Ph: (03) 9602 2164

Why do I need to have my jewellery valued? A professional valuation is an important safeguard if your jewellery is lost, stolen or damaged for many reasons. It provides proof of ownership in the happy event that the jewellery is recovered. Insurance companies are unlikely to provide full compensation for an expensive piece of jewellery unless you can prove its true value. A valuation also gives you a comprehensive description of the item, which is invaluable if you decide to have the piece remade. A valuation also an effective means of ensuring you receive a fair price if you sell your jewellery, provided the valuation is undertaken for that reason.

Why use a registered valuer? The question should be: “Why risk using someone who is not registered”? Accurate valuation is a demanding, scientific procedure that requires extensive experience and knowledge. Valuers registered with the NCJV are experts in their profession who undergo extensive training in gemmology, diamond grading/technology and valuing. They must also commit to lifetime education to retain their valuation qualifications. Registered valuers qualifications are provided by the Gemmological Association of Australia and accredited by VETAB.

What does a valuation involve? Your jewellery is carefully assessed using scientific analysis and is then valued using current market research. After the appraisal you will receive a valuation certificate which contains a full description of your jewellery, including gram and carat weights, and a statement explaining the reason for the valuation and the intended market.

How often should valuations be updated? It is important to have your jewellery reassessed every two or three years to ensure the valuation is current. Prices can fluctuate depending on stock market, metal and world diamond trade prices.

Is it possible to have jewellery valued prior to purchase? Yes. By arrangement with your jeweller and valuer it is possible for this to occur. There are many good reasons for this. Advances in reproduction technology have resulted in increasing numbers of synthetic stones reaching the marketplace. For example, synthetic rubies could be worth 95 per cent less than natural rubies but they look identical to the untrained eye. Registered valuers are kept up-to-date with new developments in the industry and are trained to identify imitations. If you are unsure about an item's authenticity, have it checked by an NCJV valuer. Such an appraisal will also help ensure you pay a fair price.

Jewellery Valuations

Melbourne Registered Jewellery Valuer No: V0301


How important is a diamond certificate? Diamond certificates provide important information about the quality of a stone, however this information can be confusing to an untrained person. There are also several different diamond certification systems operating in various parts of the world, including one in the United States and two in Europe. These systems are not always comparable. A trained valuer can help explain the certificate and interpret it for you. A diamond certificate only applies to the diamonds, not the article of jewellery and needs to be interpreted by an expert to quantify its value. It can be a confusing tool in comparison shopping if not fully understood.

Should I have my jewellery photographed? Photographing your jewellery is a further safeguard in the event of loss or damage. It is particularly useful for police trying to match recovered property.

A Valuation is a document recording describing an item/s and assigns a monetary value to it. A typical jewellery valuation involves examining and assessing components and quality of an item of jewellery and estimates a price based on market demand and trends. The benefit of a valuation apart from receiving a dollar value for your item, is it provides proof of ownership, an accurate photo and description should the item be lost or stolen.
How often should valuations be updated?
It is important to have your jewellery reassessed every two or three years to ensure the valuation is current. Prices can fluctuate and insurance companies may request up-to-date information. The revaluation also notes any wear and tear and ensures you are not paying excessive premiums if prices decrease.
Every valuation schedule (the written document given to the customer) contains a full description/appraisal of each of the articles that have been valued, and an opinion as to the type of monetary value designated to it.
The information written in the valuation provides the owner with a detailed and professional catalogue or inventory of their personal possessions and enables them to provide detailed information with an image so that an insurance policy may be prepared and a premium can be calculated. Should items be lost or stolen the schedule can:
* Provide a checklist, so that a claim may be made for everything missing.
* Facilitate recovery and recognition by the police.
* Enable validation for similar items to be purchased or replacements made.
*Show that on the date stated the items existed and were examined by the signatory.
*Ensure that in the event of any dispute with an insurance company or loss adjuster there is a firm foundation on which to base a case.
*Check that any replacement supplied is of comparable quality and value with the original.

