Jewelry appraisals are a key part of protecting your most cherished pieces. If you’ve inherited a family treasure or purchased a custom engagement ring, appraisals help you understand the actual value of your items and keep them protected.
Let’s take a moment to go over when you should schedule an appraisal, why they matter, and how Bergstrom Studio’s expert appraisers can help.
What Is a Jewelry Appraisal?
A jewelry appraisal is a professional evaluation that assigns a specific value to your piece based on details like the type of gemstone, metal, craftsmanship, and market trends.
The appraisal includes a description of your jewelry’s key features, like carat weight, clarity, and cut, along with the estimated value. Most people rely on appraisals to secure insurance coverage so they have financial protection if the item is lost, stolen, or damaged.
When Should You Get a Jewelry Appraisal?
There are several situations where an appraisal can provide clarity and protection.
• After Purchasing a New Piece: When you buy a new engagement ring, anniversary necklace, or heirloom-worthy item, an appraisal establishes its value from the start.
• When Insuring Your Jewelry: Insurance providers often require an appraisal before adding an item to your policy. This step ensures that your coverage reflects the true value of the item.
• For Inherited or Vintage Jewelry: Inherited jewelry may have great sentimental value, but you may not know its financial worth without an appraisal. A professional evaluation helps you understand what your piece is worth today.
• When Updating an Existing Appraisal: Market conditions for gemstones and metals can shift. We recommend updating your appraisal every two to three years to keep the estimated value accurate.
Why Jewelry Appraisals Are Essential
• Insurance Protection: An appraisal provides the documentation to insure your valuable jewelry properly. Without it, your coverage may fall short, making it harder to replace or repair your piece if something happens.
• Estate Planning and Legal Needs: Appraisals clarify the value of jewelry in estate plans and legal situations. They offer transparency during asset distribution and ensure that everyone involved has accurate information.
• Resale Guidance: If you plan to sell or trade a piece of jewelry, an appraisal can help you set a fair asking price based on the item’s actual value.
What to Expect from a Bergstrom Studio Jewelry Appraisal
Bergstrom Studio’s appraisals are performed by experienced professionals who are highly trained in gemstone grading and jewelry evaluation. Here’s what makes our service stand out:
• Detailed Descriptions: Our appraisals provide a complete description of your jewelry’s materials, style, and condition.
• Precision and Expertise: With years of experience in fine jewelry, our appraisers carefully review each piece and factor in every detail.
• Clear Next Steps: We guide you through your appraisal results and help you understand how to best protect your valuables, whether you’re insuring them or storing them securely.
How to Prepare for Your Jewelry Appraisal
• Clean Your Jewelry: A quick cleaning makes it easier to see small details.
• Bring Any Documentation: Receipts or previous appraisals can provide helpful context.
• Ask Questions: If you’re unsure about any part of the process, we’re here to walk you through it.
Keep Your Jewelry Protected
Appraisals are an essential step in protecting the pieces that matter most. Whether you’re insuring a new ring or updating an old appraisal, Bergstrom Studio’s team is here to help with precision and care.
Contact us today to schedule your jewelry appraisal and take the first step in securing your valuables.
