What is valuation?
Evaluating or appraising your jewellery, art and antique pieces professionally is called a valuation. The actual worth of the item depends upon the market value and its current demand. People are required to have a valuation certificate for family settlement, insurance, selling and fair market value. Several companies like Prestige Valuations focus mainly on jewellery valuations, online antique valuation, probate jewellery valuation, the valuation of jewellery in divorce settlement, art valuation and so on. Generally the valuation of the jewellery and antique pieces is done on the spot, the customers remain present during the process, the expert valuers do the valuation either at your home, or in their office. The expert valuer prepares a legal document in order to prove the accurate value of precious and luxurious items.
What factors are considered when valuing an art or antique item?
There are some of the important factors that are taken into consideration while deciding the actual value of antique jewellery and other valuable items and art. Important factors such as the condition of the item, size of the item, the date of creation or manufacture, and the quality of the item are taken care of. Some other important factors include the previous owner of the item, the authenticity and originality of the item and the rarity and the proof of its purchase.
Technical analysis of art/antique piece
Technical analysis is done for art and antique pieces. They use X-ray and ultraviolet rays for that.
What factors are considered when valuing a jewellery piece?
Some important factors are required during jewellery appraisal. Factors such as the metal used for making the jewellery, the quality of diamonds and gemstones, the condition, size and brand of the jewellery, the quality and rarity of the jewellery, manufacturing details and proof of the purchase are given importance.