Jewelry Appraisal from Schiffman's Jewelers
If you have a collection of jewelry or timepieces that you cherish, you may want to know their true value and how to protect them for the future. Whether you need an appraisal for, you can trust Schiffman's Jewelers to provide you with an accurate and professional service. In this article, you’ll discover all you need to know, and how we can help you with our appraisal services.
Who are we?
Schiffman's Jewelers is a family-owned business that has been serving the community since 1893. We have a reputation for excellence and integrity, and we are proud to offer our clients the expertise of our lead appraiser, who is a Certified Gemologist Appraiser with the American Gem Society, a Graduate Gemologist, and has over 30 years of professional experience.
What is a jewelry appraisal?
A jewelry appraisal is a document that describes the characteristics and quality of a piece of jewelry or a timepiece, and assigns a value to it based on the current market conditions. An appraisal is not the same as a receipt or a certificate of authenticity, which only provides basic information about the item.
An appraisal is a detailed and objective analysis that takes into account various factors, such as:
• The type, quality, and weight of the metal
• The type, quality, size, and quantity of the gemstones
• The brand, model, condition, and functionality of the timepiece
• The style, design, craftsmanship, and rarity of the item
• The current market trends and demand for the item
An appraisal is usually done by a qualified and experienced appraiser, who uses specialized tools and equipment to examine the item and compare it with similar items on the market.
An appraiser may also consult various sources of information, such as trade publications, auction records, online databases, and industry standards.
An appraisal should include a clear and detailed description of the item, accompanied by photographs and diagrams. It should also state the purpose of the appraisal, the date of the appraisal, the name and credentials of the appraiser, and the value of the item.
Why do you need a jewelry appraisal?
Insurance
If you want to insure your jewelry or timepieces against loss, theft, or damage, you will need an appraisal to prove their value and coverage. An insurance appraisal should reflect the replacement value of the item, which is the amount it would cost to buy a similar item in the current market. An insurance appraisal should be updated every few years to account for changes in market value.
Estate planning
If you want to pass on your jewelry or timepieces to your heirs or beneficiaries, you will need an appraisal to determine their fair market value. A fair market value is the amount that a willing buyer would pay to a willing seller in an open and competitive market. An estate appraisal should reflect the value of the item at the date of death or at an alternative valuation date.
Liquidation
If you want to sell your jewelry or timepieces for cash or trade them for other items, you will need an appraisal to determine their liquidation value. A liquidation value is the amount that you can expect to receive from a quick sale in an urgent situation. A liquidation appraisal should reflect the value of the item in its current condition and location.
How can we help you with our appraisal services?
At Schiffman's Jewelers, we offer our clients a variety of appraisal services for their jewelry and timepieces. We can provide:
• Insurance appraisals
• Estate appraisals
• Liquidation appraisals
Any type of jewelry or timepiece, whether old or new, simple or intricate, can be appraised by us. Items made of gold, silver, platinum, or other metals, as well as diamonds, pearls, or other gemstones, and watches, clocks, or other timepieces, are all within the scope of our appraisal services.
Explore top-tier Jewelry Appraisals services in North Carolina (NC).
If you're seeking reliable jewelry appraisal services, rest assured in our expertise at Schiffman's Jewelers. We boast the finest selection of jewelry appraisal services in North Carolina, providing our customers with the very best evaluations to ensure accuracy and value assessment.