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Why should you get a Jewellery Valuation? The answer to this question is usually diverse, especially since it is often based on the individual or company you are liaising with. Though the reasons may not be the same for each response, some common answers will help to protect your valuable jewellery quests. Here are 5 of the most common and beneficial.
Protect Valuable Jewellery in the Event of Theft or Loss
When you purchase new pieces of valuable Jewellery online, in retail stores, in auction houses, or from a friend, or at any other source, you need to make sure that you obtain a Jewellery valuation certificate. This certificate usually proves valuable during theft or loss for those of you who may want to prove ownership and recover your loss. Also, if the police authorities are involved, they will need to record this information in their reports, and the retail replacement value. In this situation, you will have sufficient proof.
Insurance Companies Insist
Insurance companies require proof of the jewellery you have purchased and the value of your investment. Word of mouth worth will not be sufficient enough. For instance, if you file a claim after the item has been stolen, the insurance company that insured the Jewellery will process the claim easier and quicker when you submit a valuation certificate with accurate and up to date information.
Peace of Mind
If in your family has passed down valuable Jewellery, you may want to obtain a Jewellery valuation certificate as soon as it is in your possession. If you are the new owner, you may need to have proof of the item details and its ownership to be documented.
Authenticity
Before you purchase a valuable piece of jewellery at a low discount, you may get it examined before you invest. Because jewellery can easily and accidently be misrepresented. With the skills and expertise of an independent third party report independent.
Gold Prices Have Risen Sharply
According to recent research and statistics, gold prices have skyrocketed dramatically. Today the cost of gold was higher than other metals five years ago. If you buy new gold jewellery, there’s a good probability that your previous evaluation of gold is significantly off the current value. It is a great time to ensure proper coverage, especially if you are considering taking out insurance. Keep your jewellery up to date.
Proof of Purchase
A Jewellery valuation certificate is also proof of purchase. It proves that you are the actual owner. For instance, if you want to sell the Jewellery to another party, you can sell the piece ensuing it does not belong to someone else.