Jewelry Appraisal experts around Brooklyn NY
Reviews of respected Appraisers & Gemologists who provide jewelry appraisal services to Brooklyn New York. Antique, estate & modern diamond jewelry & watches are valued and included in appraisal reports for all purposes including: Insurance Replacement, Estate, Open Market, Divorce Settlement & Equitable Distribution etc.
All jewelry appraisal businesses listed on JAW:
- Are full-time accredited Appraisers and diamond experts, not retail jewelers.
- Are fully qualified and experienced.
- Have had all of their credentials independently verified by us.
- Are held to account by national and sometimes also international appraisal governing bodies.
Click the "View Profile" button on the Appraisers' listings below to view their full profile. This displays their credentials, appraisal cost, gallery, client reviews, an outline of their appraisal & gemological services and advice on how you can do business with them.
The Appraisers below are arranged in order of the number of customer reviews they have received.
Rego Park, New York
Jewelry appraisal for all purposes are performed for private individuals, these include (but are not limited to): Insurance Replacement. Fair Market Value for Estate, Probate, Donation and Casualty Loss. Consumer Resale/Liquidation, Equitable Distribution and Divorce Settlement. Services for corporate clients include: appraisals for Collateral Loan, Bankruptcy and Liquidation, Estates, Trusts and Financial Planning. Timeless also regularly handle work for Government and Law Enforcement agencies.
All appraisals are totally unbiased and independent and are... [more info, fees, reviews etc]
Gemological Appraisal Laboratory of America, INC.
Manhattan, NY, USA
For over 30 YEARS, GAL and its staff of expert Gemologists have built its reputation as one of the leaders in the industry. They offer a number of appraisals and comprehensive laboratory services to suit any of your needs.
All of their Gemologists are graduates of the Gemological Institute of America, including years of industry experience. GAL's staff are required to continually improve upon their education and training by regularly attending seminars, lectures, and advanced gemological studies, including the coveted and highly regarded, Fellowship... [more info, fees, reviews etc]
Types of Jewelry Appraisals
Only those specifically referred to on this page are described here
Further types will be mentioned on the Appraisers' profile pages as there are several other types of appraisal reports, each with its own particular wording, purpose, objectives and resulting values. For an expanded list of valuation types, go to the Appraisal Definitions page.
Fair Market Value (occasionally requested) - This type of value is most commonly defined by law, regulation or a local jurisdiction. In general there is no presumption that a sale will occur within a specific time in the future but rather the assumption that the sale had occurred as of the valuation date. The broad, generic definition is: ‘The price at which the jewelry would change hands between a willing buyer and a willing seller, neither being under any compulsion to buy or sell, and both having reasonable knowledge of relevant facts.’
Liquidation (commonly requested) - an appraisal provided to assist the client in the relatively rapid sale of their jewelry or watches may take the form of an appraisal report or a restricted report. It may be presented in either written or verbal format and as with other types of resale valuations the level of detail included and the type of value(s) requested are the client’s choice.
Estate Tax (commonly requested) - Estate appraisals prepared to help determine estate tax must meet specific standards outlined in the Code of Federal Regulations and / or the specific regulations of each specific State. For Federal estate tax purposes, the Fair Market Value, as specifically defined by the tax code, is provided based on the methodology and to the level of detail required by the IRS. Recent Tax Court rulings require that these appraisals must meet very specific criteria. This type of jewelry appraisal is very demanding and requires an Appraiser with a high level of education, training and experience in order to help avoid significant tax penalties and possible sanctions by the IRS. Specific value definition and requirements vary between States.
Insurance Replacement (routinely requested) - Replacement value appraisals are intended to be used for scheduled insurance coverage of jewelry and watches. The descriptions are usually the most detailed of any appraisal type and include the quality and condition of the item as well as the cut, color, clarity and carat weight (calculated or estimated) of gemstones and diamonds. When appropriate, the age or historical provenance may also be considered as value elements. Depending on the specifics of the item being appraised, the replacement value may be based on the analysis of sales for similar ‘new’ items of like kind and quality or sales of ‘used’ (vintage) items of comparable kind, quality and utility.
You may have to look outside the Brooklyn area if you require a very specialized service that may be outwith the scope of a normal gem and jewelry appraisal, or if you require a jewelry expert or Gemologist to travel to another country. Appraisal services such a jeweler's stock audit, Capital Gains assessments and certain types of evaluation for investigations by the IRS or FBI are handled by specialists on JAW but you may need to broaden your search.
Please see the NY Jewelry Appraisers page for more options.