INSURANCE REPORTS
Intended to describe and document the quality of the piece(s) of jewelry to develop a credible opinion for its replacement value for obtaining insurance coverage.
Billed per item. Most items fall within these pricing parameters; however if your item is exceptional and there is any additional cost, you will be notified before proceeding.
First item - $125.00
After the single item minimum is met:
Jewelry with stones and watches - $75.00
Jewelry with no stones (gold only) - $50.00
*More elaborate pieces charged by the hour and quoted by appraiser.
Estate
If the estate is subject to federal estate tax, a detailed report will be required to establish the fair market value for each item. Estate appraisals subject to IRS scrutiny entail additional market value research for significant jewelry items. These appraisals will list the documented sale prices of comparable items (e.g., researched sales at auction). When applicable, these prices are followed by an analysis of the similarities and differences between the item in question and the comparable items(s) assisting the reader to understand the fair market value conclusion in the report. Naturally estate appraisals require more time and research and are billed accordingly.
*Billed per hour at $200 per hour.
Equitable distribution
Often estates and trusts are not subject to federal estate tax but a report documenting every item is still desirable. For example, these less formal reports are useful to help with the equitable distribution of the estate/trust assets. Often these appraisals require less detailed market research and consume less time.
* Billed per hour at $200 per hour.
Consultation
In this situation, no printed report is required. Metal and stone identification as well as value can be provided.
*Billed by the hour at $200 per hour with a $50 minimum.
Assistance in selling your jewelry
Consignment - We may select jewelry to sell on consignment in our estate cases as well as our online store. We look for high end designers, period pieces or significant one of a kind or interesting items. You get paid upon sale of the item at an agreed upon price.
Cash - If you are looking to liquidate quickly and don’t want to wait for your jewelry to sell on consignment, or it does’t fit into the consignment mix, we give cash offers in most situations.
Huffords jewelry appraisals
• Gemstones are identified, graded, measured, and their weights calculated.
• Metal content is determined.
• All diamonds are described with weight, shape, color, clarity.
• Colored gemstones are described with weight, shape, color, clarity with further detail when appropriate. • Pearls are identified, graded, and measured.
• Your appraisal includes color photos.
• Digital copies available and/or printed color copies.