Professional Valuations for Jewellery & Watches
Are you looking to have your jewellery or luxury watches valued?
Your insurer may have asked you to provide a written valuation for household insurance. Perhaps you inherited jewellery or received a watch as a gift and don't know its current market value. You might be managing an estate of a deceased family member and require a probate valuation.
Whatever the circumstances, we are able to offer a comprehensive valuation service.
If you have an item or items that you'd like valuing, then get in touch with us today.
Jewellery and Watch Valuations for Home Insurance
Valuations are recommended by most insurers to be carried out every two years. However, some may require it annually.
Our valuations are carried out on-site and all items are fully insured whilst with us.
We will appraise and value your jewellery and watches against current market value to give a true reflection of their replacement value.
In the event the item cannot be replaced, (i.e. a vintage watch) we will advise a second-hand replacement value.
You will receive two copies of your valuation: one to retain and one to provide to your insurer.
Probate Insurance Valuations
We understand this can be a difficult time for families who have lost a loved one.
You may be asked, for the purposes of valuing the estate, to have a probate valuation carried out for outstanding jewellery or watches.
A probate valuation involves us valuing jewellery items for their real-life value; therefore, we do not provide replacement values that can be used for household insurance in this valuation.
We will provide two copies of your probate valuation: one to retain and one to provide to the nominated person who is managing the estate.
We are able to make you a cash offer for any pieces of jewellery or watches you do not wish to keep from the estate.
How much do we charge for our services?
INSURANCE VALUATIONS
Administration & documentation fee- £65.00
Standard item fee- £55.00 per item
Diamonds 2.00ct and above fee- £85.00 per item
Coloured gemstones 2.00ct and above fee- £85.00 per item
Complex pieces (more than 100 diamond/coloured gemstones)- £110.00 per item
For example: A single Platinum 2.30ct diamond solitaire ring would cost £65 document fee + £85 item fee = £150 total
PROBATE VALUATIONS
Administration & documentation fee- £65.00
Standard item fee- £10.00 per item/ per group
Note- all similar items will be grouped and documented with one single value (excluding stone set rings)
For example: 12 chains, 3 plain wedding rings and a single diamond solitaire ring would cost- £65 document fee + £10 chain group + £10 wedding ring group + £10 diamond solitaire= £95 total
WATCH VALUATIONS
Administration & documentation fee- £65.00
Standard item fee- £65.00 per watch
We recommend checking with your insurance company to determine if they require a written valuation for items that exceed a certain value. It's worth noting that some insurance providers may not require a valuation for items below a certain value, while others may not require one at all.
