What is valuation?
When the jewellery, art or antique pieces are professionally evaluated or appraised, it is known as a valuation. In general, the true worth of the item is decided based upon the current demand and market value of the item. You need to have a valuation certificate for family settlement, insurance, selling and fair market value. Prestige Valuations work on jewellery valuation, online antique valuation, probate jewellery valuation, art valuation and so on. The valuation of the jewellery and antique pieces are done in the presence of the customers, either at their office, they will send their expert valuers to your home for valuation. The expert valuer will prepare a legal document to prove the accurate value of your precious items.
What factors are considered when valuing an art or antique item?
There are various factors that an expert valuer considers while deciding the true value of antique jewellery and other items and art. Factors such as condition of the item, its size, the date when it was created or manufactured, the quality of the item are important during valuation. Apart from that, some other factors, such as, the previous owner of the item, the authenticity and originality of the item, its rarity and the proof of its purchase are taken into consideration during valuation.
Technical analysis of art/antique piece
Apart from considering these factors, for art and antique pieces, technical analysis is done. For technical analysis of art and antique pieces, X-ray and ultraviolet rays are used.
What factors are considered when valuing a jewellery piece?
Jewellery valuations require certain factors for the appraisal. The experts have to consider certain factors for valuing different pieces of jewellery. Factors such as, the metal used for making the jewellery, the quality of diamonds and gemstones, the condition, size and brand of the jewellery, the quality and rarity of the jewellery, manufacturing details and proof of the purchase are taken into consideration.