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appraiser’s credentials 6. When that time comes, outdated appraisals may result in inadequate insurance coverage, which will leave you financially vulnerable. Updating your appraisals helps ensure that your insurancepolicy reflects the true value of your jewelry. Photographs of jewelry 3. Weight measurements 4.
When to Appraise Jewelry You need to consider getting insurance appraisal jewelry in these instances: When you acquire a new piece of jewelry of significant value, you establish its current market value and form the basis for insurance coverage.
Reasons to Seek and Antique Appraisal There are various reasons that someone might need or want an appraisal: Insurance coverage. Standard homeowner's insurancepolicies may or may not provide adequate coverage for antiques, collectibles, and other valuable possessions.
It’s one of the most important documents a collector can have, along with purchase invoices, and an insurancepolicy of course. They don’t have the correct credentials. It’s also important to use a professional appraiser, like the staff at Art Peritus. There is not enough information.
Jewelry appraisals are required for most insurancepolicies. Included in every appraisal report is: Appraiser information that includes name, contact details, credentials, and any professional affiliation. Appraisal purpose that clearly states why you requested the appraisal (insurance purposes, resale, estate planning).
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