With three main types of jewelry appraisals

Our experienced jewelers can give your jewerly an appraisal on the spot!

Jewelry Appraisals in Kansas City

Fine jewelry is an investment. Make sure that investment is protected by having a jewelry appraisal performed. Kansas City jewelry store The Diamond World provides fair and accurate jewelry appraisals on all types of jewelry, with or without gemstones.

The Diamond World will provide you with a detailed, written description of your jewelry item. The jewelry appraisal will verify the authenticity of the piece, as well as include all characteristics relevant to determining the actual monetary value, including weights, grades, measurements, components, design, and quality. The Diamond World is certified by the Gemological Institute of America (GIA).

Main Types of Jewelry Appraisals

The jewelry insurance appraisal is the most common type of jewelry appraisal. Most standard home owner’s or renter’s insurance policies set limits on coverage of jewelry, both in the amount covered and the types of loss covered. A typical homeowner’s policy will only cover jewelry up to $1,000 and only cover loss from theft. For this reason, most people with jewelry of value choose to add an additional rider to their policy or purchase separate jewelry insurance. Insurance companies require an appraisal of the jewelry in order to take out this extra coverage.

The jewelry insurance appraisal protects all parties involved. It gives the insurance company an accurate value for the jewelry so that they don’t insure it for, and potential pay out, more than the piece is worth. It protects the owner by making sure that in the event of a loss, they get a fair settlement. Without an appraisal, the insurance company may estimate on the low side and pay less than the jewelry is actually worth. An accurate jewelry insurance appraisal allows for claims to be paid more quickly and easily.

Because market values are constantly changing, The Diamond World suggests you have a jewelry insurance appraisal performed every two years to ensure your jewelry is adequately insured in the event of a loss.

Estate Jewelry Appraisal

An estate jewelry appraisal is used for the purpose of determining value as part an estate settlement or as part of a divorce settlement.

Fair Market Value Jewelry Appraisal

A fair market value jewelry appraisal is used to ensure accurate value of jewelry prior to purchase.