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  1. A diamond jewelry appraisal is an assessment of the value of a specific stone, along with the value of its setting or ring, if there is one. It is usually done by a professional appraiser who is trained in gemology and valuation. After the appraisal is complete, the appraiser will issue a document stating the value of the diamond.

  2. Sep 4, 2023 · In other words, the appraisal doesn’t represent the true value of the diamond ring. For example, this Halo Diamond ring from James Allen sold for $4,582. It would likely be appraised at double the price at $9,164. And this five-stone diamond ring from Blue Nile, sold at $4,110 would likely be appraised at around $8,344.

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  4. Jan 22, 2024 · When you seek to have your diamond ring appraised, you will encounter appraisal costs and fees. These fees are typically calculated based on the appraiser's time, the complexity of the appraisal, and the expertise required. Costs can vary widely; you might pay a fixed rate or a percentage of the ring's value.

  5. Jan 17, 2023 · The key difference is that the appraised value is much higher than the resale value. Appraisers assign a higher or “inflated” value to a piece. If used for insurance purposes, which is usually the case, the appraised value helps insurance companies determine the replacement value of your item. As an example, let’s say you own a diamond ring.

  6. Jan 22, 2024 · Essentially, it’s a certificate that describes why your diamond is worth a certain amount of money. Remember that the estimate in an appraisal won’t be the actual market value of the ring. In fact, it’s pretty typical for an appraisal to be much higher, even double the actual cost of a ring.

  7. May 15, 2008 · Simply put, a ring appraisal is a document that verifies the facts about the rings or rings you've purchased. "It's completed by a certified appraiser who conducts an inspection of your item," says Melissa Becker, Vice President of Lavalier, a jewelry insurance agency. A ring appraisal includes information about the characteristics and details ...

  8. A diamond appraisal contains information about the value of your diamond based on the current market prices – meaning that the value of your diamond can get both up and down. Diamond appraisals don’t have to be commissioned only for insurance purposes.

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