No. An appraisal is
a document that states
the approximate retail
and replacement value
of your jewelry item.
It is used primarily
for insurance purposes
in the case of loss,
theft or damage. Some
insurance companies
may require a diamond
grading report in addition
to the appraisal.
An appraisal is calculated
using current market
data and usually includes
the following information:
- 4C’s of diamonds
- Characteristics
of gemstones
- Weight of precious
metals
- Craftsmanship and
ring style (antique,
contemporary etc.)
- Condition of ring
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