Importance of Jewellery Valuation

You buy jewellery items to bring happiness on the face of your loved ones. But each item that you buy is more than just a piece of jewellery; it is an investment. Therefore it is necessary to size up what you have bought. After buying jewellery, you should always get a jewellery valuation by an experienced valuer.

Every piece of jewellery you buy should be accompanied by a written appraisal document. The appraisal documents will have all the details of that piece such as metal weight, precious stones, diamonds quality, carat, grades etc, along with the true value of the jewellery. The appraisal documents are helpful in jewellery insurance as well. Same goes with an antique piece of artworks.

Let us understand the importance of Jewellery/Antique valuations in depth.

Jewellery Appraisal

An appraisal document states the cost or the worth of your jewellery. The document is prepared after a thorough inspection and has a detailed description. A jewellery appraisal is important because the price of stones and metals changes from year to year. Change in the value of the metal and precious stones can increase or decrease the value of your jewellery pieces. Therefore, knowing the correct value of your jewellery is important for proper insurance coverage. Hence, Jewellery Valuation for Insurance is important.

Jewellery Insurance

Insuring your jewellery is not expensive. The policy falls between 1 to 3 per cent of the total value of your jewellery. Jewellery insurance can cover partial as well as complete losses depending upon the policy you have chosen. From ‘mysterious disappearance’ to ‘stone is broken into small pieces’, the policy will cover everything. As per your need and requirements, there is an affordable policy that will fit your bills. Therefore to protect your hard-earned money and emotions jewellery insurance is important.

If you are looking to get your ornaments redesigned or customised or get repaired by a jewellery repair London service, then Prestige Valuations is a trustworthy one-stop-shop.

Antique Valuation for Resale

If you have antique jewellery or artwork then it is needed to be insured, arranging professional antique valuations is the best way to proceed. This is because the valuation documents can help you to claim the insurance in the event of any unfortunate incident. Even if you are planning to sell the antique pieces then it is advisable to get them evaluated from a reputed source.

There is no doubt that valuation and insurance are both very important. It is necessary that you get your jewellery valued by a reputed valuation service provider. Prestige Valuations have appraisers who specialize in valuation and repair of precious jewellery items. They also provide bespoke jewellery London service where their designers and craftsmen design jewellery items as per your choice.