Important Factors In Jewellery Valuation
Jewellery plays a major role in our lives not just as an accessory but also as an asset. It is an investment more than an accessory to wear to look beautiful and elegant. It is highly valuable, so much so that people gift their partners or loved ones different uniquely designed jewellery pieces on special occasions. Not just that it is transferred as a family heirloom to the next generations. By now you must be knowing how valuable a piece of jewellery is and here we are not just talking about the financial value, here we are emphasising the emotional and sentimental values that it comes with. The best part about a piece of jewellery is that its value keeps on increasing over time with that of the current market value. In other words, if you purchase a piece of jewellery today, you will find that its value will be more than the actual price in which you purchased after a few months or years. Therefore, going for the jewellery valuation service is a must from time to time.
In this article we shall be looking at some of the important factors which are taken into consideration while evaluating a piece of jewellery. You can take the help of a jewellery valuer having experiences and years of knowledge in this field. Apart from that certain companies like Prestige Valuations and alike provide you with the best jewellery valuers for evaluating the jewellery pieces to know their exact values. Let us now have a look at some of the important factors which are given much importance to while evaluating a piece of jewellery.
Material Used in Designing the Jewellery
The first and the foremost thing which is taken into consideration while evaluating a piece of jewellery is the materials used in designing the jewellery. When we talk about the materials of the jewellery, we are basically talking about the metals and the stones used in designing the jewellery. Gold, silver and platinum are some of the common metals used in designing a jewellery and to give it a more intricate and aesthetic appeal, certain valuable stones like diamonds and other gemstones are also used in designing the jewellery. All these aspects determine the value of a piece of jewellery. Moreover, in terms of metals and stones, the quality varies from low to high quality. If you use high quality metals and stones in designing the jewellery, then you will find its value to be always high as per that of the market value. Sometimes, in mass produced jewellery, they use metals and stones of low quality. Therefore, many people are turning to bespoke jewellery in Hatton Garden and all over the world, where they get to choose the quality of the metals and stones, along with the design of the jewellery.
Condition and Age of the Jewellery
Another important thing which is taken into consideration while evaluating a piece of jewellery is its condition and age. A piece of jewellery in good condition always comes with a high value as compar-ed to a piece of jewellery which is damaged. Therefore, in case there is damage in your jewellery, make sure to repair it first before taking it to the valuation process. Apart from that, the age of the jewellery also plays a significant role in determining the value of the jewellery. For instance, the value of an antique jewellery is higher than that of a modern piece of jewellery because of its age. Moreover, if the antique piece jewellery belongs to an important historical event or an important historical figure, then be assured that it is a highly valuable piece which you must take proper care of.
The Authenticity and Originality of the Jewellery
Last but not the least, the authenticity and originality of the jewellery also plays a major role in determining the value of the jewellery. If the jewellery is hallmarked and well certified, then it comes with high value. Apart from that if it belongs to a top brand or a top designer, then it is highly valuable. Therefore, while evaluating a piece of jewellery, it is important to submit important certificates and documents claiming its originality and authenticity. If you have designed a piece of bespoke jewellery in London or at a place near you, then ensure that you have all the documents ready with you for the valuation service which will claim the authenticity of the jewellery.
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