Hi, Im just wondering if anyone knows somewhere in Brisbane that you can have jewellery appraised cheap or free of charge? I have quite a substantial amount of jewellery that I have inherited that looks valuable. I have no clue as to the value and I do not want to get ripped off! Some of the items are gold / white gold / silver rings with (diamonds or other precious stones, possibly?)
Jewellery Appraisal for insurance purposes
kiwimex on 16/09/2012 - 07:39
Comments
Not sure about Brisbane, but a valuer I used in Melbourne charged $65 per valuation. Just google them and ring them up to find out Howe much they charge.
My concern is to pay $65 more or lass for something thats worth $25, ill try cash converters and see how we go, failing that im taking everything to the USA next year where I can get valuations done for free.
If the bling is worth anything, make sure you document it as getting it back into oz could be a hassle otherwise.
Most valuers will be able to tell you straight away if something is worth anything and won't charge you for it. Just don't use them up by hauling in a load of stuff. That's why I figure if you go to CC, they might help you determine which pieces are worth something and are therefore worth spending money on.
I seriously doubt that the items set in silver will be worth anything. Likewise anything that is GP or GF (that would be gold filled or gold plated.)
Just to keep your expectations in check, was the person who died worth say over $5million (at least), if not, then a lot of the stuff is likely to be fake or low quality. Most people get the highest quality in their engagement type ring. The more crap they have, the more likely it is that it is not worth that much each, unless they were megawealthy.
My "engagement" ring that I got after a couple of years of marriage (after being married by a bus driver/celebrant with a ring fashioned from a paper clip) is a solitaire over 3 carats and VVS. It is my most valuable piece. The other items may have cost thousands, but are not really good investments. Bling is worse than cars. Once they leave the shop, their value plummets.
If you have items that look really great, but are not valuable, one option might be to place them in an upscale consignment shop.
For insurance purposes, you will need a comprehensive appraisal /valuation. No one will do a large number of these or even one for free. It takes time and exposes them to liability.
Forget anything made of silver. Take thebest five items to cash convertors and see what they offer. Don't sell to them. Then take the ones that seem worthwhile to an appraiser.
Or take you top five to an appraiser. And ask them which two or three are most valuable and get an appraisal on those.
An insurance appraisal will be much much higher than you would get if you sell and even more than you would get it the item was appropriately insured and legitimately lost.