Jewelry is a major purchase and should be insured like other valuable items. The first step is to have your jewelry appraised by a qualified In Residence Trained Gemological Institute of America Graduate Gemologist as well as an American Gem Society Certified Graduate Gemologist. Our appraiser has the educational and gemological background to provide you with an accurate appraisal that can be submitted to the insurance carrier of your choice. Your jewelry deserves protection and security. You deserve peace of mind.
Common Questions abut Jewelry Appraisals
1. Why do I need current appraisals for my jewelry?
By far, the most important reason is for insurance purposes. Over the years, the value of your jewelry and gemstones can fluctuate greatly. If your last appraisal is over two years old it may be out of date and, as a result your jewelry could be insured for less than its current replacement value. That means you risk a substantial financial loss if your jewelry is damaged, lost or stolen. For your protection, it is recommended you have your jewelry appraised every one to two years. Troy Vinson Jewelers will provide you with accurate appraisal reports based on current market values so you can obtain adequate insurance coverage of your choice.
2. I have homeowner’s insurance. If I lose my jewelry, am I automatically covered?
You are NOT covered for loss or damage unless you have your jewelry appraised and scheduled separately. Troy Vinson Jewelers will carefully document your jewelry piece by piece so you can have it properly scheduled.
3. What is included in a Troy Vinson Jewelers appraisal?
Each Troy Vinson Jewelers appraisal includes a complete appraisal report for your records. The appraisal contains such information as:
A) A detailed description of gemstones and diamonds with carat weight, cut, clarity, color and measurements.
B) A the content and weight of precious metals.
C) A photo of each piece.
4. Do I need to make an appointment for an appraisal?
Yes, it is necessary to schedule an appointment. This helps the appraiser to set aside the valuable time necessary to perform your appraisal in a precise manner and provide a time for you to pickup your items.
5. Do I have to leave my jewelry with you to be appraised?
Yes, to help ensure your jewelry to be appraised correctly we will clean and check each piece. This will ensure correctness of measurement and color of stones for accuracy.
6. How much should I expect to pay for an appraisal?
Troy Vinson Jewelers charges a flat fee per item per appraisal. This fee is based on the time necessary to perform all tests, take measurements and photograph each piece of jewelry. The fee is $85.00 for one piece and each additional piece when taken in as one appraisal group is an additional $45.00 per piece. Fees are not determined by the value of the jewelry taken in for appraisal.
In Residence Trained GIA Graduate Gemologist are rare, and an exclusive group. They earn the most prestigious credentials in the industry. In Residence Trained GIA Graduate Gemologist hold the comprehensive knowledge of diamonds and colored stones needed to evaluate your jewelry and create an appraisal that is accepted by most insurance companies in the world. We are very fortunate at Troy Vinson Jewelers in that our Graduate Gemologist has degrees not only from the In Residence training from the Gemological Laboratory of America located in Carlsbad California but degrees from the American Gem Society. The C.C. initials behind our appraiser’s name means they must adhere to the American Gem Society’s code of ethics and are required to re-certify their title or designation each year. A Certified Gemologist has taken advanced studies in diamonds and colored gemstones. ACG also demonstrates mastery of diamond, gemstone, and precious metal testing procedures.