There are several reasons why people want to get an appraisal of their jewelry. First, people want it because they need insurance. Or, it may be that they want cash for some of their property assets. Lastly, people go to a jewelry appraiser to determine the value of an engagement or wedding ring after a divorce.

Whatever brings you to the appraiser, it's advisable that you if you equip yourself with knowledge about the appraisal process, the different types of appraisals, and what-not. So, for a little help, here are some things that you need to consider before getting a jewelry appraisal.

A Jewelry Appraisal Shouldn’t Give You Headaches

If you’re a newbie to the process of a jewelry appraisal, it’s understandable that you’ll get overwhelmed and intimidated at first. That’s how first-timers would feel in whatever situation that they’re not familiar.

Thus, before getting a jewelry appraisal, you need to know that there are ways to make the process easy and less stressful. In fact, due to the advancement in technology, some certified appraisers will now appraise your jewelry online.

You can also look for reviews and qualifications of the appraiser on the Internet before you bring the jewelry to the shop.

Learn About the Different Types of Jewelry Appraisals

There are different types of appraisals that you need to know before you go to an appraiser. There’s the fair market value appraisal, replacement value appraisal, and liquidation appraisal.

If you’re going to sell your jewelry, an estimate of the value of your jewelry is called a fair market value appraisal. In this type of evaluation, the appraiser will consider the jewelry condition, and the estimate will be lower than the replacement value appraisal.

A replacement value appraisal, on the other hand, will provide you with the value of the replacement cost that you’ll pay to replace the jewelry if you lose or damage the item. This type of jewelry appraisal is solely for insurance purposes. The value that you’ll get in this type of appraisal is typically higher.

Liquidation appraisal will provide you with the value of the jewelry if you want to sell it immediately. Typically, the people who need a jewelry liquidation appraisal are those people who just went through a divorce.  

Know the Background of the Appraiser

It’s crucial that you get the services of an appraiser who has the expertise and experience to provide you with a credible evaluation of your jewelry.

For instance, you should make sure that the appraiser has a gemology education and proper training when it comes to the trade. It’s also a must that the appraiser is a member of a recognized association of appraisers. You can look for expert appraisers in sites like Truval for that purpose.

Determine Your Budget

One of the most important things that you have to consider before getting a jewelry appraisal is the payment that an appraiser typically charged.

An experienced appraiser will charge a higher fee because of their background and knowledge when it comes to jewelry. The payment will also depend on the size of the jewelry, and it’s likely that they will charge an hourly rate for the job.

A tip: stay away from appraisers who will charge a percentage of the value of the jewelry because that’s an unethical practice.

Know What Things Should Be in the Appraisal Report

The appraisal report is an essential document in a jewelry appraisal. Typically, this report will include information such as your name and your contact, the appraisal date, the purpose of the appraisal, the jewelry description, photograph of the item, and, of course, the value of the jewelry.


Before you visit the jewelry appraiser, it’s essential that you know what things to consider to make the transaction smooth and with fewer hassles. Thus, the list of tips above will be a big help when you’re going to decide to appraise your jewelry.  

Published by Zachary McGavin