Why Jewellery Valuations are so Important

Our jewellery is precious to us. Never purchased on a whim, all jewellery, whether for ourselves or as a gift to others, is bought either with sentimental value attached, or because we’ve fallen in love with the way it looks: its appeal. And that’s why protecting our special pieces is so important.

Part of protecting our jewellery is the valuation process. Getting an up to date valuation may not seem that relevant to keeping your jewellery safe, but it’s surprisingly important. Here at EK Jewellers, Ilford residents have been coming to us for trusted valuations for over 36 years.

Why Have Your Jewellery Valued?

The main reason for having your jewellery valued comes down to the upsetting fact that sometimes our precious pieces get lost or stolen. If you are unfortunate enough to have this happen to you, you’ll need to know how much your jewellery is worth in order to make a claim.

Similarly, if you decide to sell some pieces, or need to prove ownership of your jewellery, having a current valuation will help. Our role here at EK Jewellersis to make sure you have all the documentation you need in these circumstances.

Should you be unfortunate enough to need to make an insurance claim, your insurers will use your valuation to ensure you receive the full amount due to you. Remember that it’s important to declare high-value single items to your insurers upfront, to make sure you’re fully covered.

Similarly, sometimes the police are able to recover stolen items, and by having a valuation, you’ll be able to prove ownership of the item.

If you’re looking to sell an item of jewellery, current valuation paperwork will help both the seller and the buyer to come to a value which is acceptable to all involved. It’s also a good idea to carry out a valuation of any special pieces if you need to divide an estate, to make sure that funds are split equally.

Here at EK Jewellers, Ilford residents can rest assured that our trusted valuers will ensure they have a relevant valuation. Whether jewellery is contemporary or antique, we’ll make sure the valuation will aid any claim or sale. To arrange a valuation, please get in touch.

Posted on by Ian Tubby.