Jewelry Appraisal CenterToday I'm going to take a look at one of the "4 C's" of how diamonds are graded. In case you don't know, diamonds are graded in 4 main categories or groupings - cut, color, carat and clarity. Let's have a close look at one of the biggies - clarity.
The range for grading clarity goes from IF (the best) down to I3 (the worst). In total, there are 10 grades that a diamond can be given.
Clarity refers to how many "inclusions" that are found in the stone. Basically, inclusions are small blemishes or imperfections. They occur naturally when the rock is forming in the earth and inclusions are found in nearly all diamonds.
When grading the diamond, a gemologist inspects the diamond under magnification to look at any inclusions that are in the stone. The grading is then decided on how many inclusions, and as well how apparent or big they are. Keep in mind that this is done under strong magnification.
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Just to illustrate, a diamond that has an IF or flawless grading has no inclusions whatsoever. This is incredibly rare, and understandably, this type of diamond will have a huge price premium attached to it.
A stone with a grading of VS2 will have "very slight" inclusions - these will only be noticeable under a microscope and aren't noticeable with just the naked eye. These diamonds are priced for significantly less that an IF graded diamond.
It's important to understand the different ways diamonds are graded. Pick up a diamond ring buying guide - this will make a huge difference in the end as you can save some huge cash on your purchase. Just a little education will be the difference in finding an affordable engagement ring instead of overpaying and putting a huge smile on your jewelers face.
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Jewelry hallmarks
Professional jewelry appraisals completed by gemologists and valuers often have to take into account the effect the jewelry hallmarks have on the value of each item being appraised. Do they alter the price, up or down, depending on the hallmark. The simple answer is yes – and no. It depends on the hallmarks themselves and where they come from.
I get similar questions on forums and ‘expert’ websites, together with my own members discussion group. They are usually in the following format, and in general the same questions get asked over and over again. They go… Continue reading Jewelry Hallmarks And What They Mean...
Wedding rings are an extremely important symbol of a couple’s love for each other. As such, finding the right wedding rings for both the husband and the wife to be is the first major decision most couples will make together. Knowing what styles of wedding rings you both prefer and managing to combine these styles into one set of rings is sometimes a bit of a challenge, but one that will be important for the rest of your life.
Choosing a specific type of metal for your wedding rings, specifically the bands and settings, will… Continue reading Wedding Rings With The Perfect Style...
The Asscher cut diamond is unique that owes its name to Joseph Asscher the person that invented this particular stone way back in the year 1902. This diamond cut has as many as seventy-two facets and the diamond is shaped as a square though thanks to its parallel step facets as well as depth of corners it can be likened to an octagon as well. Sparkling Diamonds The true beauty of the Asscher cut diamond lays in the fact that such a cut helps make a diamond sparkle like no other diamond cut. Even though the Asscher cut… Continue reading The Asscher Cut Diamond Provides An Antique Feel...
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When one pays for your service. Ie the use of your appraisal software. Are you paying for the right to use the software on an ongoing basis for multiple appraisals or just one item?
I am looking for something that is on going.
I am interested in doing liquidation price valuations of jewelry? Not everyday price or Insurance valuations. I want to buy and resell quickly at a profit. We are in the liquidation business and have the opportunity to bid on jewelry items from time to time and I am trying to learn how to value them for quick disposal.
G’day Tom and many thanks for your interest.
As you are probably aware – gemologist/jewelers/valuers are expensive because they ALL follow the same professional pricing fees.
ie: 1 item for 1 certificate for 1 price.
The only difference with ONLINE appraisals (apart from 24/7 access) is the fees are much lower.
We also have a special TRADE ONLY area with reduced prices for the Industry. You can read about them here: http://www.jewellery-trader.com/
For those who might be interested – we are considering a MEMBERS ONLY area with unlimited access, so you could do as many appraisals as you wanted for the monthly fee. Most of our traders tend to like the current ‘Pay-as-you-go’ model.
Let me know what you think.
Dave
G’day Tom (again). Please remember that a so called ‘Liquidation’ price has NOTHING to do with an appraisal.
You as a willing seller still have to find a willing buyer.
Generally; the industry standard valuation appraisal is called an Insurance Appraisal (because that’s who it is designed for) or even a Retail Replacement Valuation. The way appraisers and valuers arrive at this figure is built into our online appraisal system which will print out a certificate.
We call this the MASTER APPRAISAL value.
It is from this value that a Trading Range is derived – and that depends on a few factors such as second-hand price, probate, forced sale (also known as liquidation) or Auction value etc. There is no such thing a a fixed price, so a trading range is the best you could hope for.
Our TRADE Only Area has more info here: http://www.jewellery-trader.com/
Dave