Jewelry Insurance - Hints and Tips So You Don't Get Ripped Off

As crime and drug use increases, the riskslocal Dealer, on the Market or Antique Fair, why
involved in having Antique and Estate Jewelry justnot get it checked. What's the worst that could
lying around your home seem to treble. Ithappen? For less than the price of a Big Mac and
becomes a nightmare and you find you are justCoke it's a Bargain, plus there are many other
not sure what to do.advantages to having your Jewelry done at the
Here are some timely pieces of advice, but by noOnline Jewelry Appraisal Center.
means comprehensive. If you have specialYour appraisal valuations should be re-done every
circumstances, it may pay you to go one stepcouple of years as the price of Gold and Silver
further and get some professional advice.changes, as does the price of Diamonds and
BALANCE AND COMMON SENSE...Gemstones and Antiques in particular.
If you collect Antique Jewelry and your collectionWe do offer an excellent reminder service to
has grown to more than 'Just a couple of Rings'anyone who completes a 'Do-it-Yourself' Online
you will have a double edged sword to handle.Jewelry Self Appraisal Kit with us. This alone is
In the first place you have two problems.worth the small fee as it relieves you of the
* You are an active buyer, so people know whoproblem.
you are.But remember that if your Jewelry is lost or
* Insurance has put 'Premiums' through the roof.stolen, the insurance cover will only help replace
Personally, we just Hate to see items collectedyour treasure with something of 'COMPARABLE'
and never worn.value.
Jewelry was made to adorn, so if you can, wearIt can't buy you 'sentiment' and it can't buy you
them.another Georgian Chatelaine to exactly replace
But remember this is an open advert to thethe one you had. You may be able to get another
whole world that you have 'Got some Jewelry' at'Similar' item though, and that is better than the
Home. It pays to be just a little aware!few dollars or so, you may have received from
YOUR INSURANCE POLICY...the Homeowners policy.
Your Home and Contents policy 'GENERALLY'It pays to have an up-to-date Certificate. I can't
does NOT cover your personal Jewelry over astress that enough.
certain amount (this varies from company toIf in doubt, talk with your trusted Insurance
company). Plus if you had to claim, the InsuranceCompany.
company may take a 'premium' from you (sayBut even if it's just for 'Peace of mind', the small
$100) which they would DEDUCT from the finalprice (less than a Cinema Ticket) is well worth the
payout.effort.
The remaining value may not cover one item inIt's a No-Brainer really.
your collection, yet alone the 'sentimental' valueThere are several other SPECIAL REPORTS
associated with your personal favorites.available through our eMail-on-Demand subscription
So you will have to list all of the items individuallybox at the website, so please take some time to
and get an Insurance Valuation certificate as well.visit.
Because 'Sentimental' value does not apply, onlyThere is a timely warning on Security issues. It's
the replacement costs, you will have to ensuregood advice, plus there is some great tips on
your qualified gemologist/jeweler/valuerInvesting in Jewelry, Insurance guidelines and
understands why you are having an appraisalother notes on selling, Hallmarking tips etc, and
done in the first place.they are being added to all the time.
This can get expensive as professional appraisalsAnd the best bit is they are FREE....
typically cost a flat 'Take-in' price of around $20Thank you for taking the time to read this special
plus a sliding scale fee of approximately onereport. If you thought it interesting, useful or
percent of the final value.found it helped you in any way I would appreciate
In an item is valued around $1000 dollars, that feeyour comments via email at the address shown
is $10 + $20 take-in or $30 total. This is just forbelow.
ONE item. Valuation Appraisals can cost up to $60This is my personal email address and I read
dollars or more so if you have a small collection,every comment - good or bad.
you may need a small fortune just to keep upAlternatively: why not pass it on to a friend. I'm
with current prices.sure you can think of someone who might benefit
The BIGGER your collection - The B I G G E Rfrom this useful information. Treat it as doing me
your cost!a big favor. I will certainly appreciate it.regards and
But if you don't want a great outlay, you mightplease watch the road. David Foard F.G.A.A. Fellow
just take advantage of the useful 'Do-it-Yourself'of the Gemological Association of Australia and
Online Jewelry Self Appraisal Kit at the Onlineformer member of JATVC - The Valuers Council
Jewelry Appraisal Center at the address shown(retired).
below, which is a great alternative.P.S.
This ONLINE database system calculatesIf you administer a website or publish an ezine,
everything for you and prints out a descriptiveplease feel free to use this article as long as you
Certificate and is hundreds of times moreleave all links in place, do not modify the content
accurate and thorough than your local high streetand include our resource box as listed below.
jewelers' scribbled letterhead.Although it's not compulsory, just send me an
At such a low fee it's money well spent. Indeed, ifemail at and let me know if and where you used
you just purchased something on eBay or Yahooit. If you need other great content -
auctions, for example, you might wish to justcomplimentary of course - then drop me a line at
confirm an approximate value by using this easythe email address given - 'cause I've got Gallons
to use DIY Valuation Appraisal Kit.of the stuff....
Suppose you recently bought something from a