When was the last time you had your fine jewelry appraised? If it is a timeless Etienne Perret design, you’d better consider the consequences of not staying up to date with your appraisal records for insurance purposes! With the massive increases in precious metal costs, your lost gold ring might cost three times what it was appraised for in 2005!
The Jewelry Briefer has recently written an informative little article, reminding you of all the reasons why you should keep your fine jewelry valuations up to date. We appreciate the message and love the fact that she chose to feature Etienne’s platinum and colored diamond bangle bracelets. So listen to her message and get on the ball, it may save you thousands of dollars!
Quote from the Jewelry Brief article:
In June of 2005, the low for gold was $419.00per oz. Today gold is $1,227.50per oz. Wow! This is bad for those of us that did not take advantage of the 3:00am infomercial in ‘05 encouraging investment in gold, but it also means that your jeweler could not replace (at wholesale) your beloved gold bracelet for your current insurance replacement value, if the value has not been recently updated. And, you are still paying a premium to an insurance company!
Read the Complete article here.