Appraisals

We can provide written documentation for replacement, estate, and fair market purposes.

Experts You Can Trust

All appraisals are performed in-house by our owner, Bill Elliott.  Bill is a Certified Gemologist Appraiser® of the American Gem Society and Gemologist® of the Gemological Institute of America.  He has been actively engaged in insurance and estate appraisals, gemstone identification, and evaluation since 1971.

Types of Appraisals

Replacement

Used for insurance purposes, this type of appraisal value sets a legal limit of coverage for your jewelry, and helps determine the premium you'll pay.  This type of appraisal is also used by individuals interested in selling their jewelry to the public, as it gives the potential buyer an idea of what it would cost to purchase a similar item at a jewelry store.

Estate

These values are lower than replacement and represent what an item might sell for to a third party.  As the name suggests, these values are used to settle estates and sometimes have tax consequences.

Fair Market

Similar to estate values, these represent prices that a willing buyer and a seller not under duress might agree to.  These are used in situations of divorce and setting possible selling prices between family members or close friends.

Appointment or Drop Off?

At Ross Elliott Jewelers, appraisals by appointment offer a personalized experience, allowing you to stay with your jewelry and ask questions throughout the process. To ensure a thorough evaluation, appointments typically accommodate up to three items and are available Mondays, Fridays, and Saturdays at 10:00 AM ET.

For those with busy schedules or multiple items, our convenient drop-off service may be the ideal option. Simply bring your pieces to the store during regular business hours, and our associates will photograph your items and provide you with a claim check for peace of mind.

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