How much do jewelers charge for appraisals?

A jewelry appraisal can cost anywhere from $50 to $150, depending on the appraiser. In general, the average price of a jewelry appraisal is $75-$100. Some jewelry appraisers charge a flat rate per piece, while others will discount if you have numerous items of jewelry all needing to be appraised at once.

Is Long’s Jewelers legit?

Long’s has great quality jewelry and superb customer service. We got my engagement ring and both our wedding rings here, and would recommend Long’s to everyone. They made us feel so welcome and were always very pleasant. It made quite an impression, and I will always go to Long’s for my jewelry now.

How do I get a jewelry appraisal?

Often, a local jeweler, gold or diamond exchange or pawn shop near you will provide an appraisal for free, especially if you are a regular customer. Keep in mind that an appraisal is often inflated above what you might pay for the same item at a jewelry store, but can be useful for insurance or tax purposes.

How long does it take for a ring to be appraised?

One piece of jewelry will take much less time to appraise than if you have multiple pieces. Expect it to typically take anywhere from a few days to about a week depending on how many items need to be appraised. Sometimes we offer same-day appraisals, but usually only during special events or by appointment only.

Does Kay Jewelers appraise jewelry?

Do I get a certified appraisal? Every diamond and fine jewelry purchase at Kay’s Fine Jewelry (above $1000) comes with a certified lab appraisal for insurance and evaluation purposes. Jewelry pieces purchased for less than $1000 are accompanied by a detailed In-store appraisal with full listings.

How accurate are jewelry appraisals?

In the jewelry industry, it’s standard for appraisals to be inflated, usually at 100% above the retail value. In other words, the appraisal doesn’t represent the true value of the diamond ring.

Do pawn shops appraise jewelry?

You can find appraisers and jewelers near you by doing an online search. Remember that a pawn shop won’t typically offer the true value of your jewelry, but it’s good to get an idea of what it’s worth, so you know what to expect at a pawn shop (about 60% to 70% of its true value).

What should a jewelry appraisal include?

Descriptions usually cover the visible, measurable and analyzable facts about the item (weight, materials, markings). Most jewelry appraisals also describe subjective features such as gemstone quality, relative rarity and overall quality of manufacture.

How much should a jewelry appraisal cost per hour?

This is an ethical violation since the appraiser will make more money by valuing a piece higher, leaving incentive to over-inflate. Appraisal services should always be charged by the hour or a flat fee per piece. Hourly rates typically range from $50 to $150, depending on the complexity of the jewelry.

Who is David Long of long jewelers in Virginia Beach?

With over 40 years of experience in the jewelry industry, David Long founded Long Jewelers with a mission of bringing the Virginia Beach Community fine jewelry pieces of the highest quality absolutely available, and as an award-winning designer in his own right. Long is aware of what makes a jewelry item truly spectacular.

What’s the difference between jewelry appraisal and insurance?

There should be no difference between a “jewelry appraisal for insurance” and any other type of jewelry appraisal. All too often, jewelers hear, “I don’t want to pay a lot for an appraisal.

What happens if you have an incomplete jewelry appraisal?

If you have an incomplete jewelry appraisal, what you know to be your cherished jewelry may not be how the insurer interprets the brief description of your piece. Either way, you can wind up without an equal replacement for the jewelry you’ve been paying premiums to insure year after year. Kind of defeats the purpose, right?