Jewelry Appraisals

Jewelry Appraisals

Your Jewelry Deserves to be Appraised by the Experts

Types of Jewelry Appraisals

Jewelry is valuable, and that value can rise or fall depending on various factors, such as the value of materials in the metal and gemstone market. It is essential to understand this value because there are times when we need to insure our prized possessions and when we need to know how much an item is worth so we can sell it.

There are many types of jewelry appraisals, but they all center around finding the value of the jewelry in question. Some jewelry appraisal types are insurance, estate, and fair market. Every kind of appraisal serves a different purpose.

Jewelry Appraisal for Insurance Purposes

Insurance jewelry appraisals are needed when it comes time to add your jewelry to your homeowners or renter insurance. Jewelry is an expensive investment, and it is crucial to make sure it is appropriately protected in the event of damage, loss, or theft. An insurance appraisal shows the value of jewelry at the retail level; it would cost to purchase or remake the item with a jeweler.

Jewelry Appraisals for Estates

A jewelry appraisal for estate purposes is needed if you are the executor of an estate with jewelry items. These jewelry items must be appraised before they can be distributed to heirs, so the jewelry appraisal determines the value of each item for distribution purposes. We can also evaluate other assets for estate appraisals such as coin collections, watch collections, and sterling silver flatware.

We understand that discretion is top of mind with estate appraisals and offer virtual consultations for determining which items are in need of appraisals. Appraisal inspections can take place in your home, an office, bank, or in our offices in Towson, MD. If you are the executor of an estate or an estate attorney in need of our services, please call us at (410) 236-7088 for immediate assistance.

Fair Marketing Jewelry Appraisals

When looking to sell an item and want to know what to expect, that appraisal type is sometimes called a 'fair market jewelry valuation.' Jewelers, not insurance companies, do this type of jewelry appraisal. A jewelry appraisal of this type is helpful for jewelry sellers, jewelry buyers, or people that inherit jewelry. The fair market jewelry valuation determines what an item is worth today in the open market.

One of the most common problems when someone is looking to liquidate their jewelry collection is not knowing if you're jewelry is valuable. At Mayflower Estate Buyers we provide virtual and in-person Trinket or Treasure consolations. Our appraiser will inspect your items and let you know which items are worth appraising.

Frequently Asked Questions


What is an Appraisal?

An appraisal is a statement of value by an authorized person. In this case, a certified gemologist and jewelry appraiser.

Why do I need an appraisal?
  • To insure valuables
  • To sell an item of value when you don’t know the value
  • To equally divide property between heirs
How long does an appraisal take?

2 Weeks. We strive to finish your appraisal faster, but there may be appraisals in the queue ahead of yours. If you need an appraisal completed urgently, please call us at 410-236-7088 for assistance.

How much does it cost?

Our appraisals start at $85 and increase based on complexity. To receive a quote on a specific item, or discuss appraisals for jewelry collections please call us at 410-236-7088.

Can the value of this appraisal be different from a previous appraisal?

Yes! The jewelry market is a market just like any other market- like the stock market, the housing market, the fuel market, etc. All markets are constantly changing and it jewelry market changes too.  That’s why your insurance provider wants you to updated appraisals every 5 years- because they know that in 5 years, your jewelry will be a different value than it is today.

How often do jewelry appraisal need to be updated?

Most insurance companies want appraisals updated every 5 years, but check with your insurance provider to be sure.

Can I just get a “ballpark?”

A lot of different factors go into determining value, like if a red stone is a garnet, a spinel, a natural ruby, a synthetic ruby, a natural ruby that’s been “enhanced” with artificial treatments and much more. Since there’s no way to determine any of that from photos or verbal descriptions, we must do our due diligence with every item to make sure that the value we give you is factual and up to date in a changing market.

What if I’m not sure that I even need an appraisal?

We’ve got you covered! Schedule a Trinket or Treasure zoom call, show an appraiser your jewelry over zoom and we'll give you the scoop on what you should appraise, what you should sell and what you should pass down to family members.

What should I bring with me to get my appraisals done?
  • Any lab reports for diamonds like those from GIA or AGS. 
  • Any sales receipts from the original purchase, especially for any designer settings
  • Any copies of previous appraisals

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