Jewellery Valuation Service | Goldsmiths (2024)

We hope no harm ever comes to your treasured possessions but it’s important that your items are insured, just in case you ever need to make a claim. Touch wood.

At Goldsmiths, we can arrange your valuation for you. Our experts examine your jewellery and provide a written valuation that acts a legal document you can use for insurance. We’ll take digital photographs, note any distinguishing features and write a full description of each item. This makes it much easier to identify your jewellery if it’s even lost or stolen.

Many jewellers charge a percentage of your jewellery’s value to provide a valuation, but we charge a simple fixed fee so you’ll know how much the service costs before you agree to it.

At Goldsmiths, we work closely with our independent, expert jewellery valuation partner, SafeGuard, to ensure you get a reliable and accurate valuation, provided by the UK’s most experienced and qualified valuers.

SafeGuard is a division of the Birmingham Assay Office, a not for profit organisation that has been providing protection for traders and consumers for over 235 years. SafeGuard doesn’t sell jewellery. Their experts spend all their time reviewing retail prices and carrying out valuations and can therefore provide you with an unbiased but accurate value for your treasured item.

You may require a valuation for a number of reasons; the most common is that your insurer requires one to provide adequate insurance cover for your watches and jewellery. Other reasons include probate, private sale or just for personal interest.

To find out more about our valuation service, or to make an appointment, please use our showroom locator to contact your nearest showroom. We also host Valuation Days in our showrooms. To check upcoming dates, please visit our Valuation Days page.

*In accordance with the Data Protection Act 1998, your details are kept entirely confidential and can only be released to the police or your insurers with your permission.

Jewellery Valuation Service | Goldsmiths (2024)

FAQs

How much should a jewellery valuation cost? ›

Valuation fees
DescriptionCost
Tier One (Standard watches & jewellery) Standard diamond/gem set items:£70.00 each
Standard watches: (TAG, Breitling, Tudor, Omega etc)£70.00 each
Tier Two (Premium watches & jewellery) Premium diamond/gem set items: (Single diamonds between 1.00 & 1.30ct)From £100.00 each
6 more rows

How can I find out what my jewellery is worth? ›

1. How much is my jewellery worth?
  1. The NAJ's Institute of Registered Valuers (IRV) is the 'go to' appraisal body to find out how much your jewellery, watch or silverware is worth. All IRVs abide by the NAJ's Principles of Best Practice for Valuers.
  2. Find a Valuer.
  3. Find a Valuer.
  4. Find a Jeweller.
  5. Find a Valuer near you.

Are jewellery valuations free? ›

Some valuers charge per item, and some will charge per job, and some will charge a percentage of the jewellery valuation, or a combination. In addition, ensure that costs have been factored including VAT.

How long does a jewellery valuation take? ›

Most appraisals, including cleaning, gem testing and photography of under 10 items can be completed in 2-3 working days, although it may be as long as a week or even 2 to schedule-in a mutually convenient time. On some occasions additional research may be required, extending this timescale.

How much does a jewellery valuation cost? ›

Jewellery valuation costs can start from $100 per item, this can vary based on the complexity and type of jewellery being appraised. – Accuracy: A professional appraisal provides an accurate assessment of your jewellery's worth.

Is it worth getting jewelry appraised? ›

Appraisals can be valuable to have, especially when it comes to purchasing insurance and inheriting heirlooms. Read through our guide below learn more about appraisals, how to get started and where to find a trustworthy appraiser.

Who can tell me what my jewelry is worth? ›

A certified appraiser will be able to provide the value of the piece as well.

Is there an app to appraise jewelry? ›

ALL ABOUT THE APP

Diamond Valuer was created to explain the process of valuing a diamond ring to you and give you an estimated value of your ring based on that information.

Is there an app for valuing jewellery? ›

The AcuVal App is a convenient platform used buy valuers and jewellers to create an accurate valuation, for a piece of Jewellery with a repeatable standard.

Where is the best place to get jewelry valued? ›

You can locate an appraiser in your area by visiting the following websites, listed here in alphabetical order:
  • Appraisers International Society (AIS)
  • Association of Independent Jewellery Valuers.
  • International Society of Appraisers.
  • Jewelry Judge.
  • National Association of Jewelry Appraisers.

Why is jewelry appraisal so expensive? ›

Insurance appraisals are generally more expensive because they must be done by a certified gemologist and include a more detailed report. On the other hand, resale appraisals do not require such a detailed report and can often be done by a qualified jeweler at a lower cost.

How do you determine the fair market value of jewelry? ›

When appraising for fair market value, you would take into account a combination of factors, including:
  1. Recent auction records.
  2. Secondhand market information.
  3. Relevant price guides.
  4. Information from stores selling similar items.

What is the best way to get jewellery valued? ›

Most jewellers outsource professional valuations so check with the retailer, but be prepared to wait 3-4 weeks for your valuation. Attend a valuation day. Many high street jewellers hold regular valuations days. These can be very popular so remember that you may need to make an appointment in advance.

How do you know if the jewelry appraiser is trustworthy? ›

Check for certifications from reputable organizations like the Gemological Institute of America (GIA), the American Gem Society (AGS), or the International Society of Appraisers (ISA). Additionally, consider the appraiser's experience, expertise, and reputation. Read client reviews and ask for references.

How much does it cost for a jewellery valuation? ›

Our valuation prices are £59.95 for the first item, and then £29.95 for each item after that.

How to estimate jewelry value? ›

Factors to Consider When Determining the Value of Estate Jewelry
  1. Maker. The maker of estate jewelry is an important factor to consider when determining its value. ...
  2. Materials. ...
  3. Demand. ...
  4. Market trends. ...
  5. Identify jewelry stamps. ...
  6. Test the metal. ...
  7. Examine stones and settings. ...
  8. Seek assistance from a jewelry expert.
Aug 2, 2023

What is the fair market value of jewelry? ›

The fair market value would be a realistic price at which you could sell the set. The fair market value definition modifies the traditional definition slightly. The price a willing seller and knowledgeable buyer are likely to agree upon in their local marketplace is the fair market value.

Is appraised value the same as market value for jewelry? ›

But remember, an appraisal is just an estimate, often for an insurance plan. On the other hand, an evaluation is the resale value– what a pawn shop believes it can sell the merchandise for to a willing buyer. This is based on the market value of the diamonds and precious metals that make up the jewelry piece.

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