JEWELRY REPAIR | APPRAISALS
At AJ's Jewelry we have an expert diamond grader who graduated with a degree in diamond grading from the Gemological Institute of America (GIA), with over 34 years of experience in the jewelry industry. He can accurately appraise a piece of jewelry within a minuscule margin considering the quality of the stones, purity of the metal, country of origin and labor, this is how we get unbeatable prices for our customers, we know how to buy jewelry because we know how much a piece of jewelry costs to manufacture.
We understand that there are many different reasons for getting an appraisal.One of the most important reasons for getting a jewelry appraisal is for insurance purposes. There are to many misconceptions about jewelry appraisals. The first and the biggest misconception is thinking you need to have your appraisal marked up four times what you paid for it. That for me is a big NO, NO! Why, you may ask. I will explain. If you paid $5000 for an engagement ring today, why would you think it would cost four times what you paid for it next year, or two years from now. If someone purchased an engagement ring from us for $5000, the most I would appraise it for would be $7000 to $7500,You are probably wondering why, I will tell you. Within the first five years of your purchase the value of the jewelry probably will not go up 30 or 40% in a short amount of time. In the event that you do loose your jewelry within the first five years you will still be covered for the replacement cost and not have to pay a much higher insurance premium. Does that make sense to you? It certainly should. Many jewelers charge according to the value of the piece they are appraising. Those unscrupulous jewelers love to over inflate the appraisals so they can charge you more money. They do not care how much premium you are paying. At AJ's Jewelry we care about everything! If prices went up expedentially like that I would be out of business. People do not realize that they are paying a premium on the price we appraise the jewelry for not actually what you paid for it. Why would you want to pay a premium for a $20,000 ring when in reality the ring in thirty years may cost $20,000.You could save a few hundred dollars a year on insurance premiums if your appraisal was done by a professional jewelry appraiser. You should have your jewelry appraised approximately every five years to see how the market has kept up with your jewelry.
Appraisals start at $50