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The Role of Appraisals When You Sell Your Jewelry

Buckhead Jewelry Appraisers

While online estimates may offer convenience in selling jewelry, the uniqueness of each piece necessitates the expertise of appraisers for an accurate valuation. divorce, donation), and insurance valuation. An appraiser who understands these nuances can provide a more comprehensive and precise valuation.

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What Are the Different Types of Jewelry Appraisals

Buckhead Jewelry Appraisers

It involves examining various factors such as the materials used, craftsmanship, brand reputation (in the case of designer pieces), market demand, and overall condition. Liquidation Appraisal: Liquidation appraisals are focused on determining the value of jewelry for quick sale, usually at auction or through a dealer.

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How to Find a Qualified Jewelry Appraiser

Buckhead Jewelry Appraisers

This is so because such factors as the cost of new materials, stones, and labor to re-make or replace your piece are considered. Liquidation Value Appraisal The value of your jewelry in this appraisal is lower than the fair market value appraisal. This type of appraisal is needed in divorce settlements and estate liquidations.

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What Kind of Appraisal?

Drishti LLC Appraisers

Do you want to liquidate? A restricted appraisal is a written appraisal that provides a valuation, but information is for the client only and cannot be shared with anyone else. However, the methodology and type of valuation varies depending on the intention. Do you need to have a collection appraised for insurance?

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Jewelry Appraisal Guide: Understand & Find Jewelry Appraisers

Invaluable

However, this means that the policy must be adjusted every two years or so to reflect current retail market value and requires fairly regular re-appraisal for accurate re-valuation. Estate Liquid Value An estate liquid value corresponds to the typical price a wholesaler could get for your jewelry.

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Understanding the Difference in Value for Different Jewelry Appraisal Purposes

La Jolla Gem Appraisal

Here, I’ll explain the four main types of value in jewelry appraisal— Retail Replacement Value , Fair Market Value , Marketable Cash Value , and Liquidation Value —and when each is used. Higher Valuation : Includes retail markups, overhead costs, and the jeweler’s profit margin.