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Jewellery Valuation

Hi,

What is a reasonable charge for valuing a diamond ring for insurance purposes? My local jeweller wants £60 but that sounds a lot.

Any thoughts please?

Comments

  • McKneff
    McKneff Posts: 38,857 Forumite
    Part of the Furniture 10,000 Posts Name Dropper
    bit over the top. i have 1 diamond ring, 1 opal and diamon ring, 1 tennis bracelet, 1 neckace, 1 gold watch
    all valued at £2.500 for £25.00 = 1%

    suggest that you ask at one of the old establised jewellers as apposed to
    h samuel and the like.
    I would suggest you taking a photograph of yourself wearing the ring.
    My husband lost a gold bracelet which was 15 years old, obviously we did
    not have a receipt but a photograph was enough for "proof of ownership"
    make the most of it, we are only here for the weekend.
    and we will never, ever return.
  • Graeme7777
    Graeme7777 Posts: 255 Forumite
    Part of the Furniture 100 Posts Combo Breaker
    Thanks very much!
  • bristolbaron
    bristolbaron Posts: 43 Forumite
    that does sound expensive.. I used to charge £25 flat. where in the country are you?

    The assay office [responsible for UK hallmarking] offer a valuation service through retail jewellers.. their website is here:

    http://www.theassayoffice.co.uk/safeguard/spjvs.html
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