What Is Jewelry Appraisal? A Guide

Do you have lots of jewelry sitting around? Unsure of how much they are worth but want to find out? If so, you want to look into jewelry appraisal. A jewelry appraisal is a process of valuing a specific jewelry piece’s price. This is different than looking at the quality of a stone or components. An appraisal gives you a monetary value for your jewelry. If you’re looking for a Western MA jewelry appraiser, Stephen Allen Jewelers can help.

Benefits of Jewelry Appraisal

There are several benefits to jewelry appraisal. The first is obvious, but it’s knowing how much your jewelry is worth. When you know the value of your jewelry, you can also get a reference for how much you might need for property insurance. A jewelry appraisal is typically a painless process, especially when you know and trust your local jeweler. Trust is an important factor in any relationship, and in the jewelry world, this is no different. You want to make sure that your jewelry appraiser can give you the correct price. That involves knowledge and expertise!

When Do You Need A Jewelry Appraisal?

You never know when you might need some jewelry appraised, but here are some common examples:

• Inheritance and gifts. If you recently were given some jewelry as part of an inheritance, it’s helpful to know how much the value of your pieces.
• Insurance policy updates. You can include jewelry as part of your insurance coverage. This is especially helpful if you have a large or valuable collection.
• Spring/fall cleaning. As you go through some of your belongings, having an idea of your jewelry’s value can provide helpful information. If you plan on selling some of your jewelry, this is an added bonus.

Jewelry Appraisal Methods 

Depending on the type of jewelry you have, different appraisal methods apply. When your jewelry appraiser looks at specific kinds of jewelry, they will look for different things. For example, gold jewelry is not the same as diamond jewelry. There are unique qualifications in each category for each. That is why it’s so important to have a jewelry appraiser that knows the industry inside and out. When you have a working relationship with a local jeweler like Stephen Allen Jewelers, it can take the stress out of finding the right fit. You can also shop our jewelry collection while you wait!

Why You Need Jewelry Appraisal

At some time or other, most people need a jewelry appraisal. Whether you want to check the value of a specific piece ahead of time (for a proposal, perhaps!) or evaluate an entire collection, find the right jewelry appraiser to make your life easier. When you have an idea of what you’re working with in terms of your jewelry’s value, it can help boost your confidence as well as provide information as to how to move forward with the decision-making process. 

Have more questions about jewelry appraisals? Want to bring in your necklaces, rings, or other jewelry to Stephen Allen Jewelry? Call (413) 525 – 9020 or visit our East Longmeadow location.