Jewellery Valuations Perth
A professional valuation is an important safeguard if your jewellery is lost, stolen or damaged for many reasons. It provides proof of ownership in the happy event that the jewellery is recovered. Insurance companies are unlikely to provide full compensation for an expensive piece of jewellery unless you can prove its true value.
A valuation also gives you a comprehensive description of the item, which is invaluable if you decide to have the piece remade. Valuation is also an effective means of ensuring you receive a fair price if you sell your jewellery, provided the valuation is undertaken for that reason.
Professional valuation is not a case of simply looking at an item and guessing a price. It is a complex process that uses specialized equipment and requires a high level of expertise to determine the quality and value of all the parts of the jewellery item. NCJV Registered Valuers™ are trained to identify the tiniest details that can affect a valuation and have many years of experience.
Member of the National Council of Jewellery Valuers (NCJV) we are highly skilled experts trained in providing accurate assessments of all types of jewellery. Our detailed reports are essential when claiming insurance for lost, stolen or damaged items, when seeking a fair price at a sale or if you want to purchase a new piece of jewellery. NCJV valuers can provide an assessment that is based on accredited education. See YouTube Link below to give you better insight to the process of Jewellery Valuing.
The NCJV Management Committee in conjunction with the State Divisions has produced a video promoting the association and highlighting why a Registered Valuer should be used.
It is wise for consumers to only accept valuation certificates that clearly state the purpose of the document e.g. insurance, deceased estate, auction, private sale or divorce settlement – and the type of market on which valuation is based. The different markets and reasons for a valuation include:
RETAIL: A detailed assessment that estimates the likely replacement price at a traditional shop. This type of valuation is often used by insurance companies.
AUCTION RESERVE: The minimum hammer price achievable in an ideal auction market, where time is not a factor. This figure does not include premiums or commissions which can vary at each auction.
NON-FORCED SALE, SECOND HAND, PRIVATE SALE: An estimate of a reasonable second-hand price between a willing buyer and seller in a fair or specialised market without time constraints. A value for used items that takes into account the condition, desirability and collectability of the item. In such cases, the valuer acts as an unbiased expert and GST, sales tax or duty is not included in the valuation.
FORCED SALE: The price that can be expected when an article must be sold within a short time frame in potentially non-ideal market conditions.
DIVORCE PROPERTY SETTLEMENT: The Family Court may require a valuation of jewellery in a divorce settlement. Written directions are provided by the solicitors with the valuation usually based on “fair market value”, although this may vary.
DECEASED ESTATE: Again, written directions are provided by the lawyer or executor of the will, with the valuation reflecting the current market value or the requirements of the will.
- Member of the National Council of Jewellery Valuers (NCJV)
- Diploma in Valuing
- Diploma of Diamond Technology
- Diploma of Gemmology
- Registered Valuer – Number 58
- Member of the Gemmological Association of Australia
VALUATION SERVICES PROVIDED
- Gems and jewellery consultation
- Complete diamond grading and gem identification
- Insurance Purposes
- Family Dispute Purposes
- Estate Division, Sorting and Probate
- Police Purposes
- Technical Reports
- Superannuation Purposes
FEE SCHEDULE (GST-INCLUSIVE)
Minimum Fee From: $99.00 per piece for stone set goods
Valuation Fee: $175.00 per hour
Stone identification only:
Refractive Index test where possible.
Same day valuation service by appointment.
On site appraisals available
By Appointment only, with approximately one week turn around.
Perth Jewellery Design & Valuing
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