Appraising Jewelry
Valuation
Through our years of experience and knowledge acquired in the field of jewelry, we can next advice with your purchase, also advise on valuing you brought valuables.
Our staff of experts can value your jewelry on quality without obligation and determine its value. Except for a free valuation, you can also contact us for the preparation of a formal valuation for the benefit of your insurance.
What does the price on a valuation report mean?The value described on a valuation report is usually based on the new price/replacement value of jewelry. Should for example a necklace be stolen, what would replacing it cost? That is important for an insurance company to know. Often, when determining the value for an appraisal report, replacement cost or the new price price charged by an expensive jeweler is used.
I want to have a valuation report made, do I have to make an appointment?Normally not, you can visit our store during opening hours. Do take the jewelry that you want to have valued with you, you can retrieve it when the valuation report is ready.
I want to have a valuation report made, do you need the physical jewelry for that?Yes, we only make a valuation report for jewelery that we can physically test, appraise and photograph in our workplace. We will never make a valuation report based on a foto or bill alone!
What are the costs of a valuation report?Normally we charge 1.5% of the valued value, with a minimum of € 35,-. You will receive a free indication of the estimated appraisal value in advance so that you are not unexpectedly confronted with high costs. We give a realistic appraisal value.
How long does it take to make an valuation report?That depends on the item to be valued. Most small appraisals are generally ready within 1 or 2 weeks. When many dozens of items have to be valued, this often takes longer. We will give an estimate in advance on a case-by-case basis, so that you are not faced with surprises.
I have a piece of jewelry with a valuation report and want to sell it, how much do I get for it?That depends, of course, on the quality, popularity and expected sales value of the item. Because the price on a valuation report is usually on the high side, in general you will only receive a small percentage of the valuation report value. Click here for more information about price structure and differences between valuation and sales value (in Dutch).
My jeweler does not buy from private individuals, but says that I should sell my valued jewelery at least for amount "X". That is easy talking for the jeweler in question. The value of jewelery is just a matter of supply and demand, just like with most other goods. We therefore always advise to approach various interested parties / buyers and to compare the prices. Then make as informed a choice as possible, that also feels good. Don't sell if it does not feel right!
Why do many jewelers value jewelery, but do they not buy it from private individuals?There are several reasons for this. On the one hand, purchasing jewelry from private individuals entails extra work and risks. For example, there is a risk of buying something that turns out to be fake or stolen afterwards. Buyers are also expected to have sufficient cash in stock and to maintain accurate and comprehensive records that comply with legal requirements. These are no small things and a lot of jewelers therefore make the decision not to persue this.
But there is another important reason why many jewelers do not buy from private individuals.(Or only buy if you buy something else back) And that is because otherwise their high sales margins become clear to their customers. Most jewelers need these high margins to compensate for the relatively low number of sales compared to other branches and their high (security) costs. Although in most cases this is just fair buisiness practice and nesceccary for jewelers to survive, many jewelers still have (perhaps rightly so) the fear that knowledge about these sales margins cannot count on their customers'understanding.