Jewellry Valuation

mordent_smiley

Unfortunatley we were recently broken into. Jewellry that belonged to my grandmother was stolen. My mum had it valued in 1982 (487 pounds). Is there anyway I can find out how much it was worth today?
Thankyou

LittleVoice

The value of jewellery changes over time: like the stock market, it can go down as well as up. There are all sorts of factors – eg “fashion” (jet goes in and out of fashion for example), precious metal content, number of items in the collection. Without a full description it will not be possible to get a value figure, relating it to 1982 valuation will not do. And was the 1982 figure for insurance purposes or probate – as that too makes a difference to the figure she would have been given.

You should have been thinking of the value when you insured your household contents in the time you have been responsible for it. What did the collection consist of – do you think any items would be particularly valuable?

mordent_smiley

The most expensive item was a gold bracelet worth 250. The other items were a pearl ring, two turquoise rings and a silver bracelet. None of these were worth more than my single item value of 1500 in my contents insurance. I just wanted to know if anyone knew how to get a rough guide so I'm not short changed by my insurance company.

LittleVoice

Sorry I can't really help further other than this reply bouncing the question up the board again.

I wouldn't think there would be a formulae you could apply because of fluctuations in price on what is considered fashionable at the time. It's not like a straightforward cash inflation figure.

You could try looking in a few jewellers and seeing if there are any antique pieces which look anything like the things which were stolen. Sometimes hotel shops have antique jewellery too.

Good luck with the insurance claim. I hope the pieces weren't of too sentimental value to you.

mordent_smiley

Thanks anyway.
They were sentimental as they belonged to my grandmother.
I've looked in the second hand shops and pawn brokers but don't really think I have any chance of finding them.
Thanks again for replying.