In today’s world, jewellery and precious stones are becoming an increasingly popular investment. From matrimonial rings, family heirlooms, or any jewellery collection, everything is precious and worth a lot of money. This is why it’s important to ensure that it’s properly valued, especially now with the surge of lower quality Lab Grown Diamonds. Here are some of the most frequently asked questions about the jewelry valuation process:
What is Jewellery Valuation?
Jewellery valuations is a specific document that includes a detailed description of all your jewellery item/s. This is done by a professional jewellery appraiser who judges the value of items based on the market’s current condition. They describe the kind and type of jewellery, in the form of a printed document. The document also confirms the existence of the item.
Can Every Jewellery Shop Owner Value my Jewellery?
This process needs to be carried out by a professional. Not everyone who works in (or owns) a jewellery shop can value your jewellery. The National Association of Goldsmiths’ Institute of Registered Valuers represents the highest level of jewellery valuation. Every valuation by a N.A.G. Institute registered valuer will be done professionally according to the recommended standards. This includes a detailed description, specific details of the assessment of precious stones, condition statement, visual images, and value, along with the type of insurance qualification.
What’s The Estimate Process Time?
If you are valuing a ring, the quickest it can take is thirty minutes. You can collect the certificate at the end of the day or we can get it posted the next day.
When Will I Need To Re-Value My Jewellery?
This depends on your insurance company, as different companies tend to have different policies. However, a typical re-evaluation should be carried out after every two years. Another thing to keep in mind is that if the price of gold or platinum suddenly rises, a re-valuation will be necessary.
Does Valuing A Group Of Items Together Cost Less?
If you have many items for valuation, you’ll be glad to know that the cost for the process will be cheaper. Valuing three or four items together will cost lesser as compared to a single item. This is why we recommend bringing in all items at once for a cost-effective solution.
Get Your Jewellery Valued By a Registered Valuer
Clarke is the first and only female member of the National Association of Goldsmiths’ Institute of Registered Valuers from Ireland! Whether you are looking for registered jewellery valuers, Claddagh wedding rings, personalized ogham jewelry, Irish rings, antique jewellery valued Dublin, Traditional Irish necklace, or any other kind of jewellery, she is the professional you need! With over 35 years of jewellery making, valuing, and remodelling jewellery, you can expect top-notch service. What are you waiting for? Call and book an appointment today!