Friday, 13th August 2004 (4254 views)

Jewellery experts have highlighted the importance of having inherited jewellery valued.

Patti Geolat, board chair of Jewelers Mutual Insurance Company has warned that many people mistakenly think about the jewellery item's history without getting it checked first.

Ms Geolat also advised that when getting pieces valued consumers should try and steer away from online valuations since the amount cannot be as accurate when the valuer has not even seen the pieces.

Consumers need to check their appraiser is a member with a well-known appraisal organisation and remember that sentimental value will not affect the true monetary value of the jewellery.

Jewelers Mutual insures $1.5 billion of individuals' jewellery and more than 10,000 jewellery businesses and claims to be the only nationwide insurer that specializes in protecting jewellery businesses and individuals' personal jewellery.

 

« Back to Gold News stories

 

The news feeds on this site are independently provided by Adfero Limited © and do not represent the views or opinions of the World Gold Council.