Mostly done for insurance coverage purposes but also estate, proof of ownership, travel security and your peace of mind. Most insurance companies require an appraisal for coverage and will require an updated appraisal every two to three years. With the changing metals, diamond and colored stone pricing it is a good idea to follow the every two year guideline. When updating, the jewelry must be inspected by the appraiser before an appraisal can be done.
Why does Reigning Jewels Fine Jewelry have an independent appraiser?
Over the last few years, the technology of gemstone creation, treatment and enhancement has so excelled that keeping up with all of the changes requires someone that specializes in gem identification and evaluation. This specialized profession takes many hours of class and lab time to keep up with our ever changing industry. Many insurance companies are also requesting appraisals done by graduate gemologisst/certified jewelry appraisers. In keeping with our commitment to offer this quality service, we felt it necessary to have someone available with the necessary qualifications to offer professional jewelry appraisals to our customers.
When are they done?
Call to make an appointment or we can notify you prior to our scheduled appraisal day between the hours of 10:00 am and 2:00 pm. Appointments can be made if you prefer to have it done while you wait or you will need to drop you items off at the store before closing time the day before the appraisal date. This way we can be assured that the Appraiser will have work to do and gives time to properly clean the jewelry for accurate evaluation. All jewelry left for appraisal can be picked up by the end of the business day.
WHAT IF MY DIAMOND IS CERTIFIED?
If your Diamond is certified through a recognized gem lab it is important to have this information at the time of the appraisal. Please bring this with you when you drop off your items for appraisal. Your information will be returned to you.
CAN I HAVE A "WHILE I WAIT" APPRAISAL DONE?
Yes, an appointment must be scheduled in advance and 50% deposit made to hold the appointment. Call the store to set up an available appointment times.
HOW SOON CAN I GET MY APPRAISAL?
The actual written appraisal will be available when you pick up your jewelry.
WHAT IS IN THE APPRAISAL DOCUMENT?
The appraisal document consists of the physical appraisal pages for all the items appraised, which is wrapped in the document cover and placed in its plastic sleeve. An appraisal document can contain one or several items. Each item will be on a separate page and have a separate detail summary, photograph, specifications and price. All appraisal documents are done in duplicate, one to go to the customer and one copy for your insurance agent. The appraiser retains a digital file and we keep a copy on file in our store.
ABOUT THE APPRAISER
Our appraiser is J. Miles Dowd, Graduate Gemologist, Member of The National Association of Jewelry Appraisers, Member of the Gemological Institute of America. Mr. Dowd has 16 + years of appraisal experience in all types of jewelry evaluation from retail replacement and fair market value to scrap and liquidation.
WHAT IF I HAVE A QUESTION ABOUT THE APPRAISAL AFTER I RECIEVE IT?
Please call our store at (903) 904-5048 to set up a time to consult with our Appraiser.
New Appraisals - $120.00
If a piece is intricate the appraiser will charge by the hour. We can give you an estimated time frame after he has a chance to assess the piece.
Lost Appraisal Replacements:
Re-prints are $25.00 for lost or misplaced appraisals with no changes needed.
Reigning Jewels Fine Jewelry 909 East Tyler Street, Suite 111, Athens, TX 75751 (903) 904-5048