How much does an appraisal or consultation cost?
Appraisal fees are based on the complexity of the item(s) and the research and analysis necessary to reach an estimate of value and produce a comprehensive report.
I do not have a one-size-fits-all pricing structure as it results in overcharging for simple pieces to offset undercharging for larger or more complex items. The fee to evaluate, document and appraise large diamonds, signed jewelry pieces, fine period and antique jewelry or complicated jewelry and watches (generally pieces that require more extensive research and analysis) will be higher than the fee for simple items such as gold chains or plain wedding bands. Fees are based on the anticipated amount of time required for your specific items.
While it is difficult to quote a fee for services without seeing the item(s) of jewelry, here are some guidelines:
The minimum charge for the first item (in my office) for most standard, contemporary jewelry styles will range from $80.00 to $150.00 and is based on the amount of time required for that item. Depending upon the size and composition of a collection, additional items may start as low as $40.00 per item.
For most appraisals, I provide a fixed quote for the appraisal fee at the time the jewelry is presented. There is generally not a charge to quote an appraisal fee and, once quoted, fees rarely exceed the original quote. Any unforeseen complications will be communicated to the client if any increased fee is necessary.
You are welcome to schedule an appointment for single items and watch while your jewelry is being examined and evaluated. If you have multiple or complex items that require more time to evaluate or if you have other business to attend to during the day, you may choose to leave the jewelry while the examination is performed. Should you choose to leave your jewelry, we take the time to locate a unique identifying characteristic for each item so that you can confidently identify your jewelry when you return. Multiple jewelry items are photographed for your receipt when jewelry is left with us.
All jewelry is fully insured while in the office.
Updates of Existing Appraisals
Updates of appraisals performed by Gemologically Speaking, LLC. generally run 50% of the full appraisal fee.
The hourly rate for consultations (in the office) is $ 150.00 to be billed in 15 minute increments.
The hourly rate (out of my office) is $ 175.00 which includes travel time + mileage or other travel expenses incurred, with a minimum charge of one hour.
If you would prefer to have your jewelry appraised on site at your home, office or bank, Gemologically Speaking retains a fully equipped Maxi-lab gemological laboratory. All local assignments outside the office are billed at the hourly rate of $ 150.00, from door to door. Please take this into consideration when requesting this service.
The minimum charge for the first item (if I come to you) is $ 200.00.
For travel outside of the Albuquerque area, please contact us and we will estimate travel expenses for the specific assignment.