PROTECT YOUR JEWELLERY

The best way to protect your jewellery in the event of loss or damage is to insure it - and this requires a valuation. To make sure you receive the correct sum in the event of a claim, you need a professional valuer to examine your jewellery and to produce a formal document giving a precise description of each piece and confirming how their value has been determined. It is essential that you discuss with your valuer how you would replace your items if they were to be lost as this is fundamental to the type of valuation produced.

​

Our NAJ Valuer is independent. They visit us weekly and can assess your jewellery on the premises. Your jewellery can be assessed for probate or insurance replacement.

​

​

For Insurance Valuation

 

In the event of loss, you must prove that you owned the items you are making a claim for. Valuations establish that you owned the pieces at the time of the valuation and their correct replacement value for insurance purposes. Many insurers do not ask for valuations below an agreed value but our advice is to obtain valuations for all significant items. Smaller pieces can be grouped together and an overall value allocated. Without a valuation, insurers often use claims management specialists to try to find the value of jewellery after it has gone - an unsatisfactory process known as a post-loss valuation. Valuing something after you have lost it often results in an under-assessment of the lost item’s true value. 

​

Prices are a reflection of the value of the piece. They are assessed case by case but as a guide something worth £2000 would cost £85 to value, something worth £7000 would cost £180, something worth £10,000 would cost £250.00

​

You should also try to have a photo taken regularly of yourself wearing the jewellery- in the worst case scenarios this can prove you still had the jewellery on that particular date. 

 

When you need your jewellery valued, you can place your trust in our NAJ Institute Registered Valuer (IRV).

 

The NAJ' s Institute of Registered Valuers this is the UK's leading association of jewellery valuers. All IRVs have proved their expertise to their peers, with formal qualifications and substantial experience within the industry. They provide a high-standard, professional service you can trust.

 

It is important to have your jewellery reassessed every two or three years to ensure the valuation is current. Prices can fluctuate and insurance companies may request up-to-date information. The revaluation also notes any wear and tear and ensures you are not paying excessive premiums if prices decrease.

​

Please note that a separate valuation service is available for items you wish to sell.

Simply call the store and make an appointment with David.

​

Valuation for probate also has a separate price scale and should be discussed with the store.

​

​