SHOULD I HAVE MY JEWELRY APPRAISED?
For many of us, the value of our treasures goes far beyond their monetary worth. Whether inherited, gifted, or from a self-purchase, our jewelry tells the story of our lives. We see them as milestone markers and sweet forget-me-nots. Still, there are many reasons to have your jewelry professionally appraised, providing a documented record of its value. Not least among these include:
- The need to properly insure your possessions
- Estate tax liability determinations
- A desire to resale or consign your pieces
- and more!
Think of it this way: You’d never dream of driving your car without insuring it. Even more so, our jewelry is worn on our person and is susceptible to the same manner of loss, theft, and damage as our vehicles. At Razny Jewelers, we walk you through each step of the appraisal process, removing the guesswork, to provide you with a timely, professional appraisal from a graduate gemologist.
HOW OFTEN SHOULD I HAVE MY JEWELRY APPRAISED?
“Many appraisers suggest updating an appraisal every two to three years,” says the Gemological Institute of America (GIA). “Ask the appraiser for her recommendation. If the appraisal will be used for insurance purposes, ask the insurance company if they have any requirements regarding updates.”
This advice ensures you’re never found without an appraisal when you need it. Also, the market value for gems and metals fluctuates. Having an up-to-date appraisal is a pragmatic approach to jewelry ownership.
THE RAZNY JEWELERS DIFFERENCE
When shopping for your appraiser, it is essential to look for gemological knowledge. This education guarantees a necessary understanding of how jewelry is made and how to properly examine your gems.
At Razny Jewelers, our gemological training spans seven decades and three generations! Third-generation owners Christine and Michael Razny are graduate gemologists specializing in jewelry care and gem examination. In addition to the Razny family, our skilled appraiser is also a graduate gemologist. We offer top-notch dependability coupled with the care and concern only a family of jewelers can provide.
If you’re looking for timepiece appraisals, we are the Chicago area’s best source! Razny Jewelers is one of the few authorized repair service centers for timepieces by Rolex, Patek Philippe, and other fine timepiece brands. Each member of our team of watchmakers is a graduate of the Watchmakers of Switzerland Training & Education Program (WOSTEP) or Swiss American Watchmakers Training Alliance (SAWTA). The families of Chicago trust our expertise, as do the area’s top collectors.
All of these services are provided by our world-class in-house repair and service department. This accessibility gives you the peace of mind of knowing where your jewelry is at all times, and assurance that your treasures are in the best hands. We are also able to assess and professionally clean your jewelry, by request, while you are waiting for your appraisal.
Visit our contact us page to make an appointment, give us a call, or visit us in downtown Chicago, Addison, Highland Park, and Hinsdale.