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GIA Appraisals • Insurance Appraisals • Estate Appraisals • Insurance Documentation
Regular jewellery appraisals are an absolute must! European Goldsmith recommends that you have your fine jewellery professionally appraised every 3-5 years. We regularly work with customers and insurance companies to replace cherished jewellery that has been lost or stolen and while the blow of losing your sentimental jewellery is difficult in the first place, it is that much worse if you don’t have insurance or an appraisal that accurately reflects the current market value!
What is a jewellery appraisal?
A jewellery appraisal is the certified professional’s analysis and opinion of the quality, design, authenticity, and approximate retail value of your jewellery. Your appraisal should include a complete laboratory testing of your jewellery and a report for your records. This appraisal report will include the weight of precious metals, a description of the diamonds and gemstones (approximate carat weight, cut, clarity, colour, measurements, etc.), a colour photograph, and the appraised value of your jewellery.
Why do I need a jewellery appraisal?
The primary reason for getting a jewellery appraisal is for insurance. The value of precious metals, gemstones, diamonds, and your jewellery will fluctuate over time. Most of the time, the value of your jewellery will increase, but if you have an outdated jewellery appraisal, you may not be insured for the full replacement value of your piece. Should your jewellery become lost or stolen, an updated appraisal can offer peace of mind and will allow you to replace your precious item without a substantial financial loss.
You may also an appraisal for legal and financial reasons, including estate planning, taxes, divorce settlements, donations, and loans.
How can I get an appraisal?
We offer 2 options for jewellery appraisal at European Goldsmith.
Option 1: We are able to facilitate the appraisal of your jewellery year round through our off-site certified appraiser. We recognize the value, both sentimental and financial of your jewellery, as such all items are transported with insurance and the utmost care. Items for appraisal may be brought into the store at any time, no appointment necessary.
Price: $119 for the 1st item and $99 for each additional item.*please note specialty items may incur an additional fee
Turnaround: 2 weeks
Option 2: We also understand that not everyone is comfortable with having their jewellery leave our store. For that reason we also offer an Appraisal Clinic in store 2-3 times a year. We bring in a GIA Certified Gemologist from Vancouver who independently appraises your jewellery. The GIA (Gemological Institute of America) has the most highly-regarded standards in the world and uses the industry’s most advanced technology and education when assessing jewellery. Our Appraisal Clinics are always eagerly anticipated and fill up quickly, if you are interested we recommend contacting us so we can add you to the call list for our next clinic!
Price: $119 for the 1st item and $99 for each additional item.*please note due to increased travel expenses due to COVID there is a $20 surcharge per item
Turnaround: Approx. 30 minutes/ item
For more information or to get on our appraisal call list please contact us at 250-860-6657 or email@example.com
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