What is a jewelry appraisal?
A jewelry appraisal is a written professional estimate of the quality and value of an item of jewelry or gemstone. It is an opinion of the value based on the appraiser’s expertise, research and gemological instruments used.
The details of the item contained within an appraisal document are most important as they help justify the final estimated value.
A Replacement Value Appraisal for the purpose of insurance is one type of appraisal where the precise details of the description are very important in order for the article to be properly replaced in the case of a loss.
How should a consumer choose an appraiser?
Canadian Jewellery Association (CJA) recommends that you select an appraiser who is a Certified Appraisal Professional-CJA (CAP). CJA is the national jewelry trade association respected for promoting awareness, understanding and education within the jewelry industry. A Certified Appraisal Professional must adhere to a high level of professionalism and Code of Ethics laid out by the CJA.