Quick Answer: How Long Are Jewelry Appraisals Good For?

Is Kay Jewelers better than Zales?

Zales and Kay’s are one in the same.

They are owned by the same paren’t company.

They were priced better than Kays when my husband purchased my diamond wedding band.

I feel like Zales has better quality that Kay’s too..

Does Jared Jewelers appraise?

At Jared, we host appraisal events at our stores so you can quickly and easily find out the value of your jewelry and get documentation. In an appraisal, a certified gemologist or appraisal expert will inspect your jewelry, diamonds and gemstones.

Where can I get my jewelry appraised for free?

Most Reviewed Free Jewelry Appraisal Near MeDerco Fine jewelers. 930 reviews. Jewelry. … G KROWN Jewelers. 351 reviews. … La Bijouterie. 247 reviews. … Shreve & Co. 227 reviews. … Lang Antique & Estate Jewelry. 171 reviews. … Tigges Jewelers. 170 reviews. … San Francisco Diamond Exchange. 164 reviews. … Oaks Jewelers. 156 reviews.More items…

What jewelry has the best resale value?

For the second year in a row, Van Cleef & Arpels came in at the top spot, with a 74 percent resale value—a 5 percent increase from last year. The RealReal said the brand’s signature “Alhambra” motif is a top draw for its customers.

Do jewelers do free appraisals?

Most local, reputable jewelers will give you an appraisal for free. Check the National Association of Jewelry Appraisers for a recommendation.

Do diamonds go up in value over time?

The short answer is that most diamonds do not appreciate in value over time. … This is because there are several players in the diamond’s value chain, not just the jewellery stores that sell the diamond to you. So while retail prices for diamonds may be high, the resale market rate for diamonds is much lower.

Can you sell jewelry for appraised value?

This is why people often look to their jewelry appraisal for the value, however, appraisals are mostly done for insurance purposes and unfortunately, the truth is, you can NOT sell your diamond for the face value of an appraisal. This is a misconception.

How accurate are jewelry appraisals?

In the jewelry industry, it’s standard for appraisals to be inflated, usually at 100% above the retail value. In other words, the appraisal doesn’t represent the true value of the diamond ring. … Your appraisal is not a good indicator of what you’ll get for a resale price. It is more for insurance purposes.

When should you get jewelry appraised?

Jewelry fluctuates in value! The older the appraisal the less accurate the value it lists. This is almost always less than what you should be insuring your jewelry for. Insurance companies and appraisers recommend updating jewelry appraisals every two to three years.

Why is diamond resale value so low?

The reason resale prices for diamonds are so low compared with retail prices is that jewelers buy diamonds in bulk, at wholesale prices, which are much lower. The retail price you pay for a diamond at the store is higher because it includes overhead expenses, such as rent and personnel salaries.

Is Zales a good jeweler?

Zales specializes in diamond jewelry and offers a large range of engagement rings. Compared to the loose diamonds and settings available from online retailers, Zales engagement rings are very expensive and generally not worth the extra premium.

Where can I sell my diamond ring for the most money?

The best place to sell your engagement ringRankNameOffer1Diamond specialist$2,300 – $2,5002Worthy.com$1,8063Local jeweler$1,500 – $2,0004’We buy gold’ store$1,300 – $1,5002 more rows

Do pawn shops appraise jewelry?

How Pawn Shops Appraise Jewelry Made of Gold, Platinum, or Silver. … Note, however, that while most pawn shops are thrilled to accept solid gold pieces, they won’t make an offer on anything that’s gold-plated. The price you’ll get for the jewelry you sell or pawn will depend largely on the type of metal it’s made of.

How much does it cost to have jewelry appraised?

Costs can range from about $50 to $75 per item or $50 to $150 or more per hour, depending on the items and nature of the appraisal. And given that the prices of precious metals tend to fluctuate dramatically, appraisals should be carried out every few years to keep your insurance coverage up to date.

Does Kay Jewelers appraise jewelry?

Every diamond and fine jewelry purchase at Kay’s Fine Jewelry (above $1000) comes with a certified lab appraisal for insurance and evaluation purposes. This appraisal is not conducted by KFJ. … Jewelry pieces purchased for less than $1000 are accompanied by a detailed In-store appraisal with full listings.