Learn about Jewelry Appraisals

INSURANCE REPLACEMENT APPRAISAL
An insurance replacement appraisal is the type needed to properly insure your jewelry against loss or damage through your insurance company. This appraisal will give you the approximate cost of replacing the item or recreating it as closely as possible at a retail value. Therefore, the appraisal should take into consideration the current retail prices, the cost of labor, material, creative design and the precious stone market and any other factors needed to replace your item exactly. The estimated replacement costs are based only on estimates of the quality of the gems (unless specifically stated that the gems were removed and graded). Even if removed, slight differences may occur between grades given by our accredited professionals and those given by others. If outside laboratory grades are given, they will be identified by laboratory report and number ( an example is shown below with the GIA certificate). We assume no liability with respect to any action which may be taken on the basis of the appraisal.

ESTATE APPRAISAL
The purpose of an Estate Appraisal is to establish the Fair Market Value in the most common and appropriate jewelry markets, in order to provide a basis for estate management. This requires an appraisal of the cash value of an item, based on what a willing buyer and a willing seller would agree to without a forced sale at the time of the appraisal. An estate evaluation often consists of a number of pieces of jewelry, a variety of types and current condition. An estate appraisal is based on the premise that the collection is to be liquidated. Since it does not consider selling costs nor current prices for labor or creative design, this type of appraisal is normally lower than appraisals for replacement value.

APPRAISAL UPDATE
We recommend that your appraisal is updated periodically. Check annually with your jeweler or insurance agent about the necessity of updating your appraisal. This will ensure that your insurance policy remains current, and in the event of a loss, you will be covered.

IN CASE OF LOSS
When the loss of an appraised jewelry item occurs, the importance of a properly prepared, detailed appraisal becomes very apparent. The jeweler from whom the item was purchased would be the best source for accurate, quality replacement information. If replacement by the original jeweler is not possible, the next best choice would be the jeweler who does the appraisal. In any case, the preparer of this appraisal should be consulted for verification of the quality and value of the proposed replacement. At the time of a loss of your jewelry, be sure your facts are substantiated and the police are immediately notified.

JEWELRY APPRAISAL IN ERIE PA
If you have a valuable jewelry, then you might be wondering where you can go to get a jewelry appraisal so that you will know exactly how much your rings, necklaces, and diamonds are worth at a retail replacement value. In their search for answers, many people turn to reference guides and online manuals, but doing so is not always the best choice. Although you can look up the value of most pieces of jewelry online and in books, the information that you find won't always be relevant, and it can't take the condition of a piece of jewelry into account. When your goal is to get the most accurate and updated information, you can count on Dahlkemper's Jewelry Connection to get you the proper information. 

INSURANCE APPRAISAL IN ERIE PA
No matter how careful you are, you can't eliminate the risk of losing or severely damaging your jewelry. Like anything else of value, you will want to consider getting an insurance policy for your favorite pieces. However, you won't know the type of coverage you will need unless you know the exact cost of replacing a certain item from your collection. To offer the best possible service, our insurance appraisal takes the cost of the metal, diamond, and design into consideration.

ESTATE APPRAISAL IN ERIE PA
If you opt to get an estate appraisal of your jewelry collection or an individual piece, we will tell you the value of the item in question, but the cost of marketing it won't be a factor. Estate appraisals are mostly used by those who wish to liquidate their jewelry.