Appraisal Services
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 $1000.
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 $1000 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.
APPRAISAL
PROCEDURE
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.