Articles on Replacement Value

At AppraiseItNow, we see clients every day who need clarity about the appraisal process. Some are surprised by their appraised value. Others wonder why it differs from online estimates. Many simply want to understand what goes into these crucial calculations that can impact insurance settlements, tax assessments, and legal proceedings. Here's how professional appraisers actually determine fair market value, and what you can expect when you order an appraisal.

Getting your jewelry appraised can feel overwhelming, especially when you're not sure what the process involves or what you'll receive at the end. A professional jewelry appraisal provides an expert assessment of your piece's value, typically ranging from $100 to $300 for standard items, and includes detailed documentation about materials, craftsmanship, and current market value.

Ever wondered if that engagement ring you bought five years ago is still worth what you paid for it? Or whether your grandmother's vintage necklace needs a fresh appraisal for insurance purposes? You're not alone in asking these questions.

When Sarah's engagement ring was stolen during a break-in, she thought her homeowner's insurance would cover the full replacement cost. Instead, she received just $1,500 for a ring worth $8,000. The problem? She didn't have a professional jewelry appraisal to prove its true value.

Did you know that outdated jewelry appraisals can leave you underinsured by thousands of dollars? Whether you inherited your grandmother's diamond ring or purchased a precious metal collection, understanding the true value of your gems and jewelry is crucial for protecting your investment.

Getting your jewelry appraised is just the beginning. The real value comes from knowing exactly what to do with that appraisal once it's in your hands. Whether you're protecting a family heirloom or securing insurance for a recent purchase, your next steps can make the difference between proper coverage and costly gaps.