article thumbnail

The Role of Jewelry Appraisers in Insurance Valuation

Buckhead Jewelry Appraisers

So you’ve just inherited your grandmother’s vintage diamond ring, only to find out it’s not covered by your insurance policy because its value wasn’t properly appraised. Replacement Cost Valuation The RCV clause calculates the expense of replacing or repairing your jewelry to its original quality.

article thumbnail

Passion Assets: A True Love of Collecting

Art Peritus

However, the qualities that make passion assets so precious to collectors also expose them to unique risksrisks often not covered by standard homeowners insurance policies. Several nuanced factors determine the value of passion assets, including rarity, quality, condition, and provenance.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

The Essential Guide to Jewelry Appraisal and Insurance

Buckhead Jewelry Appraisers

Why Appraisals are Necessary for Jewelry Insurance Jewelry appraisal is the process of assessing the value of your jewelry by a qualified and certified appraiser, often for insurance purposes. Each time, you renew your jewelry insurance policy because insurance companies require current appraisals to ensure accurate coverage limits.

article thumbnail

ASA Newsroom - Gems & Jewelry - Untitled Article

ASA Newsroom - Gems & Jewelry

An expert’s view on why your health insurance policy should be appraised by a professional. Editor’s Note: The beginning of a new year is the perfect time to have your health insurance policy reviewed by a professional. ASA: What new trends are you seeing in health insurance policies for sole practitioners?

article thumbnail

Understanding the Different Levels of Value: It’s Worth What Where and When?

Artifactual History Appraisal

It can sometimes be present in insurance policies, although in my experience it is much less frequently encountered. The best way to determine what level of value you have in your own insurance policy is to pull out and read your policy documents or call up your insurance agent to confirm.

article thumbnail

Why do you need to have extra insurance coverage for fine art & jewelry?

International Society of Appraisers

One question you should ask yourself is “am I properly insured if something catastrophic happens?” They consider factors such as an artist's reputation, rarity of the piece, quality of materials, provenance (history of ownership), and market trends. Their expertise ensures that the valuation is accurate.

article thumbnail

Where To Buy Diamond Jewelry?

La Jolla Gem Appraisal

Well-known Luxury Brands For those with a larger budget, many well-known luxury brands offer high-quality diamonds that are guaranteed to be of exceptional quality. If you’re working with a tighter budget, there are also reputable local jewelry stores that offer high-quality diamonds at more affordable prices.

Jewelry 52