Professional Jewelry, Diamonds, & Gemstone Appraisal Services in San Diego

Insurance Replacement Appraisal

A replacement value report is used by your insurance company to provide descriptive and value information to insure your jewelry items against loss or damage.

Estate or Trust Valuations

Used for estate valuation purposes, it is necessary to determine inheritance taxes on individual estates.  Fair market value as defined by the IRS is used and a listing of comparable sales is required by law for this type of valuation.

Divorce Settlement/Dissolution of Marriage

For equitable division of community property, fair market value is used.

Damage Report

This report determines the amount of loss due to damage, including the cost of removal, recutting and resetting of gemstones, and repair of damaged mountings.

Donation

To determine the tax basis for donated items, fair market value is used.

Liquidation

This report is used to determine the most likely cash price the owner should realize upon sale of the item. Values can vary according to the time constraints such as a court order or bankruptcy.

Comparison

Used to verify an item of jewelry’s identity and/or quality as represented by the seller, comparison appraisals usually value the item at its most common retail replacement value.

Casualty Loss

This report determines the Fair Market Value of a lost, stolen or destroyed item not previously documented.  The IRS allows a deduction for income taxes based upon a portion of the value with a proper casualty loss appraisal.