A jewelry appraisal is a professional assessment that determines the value of a piece based on factors like gemstone quality, metal composition, craftsmanship, and market demand. This detailed report provides an estimated value and is essential for insurance coverage, resale, or legal documentation.

There are several reasons to have your jewelry appraised, including: Insurance Coverage, Resale or Trade-In, Estate Planning & Probate, Divorce Settlements, Verification of Value

Jewelry values fluctuate with market trends, so it’s recommended to update your appraisal every 3 to 5 years. This ensures your insurance policy reflects the current value of your pieces, providing accurate coverage in case of loss or damage.

When seeking a jewelry appraisal, it's important to understand the difference between a gemologist and a certified insurance appraiser. A gemologist specializes in identifying and grading gemstones, while a certified insurance appraiser provides detailed valuations that meet insurance industry standards, ensuring proper coverage and protection for your jewelry.

One of the most important reasons to have your jewelry appraised is to ensure proper insurance coverage. Standard homeowners' policies often have limits on jewelry coverage, meaning you may need a valuable items endorsement or a separate policy to fully protect your treasures. Insurance companies use appraised values to determine coverage amounts and set premiums, so having an up-to-date appraisal is crucial.Not all policies are created equal—some will compensate the full appraised amount, while others may offer a lower payout or replace the item with a comparable piece at the lowest cost to them. It’s essential to understand exactly what your policy covers and how claims are settled. A sales receipt is not an acceptable proof of value, and factors like market trends, rarity, and condition can cause values to fluctuate over time. Since jewelry values rarely remain constant, updating your appraisal every 3 to 5 years ensures that your insurance coverage keeps pace with its current worth.At King Jewelers, we provide detailed, certified appraisals that meet insurance industry standards, giving you peace of mind that your most cherished pieces are properly valued and protected.

This report is to verify that the gemstone you recently purchased is what the retailer represented it as. A complete gemological qualitative analysis is done on the jewelry item and the findings are compared to the major laboratory certificate if accompanied with one. The retail replacement value is determined based on the gemological evaluation and stated in the final report. This report can also be used for insurance scheduling.

This appraisal value is determined when an owner decides to convert jewelry items into cash by re-selling them.

In the event you are named executor of an estate or conservator for an individual, an estate appraisal of their jewelry may be necessary for distribution, settlement or potential inheritance tax liability. Jewelry values for estates are legislated to include specific information and data. Fair market value is used for this type of valuation.

This report is used for division of common property for divorce. Fair market value is used for this type of valuation.

This report can be used to asses and express loss in value or current value of a jewelry item as a result of damage for insurance compensation. The report can also be used for expressing the difference in value resulting from breakage and estimates the cost of the removal, re-cutting and resetting of a gemstone, as well as the value of the re-cut gemstone (loss of weight).

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This report establishes the value of a previously undocumented item that was lost or stolen. This is a hypothetical valuation based on information supplied by the client and supported by photographs and a description of the item.

This report determines the fair market value of a lost, stolen, or destroyed item not previously documented. The IRS allows an income tax deduction of some portion of the value with a proper casualty loss appraisal.