Here is three key reasons why
Many valuations are for insurance purposes with most insurers insisting on an update every two to four years (refer to your insurer’s product disclosure statement).
Your insurance company may refuse to compensate you for the full value of your precious jewellery and gemstones if they have not been professionally assessed.
A claim for lost or stolen jewellery is far more likely to be favourably processed if you have a current valuation certificate.
It can be very difficult to prove you own jewellery – or that it even exists – if you do not have a receipt or if it has been handed down through generations of family members.
A valuation certificate with a high definition photo is proof that the stolen or lost piece exists, it indicates the true value and is a record of possession.
An independent appraisal is vital to ensure you receive a good price when selling your treasures.
You are far more likely to receive a fair deal if you are armed with detailed information about your piece which matches it with market interest and trends.