Valuations
Much of the general public rely on Valuation Schedules which have been prepared by those untrained in the principals and practices of appraisal and valuation work. Essential information is often written in an ambigous way. Measurements, which would identify an item positively, are often omitted.
To redress this problem, Christopher became an ethusiastic founder member of the N.A.G. Registered Valuer’s Scheme in 1988 (RV 29288).
He was delighted at the reception given by the National Press as a 'welcome step forward in consumer protection by the jewellery industry’.
Two customary reasons for seeking the appraisal and valuation of jewellery are :
1. Insurance :
To secure insurance or to update an existing insurance policy
Any valuation that is over five years old is very much out of date and is likely to need reviewing.
Our comprehensive and confidential Valuation Service provides :
- An up to date schedule
(with full item description & current replacement values)
- A photographic record
- A full cleaning service
2. Probate : To facilitate sale or division of property following a death
This valuation is based upon the prices which the jewellery would have realised if sold at the time of death. As this does not take into account the current cost of labour, materials or tax, but only the current secondhand market situation, the figure stated will be considerably lower than that for insurance purposes.
In addition to valuation for probate and insurance purposes we can help prepare estimates for repair/replacement post loss insurance letters for stolen, lost or damaged jewellery based upon our records (if made by us), history of the item and or photographic evidence provided.
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