At a glance
  • Whether you already have expensive jewellery or are about to buy, it is important that you are adequately insured
  • With gold proving to be volatile and labour costs steadily rising, a full re-appraisal every three to four years is recommended
1st April 2015

Lark's guide to jewellery valuations

A Guide to Jewellery Valuations

The first step to ensure your jewellery has been adequately insured is to obtain a specific and individual valuation report on your items. 

The valuation should be done by an experienced valuer who will examine and appraise your jewellery providing a written opinion on its authenticity, composites and quality.

 The valuation provides:

  • The value

  • The description with photographs

  • The details – data on the items and judgemental assessments

Factors which establish the value include:

  • The quality, origin and carat weight of the gemstones

  • The type of metal whether it is platinum and the fineness of the carat of gold

  • The Four C’s of diamonds: Carat, Colour, Clarity and Cut

  • Provenance and age – antique, period, modern and contemporary

  • Fashion and contemporary signed pieces such as Cartier and Tiffany

The description, photographs and data on the items provide:

  • The documentation necessary to the insurers in the settlement of a claim, not only in the event of loss or theft, but also if a partial repair or replacement is required.

  • The necessary information to aid recovery of the item, in many cases jewellery is very personal and sentimental.

One relevant factor of some significance in valuation work is the fluctuation of the US dollar (in which bullion, diamonds and other gemstones are traded worldwide). With gold proving to be volatile and labour costs steadily rising, a full re-appraisal every three to four years is recommended.

It’s essential the valuation is from a competent valuer and it’s your responsibility to establish a valuer’s competency.  If you are interested in obtaining a valuation for your jewellery, or would like advice on the cover you currently have, please feel free to contact Lark.