Appraising Jewelry: Process, Costs & Tips

Having Jewelry Appraised: When and Why it's Worthwhile

Having jewelry appraised – this is useful for sales, insurance, or inheritances. But how does a professional jewelry appraisal work, what does it cost, and what should you look out for?

When is a jewelry appraisal useful?

• Before selling: To know the fair market price
• For insurance: Home contents insurance or separate jewelry insurance require proof of value
• For inheritances: For equitable distribution among heirs
• When purchasing: To avoid overpaying
• In case of divorce: For fair asset division

Who is allowed to appraise jewelry?

• Publicly appointed and sworn expert: Highest authority – appraisals recognized in court
• Certified Gemologist (GIA, DGemG): Specialist for gemstones
• Jeweler with master craftsman's certificate: Sufficient for simple appraisals

What is evaluated during an appraisal?

• Material value (gold × fineness × gold price)
• Stone quality (4Cs for diamonds, color/clarity for gemstones)
• Craftsmanship and design
• Brand or signature (e.g., Cartier or Tiffany)
• Provenance and history
• Condition and need for restoration

Two different values

• Replacement value: What would an equivalent piece cost new today? (For insurance)
• Market value / Fair market value: What is paid on the open market? (For sales and inheritance)

Costs

• Simple appraisal by a jeweler: €20–50 per piece
• Official appraisal with certificate: €50–200 depending on effort
• Annual appraisal for insurance purposes: Flat rates possible

At Corélune, you buy jewelry with complete quality documentation – this significantly simplifies future appraisals and insurance.