Have you ever heard of someone having their jewelry appraised? Do you have any idea why this is even necessary and what is so important about this document? Here, we exaplin everything you need to know about appraisals and why you should ask for one!

Even if you don’t own a unique colored diamond jewelry piece, unlike most other purchases, it is actually a really good idea to have your jewelry appraised at some point or another. Not only does jewelry generally maintain its value, but it often appreciates in value as well.

This is why, when contemplating your insurance needs in order to protect yourself, understanding what an appraisal is will help you get the correct value for it should there ever be a need. Regardless of whether it’s because you are selling the piece or because you want to ensure it is protected in all circumstances, here is information about a jewelry appraisal you want to know.