While these items are priceless to you, it's important to remember that the value of the precious metal and gems that comprise your fine jewelry is constantly changing due to market conditions. Gold, for instance, has seen its value double over the past 10 years.

Accurate appraisals are important because if your jewelry is ever lost, stolen or damaged, your insurance company will refer to the appraisal document to settle the claim. An outdated appraisal will likely result in you being under-insured, and that could cost you thousands. 

We recommend updating your appraisals every three to five years. Whether it's an engagement ring you wear every day or a piece you've just inherited from your grandmother's estate, we're ready to offer an appraisal for your security and peace of mind.

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Many customers come to us with jewelry they’ve inherited from a family member. Most don’t know what they have, what it’s worth, or what to do with it. We even had one customer who put a platinum ring worth over $10,000 in her yard sale for $5.00. So please know that we’ve seen it all, and we’re happy to work with customers to learn more about their jewelry.

Jewelry appraisal services

When you work with a local, trusted jewelry store like Smithworks, we’re here to help you and your family. Our jewelry appraisal services include:

1. We can value pieces of jewelry for members of your family. We can write a Fair Market Value (FMV) on each item. This information allows a family to split or gift the items in a fair manner.
2. We can do an FMV appraisal that identifies the metal and stones, including weights. This is a good option if you plan to sell to an individual or just want extra knowledge of what you have. This is also a good option because most people have misconceptions of the re-salability of their jewelry. This process gives them a good idea of what the actual value is.
3. If you’re interested in keeping the jewelry, we can of course do a full retail appraisal for your own knowledge, and to use for insurance purposes.

Smithworks charges for these services depending on the number and complexity of the items. Please call the store for pricing.

Smithworks is often interested in buying antique and estate jewelry for our Collection. Please review our blog on "What to Expect When Selling Jewelry," and then contact our store for an appointment.