Where do I go to get my jewellery valued for insurance purposes?
A. Make sure your jeweller is an official valuer and a member of the NAG (National Association of Goldsmiths). One thing though – don’t ask your jeweller to value your jewellery for insurance purposes in the hope that he will buy it for the valuation cost. A registered valuer will provide you with a thorough valuation on a proper valuation document with a detailed description of each article. Valuations take time and some pieces of jewellery may require testing to identify stones and the quality of gold that may not be hallmarked. Jewellers who are registered valuers work to a trade recommended scale of charges that normally includes a minimum charge and a sliding scale of percentage of value. You’ll have no problem insuring jewellery that has a bona-fide valuation from a registered valuer to verify authenticity. ———————————————————————————————————————— Jonathan Ralston is the director of Meridian Distribut
