Estate and probate Appraisals
Have your jewelry appraised at our Appraisal Lab to discover its true market value
Jewelry Estate Appraisals
Estate Appraisals can be used to determine the overall value of your personal items. Whether you have old jewelry that you are looking to resell, or have recently inherited a number of items, we can help determine market value for those pieces.
Our expert appraisers will review and evaluate your piece for a quick and comparative return. Just fill out the form and we will do the rest.
Probate Appraisals
Valuation reports follow the high standards set by Canada’s IFRS 13, which defines market value as the price that would be received to sell your jewelry pieces in an orderly transaction between market participants at the measurement or valuation date.
To determine market value or measurement, the IFRS requires that any Appraiser determines/verifies:
- the piece being assessed either as a stand-alone gem stone or within a setting
- the marketplace a piece will be bought or sold
- the best valuation technique
Inheriting Jewelry
It’s common that people will inherit jewelry from parents, grandparents, and other relatives. Challenges and difficulties arise when the inheritance needs to be split amongst siblings and other parties.
It’s also important to consider the tax implications and capital gains if you eventually sell those items on further. Read more about this in out FAQ section.
An Estate Appraisal carried out by a trusted, experiences Gemologist is the best way to determine the value of your Estate’s Jewelry.
Fair Market Value
Fair Market Value is defined is “The prices at which the property would change hands between a willing buyer and a willing seller, neither being under and compulsion to buy or sell and both having a reasonable knowledge of the relevant facts”
Book AppraisalHonest Valuation
The market place in which such property is most commonly transacted is also an important factor when considering Fair Market Value. Auctions are considered an important market place for buying and selling pre owned jewelry and are commonly used as a resource for determining an items FMV.
In order to properly assess the Fair Market Value of an item, one needs the skills and technical knowledge of a Gemologist and experience in the retail and secondary jewellery markets.
Where is Fair Market Value used?
Fair market value is used in making appraisals for:
- Estate
- Divorce
- Probate
- Donation
Why Choose Imperial Gem Lab to Appraise
your Estate’s Jewelry?
IGL experience and skill maximizes observation points and is completely versed in the most relevant elements of market pricing. One of these critical elements is ‘the principal market’ or where there is the greatest volume and level of activity for your piece to be bought or sold.
The other is ‘the most advantageous market’, which is where your piece would receive maximum value after taking into account transaction costs and transport costs. (Reference: frascanada.ca)
You can be confident that IGL and Harold Lindsay have all that covered for you with cutting edge technology and acclaimed experience!
