Routine Jewelry Appraisals are Important, Here's Why

Jewelry collections are precious, personal and oftentimes made up of family heirlooms and other cherished pieces. Whether it’s your great grandmother’s wedding ring, a gold bracelet you bought in Europe or a necklace you were gifted, jewelry can evoke feelings of nostalgia and remind you of certain people, places and stories that you want to remember.

Therefore, it is not only important to insure these valuable pieces, but also have them appraised routinely. While most items on your policy decline in value over time, have you thought about the items that increase in value like your jewelry? Let’s dive in and talk about why routine jewelry appraisals are important to make sure your collection is adequately covered.

A jewelry appraisal is a document written by a professional gemologist that describes an item, assesses its quality and assigns a value to it. Descriptions of the item usually include the visible, measurable and analyzable facts such as the weight, materials and markings. There are also subjective features of the item that can be included in the appraisal like the relative quality and rarity.

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