WHAT IS AN APPRAISAL?
An appraisal is a written statement giving an independent and expert opinion as to the worth or value of your property. This could include jewellery, loose stones, watches, antique jewellery and small items containing precious metals generally worth more than $500.
An appraisal done by Prestige Jewellery will include both a written estimate of the current value and an accurate description of it.
Items of less than $500 should be listed for inventory and proof of ownership. Jewellery purchased overseas should be appraised on your return home. In case of loss, your insurance company may ask for proof of ownership and the onus is then on you.
WHY APPRAISE MY JEWELLERY?
Insurance companies require a written appraisal/valuation from a registered appraiser on all valuable jewellery, watches, antiques and fine art. Good appraisals ensure adequate compensation for your jewellery replaced in the event of a loss occurring.
At Prestige Jewellery, we will examine each piece and comment on any work or repairs required. Repairs should be done so the item is in a safe, insurable condition before the appraisal. The more information you can give us about the item, the more accurate your appraisal will be.