Types of Jewelry Appraisals Preformed at your choice of location in Naples, Bonita Springs and Ft. Myers, Florida

Insurance: Most insurance companies require an appraisal before they will insure jewelry beyond a certain dollar amount. Value is determined by research of various retail outlets. Value used is retail replacement, defined as replacement with an 'identical or comparable' piece of jewelry.

Estate: This appraisal is used for inheritance tax purposes or for the equitable division of property among the heirs. The value used is fair market. Fair market value varies, depending on the article's age, condition, quality, intrinsic content, aesthetic appeal, and/or provenance.

Divorce: This appraisal is often requested either by the parties involved or their attorneys to determine the fair market value of jewelry. Valuation is based on research of the most common and appropriate market of the individual items.

Hypothetical: This appraisal is made on an item of jewelry that may not have been seen by the appraiser. The item may no longer exist (theft, fire, disappearance). These appraisals are based on information supplied by the client. There may be partial proof, such as a previous appraisal or bills of sale. Photographs, if available, will help solidify the basis of the work.

Bankruptcy: This appraisal is a liquidation value, a conversion of jewelry to an immediate cash value. This valuation is normally lower than replacement value and generally below wholesale value.

Donation: This appraisal is used when jewelry or gemstones are donated to a charity, institutions, museums, or other public institutions. IRS regulations apply. The value used is a fair market value.

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