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Jewellery Valuation in London

Having your jewellery valued can be a worthwhile process. The knowledge, experience and skill upon which a reliable valuation is based requires years of training, supported by specialist technical equipment when necessary. It is therefore important that you entrust your jewellery only to jewellers with the required knowledge and equipment.

The jewellery valuation process

A professionally prepared valuation contains a comprehensive list of information which includes the name of the company instructed to carry it out and the address at which it is performed. It clearly states the purpose of the valuation and for whom it is being prepared. It provides a sufficiently detailed description to enable identification, together with an opinion of the value, as well as the total of the valuation. It is dated and bears the signature of the valuer who produced it. All of this information must appear on a valuation schedule to make it valid.

In line with recommendations by the police and insurance companies, we provide a photographic record of your jewellery at the same time as your written valuation. As with every assessment we carry out, any individual item which is deemed to be worth £500 or more will automatically receive a free photograph. The photographs are taken with a digital camera and are produced as an integral part of the valuation. If your jewellery is stolen, this photograph will give the police the best possible chance of recovering your property and it provides you with proof of ownership if the items are recovered. 

The valuation document should be kept safe and separate from your jewellery.

Jewellery valuations are carried out on the premises and your items are covered by our own insurance whilst they are in our care.

Reasons for a jewellery valuation

Insurance valuations for jewellery

In the unfortunate event that an item of yours is lost, stolen or broken, we will compose a letter for presentation to your insurance company. The modest fee for this service will be refunded in full when the items are either replaced or repaired by us.

With hundreds of homes broken into every day and thousands of pounds worth of jewellery stolen, an insurance valuation could well be an excellent investment.

A professionally prepared valuation is based on the current cost of replacing your jewellery with similar items. Due to ever fluctuating costs, we recommend having your jewellery re-valued every three years. This ensures adequate financial cover in the event of loss, damage or theft.

Probate valuation on jewellery

A valuation for probate is a confirmation of the value of jewellery in an estate. It is based on the likely sale price had the jewellery been sold at auction at the time of the owner’s death. Since this value is determined by market forces, it will be considerably lower than if it was for insurance purposes.

Jewellery valuation for a private sale

This type of valuation determines a fair selling price on a piece offered for private sale by one individual to another. The value is typically higher than that for probate but lower than the replacement retail amount.

Why choose Attenborough for your jewellery valuation?

When requiring a jewellery valuation in London, you can rest assured that professionalism is guaranteed at our shops. We are members of the National Association of Goldsmiths (N.A.G.) and Guild of Valuers. Through the N.A.G. we also participate in the SafeGems Alert scheme which notifies all members of any stolen property.

Global prices are constantly rising and it’s important to ensure your valuables are not underinsured. For your own peace of mind, get in touch today for a professional valuation on your jewellery.

Document fee – £20.00
Percentage fee 2% for first £1,000.00 and 1% thereafter


NAG