Ben David Jewelers holds monthly clinics for jewelry appraisals for insurance purposes. These are appraisals that you need to have done every couple of years in order to provide proof of value to an insurance company in the case of loss or theft. Ben David Jewelers also does Fair Market Appraisals when you need to determine the current value of an item when you are pricing it to sell.
Appraisals are done by a certified Jeweler that will grade the gemstones, give a detailed description of the gems, the mounting and the weight of the mounting, record all the weights, grade and measurements for the item, and take a photo of the gemstone that can be used for identification purposes.
While a receipt for what you paid for the jewelry is helpful, an appraisal will be necessary if you need to seek reimbursement from your insurance carrier. Your ring, bracelet or pendant might have a far greater value than what you paid due to the fluctuation in the metals and gemstone markets. Stop by or give us a call to find out when the next jewelry appraisal clinic is scheduled.