Additional

Jewellery Valuation Service in Winchester

Items of jewellery are precious and need insurance to protect them, but of equal importance is a professional valuation detailing the pieces and confirming how their value has been determined.

Keeping you covered

Why use our jewellery and watch valuation services?

The cost of replacing a piece of jewellery will change over time. For example, 20 years ago, you may have bought a diamond ring for £150, but to buy the same ring today may cost £1,500 or more.

To make sure you are fully covered by your insurance in the event of loss or damage, it is important to know an up-to-date value for your jewellery.

The size and quality of stones, as well as the weight and purity of precious metal can all affect the prices of your jewellery, and this is why it is so important to have a professional valuer assess your jewellery and document its value regularly (we advise every 3-5 years).

What to expect

At your valuation

When attending your appointment at our jewellery valuation service in Winchester, you’ll discuss with your valuer how you would replace your items if they were to be lost. This is fundamental to the type of valuation produced.

For example, a recent purchase from a current brand might be based on the New Replacement Value (NRV), whereas a second hand or antique item’s value would depend on where it was bought and how it would be replaced. Here, a Second Hand Replacement Value (SHRV) or Antique Replacement Value (ARV) would be more appropriate.

Your valuer will also confirm how often your items should be re-valued. The values of precious metals and gemstones can fluctuate enormously, and regular valuations help to make sure you are insured for the correct amount.

Learn about…

Different Types of Valuation

Our jewellery valuation service in Winchester offers several different types of valuation which we’ve listed below. You’ll also find details for how to book, and what you need to bring when you’re having your items valued with us.

Insurance Valuation

One of the most common valuations given by jewellery valuation stores, an insurance valuation is compiled on the basis of what a similar item would cost to replace in the event of loss or damage. The figures represent average retail prices in the usual, local market.

The description will be full and detailed enough to enable an item of similar, but not identical, quality to be obtained in the event of a claim being submitted to your insurer. However, for a handmade facsimile item, you would require a facsimile valuation and facsimile insurance.

Probate Valuation

A valuation for probate purposes may be required upon the death of the owner of the jewellery, in order to be submitted to the legal representatives of the estate. Possible liability for inheritance tax may result.

A probate valuation from our jewellery valuation service in Winchester will result in much lower values than an insurance valuation, as they’re based upon an open market assessment of the item’s worth at the time of the deceased’s passing. The schedule will also be less descriptive than for insurance.

Facsimile Valuation

This is an insurance valuation given by jewellery valuation stores for the reproduction of an identical replica using the same quality of materials and craftsmanship as the original item.

This will take extra research to provide you with the correct information, so the charges will be slightly higher. Your insurance company are likely to charge you a premium.

‘Valuation’ to Sell

Not a formal valuation as such, but a no-charge service offered by our Jewellery valuation service in Winchester.

Bring your jewellery in to our independent showroom and you can get a free consultation to see if it’s something Jeremy France Jewellers would like to sell in their pre-owned window. If so, we’ll make you an offer will which you have no obligation to accept.

Please see our selling jewellery page for more information.

Private Sale Valuation

This type of valuation applies when you wish to sell an article of value to an individual privately, and need to know what would be a reasonable price to ask for it.

In this ‘willing buyer/willing seller’ situation, our Jewellery valuation service in Winchester will take into account many factors affecting value, but ultimately provide a figure that is reasonable for both parties.

Divorce or Family Division

This class of valuation is for assessing the worth of the couple’s assets for consideration by the courts. Our jewellery valuation store will usually charge a lower fee than for an insurance valuation.

Making your appointment

How to Book

Jewellery will show normal signs of wear and tear over time, just as your car does. As a car needs replacement tyres, rings may need plumper claws and small adjustments.

All valuations given by our jewellery valuation store, except ‘valuation to sell’ appointments, must be booked in advance, with a deposit paid to ensure we don’t overbook our valuer’s time.

You can book your jewellery valuation by calling the store on 01962 869110 and paying the deposit over the phone.

Jewellery Valuation for Insurance – More Information

For information about making an insurance claim, or using a gem card in store to repair or replace your jewellery, visit our services page.

What To Bring To Our

Jewellery Valuation Store

When having your items valued, we request that you drop off your jewellery at our jewellery valuation service in Winchester a few days before it’s due to be valued. This allows us the opportunity to clean, polish and check the safety of your jewellery.

Items such as watches, opals and pearls cannot be cleaned by our jewellery valuation store, but alternative arrangements can be made if required.

Please make sure you bring all of the following to your appointment:

Any stone or jewellery certificates
Any receipts of purchase
Any previous valuations
Any watch boxes or paperwork

If these items are not brought in ahead of the valuation date then a re-print charge for amendments will be incurred. At the time of leaving your jewellery, our jewellery valuation store will also ask for:

  • Your declaration value for listed items in your insurance policy
  • The year and country of purchase for each item.

In the instance of probate valuations, the name, address and date of death for the deceased must also be provided.