There are a lot of people who have a large collection of jewelry sitting around in their homes, but they have no idea how much any of it is worth. If you thing getting a jewelry appraisal is a waste of time and money, here are three reasons why you should reconsider your opinion.
Your Home Owners Or Renters Insurance Doesn’t Protect Your Jewelry
A major misconception that a lot of people have about home owner or renters insurance will cover lost or stolen jewelry. In reality, a typical insurance policy will not cover your jewelry! In most cases, you will have to have a different policy for your valuable jewelry. Getting this policy will require you to have a jewelry appraiser check out your jewelry and put a monetary value on all of it.
All Jewelry Is Valuable
Some people think that their jewelry is not very valuable. Just because you only have a few pieces, there is still a lot of value in those pieces! If a thief were to get a hold of your jewelry, they will probably make a pretty good amount of money off of your stuff! Even if you only have a few hundred dollars worth of jewelry in your home, if it were lost or stolen, it would be a few hundred dollars that you lose out on- not to mention the sentimental value associated with the pieces stolen from you. Getting an appraisal will allow you to insure your stuff, even if it’s only a small policy.
Jewelry Thieves Are Always On The Prowl
Face it… Not every human being is an honest person. There are thieves all around us! Especially when our economy is in such bad shape. Family members are stealing from each other; Friends are stealing from each other; And even children are stealing from their parents! When someone has to choose between letting their families starve or stealing your jewelry, which choice do you think they will take? Get your jewelry appraised and insured to protect yourself!
Protect Yourself and Your Investment
Jewelry is never cheap. There is always some sort of value attached to it. It is the job of an appraiser to determine the monetary value, but there is more than just money in the value of your jewelry. Maybe you have a pair of earrings that your son gave you for mothers day, or you have a watch that your daughter bought you for fathers day. You may not wear these pieces anymore, but in your mind, they are probably priceless! An appraisal and insurance policy will help protect your priceless jewelry!