Types of Appraisals
Jewelry Appraisals Facts
Appraisals should be updated once every 2 to 3 years for inflation purposes and changes in market conditions - most insurance companies require it.
In some instances, with an appointment you can wait while your jewelry is being evaluated. The detailed appraisal report will follow.
Importance of Appraisals
Insurance Protection – with an Arthur Groom & Co. jewelry appraisal you will be able to obtain adequate insurance protection should your jewelry become lost or stolen.
Inflation Protection - a current Arthur Groom & Co. appraisal will determine if your jewelry is adequately insured and insure against changes in market conditions.
Why Recycle Gold?
Gold is a critical part of the world’s infrastructure, yet it is a non-renewable resource that is labor intensive to produce. The burden of gold production, however, is lessened by recycling efforts that contribute to the world’s gold supply.
About 1,000 tons of gold are recycled each year to meet annual market demands, which are higher than what is produced through mining alone.
Jewelry is responsible for about 70 percent of the gold demand. Jewelers who sell their scrap gold and polishing material contribute to the large amount of gold that re-enters the market each year via precious metal recycling. Industrial uses contribute to another 15 percent of the annual demand, with the final 15 percent in the hands of bullion investors.
$185.00 per hour (1 hour minimum). Appointment is mandatory. Evaluation with client present and supply written appraisal document the same day.
$150.00 per hour (1 hour minimum). Appointment is mandatory. Evaluation with client present and supply written appraisal document in a week to 10 days.
$125.00 per hour (1 hour minimum). Appointment is NOT mandatory, but strongly reccomended. Evaluation when client leaves the jewelry with us to be returned to the client at a pre-determined time. Itemized receipt is provided to client that day, and written appraisal document supplied in a week to 10 days. All jewelry is kept in our safes and covered by our insurance while in our care.