Diamond Appraisals

An appraisal is an opinion of value for a particular market on a particular date. It is usually in printed document format, describing all qualitative and quantitative attributes necessary to reach the value conclusion. The most likely reason clients request an appraisal of their ring is for insurance purposes should the diamond need to be replaced or repaired. However, there are other reasons for diamond appraisals too, including: estate tax valuations, value comparisons, liquidation or curiosity. No matter the reason behind the appraisal, it’s important to find a qualified appraiser. There are no laws that require jewelry appraisers to [...]

Many diamonds today come with handy paperwork known as an appraisal. It is explained to many that the dollar amount on the appraisal is the “value” of your diamond. It is important to understand fully what a diamond appraisal is for, and what the value of the appraisal represents when it comes time to sell your diamond. An appraisal of a diamond is like any other appraisal done on a piece that carries value and may be covered under ones insurance. The appraised amount of a diamond is one that has been assigned to the piece in the event that [...]

For many people, diamonds represent one of the most beloved and valued gems in the world. Purchasing or considering selling a diamond may seem like a daunting and overwhelming process.  There are two essential steps in helping you to determine the value of a diamond either for sale or purchase: diamond appraisal and diamond certification. While many individuals own diamonds, fewer understand the difference between having their diamond appraised and having their diamond certified.  MJ Gabel is here to help. What is a Diamond Appraisal? Having your diamond appraised involves determining its current monetary worth. The diamond appraisal process can [...]

Perhaps more than any other possession, jewelry – particularly diamond jewelry – has both material and emotional value.  Whether it’s your grandmother’s engagement ring, an heirloom that’s been handed down for generations, or a precious piece that was a gift from your spouse, it’s never an easy decision to contemplate selling jewelry. Though MJ Gabel can’t make your decisions for you, we can make them a little easier with this guide for helping you plan how to make the most of both your estate and your fine diamond jewelry. How should you prepare to handle your heirloom and fine jewelry [...]

Diamond Appraisals seem to be following me wherever I go these past few days.  Lately I have been working with clients who either are using their appraisal incorrectly, or who do not have one at all.  I have written a blog similar to this before, but it seems time for a “refresher”. When it comes time to sell a diamond, for whatever reason, individuals usually have two pieces of information at their disposal and use them to determine the sale price of the piece– an insurance appraisal, and an original receipt.  Some people have neither, or just one of the two. In [...]