619 286 6614
Do You Need an Appraisal?

Are You Sure You Need An Appraisal...?

It’s important to identify your purpose for obtaining an appraisal of your jewelry, watches, or other valuables. Some scenarios will require a formal written appraisal, and some will not. We can help you to determine whether or not a written appraisal is appropriate in your case.


When it comes time to sell an item from your collection, it generally isn’t necessary to get a formal appraisal in order to sell jewelry and watches. Most reputable jewelry buyers are experts at determining current market value for your valuables. However, if you would feel more comfortable with a third opinion, our appraiser can help you to determine a fair market value for selling your valuables.

Insurance Appraisal

For many insurance companies, in order to properly insure your valuables, you will need a written appraisal from a professional. The appraisal presents detailed information about the pieces (description of piece, carat weight, quality, and measurement of gemstones, karat and weight of precious metals, brand logos and other markings, etc.) and their retail replacement value in case of loss.

If the worst happens, and your jewelry or luxury items are stolen, lost or damaged, having up-to-date appraisals on your collection makes the insurance claims process quick and clean. Assessments establish the craftsmanship as well as the accurate replacement value for your insurance providers to use when processing claims.

We recommend updating your insurance documents:

  • When an item is sold out of your collection.
  • When an item is added to your collection.
  • Every 3 to 5 years to ensure accurate retail replacement value.

Estate Appraisal

If you are an executor of a will or trust, or working with an attorney or bank executor, an appraisal is often needed for equitable distribution purposes. If you are inheriting valuables, or the estate is subject to federal estate tax, a detailed report will be required to establish the fair market value for each item. 

Jewelry appraisals are relatively affordable, usually from the $75-$150 range, depending on the number of items being appraised and the location of the goods.

If you haven’t had your appraisals updated recently, or need an appraisal for a new addition, give us a call! Our skilled appraiser is available by appointment only and can be reached at 619-286-6614 or appraiser@sdgemlab.com.