Types of Appraisals Offered What Type of Appraisal do You Need? ____________________________________________________________________________________________
Insurance Appraisal / Retail Replacement Value Appraisals
possible to identify or have exact duplicates recreated of these precious items should they ever be lost or stolen. There are many different types of insurance companies and policies. Some policies compensate the amount stated in the appraisal, some have the option to pay a lesser amount and others pay for replacement of an exact comparable to the insured item at the lowest cost to them. It is very important to establish what type of policy you are purchasing, exactly what is covered and how the insurance company will settle the claim.
Quality Confirmation of a New Purchase / Retail Replacement Value Appraisals
This report is to verify that the diamond you recently purchased is what the retailer represented it as. A complete gemological qualitative analysis is done on the jewelry item and the findings are compared to the major laboratory certificate if accompanied with one. The retail replacement value is determined based on the gemological evaluation and stated in the final report. This report can also be used for insurance scheduling.
Liquidation / (Re-sale Advice) Appraisals
This appraisal value is determined when an owner decides to convert jewelry items into cash by re-selling them. The sale can be held under forced or limiting conditions and with time constraints, depending on the circumstances and or how the item(s) are sold.
Estate (Probate) Appraisals
In the event you are named executor of an estate or conservator for an individual, an estate appraisal of their jewelry may be necessary for distribution, settlement or potential inheritance tax liability. Jewelry values for estates are legislated to include specific information and data. Fair market value is used for this type of valuation. Divorce
Settlement/Dissolution of Marriage Appraisals
This report is used for division of common property for divorce. Fair market value is used for this type of valuation.
Damage Report / Post Damage Insurance Compensation
This report can be used to asses and express loss in value or current value of a jewelry item as a result of damage for insurance compensation. The report can also be used for expressing the difference in value resulting from breakage and estimates the cost of the removal, re-cutting and resetting of a gemstone, as well as the value of the re-cut gemstone (loss of weight).
Charitable Donation
This report is necessary for tax deductions of donated jewelry items. Post Loss / Hypothetical Appraisals This report establishes the value of a previously undocumented item that was lost or stolen. This is a hypothetical valuation based on information supplied by the client and supported by photographs and a description of the item.
Casualty Loss / IRS Tax Deduction
This report determines the fair market value of a lost, stolen, or destroyed item not previously documented. The IRS allows an income tax deduction of some portion of the value with a proper casualty loss appraisal.
Cutting Proportion & Sarin Light Return Analysis Reports for Diamonds
GemSecure offers cut grading and measuring of diamonds to the highest accuracy using the Sarin DiaScan S15+ with the GIA® Facetware™. Comprehensive cutting proportion and symmetry analysis, as well as Hearts & Arrows and Light Return ASET images included in each CPLR report. If you have recently purchased a new diamond, confirming the detailed quality attributes of the cutting proportions, symmetry and light return is a must.
GemSecure is one of the few Gemological Laboratories in California that offers the same type of state-of-the-art hardware and software that GIA, EGL and AGS are using to evaluate cutting proportion and light return. Make sure your diamond has been represented properly from the dealer you have purchased from and rule out or confirm any discrepancies against your diamonds accompanied major lab certificate.
