Jewellery valuation defines an item of jewellery in detail and that is of high significance for insurance purposes. At prestige valuations, one may get precise jewellery valuation for insurance purposes as the craftsmen here have proved the quality of their work time and again.
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When someone dies, their estate needs to be proved and described accurately within reasonable time limits. When currency rates increase, particularly related to the jewelry industry and cost of raw jewelry items also raise, a probate jewellery valuation is often required.
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The watch craze has been growing robust for several years now and shows no sign of stopping. Watches are indeed a well liked investment choice for many, as they can be relished whilst earning more value at the same time.
When the time approaches to liquidate your favourite watch from collection, it’s important to know if you’re selling it for a good price.
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If you are planning to invest in bespoke jewellery, you must first invest your time in putting some thoughts and ideas as to how you want the piece to be designed even before your approach your jeweller.
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Jewellery valuations are often also used by beneficiaries of the deceased estate to ascertain fair distribution. This is referred to as probate valuation. Every piece is individually valued in order to divide wealth equally among beneficiaries.
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Fine art and antiques have always garnered interest from the investors and collectors. If you have been investing in antiques then you must be interested in the future trends that the antique market will see. Let us take a look at the top trends in the antique investment market in 2020s.
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All You Need To Know About Jewellery Valuation
Jewellery is the most valuable asset we all have. The perfect way to protect your jewellery in the case of loss or damage is to insure it. But to get the jewellery insured, you need its valuation done. It is essential to get the pieces insured for the right price.
Requirement Of Valuation
Jewellery valuation is required in order to make sure you receive the correct payout in the event of a claim. For this you need professional jewellery valuers to examine your jewellery and to produce a formal document giving a precise description of each piece and validating how their value has been determined.
Why Insurers Need Valuation?
Insurance company would need your valuation as in the event of loss, the responsibility is on you to prove that you owned the jewellery items you are making a claim for. Jewellery valuation ascertains that you owned the pieces at the time of the valuation. They give a correct replacement value for insurance to be done. Say you want to get diamond ring valuation for insurance then valuers will give you the certificate. Many insurance companies do not ask for valuations below an agreed value but it is advisable to get the valuations done for all your jewellery items. If there are little pieces of jewellery, they can be grouped together and an overall value can be determined.
Save Yourself From Under Assessment
In case you don’t get the valuation done and you lose your jewellery item then in the absence of a valuation, insurance company uses claims management specialists. They try to determine the value of jewellery after it has been lost. It is an unsatisfactory process known as a post-loss valuation. Valuing jewellery items after you have lost it often results in an under assessment of the lost item’s real value.
Where To Get Jewellery Valuation done?
If you need your jewellery items valued, you can place your trust in Prestige Valuations. They are the leading jewellery valuers in UK. They have a robust team of expert jewellery valuers who have considerable experience within the industry. They are also into art and watch valuation. “Prestige Valautions” provides a high-standard, professional service.
Online Jewellery Valuation
If you have time constraint due to your work pressures, you can get you jewellery valued online. It’s the easiest and safest process. For this all you need is the purchase receipt. There are some basic precautions that need to be taken while getting the jewellery valuation online. The first thing is that the professional must be a certified in the field. The valuation should be done by experienced and qualified professional, not just somebody who works in the field of jewellery or owns a jewellery shop. Using a member of the Institute of Registered Valuers will ensure the job will be done properly. All “IRV’s” as they are called have individual reference numbers so you can check their credentials with the institute online.
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Express Individuality With Bespoke Jewellery
Millennials want to showcase their individuality and style in whatever they wear. Hence the trend of customised bespoke jewellery is gaining pace. Designing a piece of jewellery yourself lends a personal connect and adds an emotional touch. to whatever you are adorning. These days jewellery designers take order from their customers and create jewellery as per their specifications.
What does “bespoke” mean?
In simple terms “bespoke” means “made-to-order” or “customised”. Anything that has been commissioned to a particular specification is bespoke. Any bespoke item might be altered or tailored to the customer’s requirement or completely made from scratch as per the customer’s demand.
