Where can I get my jewellery valued?

People get their jewellery valued for a number of reasons, the main reason being for insurance purposes. After investing in a luxury jewellery piece, or inheriting a family heirloom, you may want to protect the high value jewellery by getting it properly valued and insured. 

We have put together a blog containing the most commonly asked questions regarding the process of jewellery valuation. Keep reading to find the answer to your questions! 

Why should I get my jewellery valued? 

While we hope no harm will come to your precious pieces, it is always better to be safe than sorry!

From splitting assets, to insurance, there are a number of reasons to get your jewellery valued. If you are paying insurance on your piece, it is important to get your jewellery valued to ensure that you are paying the correct insurance fee. You may find you are paying too much or too little and this could impact your pay out if something was to happen to your jewellery. 

What happens in the valuation process?

Firstly, you need to find a Valuer whom you can trust.

Once you have done this, they are likely to ask you a series of questions. These questions will include things such as; ‘Why do you want your piece valued?’ and ‘Where and when did you purchase the jewellery?’. 

The actual valuation process usually takes a couple of days. This is because the Valuer will do a very in depth inspection of the piece and write up a report for you.

The report given to you at the end of valuation will act as a legal document if you need one. It will include information such as a description of the jewellery piece, verification of what the jewellery is made of, and its estimated value.

How often should I get my jewellery valued?

Getting your jewellery valued is not a one time process. We advise that you get your jewellery valued every three to five years. This is for a number of reasons; the first is that the value of your jewellery may alter with economic changes. Another is that, over the years, the jewellery piece could deteriorate in condition, ultimately devaluing the piece. 

How do I find a trusted jewellery Valuer?

The process of getting your jewellery valued is not a complicated one, but it is important to get it done by a trusted Valuer.

Here are some tips for finding a good Valuer: 

  • Look for a Valuer registered with a regulatory body such as The Institute of Registered Valuers scheme. All accredited Valuers will have undergone formal training in various specialist areas and have all the correct equipment to carry out a professional valuation.
  • If in doubt, you can take your jewellery to the place you purchased it from. They will be able to either value it themselves or they can put you in touch with someone who can.
  • While online jewellery valuation is a growing trend, we advise avoiding this. It is far better to meet your Valuer in person so you can make a judgement and ensure that they can be trusted. However, this could be an option if you live rurally. 

How we can help

Here at Cuttings Jewellers and Pawnbrokers, we are a family run business which has been going for over 50 years. Our staff are all experts in diamonds and gemstones and are more than willing to help you in any way we can. 

If you wish to shop our range of stunning jewellery, please click here. Alternatively, if you wish to get in touch with us regarding a valuation, please click here

Our use of cookies

We use necessary cookies to make our site work. We'd also like to set analytics cookies that help us make improvements by measuring how you use the site. These will be set only if you accept.

For more detailed information about the cookies we use, see our Cookies page. Cookie Control Link Icon

Necessary cookies

Necessary cookies enable core functionality such as security, network management, and accessibility. You may disable these by changing your browser settings, but this may affect how the website functions.