JEWELLERY VALUATIONS
At Cheshires the Jewellers, we specialise in providing professional and accurate valuations for probate and insurance purposes. We understand that this process can be sensitive, and we are here to offer our expertise to assist you fulfill these administrative requirements.
WHAT IS A PROBATE VALUATION?
A probate valuation is required upon the death of the owner of jewellery and other valuables. This valuation is necessary for submission to the legal representatives managing the estate. The purpose of a probate valuation is to determine the open market value of the items at the time of death, which is typically lower than their insurance value.
OUR VALUATION PROCESS
- Initial Consultation:
We begin with a consultation to understand your needs and to explain the valuation process. This includes discussing the number and nature of the items to be valued. - Accurate Valuation:
Our experienced valuers will assess each item based on its open market value at the time of death. This process is thorough and considers current market conditions to ensure accuracy. - Detailed Reporting:
We provide a valuation report that includes the necessary details required by legal or insurance representatives. While the report for probate contains fewer descriptive details than an insurance valuation, it meets all legal requirements.
VALUATION FOR INSURANCE
It is vitally important that you keep your valuations on your jewellery up to date. Firstly a valuation shows current market value of your piece of jewellery. Precious stones and metals change in price all the time and we advise these are kept up to date so that if a claim is needed you can replace your jewellery like for like.
Secondly a valuation shows your insurer that a jeweller has professionally assessed your piece. If any work is needed for the longevity of your piece, this will also be advised upon in your consultation.
We advise jewellery valuations be renewed every two years.
WHY CHOOSE CHESHIRES THE JEWELLERS?
EXPERTISE
With years of experience in the jewellery industry, our team has the knowledge and skills to provide precise valuations.
COMPASSIONATE SERVICE
We understand the sensitivity of probate valuations and approach each case with the utmost care and respect.
TRANSPARENT PRICING
We will discuss the cost of the valuation with you beforehand, based on the number and nature of the items to be assessed.
CONSULT WITH US
At Cheshires the Jewellers, we are committed to delivering reliable and compassionate service for all your probate valuation needs. Contact us today to schedule an appointment at one of our stores.
