​The primary reason to appraise your jewelry is to secure proper insurance coverage. Two critical aspects of an insurance appraisal are the item's value and detailed description. The replacement value listed in the appraisal establishes the maximum coverage your insurance will provide and plays a significant role in calculating your premium. An inflated appraisal value may lead to unnecessarily high premiums without guaranteeing a higher payout in the event of a loss. Insurance companies often rely heavily on the description of the jewelry when determining how to replace a lost or damaged piece.

If you require a valuation for an estate or trust, the scope and detail of the report will be customized to suit the needs of the personal representative, attorney, or trust officer. We are Qualified Appraisers for most types of jewelry-related assets in accordance with current U.S. Treasury regulations.

Taxable estates require documentation that complies with IRS standards. A properly conducted appraisal offers credible, defensible valuations for the estate's property. Zemin Luo, a GIA Graduate Gemologist at Phoenix Gem Lab, is a qualified appraiser who provides appraisals in accordance with Treasury Regulations. Our aim is to ensure that our jewelry appraisal does not contain anything that might raise a red flag or prompt an audit or challenge. While we can't control the actions of the IRS, we conduct our work with the utmost diligence and expertise.

The appraisals for estate tax utilize the specific definition of Fair Market Value as outlined in 26 CFR, section 20.2031-1(b) of the Treasury Regulations.  

If you're looking to sell a valuable item to a private buyer, a thorough, well-researched appraisal can help you achieve your objectives. This report provides an in-depth description, accurate measurements and grades, high-quality color digital images, and an opinion of the resale value based on our research and analysis of the relevant pre-owned jewelry market. Keep in mind that the valuation will be based on comparable used jewelry. 

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​If you simply want to sell your jewelry without an appraisal, our Brokering Services can assist you.