There are many reasons why you should utilize a jewelry appraisal from your local jeweler. The most obvious reason is for insurance purposes. When you get your finer pieces of jewelry appraised, you will have a detailed description of how much it is worth. Not only do you know the exact value of your piece, but you will also know every treatment and alteration performed on the diamond. In our unsure world, it is likely some people will try to pull a fast one on you. When seeking a jewelry appraisal, it is wise to go to a trusted professional whose name holds much credit in the jewelry industry.
Having an appraisal on hand with your insurance company also provides proof of ownership. If someone breaks into your house and your jewelry is stolen, your insurance company will have evidence that you owned the jewelry. This way, you can be reimbursed for the value of the item. Although it will not be the original piece, you will be able to replace it with something equally charming.
Another reason why some people request an appraisal is when a lady wants to know how much her man spent on her diamond engagement ring. Although this may sound petty, it actually is not a bad idea. If you get divorced, you will more than likely want to get rid of the diamond that reminds you of him. By receiving an appraisal, you will know exactly how much the jewelry is worth so you can get a fair trade for it.