Whangarei

Types of Jewellery Valuations

Only those specifically referred to on this page are described here

Further types will be mentioned on the Valuer's profile pages as there are several other types of valuation reports, each with its own particular wording, purpose, objectives and resulting values. For an expanded list of types, go to the Valuation Definitions page.

Divorce (rarely requested) - this type of valuation is used to help divide the tangible assets of a marital estate. The type of value provided in the appraisal report will typically be determined by law, by agreement between the parties or by the instructions received from the Court. Commonly requested types of value include fair market value, liquidation value, replacement value and/or marketable cash value. The level of detail provided may also be a matter of agreement or decree.

Insurance Replacement Valuation (routinely requested) - To be presented to an insurance company, prior to writing the policy, to enable them to establish their maximum financial exposure in the event of a loss. The value represents the modal retail replacement cost of an item of equal merit from the most appropriate source, usually a Jeweller that regularly sells jewellery, watches or gems of that type. Whether the item is valued on the basis of a new replacement cost or a secondhand retail value is dictated by the type and age of the piece. Some Valuers in New Zealand provide both values in the same valuation report, the latter being quoted as an Indemnity Value.