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Whether it's a family heirloom passed down through generations or a recent acquisition, knowing it's worth not only provides peace of mind but also serves practical purposes such as insurance coverage, resale considerations, and estate planning. These appraisals tend to reflect lower values compared to insurance or fair market appraisals.
How to Tell if Jewelry is Real: Your Key Guide A few different tests may be done to determine whether the jewelry is authentic or fake: For Precious Metal Identification 1. Magnet Test: Precious metals like gold and silver are non-magnetic. Magnet Test: Precious metals like gold and silver are non-magnetic.
After performing numerous gemologicaltests on it, I determined it was also Man-made. The piece will never be sold or insured so the owner merely needs a confirmation about its identity-not a long and expensive piece of paper. Needless to say, she did not need an appraisal. The client anxiously said to me, ”. They don’t.
Individuals can use this appraisal to better grasp the true value of their jewelry for various reasons, including reselling it, obtaining insurance for it, or simply satisfying their natural curiosity. Determining an Accurate Value Insurance Coverage: Knowing the exact value of your jewelry helps you obtain the right insurance coverage.
Charles Carmona, GG, ASA, has been traveling the world for five decades in search of knowledge and experience to help in his gemstone testing and appraisal businesses in downtown Los Angeles, Shenzhen and Guangzhou, China and Bangkok, Thailand. As a consultant to the World Bank, he has established gemology schools in Madagascar and Tanzania.
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