How Often Should You Have Your Jewelry Appraised?

An engagement ring, a family heirloom, or a custom necklace can hold a lifetime of memories. Keeping its appraisal current helps you document the piece and understand its value for a specific purpose.

At CMJ & Diamonds in Glendale, California, we help customers take a closer look at the jewelry they treasure—including when it may be time for an updated appraisal.

What Is a Jewelry Appraisal?

A jewelry appraisal is a written assessment that describes a piece and assigns an estimated value for a stated purpose and date.

An appraisal may document the metal, gemstones, measurements, condition, and other identifying characteristics. For insurance purposes, it typically estimates replacement value.

An insurance replacement value is not a guaranteed resale price. If you want an appraisal because you plan to sell a piece, explain that purpose before the appraisal begins.

When Should You Update Your Appraisal?

There is no single schedule that applies to every piece or insurance policy. Review your documentation periodically and ask your insurance provider how often it requires an updated appraisal.

You may also need a new assessment when:

• You change the piece. Replacing a center stone, adding diamonds, or redesigning a setting can make the previous description outdated.

• Market prices change significantly. Precious metals, gemstones, and the labor needed to recreate jewelry can change in cost.

• You acquire or inherit jewelry. Existing paperwork may be missing, outdated, or prepared for a different purpose.

• You change insurance providers. Confirm the new insurer’s documentation requirements.

An appraisal reflects a particular point in time. Keeping it current helps your records reflect the jewelry you own today.

Is a Diamond Grading Report the Same Thing?

A grading report and an appraisal serve different purposes.

A diamond grading report describes characteristics of the stone, such as its carat weight, color, and clarity. A GIA grading report does not assign a monetary value.

An appraisal can address the finished piece—including its setting and additional stones—and provide a valuation for the intended use. If you have a grading report, bring it to your appraisal appointment.

What Should You Bring?

Along with the jewelry, bring any documents you have available:

• Previous appraisals

• Purchase receipts

• Diamond or gemstone grading reports

• Records of repairs or design changes

Tell the appraiser why you need the valuation. If it is for insurance, check your insurer’s requirements beforehand.

Jewelry Appraisals in Glendale

At CMJ & Diamonds, we offer jewelry appraisals alongside custom design, manufacturing, and repair services. Whether you have a recently purchased engagement ring or a treasured family piece, we can help you get started.

Contact CMJ & Diamonds to discuss your jewelry and arrange an appraisal appointment.

Visit cmjanddiamonds.com.