Most Insurance companies now require getting your jewellery appraised every Five years in Canada, not to mention because of very low Canadian dollar, the estimated appraisal value of your fine jewellery might have changed. Having revalued your precious jewellery ensures you don't get burned in case of a loss, theft or damage. Most Fine Jewellery appreciate in value with time.
At Karat Fine Jewellery, We have a Certified Gemologist & a Certified Jeweller on staff that can Update your Appraisal starting at a low cost of CAN $65 + taxes. Simply bring your Fine Jewellery and a copy of the old appraisal that needs to be updated to our in store Gemologist.
Most People think that if you get your jewellery appraised immediately after purchase you are set for life. However the fact is appraisals are only valid for a limited period of time. The reasons fine jewellery needs to be appraised every few years include:
• Jewellery markets can be volatile and prices change over the years for precious metals and gemstones. You will want to have up to date information. • As the inflation rate changes, currency market change the value of your jewelry may have changed. • Any damage, daily wear and tear to your jewellery may impact the value. If you are passing jewellery on to beneficiaries and want to divide equitably you will want to verify the condition has not changed.
If you are insuring your jewellery you will want to check your specific insurance policy or agent to find out how often they require appraisals. It is unlikely they will provide you an appraisal reminder so you will need to keep track yourself. For all your fine Jewellery needs come visit us at
KARAT FINE JEWELLERY, CHERRYHILL VILLAGE MALL , 301 OXFORD STREET WEST, LONDON, ONTARIO N6H 1S6 519 601 0160.
Store Hours : Mon - Fri 9 am - 8 pm Sat 9 am - 6 pm.
NATIONAL AWARD WINNING JEWELLERY DESIGNER ON STAFF.
CERTIFIED GEMOLOGIST ON STAFF.
CERTIFIED JEWELLER ON STAFF.
* Please Note we do not give any prices, suggestions or professional advice via telephone or emails, if you are genuinely interested please come in to see us. We are a Canadian, Local Independent Business located in the middle of London. Ample of Free parking
PROUDLY CANADIAN OWNED & OPERATED