Insurance Appraisal Retail Replacement Value
This report is most commonly referred to as an insurance appraisal. This type of report is necessary for insuring your items against loss or damage. The accuracy and detail included in this report make it possible to identify or have exact duplicates recreated of these precious items should they ever be lost or stolen.
This type of appraisal is required whether you are an executor, a law firm, a guardian, or an accounting firm in order to represent the client’s best interest. We recognize that these personal items have an invaluable sentimental or emotional attachment and consider all aspects of the comfort level of the owner.
Dissolution of Marriage
This is a fair market value report for an equal division of common property.
This report expresses the difference in value resulting from damage and estimates the cost of the removal, re-cutting, and resetting of gemstones, the value of the re-cut gemstone (after the loss of weight), as well as repairing or replacing mountings.
This appraisal is needed when an owner decides to convert jewelry into immediate cash by selling the items.
This report is for a client who brings in a jewelry or gemstone item to verify its identity and/or quality as claimed by the seller. Comparison appraisals usually reflect the item at its most common retail replacement value.
Donation / Gift
These reports are based on fair market value and are necessary for tax deductions of donated items.
U.S. Customs officials may ask for proof that an item of jewelry was not purchased in a foreign country from which an individual has just returned.
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