Jewellery Valuations & Estimates
Insurance Valuations
Accurate, professional valuations for your peace of mind.
What an Insurance Valuation Is For
An insurance valuation is normally intended to help establish an appropriate replacement figure for jewellery if it were lost, stolen or damaged. The valuation should describe the item clearly enough for an insurer or replacement jeweller to understand what is being valued.
Insurance values can differ from what a dealer would pay to buy the item for cash. A replacement valuation should not be confused with a resale offer.
The purpose of a valuation matters. An insurance replacement valuation, probate figure, sale estimate and Zakat assessment are not automatically the same number. We first establish what the valuation is for, then assess the jewellery on the appropriate basis.
Valuations Are More Than a Weight Check
A proper jewellery valuation can involve identifying the metal, assessing condition, measuring and describing stones, checking hallmarks, taking photographs, researching comparable replacement or market information and preparing a written document.
That work takes time, which is why our formal valuations are chargeable. The charge depends on the type and amount of jewellery and the work required.
Diamond Valuations
Diamond jewellery can require assessment of the stone as well as the setting and metal. Where a grading report is available, bring it with you. We can compare report details with the jewellery and use them as part of the assessment.
Natural and lab-grown diamonds can have different market characteristics even where their grading characteristics appear similar. A valuation should identify the relevant stone type where known.
Probate Valuations
Probate valuations are prepared for estate-administration purposes and can require a different valuation basis from insurance replacement. Tell us the intended use when booking so the report is prepared on the correct basis.
We provide jewellery valuation information, not legal or tax advice. Executors or representatives should confirm with their solicitor, accountant or HMRC adviser what evidence is required for the estate.
What to Bring
- The jewellery itself
- Any purchase receipts you still have
- Diamond or gemstone certificates
- Previous valuations, if relevant
- Insurance schedule or insurer requirements, if they have given you any
- Probate or estate instructions if a specific format is required
Missing paperwork does not necessarily prevent a valuation, but existing documents can provide useful provenance and comparison information.
Keeping Valuations Current
Precious-metal, diamond and replacement costs can change. A valuation prepared several years ago may no longer reflect current replacement prices or market conditions.
If an insurer asks for updated valuations at particular intervals, follow the insurer’s requirements. We can reassess jewellery when an updated report is needed.
Visit Gold Factory
294 Farnham Road, Slough, SL1 4XL. Monday to Saturday 11am to 6.30pm, Sunday closed.