How much do valuation services cost?


Appraisal services
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.


We 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 hourly rate for appraisal services performed in the office is $175.00. The minimum charge for the first item (in my office) for most standard, contemporary jewelry styles will range from $150.00 to $200.00 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, we 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 are generally 60% of the full appraisal fee.


Consultations
The hourly rate for consultations (in the office) is $ 175.00 to be billed in quarter hour increments.


The hourly rate (out of my office) is $ 200.00 which includes travel time + mileage or other travel expenses incurred, with a minimum charge of one hour.


Travel
If you would prefer to have your jewelry appraised on site at your home, office or bank, Gemologically Speaking retains two fully-equipped portable gemological laboratories. All local assignments outside the office are billed at the hourly rate of $ 200.00, from door to door. Please take this into consideration when requesting this service.


The minimum charge for the first item (if we come to you) is $ 250.00.


For travel outside of the Albuquerque area, please contact us and we will estimate travel expenses for the specific assignment.


Brokering services
Gemologically Speaking provides services in selling jewelry for our private clients who wish to convert the jewelry that no longer fits into their lifestyle into liquid assets and for estates and trusts seeking to sell collections or partial collections. As we are not a jewelry store and do not carry an inventory we do not buy or sell, placing our interests with those of our clients by seeking to find the best offers in a reasonable time frame for their pieces given the current jewelry markets. Our brokering services are comprehensive and designed to be convenient for our clients.


We also offer services in sourcing fine diamonds, gemstones and jewelry for our clients who are seeking to collect their next heirloom piece or remake a treasured family heirloom. Our decades of experience in the jewelry industry provide our clients with sources at costs that are lower than traditional jewelry stores.