February 8, 2025
As your trusted full-service jeweler, Provident Jewelry offers professional jewelry appraisal services to help you understand the value and quality of your precious pieces. If you’re considering appraisal services, you probably have questions. Our team of jewelry experts and G.I.A. Graduate Gemologists in South Florida are here to provide answers and guide you through the process.
What is a Jewelry Appraisal?
An appraisal is a physical document that describes and assesses the quality, characteristics, and value of a piece of jewelry. It includes both visible and measurable aspects, as well as subjective features that contribute to the item's overall worth.
Why Get an Appraisal?
Insurance Protection: Most appraisals are done for insurance replacement purposes. An official appraisal can help ensure you receive reimbursement through your insurance company in case of loss or damage, depending on your policy's terms.
Establish Fair Market Value: An appraisal can also determine fair market value, which reflects the item's worth in its current condition if you were to sell it. This value is typically lower than retail replacement costs, as it considers the item's used state.
Inherited Jewelry: If you've inherited jewelry or watches, getting them appraised and insured should be a priority. An appraisal provides valuable information for your records and helps you understand the quality and condition of your inherited items.
Selling or Trading: Appraisals are essential when planning to sell, consign, or trade jewelry. They also play a key role in settling estates or distributing property during a divorce.
Schedule Your Appointment: Schedule an appointment online or visit one of our 7 stores. If you have more questions, check our website for frequently asked questions and Pro Tips about appraisals!
At Provident Jewelry, we’re committed to providing you with expert services and peace of mind. Contact us today to learn more about how we can assist you!
Take a piece of non-stretchable string, ribbon, thread, or a thin strip of paper. Wrap it comfortably around your ring finger, close to the knuckle.