FAQs - Van McMinn Jewelry Appraisals

Frequently Asked Questions

What is included in the appraisal report?

An appraisal includes a cover document that explains in detail the type of value being sought, the appraisal's objective, and its function. The name and address of the client, intended use, and date of inspection are indicated. The body of the appraisal provides a detailed description of the piece(s), including relevant weights and measurements, as well as photos of the item(s) appraised.

How is value determined?

First, I take measurements to estimate the stone weight (if mounted) and gauge the dimensions within the limitations imposed by the mounting. Elements such as cut, color, and clarity grading affect value. If the piece is antique, complex, includes hallmarks or quality marks, specific market research may be required. Finally, I consult industry standard pricing guides, specifically the bi-monthly issued The Guide, and other resources which assist in determining current market value based on the gems, their mountings and relevant provenance.

How often should I have my jewelry appraised?

I advise having fine jewelry appraised every two to five years, particularly for insurance coverage. The value of gemstones and precious metals will change significantly over time. It is important to keep insurance coverage up to date to ensure the appropriate replacement value in the event of loss.

Can I observe the appraisal process?

Absolutely! The pieces never have to leave your sight. I am available to perform the appraisals in my office or in your home. At either location, you can be present to observe the examination process. Your personal information and the content of your appraisal will always be kept confidential.

What is the typical turnaround time for an appraisal?

Appraisal reports are generally returned within seven to ten days. This allows for the most thorough research and an attractive document presentation. If you need an appraisal sooner, please let me know, and I will work to meet your deadline.

What types of items do you appraise?

I am trained to appraise all fine jewelry, watches, and gemstones with specialties in diamonds, cultured pearls, and black opal.