How much do valuation
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.
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.
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
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.