Jewellery is one of the important assets which people take utmost care of. Jewellery is precious and expensive, because it is made up of expensive and valuable metals and stones. Jewellery helps us in so many ways in the time of our need. For instance, if some unwanted situation arises, such as damage, robbery, theft, divorce, death in a family and so on, then during this time, valuable assets like jewellery come to our rescue. It is therefore important for us to know the exact value of the jewellery which keeps fluctuating as per the current market value. Therefore, people opt for the process of jewellery valuation from time to time. The factors which are given importance in evaluating the jewellery are, the metal used in making the jewellery, the stone used in it, the design made on the jewellery, the condition of the jewellery, the age of the jewellery, the brand or designer associated with the jewellery, whether it is hallmarked or certified or not which proves the authenticity and originality of the jewellery and so on. These are in fact, some of the common factors which are taken care of while evaluating the jewellery.
In this article we shall be looking at the need for jewellery valuations. For evaluating your jewellery, you need professional valuers. Make sure that they are experts in this field, having proper knowledge and years of experience. You can also take the help of the companies which provide you with professional valuers. Prestige Valuations, is one such company in the UK, which provides you with professional valuers for evaluating your jewellery, watches, handbags, fine arts, antique pieces and so on. Not just that they also help you in the jewellery remodelling and restoration process as well. Apart from that, these days online valuation is also possible, which means that you can know the exact value of your jewellery and other important assets by sitting at home. Let us now have a look at the need for evaluating your jewellery.
To Preserve Cultural Heritage and Craftsmanship
Evaluating your jewellery helps you in preserving the cultural heritage and craftsmanship. Sometimes jewellery is passed down to us as a family heirloom and it contains historical significance as well. It reflects the origin, cultural heritage and artistry of the era, thus, making it a precious asset which needs to be preserved. It is the significance of the culture, heritage, history and artistry which determines the monetary value of the jewellery and therefore, it is important to evaluate your jewellery from time to time to know its exact value. Evaluating the jewellery also helps us in understanding the history and art of the jewellery.
Helps in Insurance Coverage
Life is uncertain. Therefore, it is important for us to take precautions so that in the time of need they can help us in so many ways. Evaluating your jewellery will help you in claiming for insurance coverage in the time of need. Therefore, never underestimate the value of jewellery and keep on evaluating from time to time so that you can claim for insurance coverage if an unwanted situation arises, like robbery, theft, accident, damage and so on. If you do not properly evaluate your jewellery, the insurance claim may not compensate the loss adequately for the exact value of the jewellery. Also, the value of the jewellery keeps on fluctuating as per the market value, therefore, periodic evaluation is necessary which can also help you in insurance coverage. In other words, evaluating your jewellery will help you in your financial loss. Apart from these situations, death in a family is also an unwanted situation and here too you need to evaluate the jewellery for equal distribution among the family members; here probate jewellery valuation helps you a lot.
Helps During Divorce Settlement
Ending a relationship is no less than a rollercoaster ride. It also drains you emotionally. Divorce does not only mean parting away with your spouse legally, it also involves many other legal procedures as well and equal distribution of the assets is one such procedure. Evaluation of jewellery helps you in equal distribution of jewellery in divorce settlement. It also makes the divorce process smooth without leading to further tension between both the parties. In other words, it does not drag the legal process associated with divorce further, rather it makes it easy and convenient for both the parties
