What is a jewelry appraisal?

A jewelry appraisal is an objective, unbiased, fully researched estimate of quality and value of a piece of jewelry. It is the opinion of the jewelry professional valuer supported by his/her experience, education, training, skills and gem equipment.

First the appraiser must determine what the intended use of the jewelry appraisal is. Then, determine the most appropriate market in which to estimate the value, i.e.: estimate the value for replacement or reproduction, or the fair market value which includes liquidation, auction, casualty damage and scrap to name a few, for example .

There are both monetary and non monetary types of jewelry appraisal reports.