Ed Lewand provided an insightful discussion exploring the issues surrounding the offering and use of appraisals by jewelers in and through their stores.
Starting from the fundamental question of whether jewelers should make appraisals available as a service to their clients.
The discussion proceeded to queries such as finding that rare “Certified GIA Appraiser”, whether the appraisals should be performed in house or through an outside contractor, what constitutes a proper appraisal, USPAP, and what should be done when a bad appraisal is encountered in the jeweler’s business dealings.
Antuque Jewelry is a New Market in this economy, because the history of a piece provides a romantic story, along with unique craftsmanship, and style from a period gone by. This makes the value of the item’s sum, greater than the parts that make it up.
Hallmarks are important as they add value and identification of Manufacturing location and more. Know your hallmarks!
In Summary Mr. Lewand recommended:
Learn as much as possible – Appraise what you know – Avoid what you do not know
Use the services and training supplied by the various Appriasal Associations, visit www.jewelrycamp.org which promotes knowledge and education in antique and estate jewelry.
Have a personnal library to include Books about:
Jewelry Identification and Pricing
Dictionary of Jewelry Terms
Guide to Watches
Meeting Summary by: Charlie Marts
Pictures of People & Presntation slide: Melanie Marts