Can a person do an appraisal on a ring?
Anyone can do them. However you should only trust appraisals done by someone who is well trained, experienced, knowledgeable about the item, and independent of the seller. I recommend that you ignore the appraisal that came with your ring, particularly if the seller and the appraiser are the same person.
Do you need an appraisal for a James Allen Diamond Ring?
With a James Allen diamond ring, your package arrives with your lab report and an appraisal. You won’t need to hunt down an appraiser or find a jewelry store to have your ring appraised.
Do you get kickbacks for diamond ring appraisal?
Their incentive is that the profit on a ring is significantly higher than the charge for an appraisal. Even if there is an appraiser that works “independently,” they may receive kickbacks for referrals. Because of these financial kickbacks, they can be tempted to be harsh.
When is the best time to get a diamond ring appraised?
As soon as you have your ring in hand, you can have it appraised (unless it already came with an appraisal from Blue Nile or James Allen ). The earlier you have your ring appraised, the better. That way, you can get your ring insured immediately—leaving you with one less thing to worry about.
Where can I get an appraisal on my engagement ring?
With an official appraisal, you’ll be eligible to receive the full financial reimbursement for your jewelry through an insurance company. Blue Nile and James Allen are two reputable diamond vendors who provide complimentary appraisals with their engagement rings and other fine jewelry.
How does an appraisal affect the value of a ring?
Factors such as a ring’s brand name and place of manufacture can affect its value, although this aspect of the appraisal process can be more subjective than valuing a diamond or setting.
With a James Allen diamond ring, your package arrives with your lab report and an appraisal. You won’t need to hunt down an appraiser or find a jewelry store to have your ring appraised.
What does it mean to get an appraisal on jewelry?
A jewelry appraisal is a statement of value that spells out the worth of your item. The person doing the appraisal — the appraiser — does a thorough inspection of your jewelry to determine the value.
