Jewelry Appraisals

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Jewelry Appraisals & Jewelry Insurance

diamond appraisal
Robinson’s Jewelers includes a jewelry appraisal for all jewelry purchased in our store with a retail value of $1,500 or more. And as an extra benefit to our customers, we provide 10 days free insurance on items purchased from us with a retail value of $1,500 to $100,000 through our insurance partner, Zillion. Our customers absolutely love this program, and we sleep easier knowing that your purchase is insured when you leave our store!

Appraisal Expertise

Andrew Robinson, owner of Robinson’s Jewelers, is a GIA Graduate Gemologist. He is an expert in both diamond grading and gemstone identification and grading. In addition, he has deep experience buying estates and pre-owned jewelry. As a result, he has his finger on the pulse of the jewelry market and is uniquely qualified to provide all types of valuations.

What is a Jewelry Appraisal?

A jewelry appraisal is a document that describes an item and assigns a value to it. The description will cover the physical, measurable facts about the item, which would include the type of jewelry, weight, size/length, carat weight, metal type and other materials, brand, etc.  Appraisals also describe features such as diamond/gemstone quality and overall quality/type of manufacture.

Jewelry appraisals should not be confused with diamond or gemstone grading reports, although report data, when available, should be included in a jewelry appraisal.

Jewelry Appraisals & Insurance

Why do you need an appraisal? The most common type of appraisal that we prepare is to provide a replacement value for an insurance policy, which is usually the retail replacement value. Insurance carriers typically require a recent appraisal to insure jewelry with a replacement value over a certain amount. 

Some insurance policies provide a like-for-like replacement of the lost or stolen jewelry, while other policies pay the policyholder the retail replacement value, up to the insured amount. Whichever type of policy you hold, the point is to either return a comparable jewelry piece to you or return the value to you.

Insuring your jewelry gives you peace of mind, and it usually doesn’t cost that much! Rental and homeowners’ insurance carriers have jewelry riders available. There are also jewelry-specific carriers like Jewelers Mutual. With a professional appraisal in hand, it is easy to compare the various carriers.

Other Types of Appraisals

Fair market value appraisals

Fair market value appraisals reflect an item’s value in its current (used) condition. These types of appraisals are most appropriate for charitable donations and estate appraisals. Typically, values will be lower than retail replacement values because replacement values often reflect the cost to replace a used item with a new equivalent. Fair market value appraisals can also exceed the retail replacement value if the item is highly collectible or rare. An example would be a Rolex Submariner “Hulk” watch. This watch model is no longer available new from Rolex. It is only sold on the secondary market, and its fair market value far exceeds the original retail value.

appraisal
a close up of a person wearing a ring

Liquidation Value Appraisals

Liquidation value appraisals reflect immediate, wholesale value. These appraisals are used commonly for divorce settlements, bankruptcy, probate, and some types of estate liquidations.

FAQ

In most cases, no! We typically take all measurements, tests, and photos while you wait, so you can take your item with you. Our normal turnaround for a completed appraisal is one to two days. More complex pieces could take a bit longer.

Please bring all of these if available: Gemstone/diamond grading reports (like GIA, EGL, etc.), original purchase receipt, certificates of authentication.

Unfortunately, no. We must see the item in person to provide a written appraisal.

As a GIA Graduate Gemologist, I have the expertise and equipment necessary to identify precious gemstones and assess their quality. However, only grading labs (GIA, AGL, etc.) can determine the origin, which is what “Ceylon” refers to. Origin can have a significant impact on value, which is why high-quality precious gemstones are typically sold with a certificate.
Justin Cunningham
Justin Cunningham
2023-03-13
Verified
First and foremost, excellent quality jewelry. The store is very impressive. The service is also excellent. Secondly, I went in to sell some old jewelry that was collecting dust. They gave me an excellent offer on everything I was selling. If you are thinking of selling any of your old jewelry, diamonds included, i recommend this place for sure.
Cells For Cheap
Cells For Cheap
2023-03-13
Verified
Friendly owner and highest price wholesale !!
Jim Cross
Jim Cross
2023-03-11
Verified
Stopped in for a Garmin watch band adjustment. Great people. Very helpful. Highly recommend.
Ricky Tran
Ricky Tran
2023-03-08
Verified
Awesome group of people. Got a new watch recently and needed the band resized. Being down the street, they were able to quickly do me a favor and get my new watch onto my wrist!
Sabrina Wrightjones
Sabrina Wrightjones
2023-03-06
Verified
Excellent!! Nice and friendly and best of all, Great Prices. I will definitely be going back. Thanks much to Andy, Lisa and the rest of the team!
Terence Turpin
Terence Turpin
2023-03-02
Verified
Very helpful and friendly if you're looking for a ring this is the place to go
Rolando Torrens
Rolando Torrens
2023-02-25
Verified
Super nice owners and staff! Quick service! Walked in with some jewelry to sell and walked out with a really nice check! Will be back!
Jennifer F
Jennifer F
2023-02-24
Verified
BEST jeweler in town. Andrew goes above and beyond to keep his clients happy. Thank you Robinson’s Jewelers for making me feel special amd supplying quality jewelry
Sabine Robertson
Sabine Robertson
2023-02-24
Verified
I have been looking to update my engagement ring and walked into the store while visiting my son in Fort Lauderdale. Everyone was so friendly and truly I was impressed by the selections of rings available. Attention to detail and great customer service. Not only was the beautiful ring mailed to me I received two follow up calls form Andrew to make sure the ring fit and that I was happy. I can't wait to return and find some additional pieces.
Taylor Adwar
Taylor Adwar
2023-02-20
Verified
The staff at Robinson's couldn't of been nicer and more friendly! I needed help with my watch band, the staff was beyond attentive, and extremely kind. Fixed my watch band while I waited! Couldn't be happier with my experience. Thank you Robinson's!