Types of Valuation Appraisals | Lesson 2

Types of Valuation Appraisals

Let’s have a quick assessment from our last lesson.

We discussed several Terms and demystified some of the ‘Jargon’ in use around the Antique and Jewelry Trades.

Thankfully, we will be able to continue in that fashion in order to make life easier for both of us (although there are some terms we can’t avoid) but which will be covered in detail if necessary.

Accept right from the beginning that this will be a real ‘Hands on’ course unlike anything you’ve ever received before. It will be like ‘Looking over my shoulder’ as we go through the practical tests and measurements needed in jewelry valuations today.

We also covered briefly:

• What exactly is a Valuation or Appraisal.
• How jewelry from around the world can alter price - and that ‘Price’ isn’t everything.
• That You are the best ‘Tool’ you can ever have.

There was nothing complicated or scary in the first lesson, it was just a short introduction to the subject. We will be starting in earnest after today’s seminar, as I plan to lead you through a practical valuation from start to finish.

It will be the best I can do to explain the procedures involved in Valuing your own Jewelry.

This information will help you complete your own valuation (although there is a quicker and better way) but for now we’ll stick with the program.

So what can we expect in today’s tutorial?

• What is a ‘Master Valuation’.
• Types of Valuation Appraisals and how they apply to us no matter where we live.
• The importance of the correct description in jewelry and why you should NEVER ignore it.

#HINT All the calculations and procedures done in this course are built in to our ‘Online Jewelry Valuation Self Appraisal Kit’ which itself is based on the ‘Master Valuation’ price. Once we have that, all other valuation appraisals can be calculated easily. Even if you want one of the other classes (Auction reserve for example) the ‘Master Valuation’ is the ONLY place to start.

As you know all Valuations stem from one type. The Valuation for Insurance, also known as a ‘Replacement for Insurance’ appraisal, is the basis for all other types.

So what are they and how do we arrive at a final figure for them?

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