Bespoke Jewellery Services
The craze of bespoke jewellery is catching up in a big way. Bespoke jewellery services come to rescue those who want to adorn something that showcases their individual style. Such services have access to the finest craftsmen who are capable of bringing your dream jewellery piece into reality. Their craftsmen design and make jewellery from scratch for each customer. They make the jewellery especially to order. This way customers get the satisfaction of flaunt a self-designed jewellery piece designed with the help of master craftsmen. An expert goldsmith skillfully crafts each individual design.
Personalisation Of Design
An ace jewellery designer discusses with each customer the design they want to craft. The designers taking the orders are skilled and know their work so they easily tell if there are any design limitations. The first step of the process of making a bespoke jewellery piece begins by drawing up the design. Here comes the display of his imagination and knowledge. You can your zodiac sign designed on your jewelry item to be made. The designer then passes on the job to craft the piece to the craftsman or a goldsmith. And finally your personalised design sees the light of the day and is ready to be flaunted by you.
Obsession With Unusual
Everybody these days seems to be obsessed with unusual and unique. Now no more people are interested in buying a jewelry piece adorned by a celebrity published on a magazine cover. If you want to jump on the bandwagon of this fashion trend and are looking for Bespoke Jewellery London, then Prestige Valuations offers a trustworthy service. Your aesthetic dream designs are crafted by deft goldsmiths, displaying your style and personalized with hand-stamped personal messages or zodiac signs. From engagement rings, signature pendants to statement necklaces, bespoke jewellery fashioned from scratch is trending. Bespoke jewellery services are even redesigning heirlooms as per the contemporary and modern aesthetics.
A Story To Tell
Every bespoke jewellery piece has a story to tell, your story to be precise and that’s what makes each piece unique. It can be a romantic story of a couple or it could be depicting a tale of a mother-daughter relationship. Each story begins in your mind, which is then translated by a jewellery designer on a blank paper. And from there it passes onto a craftsman who shapes your dream jewellery item into a real designer piece. Flaunt your story and express your individuality!
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10 key factors to determine the value of your vintage or antique watch
Vintage or antique watches are pride possessions for the owner. Again there are sellers and collectors of such watches. But before you buy or sell such a product, it is important for you to know the exact valuation of the same. Determining the right valuation of an antique or vintage watch is important and there are many factors on which such valuations are dependent. For many people watch and Jewellery Valuation is a simple thing. But it is not so. There are many major and minor factors that need to be taken into consideration while valuing antique/vintage watches and jewellery pieces.
Here are 10 factors that determine the valuation of the antique/vintage watch:
1. Age of the watch–Understanding the age of a watch is not as simple as it seems. For American watch brands, age can be understood with the serial number from the watch movement. However, for European or Swiss watches, such serial numbers are not available. Style of the watch movement and the way of watch construction are the ways in which age of the watch can be determined. But studying and understanding these requires great experience.
2. Identification of the watch –For knowing whether your watch is antique or vintage, you have to know your watch at the first place. For determining the value of vintage/antique watch accurately, it is important to determine the manufacturer of the watch and gather as much information on the model, age, grade, quality, size and unique features of the watch.
3. Condition of the watch–This is probably the most important condition which is taken into account while carrying out vintage watch or Bespoke Jewellery Valuations. Vintage watches that are in working condition are more valuable than ones which do not function. Check the exteriors of the watch carefully and see if there are dents, scratches, missing hands etc on it. If there are such signs, it is obvious that the watch is roughly handled and will have lesser valuation than watches which are well maintained.
4. Quality of the watch–Valuation of the antique/vintage watch will greatly depend on the quality of the materials with which the watch is made. Some watches might use cheap materials in the making; while some use high quality materials. The finishing of the watches is also an important thing. Jewel count is the parameter with which quality of the watch is determined. Higher the jewel count better is the quality. There are different grades in jewel count as well.
5. Appearance of the watch – There is no doubt about the fact that visual appearance plays an important part in ascertaining its valuation. An unblemished and clean looking watch will have more value than one with scratches and dents. Unique looking dials, fine engravings, interesting watch movements and other visual qualities can raise the price of the vintage watch significantly.
