Why and when should you get an item valued?
People get valuations for a variety of reasons, the three main reasons:
They where given something, found it, or inherited it and would like to know what it’s worth.
Would like to insure their item.
The dividing up of an estate.
If you’re insuring an item how often should it be valued? Depending on the item and the volatility of the market, an item should be valued every 3-5 years. This ensures you are not over paying on your insurance premiums or under valuing your item so that you are unable to obtain a replica if it was lost or stolen.
Valuations performed by an NCJV registered valuer
What does that mean for you?
Valuations are performed by a professional:
With a minimum of 5 years trade experience.
Completed their gemmology diploma by the Gemmological Association of Australia (GAA).
Completed their diamond grading certificate with the GAA
Completed their valuers course by the NCJV
Completes yearly professional development to keep up to date with current treatments and synthetics
Network of hundreds of valuers across Australia to provide assistance where ever you are
This ultimately means your valuation is of the highest quality. It also means that your valuer not only has a deep understanding of commercial gems how to identify them, they also have a network of valuers with expertise in a wide variety of areas to ensure the most accurate pricing.
What’s in a valuation and what does it look like?
All valuations come with:
Photos to show various angles of the piece.
Detailed description of the design.
All technical elements specified, ring dimensions, finger size, metal purity, full details about gemstones present.
Current approximate price to reflect the market and conditions in which you are after.
NCJV member seal - to indicate the valuation has been performed by an accredited valuer.