Jewellery evaluation is the process used to determine the real-world value of your item. An appraisal is a much different process, which is mostly used for insurance purposes. The primary goal of an appraisal is to determine the approximate replacement cost of your jewellery if it were lost or stolen.
What are the factors that affect jewellery evaluation?
There are several factors that can affect the value of a piece of jewellery during an evaluation. Some of these factors include:
You can get your jewellery evaluated by taking it to a professional jeweller or a jewellery appraiser. They will examine your item and determine its value based on factors such as the materials used, the craftsmanship, and the current market conditions.
There are also online jewellery appraisal services that you can use to get an evaluation of your item. These services typically require you to send in photos and information about your item, and they will provide you with an estimate of its value.
The cost of a jewellery evaluation can vary depending on several factors such as the complexity of the piece being evaluated, the level of detail required in the evaluation, and the location and reputation of the evaluator.
In general, you can expect to pay anywhere from £50 to £150 or more for a professional jewellery evaluation. BuyFineDiamonds offers this service for free if you are a regular customer or if you are considering purchasing a new piece of jewellery from us.
It’s always a good idea to shop around and compare prices from several evaluators before deciding.
The benefits of jewellery evaluation: