Remove Collectibles Remove Insurance Remove Retail Replacement Value
article thumbnail

Insurance: Protecting Your Collection

Art Peritus

Desantis Should You Consider Insurance? Surprisingly, many collectors of “passion assets” don’t think to protect these valuables with insurance. Often the misconception is that only blue-chip collections worth millions of dollars require this kind of specialized protection. What happens when a piece is damaged while being moved?

article thumbnail

Jewelry Appraisal Guide: Understand & Find Jewelry Appraisers

Invaluable

Maybe you inherited a collection of bracelets from a relative, or you found a few second-hand watches and don’t have the history of what you’ve bought. How much should you insure them for? Ideally, your appraisal will result in a reliable price estimate for insurance, tax or resale value.

article thumbnail

Understanding the Difference in Value for Different Jewelry Appraisal Purposes

La Jolla Gem Appraisal

For example, the value used for insuring a diamond ring differs significantly from the value used to sell it or distribute it in an estate. Each type of value serves a specific need, and understanding these distinctions is essential for making informed decisions. When to Use: Insurance purposes Shopping Comparision 2.