Jewelry
Appraisals

Appraisal fees vary by the number of pieces, their complexity, and the depth of research required. Most certified appraisers charge either a flat fee per item or an hourly rate. At Famille we provide a clear estimate before we begin. What we do not do is charge a percentage of the appraised value, as that practice creates a direct conflict of interest. Contact us to discuss your pieces and receive a fee estimate with no obligation.

A professional jewelry appraisal involves a systematic physical examination using gemological instruments including a loupe, microscope, and electronic metal testing equipment. Gemstones are graded on cut, color, clarity, and carat weight. Metal content is verified. The appraiser then researches current market data to assign a value appropriate to the purpose of the appraisal. The process concludes with a written report including photographs and full descriptions of each piece.

Seek appraisals from a certified gemologist appraiser affiliated with a recognized institution such as the American Gem Society (AGS), the Gemological Institute of America (GIA), or the National Association of Jewelry Appraisers (NAJA). A reputable fine jewelry boutique with credentialed professionals on staff, such as Famille in Greenwich, CT, will perform appraisals in-house using proper equipment. Avoid any appraiser who works only verbally without a written report, or who charges a percentage of the value they assign.

Certified written jewelry appraisals are not free, nor should they be. A valid appraisal involves time, expertise, professional equipment, and a formal written report. Appraisers who offer free written appraisals typically generate their revenue by purchasing or trading the jewelry they evaluate, which creates a serious conflict of interest. For insurance, estate, or legal purposes, always invest in a proper written appraisal from a credentialed professional.

The accuracy of a jewelry appraisal depends entirely on the qualifications of the appraiser and the methodology used. A certified gemologist using proper instruments and current market data will produce a highly accurate report. Note that different appraisal types yield different values by design: an insurance replacement appraisal will typically be higher than a fair market or liquidation appraisal for the same piece. That is why communicating the purpose of your appraisal clearly before the process begins is so important.

Most jewelry professionals recommend updating appraisals every three to five years. The market values of diamonds, precious metals, and gemstones fluctuate, and an appraisal from several years ago may no longer reflect current replacement costs, potentially leaving you underinsured in the event of loss or theft. If you have had your jewelry appraised with us previously, we can update your records with a brief in-person review to confirm condition and adjust values accordingly.