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Appraisal Report… Why it is useful

Appraisal Report… Why it is useful

We have discussed what an appraisal report is and why it is so essential for your physical investments such as jewelry, watches and the like.


We now discuss information included in an appraisal report/Certificate.


Individual entities may have in-store lab-certification.


Internationally, GIA, IGI and SGL certification are highly regarded as trustworthy as their grading is consistent and reliable.

 

Certification is an authentication report with precise information about the jewelry/watch being appraised.

Most certification is done for diamonds but authentication of gemstone is also considered essential.

An appraisal report will include:

- Design of jewelry

- Gemstone/Precious stone

- Metal used, setting of stones

- Any engravings/hallmarks

- Weight and purity of metal used

- Weight and grade of gem/precious stones used

Number, Cut, Clarity, Color of gem/precious stone

All tests performed to check quality

- Value of jewelry at time of purchase

Details of the appraisal report will be as precise as possible to identify the jewelry/watch.

Appraisers may include terms, conditions and clauses that protect from any liability.

This information is for the benefit of the retailer, insurance agency and most of all, for the client who has made the purchase , to avoid fraud and indispensable for insurance purposes.