Jewelry appraisers can provide valuable services to people who own diamonds and jewelry or are in the process of buying diamonds and jewelry.
First, the jewelry appraiser can identify your jewelry as to the material, quality, workmanship, condition and other characteristics that influence the items value. For example, diamonds that appear similar to the eye can vary in terms of color, clarity, cut, fluorescence, measurements and durability. These are all factors that uniquely identify one diamond from another and can cause the value of one stone to be more than double that of another even if they are identical to the unaided eye.
Second, the jewelry appraiser can estimate the value of the jewelry item. The definition of value can vary depending on the purpose of the appraisal. For example, an appraisal value could be quite different if the purpose is
1) selling the item,
2) purchasing an item from a retailer,
3) insuring the item after purchase,
4) settling an estate,
5) distributing property in a divorce, or as an expert witness in a lawsuit.
Third, the jewelry appraiser is a witness to the existence of the property. ...