FAQ — Northern Virginia Jewelry Appraisals

Question 1

What is a jewelry appraisal?

Accepted Answer

A jewelry appraisal is a professional written document that describes a piece of jewelry in detail and assigns it a monetary value for a specific purpose — such as insurance replacement, estate settlement, or fair market sale. It is prepared by a certified appraiser using recognized gemological standards.

Question 2

How long does an appraisal take?

Accepted Answer

The in-person examination typically takes 30–60 minutes per item, depending on complexity. The written report is usually delivered within 3–5 business days. Rush service is available.

Question 3

What should I bring to my appointment?

Accepted Answer

Bring the jewelry you'd like appraised, along with any existing documentation — previous appraisals, receipts, certificates (such as GIA reports), or any other paperwork you have. This helps us provide the most accurate valuation.

Question 4

Do I need to leave my jewelry with you?

Accepted Answer

No. In most cases, we examine your jewelry during your appointment and return it to you the same day. The written report follows within a few business days.

Question 5

Will my insurance company accept your appraisal?

Accepted Answer

Yes. Our appraisals are accepted by all major insurance carriers, including State Farm, Allstate, USAA, Chubb, and others. We follow USPAP (Uniform Standards of Professional Appraisal Practice) guidelines.

Question 6

How often should I update my jewelry appraisal?

Accepted Answer

We recommend updating insurance appraisals every 2–3 years, or after any significant change in the jewelry market. Gold, diamond, and gemstone prices fluctuate, and an outdated appraisal may leave you underinsured.

Question 7

What's the difference between replacement value and fair market value?

Accepted Answer

Replacement value is what it would cost to replace a piece with a comparable item at retail today — this is typically used for insurance purposes. Fair market value is the price a willing buyer would pay a willing seller — used for estate, tax, and sale purposes. We can provide either type.

Question 8

Can your appraisals be used in probate court?

Accepted Answer

Yes. Our appraisals are prepared in compliance with USPAP standards and are accepted by probate courts, estate attorneys, and the IRS for estate tax purposes.

Question 9

What if I'm not sure what jewelry is in the estate?

Accepted Answer

We can help. We'll work with you or your attorney to inventory and appraise all jewelry items in the estate, providing a comprehensive report suitable for legal and financial purposes.

Question 10

Why is your fee not based on the value of the jewelry?

Accepted Answer

Ethical appraisal standards (USPAP and ASA guidelines) require that fees be based on time and expertise, not on the appraised value. Percentage-based fees create a conflict of interest and are considered unethical in the appraisal profession.

Question 11

Do you buy or sell jewelry?

Accepted Answer

No. We are an independent appraisal service only. We never buy or sell jewelry, which ensures our valuations are completely objective and free of any conflict of interest.

Question 12

Do you travel to clients?

Accepted Answer

In some cases, particularly for large estates or clients with mobility limitations, we can arrange an on-site visit. Please contact us to discuss your situation.

Frequently Asked Questions

The Appraisal Process

Insurance Appraisals

Estate & Probate

Pricing & Logistics

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