Valuations


Valuations


Accurate jewellery valuation is a demanding and highly technical profession that draws on many areas of expertise and knowledge. Detailed and comprehensive reports are essential when claiming insurance for lost, stolen or damaged items, when seeking a fair price at a sale or if you want to purchase a new piece of jewellery.

At Kim Bartlett Master Jewellers we can provide an assessment that is based on accredited education and extensive training in gemmology, diamond grading/technology and valuing. Regular market research is also undertaken, which is a vital source of information on the latest materials and resources. Through the National Council of Jewellery Valuers (NCJV), we also have access to a network of other experts for technical advice, resources and information on industry issues.

At Kim Bartlett Master Jewellers we are able to offer several types of Valuations including:

Retail

A detailed assessment that estimates the likely replacement price at a traditional shop. This type of valuation is often used by insurance companies.

Auction reserve

The minimum hammer price achievable in an ideal auction market, where time is not a factor. This figure does not include premiums or commissions which can vary at each auction.

Non-forced sale

An estimate of a reasonable second-hand price between a willing buyer and seller in a fair or specialised market without time constraints.

Forced sale

The price that can be expected when an article must be sold within a short time frame in potentially non-ideal market conditions.

Second hand

A value for used items that takes into account the condition, desirability and collectability of the item.

Private sale

A fair and reasonable second-hand price when someone wants to sell an item to a member of the public. In such cases, the Valuer acts as an unbiased expert and GST, sales tax or duty is not included in the valuation.

Divorce property settlement

The Family Court may require a valuation of jewellery in a divorce settlement. Written directions are provided by the solicitors with the valuation usually based on “fair market value”, although this may vary.

Deceased estate

Again, written directions are provided by the lawyer or executor of the will, with the valuation reflecting the current market value or the requirements of the will.

All valuations are processed on the premises, and in most cases depending on the volume of items, an hourly or same-day service may be available. Prices for Valuations are calculated on a ‘per piece’ basis, so you know exactly how much it’s going to cost when you leave your jewellery. Photographs of your jewellery can also be supplied if required.


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