Why Get Ring Appraised?

This is generally used for insurance purposes. While it is a sad thought, an engagement ring may be lost, stolen, or damaged. In these cases, your insurance company uses the appraisal and provides the means for a replacement of your ring.

Why should you get your jewelry appraised?

By far, the most important reason is for insurance purposes. Over the years, the value of your jewelry and gemstones can fluctuate greatly. ... That means you risk a substantial financial loss if your jewelry is lost, stolen or damaged. For your protection, we recommend you have your jewelry appraised every two years.

How much does it cost to get a ring appraised?

Appraisal services should always be charged by the hour or a flat fee per piece. Hourly rates typically range from $50 to $150, depending on the complexity of the jewelry. A simple wedding band will always cost less than a three-stone engagement ring; there's simply more to appraise with the latter.