of its adularescence or “sheen.” This is a perfect companion to June’s long evenings and brilliant moons.
Jewelry appraisals provide an accurate picture of the worth of jewelry. The option exists to have your jewelry appraised digitally or in-person. In this blog, we explore both digital and in-person jewelry appraisals , offering the pros and cons for each to help you choose. What is a digital appraisal?
Where To Buy Diamond Jewelry? June 24, 2023 Home Where To Buy Diamond Jewelry? While these brands are renowned for their exceptional quality and craftsmanship, keep in mind that their prices can be significantly higher than those of other jewelry stores.
Buying tips Buying peridot jewelry: Look for stones that have a bright lime green color without yellow or brown tinges. Buying spinel jewelry: Look for clear stones with no inclusions. They’re available in a range of cuts and are hard enough to be used an any type of jewelry setting. Soapy water is the safest.
Conversely, a gentleman who had zero interest in jewelry was given a bracelet by his family; it was an article that Sotheby’s could easily auction for tens of thousands of dollars. Because often someone is given jewelry that is rumored to be valuable, and it isn’t. Why mention these stories? They don’t.
Understanding Jewelry Appraisal Jewelry holds a special place in our hearts, often symbolizing cherished memories, milestones, and sentiments. Whether you're curious about the value of your collection, planning for insurance coverage, or considering selling pieces, understanding how to appraise jewelry is essential.
Do you have jewelry that has been passed down through generations in your family, or have you recently purchased an expensive piece of jewelry? Jewelry can be some of the most valuable items in your possession. But just how much is your jewelry worth?
Knowing what to expect during your jewelry appraisal appointment can help you feel more at ease. In this blog post, we’ll discuss what you can expect when you visit your appraiser. Schedule Your Appointment It is important to start the jewelry appraisal process by scheduling an appointment with a certified and experienced gemologist.
Knowing what to expect during your jewelry appraisal appointment can help you feel more at ease. In this blog post, we’ll discuss what you can expect when you visit your appraiser. Schedule Your Appointment It is important to start the jewelry appraisal process by scheduling an appointment with a certified and experienced gemologist.
In this blog, well dive deeper into what makes “GIA diamonds” stand out, answer what makes a diamond a GIA diamond, and explain why choosing a GIA-graded diamond offers peace of mind when making this important purchase. In this blog, we answer the following questions: What is a GIA Diamond?
Art Peritus recently sat down with Katja Zigerlig, Vice President, Art, Wine and Collectibles Advisory at Berkley One, a Berkley Company (WRB) to discuss the nuances of collecting and insuring Fine Art. It’s one of the most important documents a collector can have, along with purchase invoices, and an insurance policy of course.
If you do have heirloom or expensive wristwatches, don’t forget to insure them against loss or theft—time’s flying by. Remove the straps from the watch and rinse them under warm water with mild dishwashing soap. Rinse well and let them air out overnight—they’ll smell all nice and fresh for your next workout.
Jewelry stores are one of the first places to look when buying an engagement ring. If you’ve just started shopping, any good jeweler will happily describe the steps to selecting an engagement ring and begin educating you about diamond quality, jewelry settings, and more. Rose gold jewelry is known for having a modern and romantic look.
They range from furniture to jewelry and other decorative pieces. In this blog, we will discuss how antique appraisers determine the value of your treasures. This report is typically used for insurance purposes. They use their expertise and experience to determine the worth of items.
Three Insurance Experts Explain the Intricacies of Insuring Your Art Collection I am often asked by clients if they should cover their art under their homeowner’s insurance (HO) or if they should investigate insuring their art with a separate fine art collectors’ policy.
As you might imagine, this small percentage of the population makes up a considerable proportion of our clientele at Signet Art ; we work with individuals, museums, attorneys, shipping companies, insurance carriers and adjusters. From that lofty position, she helps HNWIs look at the safety of their collections and insurance needs.
In honor of you all, enjoy our deep discounted sale prices and Free FedEx shipping on all the following state of the art magnificent Fine Jewelry designs. Advice on immediate protection by the least expensive insurance options. He authors a blog at NYCDiamondBlog.com and has over 50 million views on TikTok. cts $4,350 4.00
Regardless of if they are collecting art, wine, jewelry, baseball cards or vintage autos, arguably the greatest force behind any serious collector is their passion. Collectors will inevitably need to have their tangible assets professionally appraised for both insurance and tax purposes. At least, at first.
Pick a metal for the band Popular jewelry metals include yellow gold, rose gold, white gold and platinum. Their colors can also change the appearance of a piece of jewelry and set off the color of a ring’s gemstones differently. It has been used in jewelry for thousands of years. Metal Types: Yellow gold is a classic.
Your insurance agent has suggested that you need your art or jewelry appraised in order to put them under rider coverage. Gone should be the days when the jewelry store or art gallery that sold you the piece “guaranteed it would appraise for more than you paid.” What types of pieces do you routinely appraise? Permalink
Understanding the Difference in Value for Different Jewelry Appraisal Purposes In my daily conversations with clients, I often hear the question, “I want to know how much this diamond ring/watch/bracelet is worth.” My response is always the same: “What do you need the jewelry appraisal for?”
With this accomplishment, Trang Pham continues to provide trusted and authoritative appraisal services to a diverse clientele, including private collectors, insurance companies, fiduciaries, estate attorneys, legal experts, high-profile clients, and the Department of Justice.
Understanding IRS Qualified Appraisals and Qualified Appraisers for Jewelry Valuation When dealing with tax-related matters such as charitable donations, estate tax filings, and gift tax reporting , an accurate and IRS-compliant jewelry appraisal is essential. Experience in valuing fine jewelry, watches, and gemstones.
Your engagement ring is more than just a piece of jewelry: it’s a symbol of your love, your story, and the life you’re building together. Finally, protect your investment by having your ring appraised for insurance. Choosing a Diamond for Your Engagement Ring: Natural or Synthetic?
Rix, who earned her Graduate Gemologist credentials in 2016 from the Gemological Institute of America, told The Jeweler Blog that she ran her first gemstone tour in early 2020. Travelers are responsible for their own airfare, visa and insurance. On tap for 2025 are gem-focused adventures in Sri Lanka (Feb.
for $1 million worth of insurance. ” Credits: Hope Diamond mail wrapper and display shots by Bruce Carter/The Jeweler Blog. “It’s the safest way to mail gems,” Winston told The Evening Star (Washington, DC) at the time. “I’ve sent gems all over the world that way.” The total payment of $145.29
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