How To Get A Wedding Ring Appraised
In general to determine the value of a band first you need to find out what precious metal it is mainly made of eg gold or platinum. A good appraisal will take a variety of factors into considerations including carat weight the color of the stones the cut of the stones the metal type and any markings in addition to other factors.
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Youll need it in order to get ring insurance or if youre adding a rider to cover your ring and bands on your homeowners insurance policy.
How to get a wedding ring appraised. How to sell a wedding ring. Prepare your ring for sale by getting an appraisal. The earlier you have your ring appraised the better.
There are a lot of reasons you might want to sell a wedding ring. Why get an appraisal. Think of an appraisal as a souped up receipt in case anything happens to your ring.
That way you can get your ring insured immediatelyleaving you with one less thing to worry about. Its time to set the record straight on some common misconceptions about when a ring appraisal is needed when it isnt and which details are required for insurance. Whatever they are you want to make sure you get the best price and have a good experience.
Get an appraisal of your ring. Getting a ring appraisal isnt exactly something you do every day and unknowns can be intimidating. As soon as you have your ring in hand you can have it appraised unless it already came with an appraisal from blue nile or james allen.
Whether it is for insurance purposes or your own piece of mind it is wise to get your diamond appraised. The other component of the value of a diamond ring is the bands price which depends mostly on the metal used to make the ring. It is best practice to get an appraisal as soon as you purchase your diamond just in case your ring becomes damaged lost or stolen.
So if youre looking to get your diamond jewelry appraised in order to get it insured the appraisal is the way to go. The jeweler will appraise your ring by inspecting the stones as well as the setting. But if you are given a ring by a family member perhaps after a relative has died its important to know the value of the piece of jewelry.
In case you want to sell your diamond ring you can have it appraised before you offer it to prospective buyers. If you receive an engagement ring from your fiance you can ask him how much its worth if you really want to know. But if youre looking to sell or finance your diamond what you need is a diamond grading report.
The appraised value will then be used to calculate how much you will need to pay for your insurance policy.
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