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.
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).
When attending your appointment you’ll discuss with one of our experienced team members 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.
We 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.
Speak to one of our team today to book your valuation