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Whether it’s a family treasure, milestone gift, or personal investment, our jewellery holds a special and incomparable place in our hearts. Our precious items are rich in both sentimental and monetary worth, yet the process of truly understanding this significance and getting jewellery professionally valued is often overlooked. Even if you have no intention of selling or relinquishing your favourite items any time soon, a professional jewellery valuation offers a range of benefits that go beyond simply knowing their cash value.
To celebrate the launch of the jewellery valuation service here at Bonds The Jewellers, we have compiled a list of the top 5 reasons why you simply must get your jewellery professionally valued.
1. Accurate Insurance Coverage
From theft and loss to accidental damage during the resizing or repair process, your treasured jewellery will come into contact with many risks during its lifetime. It’s therefore crucial that you take out a suitable insurance policy for items with significant value and many providers will require you to have a professional valuation conducted before taking out this policy.
An accurate valuation also gives you peace of mind that your insurance policy will cover your item’s market value and that you will be compensated correctly if the worst happens. Should your claim cover repairs as opposed to a replacement, the detailed report provided by a professional valuation gives you the information required to ensure your jewellery is brought back up to the correct specifications and standards.
2. Sell For The Right Price
If you do ever decide to sell your jewellery, knowing its true value is essential. The market is always fluctuating and the value placed upon different types of craftsmanship and gemstones will vary from item to item. When you get a jewellery valuation, you can be confident that you know exactly the price you can command and can negotiate with either the buyer or third-party dealer in confidence.
3. Understand More About Your Jewellery
Jewellery often carries a story or a historical meaning far beyond its obvious physical appearance. While you may think you know where a piece came from due to information passed on by the jeweller or your family, a professional valuation can offer even greater insight into its hidden history. The report provided with your valuation will confirm interesting details related to the item’s heritage, such as the origins of a gemstone, the type of craftsmanship, and even the cultural significance of a specific design. These unique insights can deepen your appreciation for your jewellery and add a layer of meaning that bolsters its sentimental value to you.
4. Gain An Insight Into Market Trends
As we have already touched upon, the value of jewellery is heavily influenced by ever-changing market trends. From the price of specific metals to shifting demand for certain gemstones, these fluctuations not only alter the monetary value of your jewellery but also your understanding of the wider discourse around it. Whether for investment purposes or personal knowledge and intrigue, staying up to date on your jewellery’s value with a professional valuation will always offer new insights.
5. Support Future Plans
At some point in your life, you may choose to pass on your treasured items to a loved one. Whether as a gift during your lifetime or passed on through the probate process, distributing jewellery can be both a sentimental and contentious event. A professional valuation gives valuable clarity by establishing the precise worth of your pieces and helping you to make fair and informed decisions about how they are passed on. It can also be invaluable in resolving disputes or misunderstandings between friends and family, ensuring your wishes are respected by all.
Get A Jewellery Valuation With Bonds
If you want to protect, appreciate, and make informed decisions about your much-loved pieces, a professional valuation is a critical stage of jewellery ownership. A valuation ensures that your jewellery is properly cared for and that its sentimental and monetary value is rightfully preserved for generations to come.
At Bonds the Jewellers, we are delighted to provide a professional jewellery valuation service tailored to your needs. In conjunction with Safeguard Valuations, the UK’s leading jewellery valuation service, we can offer the documentation and insights you need to protect and cherish your collection. Learn more online today and don’t hesitate to get in touch with us to book your valuation.
