Appraisals

If you have a loss JEWELRY APPRAISALS ARE required to be on file by all insurance companies before the item is lost, damaged or stolen.

We evaluate your items in front of you, no need to leave your items here to wait days or even weeks for an appraisals here, we have a qualified appraiser on staff as well as a GIA Graduate gemologist to authenticate your gemstones and diamonds in front of you while you watch and wait.

Assuming that your jewelry is covered under your homeowner’s policy is a bad idea! All insurers have a limit for what they will payout on a single item, items over that limit are covered under separately purchased policies which also need a documented evaluation appraisal. e based on jewelry appraisal values.

This means you must keep your jewelry appraisals up-to-date every 5 years is a standard. With inflation and the fluctuating prices of gold, silver and platinum it is best for you to see an appraiser on a regularly scheduled basis. Using the same appraiser can be helpful as they keep records and often times photographs of the items they evaluate.

Having your items insured with a current up to date appraisal is the only way to ensure that if your jewelry is lost, damaged, or stolen that you will be adequately compensated to replace it. In this market, we recommend appraising your jewelry no less than every five years. It is particularly important that appraisals have pictures of the items so they may be better identified if found. We offer pictures of all items evaluated by our appraisers.

Nobody wants to think about the loss of a cherished jewelry item or heirloom. Many instances can occur and your insurance will also cover damages or the loss of a part of the item, so this is where photographs of your jewelry comes in very handy.

About their favorite fine jewelry getting lost or stolen, but if the worst happens

Our independent jewelry appraisals include a photo and a detailed description of the item, including identification of the gemstones, metal composition, grade and weight of the stones, the fineness and weight of the precious metal, the quality and workmanship.

Our appraisers work out of our location nearly every day. Please call to schedule an appointment.

Appraisal fees start at $85 for the first item and there is a sliding scale discount for multiple items and an adjustment for complicated jewelry items with many gemstones or complex rarity that needs more time and research for evaluation.

We will quote the appraisal based on the number of items you need to have evaluated.

Over 30 years of experience In the Jewelry & Estate business

CONTACT US AT: 847-839-9500

Jewelry & Coin Mart, Schaumburg, IL