Your appraisal will be professionally prepared to the highest
standards.
At Sawyer Jewelers, your appraisal will be performed according to
the Uniform Standards of Professional Appraisal Practice.
- Each piece of jewelry will be weighed, measured, and described in
detail.
- Gemstones will be identified, graded, measured, and their weights
calculated.
- Metal content will be determined.
- All diamonds will include a detailed description of their color, clarity and
cut.
- The internal characteristics of the stone will be diagrammed upon
request.
- Enlarged color photographs are available if needed for insurance claims,
etc. for a small fee.
- The definition of current replacement value or Insurance replacement value
will be included.
Rush, or appraisals while you wait are available at an additional fee with an
appointment.
Please feel free to contact us directly or e-mail
Denny or Theresa if you have any questions.
What exactly is an appraisal?
An appraisal is:
- A written statement, independently and impartially prepared by a qualified
appraiser, setting forth an opinion of defined value of an adequately described
property, as of a specific date supported by the presentation and analysis of
relevant market information.
- An educated, informed objective opinion of value based on a stated purpose
and function.
An appraisal is not:
- A verbal guess of price or cost on the basis of a cursory examination of an
item or a digital photograph of an item.
Are there different types of appraisals? Which kind do I need?
First, let me say that I would love to take your money but there are some
situations that do not warrant an appraisal. There are 2 basic types of
appraisals - Insurance and Fair Market Value (FMV)
- Insurance - Insurance appraisals are used for insurance purposes, usually to
determine the coverage amount on your jewelry. This purpose of this appraisal is
generally twofold: the value that is given to your pieces is used to set your
premiums, and the description is used in order to replace the piece if
necessary. Because of this, it is very important that the descriptions be
extremely detailed and specific as far as quality of manufacturing and
gemstones.
- Fair Market Value (FMV) - Fair Market Value appraisals can be used for a
variety of purposes, including liquidation, collateral, divorce settlement,
investment, estate/probate, and charitable contributions. The purpose of the
appraisal determines the market that is used to calculate the value of your
jewelry. The best way to determine which of these fair market appraisals is
right for you, is to tell your appraiser what you intend to do with the piece,
or the reason why you want to have it appraised.