Frequently Asked Questions
Why have your jewelry appraised?
Estate Settlement, Establishing a Trust, or Equitable Distribution: You will need an appraisal report to complete these legal arrangements.
Insurance coverage: When having jewelry insured, a full appraisal assures you of a comparable replacement in the event of a loss.
Internet Purchases: An independent appraisal can verify that diamonds and other jewelry match the certification or appraisal accompanying the item.
Want To Sell: If you decide to sell, trade, or bequeath your jewelry, a detailed appraisal is a valuable document to have.
Loss Claims: You will need an appraisal to claim a casualty loss for your insurance company or uninsured loss for the IRS.
Divorce: You should have an appraisal for division of property in a divorce.
Charitable Contributions: You will need an appraisal for tax deduction of a charitable contribution.
What are the benefits of using a jewelry broker?
Professional Experience: A broker brings a knowledge and expertise of jewelry to the negotiation and pricing of every transaction.
Dealer Networks: Unless you work in the jewelry business, a broker will have a much wider reach for marketing your piece to other dealers. This specialized access helps attract multiple bids, enabling your piece to sell for the highest price possible.
Global Reach: It takes jewelry marketing experience, gemological education, and business acumen to develop and navigate a broker’s connections to a vast global network of dealers.
Multiple Selling Platforms: A broker utilizes online stores, retail establishments, wholesalers, and other clients to increase the chances, not only that your jewelry sells, but that it sells for the maximum amount.
Your Time: Jewelry marketing and negotiation take time. If you lack the time to spend on these activities, you risk not getting the best price for your items.