If you want to insure your jewelry and watches, you need to know what they’re worth. During an appraisal, a certified gemologist or appraisal expert will inspect your jewelry, diamonds, gemstones, and watches while you wait. They’ll take into account:
- Current competitive retail prices
- Brand names, serial numbers, model numbers (for watches), identifying manufacturer’s marks on diamonds
- The karatage for gold; the stamping of the percentage on platinum
- The metal of prongs and mountings
- For diamonds and gemstones, the appraiser will evaluate the 4Cs (cut, color, clarity and carat weight)
