Gemcor’s Appraisal Guard ensures that appraisals for new and existing items have thorough gemological descriptions and realistic appraisal values.
Under current laws there is no license required to write a jewelry appraisal. Sometimes even jewelers with proper training write vague appraisals intentionally, which ensures that they will be contacted should a loss take place. Additionally, inflated appraisal values are a common sales tactic.
We established Appraisal Guard as a reliable resource for underwriters and sales agents to confirm the language and valuation of new appraisals.
Thorough appraisals include:
- Type: engagement ring, earring, bracelet, wrist watch, etc.
- Metal and color: platinum, 18 karat yellow gold, etc.
- Trademark or manufacturer name
- Construction method: die cast, custom made or handmade
- Size: mm
- Weight: pennyweight or gram
- Number of stones.
- Diamonds: The 4 C’s are indicated: cut, color, clarity and carat weight.
- Colored gemstones: hue, tone and saturation.
- Stone measurements: mm.
- If a grading system other then GIA or AGS is used, then a conversion chart is included.
- Type of setting: prong, bezel, etc.
- Any enhancements are also indicated: laser drilled, irradiated or fracture filled.
- Any hallmarks are noted
Some types of jewelry require additional information, such as pearls, opals and wristwatches. Please contact us for details.