Factors Which Impact The Jewellery Valuation

What is the most important asset which you have with you at home? You can name many, however, the most unique one is the jewellery which you have at home. Jewellery is one of the valuable assets and people invest in it a lot. Apart from being a great investment, a piece of jewellery gives you an elegant and sophisticated look and when you wear it with a stylish and fashionable outfit, it enhances your status quo in the society. Jewellery, designed in expensive metals and stones, helps you in so many ways. Therefore, it is necessary to evaluate your jewellery from time to time to know its exact value. In case of an unwanted situation, such as jewellery in divorce settlement, claiming insurance for the jewellery in case of a theft, robbery or damage, equal distribution of jewellery when there is a death in the family, while travelling to a foreign country and so on, if you have made a proper valuation of the jewellery, then you can gain a lot of profit from it. Also, the value of the jewellery keeps on fluctuating as per the market value, therefore, evaluating your jewellery keeps you updated about its exact value.

In this article we shall be looking at some of the factors which impact and affect the process of evaluation of jewellery. To properly evaluate your jewellery, you need an expert valuer who must have proper knowledge and years of experience in this field. You can also take the help of companies providing you with expert valuers. Prestige Valuations is one such company in the UK which provides you with experts for probate jewellery valuation services, watch valuation services, handbag valuation services, jewellery remodelling and restoration services and so on. Let us now have a look at some of the factors which impact the process of evaluation of jewellery pieces.

The Materials of the Jewellery

First and foremost, the materials used in making the jewellery determines its value. In other words, expensive materials are used in making a piece of jewellery and the more expensive the material is, the more valuable the jewellery is. Also, the materials used for making the jewellery must be original and authentic, it is because the authenticity and originality of the jewellery determines the exact value of the jewellery. For instance, if the jewellery is made up of expensive and original metals, like gold, silver and platinum and is designed with expensive and original stones, like diamonds and gemstones, then the jewellery comes with a high value and most of the time, its value keeps on increasing over time as per the market value. It is one of the important aspects which you need to remember when going for the jewellery valuation.

Condition and Age of the Jewellery

Another factor which impacts the evaluation of the jewellery is its condition and age. If the jewellery is in proper condition, then the value of the jewellery is high. What are the factors which determine the proper condition of the jewellery? It should have proper lustre and shine, it should not be broken or damaged, for instance, it should not have lost stone, it should not have broken clasp and so on. In other words, it should not be damaged in any way. In case there is damage, it is better to take your jewellery for the jewellery remodelling and restoration process, before taking it to the evaluation process. The age of the jewellery also determines the value of the jewellery. The older the jewellery is, the more valuable it is. Therefore, as compared to the contemporary jewellery pieces, you will find the antique jewellery pieces having higher value.

Brand and Designer Associated with the Jewellery

Another factor which impacts the process of evaluation of jewellery is the brand or the designer it is associated with. For instance, if your jewellery is from a famous and renowned brand, then the value of the jewellery will be higher than the time when you had actually purchased it. It is because these brands come with all the original documents and certificates which prove the authenticity of the jewellery. Moreover, they sell hallmarked jewellery which further makes your jewellery more valuable. Similarly, when your jewellery is associated with a famous designer, then the value of the jewellery is high, especially when you have customised your jewellery from the famous designer, then be assured that your jewellery will be highly