6. Use your ears and eyes for checking finer things in watch – When the vintage/antique watch is in working condition, listen to the sound of the watch carefully. There should be no dragging or loose sound; rather it should have clear and crisp sound. The balance wheel motion also needs to be checked. Water damage or signs of rust also need to be checked as these are indications of other serious issues, which have affected the interiors of the watch as well. If a watch has rust on any part, its valuation drops down considerably.
7. Unique features–Watch collectors and connoisseurs will always look for unique features in a watch and these increase the overall valuation of the device. The uniqueness can be with the escapement, serial number, technological advancement implemented in the watch and other mechanical details. When recognized, the mechanical details can enhance the valuation of the collectible significantly.
8. Materials of the watch–Materials used in the making of the watches will determine the valuation and pricing of the item. Gold-plated watches, solid gold watch case, gold jewel settings, gold plated train wheels, special metal in movement of the watch etc are examples of watches that will have great valuation.
9. Rarity of the watch- You might have a very old watch, but it does not mean that it is vintage or antique. Rarity is the factor here. Also it has been noticed that a heavily used vintage watch in non-working condition can fetch only up to $200. Rarity of the watch can increase the valuation of the product and if it is in working condition, it is all the more better.
10. Originality and authenticity – Valuation of a watch depends greatly on the originality and authenticity of the product. If some parts have been changed or replaced in the watch, the valuation might decrease. The full watch should be in original condition. Along with originality, authenticity of the product is also important for ascertaining its real value.
Along with online jewellery valuation, vintage/antique watch valuation services are also available.
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Patterns and Designs of jewellery have changed over the years. Prestige Valuations have the capability of creating designs that you are dreaming off, which are truly unique, and have made a mark in the European jewellery arena. For more details visit: https://goo.gl/D14SUT
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Eliminate your fears and doubts about Fine Art Valuation
Art Valuation is an art-specific subset of financial valuation, is the process of estimating the potential market value of works of art and such is more of a financial rather than an aesthetic concern. Art valuation involves comparing data from multiple sources such as art auction houses, private and corporate collectors, curators, art dealer activities.Art valuation activity concerns itself with estimating market demand, estimating liquidity capability of lots, works, and artists. Casual conservation about how much art may or may not to be worth is fine but when things get serious, art appraises, consultants or advisors actually have knowledge and experience worth paying for.
All kinds of non traditional transactions happen outside of gallery settings, particularly between private parties, and that’s where art appraisers and advisors come in really handy. An experienced art appraiser researches and analyzes specific pertaining to the art itself, the artist’s background information, and the current markets and trends for that art before determining how much it’s worth. Appraisers can also show you how to explain your prices to anyone who asks. It’s always easier to sell art to people who understand what kind of value they are getting for their money.
Benefits:-
1- You can get to invest in something you love and in something that brings you personal reward apart from the financial return.
2- You can either inherit or have owned art for years or even decades to decide to sell.
3- Without current appraisers, you make an easy target for unscrupulous buyers who might tell you it’s worth one thing when it’s really worth much more. Appraisers and consultants protect you from these kinds of unfortunate outcomes.
4- Avoid free appraisers, they are rarely free. So for your own good avoid free art appraisers.
5- Beware of art price gourde, action records, online art prices or art price databases and other art price references if you don’t know how to use them.
6- Unless you are an experienced auction bidder and buyer, ask an appraiser or advisor to inspect art you are thinking about buying before you bid on it. This is especially true when buying at online auction.
7- No matter what kind of art buying situation you find yourself in, if you are not 100% sure what you are doing, ask an appraiser or advisor any questions you have about the art, artist or circumstances surrounding the purchase before you buy, not after. Saving your money in advance is far easier than trying to get it back after you spend it.
8- Never give away, throw out or otherwise get rid of any art you own, no matter how bad you think it is, what you think of the person who gave it to you, what condition it is in or how unimportant you think the artist is. Always have an experienced professional inspect and evaluate it first.
Think you can appraise art yourself? Think again. Figuring out how much art is worth and then whether to buy, sell, donate or trade based on those prices is by no means an easy task for people who don’t know how the art business works.
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