What is an independent jewelry appraisal?
An independent jewelry appraisal is a written statement, independently, impartially, and objectively prepared by a qualified professional independent jewelry appraiser, setting forth an opinion of the defined value of an adequately described piece of jewelry as of a specific date; supported by the presentation and analysis of relative jewelry market information. An independent jewelry appraisal generally is 3-5 pages in length. An independent jewelry appraisal is a detailed report containing the description of the jewelry, identifying characteristics, photographs of the jewelry, a diamond grading plot (internal gem diagram), statement of limitations, the Uniform Standards of Professional Appraisal Practice Certification agreement, value justifications, and list of appraisal equipment used in the analysis of the jewelry. An independent jewelry appraisal will always declare a value and an explanation of what jewelry market is being described or definition of value used. It will also incl