This type of valuation is often used by insurance companies.
This is the commonest type of valuation encountered by the majority of jewellery valuers.
Valuation for insurance replacement is based on replacement cost, that is, the retail price (including GST) to the client of replacing an item or goods with a reasonably equivalent item. A detailed assessment that estimates the likely replacement price at a traditional shop.
Retail price means the price that the retailer charges or would charge at the time of the appraisal for an item reasonably equivalent to the item appraised.
Auction reserve
The minimum hammer price achievable in an ideal auction market, where time is not a factor. This figure does not include premiums or commissions which can vary at each auction.
Non forced sale
An estimate of a reasonable second-hand price between a willing buyer and seller in a fair or specialised market without time constraints.
Forced sale
The price that can be expected when an article must be sold within a short time frame in potentially non-ideal market conditions.
Second hand
A value for used items that takes into account the condition, desirability and collectability of the item.
Private sale
A fair and reasonable second-hand price when someone wants to sell an item to a member of the public. In such cases, the valuer acts as an unbiased expert and GST, sales tax or duty is not included in the valuation.
Divorce property settlement
The Family Court may require a valuation of jewellery in a divorce settlement. Written directions are provided by the solicitors with the valuation usually based on “fair market value”, although this may vary.
Deceased estate
Again, written directions are provided by the lawyer or executor of the will, with the valuation reflecting the current market value or the requirements of the will.
Quality assessments
A quality assessment report is prepared for people who require an accurate appraisal of jewellery without a value statement.
Such reports contain detailed technical information, with the assessments conducted in the same way as a full valuation. They are useful for people wanting to:
•Prove ownership of an item that has been recovered after being stolen or lost.
•Have their jewellery fully assessed but not for insurance purposes.
•Differentiate between two pieces of jewellery that look identical.
•Verify the authenticity of items.
•Assist police with a description in the event of loss or theft.
•Provide jewellery of similar quality to different people.
•Assess jewellery that has been damaged.

About NCJV ( The National Council of Jewellery Valuers )The National Council of Jewellery Valuers was established in 1984 to promote and maintain the highest professional standards for jewellery valuation in Australia.Members of the NCJV must undergo accredited training in all the key areas of gemmological study, gemstone grading and the detection of synthetic gemstones. They must also commit to ongoing education to keep up-to-date with industry changes in order to maintain their membership as an accredited valuer. Accurate jewellery valuation is a demanding and highly technical profession that draws on many areas of expertise and knowledge.
NCJV registered valuers use the latest testing equipment and procedures to provide a scientific analysis of precious and semi-precious gems. They are trained to identify the tiniest details that can affect a valuation and are familiar with the techniques used in the manufacture of imported and modern jewellery, and the creation of antique pieces. Importantly, their ongoing training means they are kept up-to-date with market trends which can affect price.
Regular market research is undertaken by the NCJV, which is a vital source of information for members on the latest materials and resources.
Through the NCJV, members also have access to a network of other experts for technical advice, resources and information on industry issues.
There are about 550 registered NCJV valuers in Australia who operate their own retail outlets, work in retail outlets, or act on a consultancy basis for jewellery stores covering 2000 jewellery stores around the country.

Do you:
Need advice before buying engagement ring ? , Need advice before buying loose diamonds ? , Need advice before buying gemstone or diamond jewellery ? Need advice before selling gold ? Need advice about buying gold ?
If yes please call or email for expert jewellery advice.

How to get jewellery valued and why!
Melbourne Jewellery Appraisal
Engagement Ring Valuations
Deceased Estate Jewellery Valuations



Jewellery Valuations

Abbottsford - Albert Park - Albion - Alphington - Altona Meadows - North Anakie - Ardeer - Armadale - Arthurs Seat - Ascot Vale - West Ashburton - Ashwood - Aspendale Gardens - Attwood - Auburn - Avalon - Avondale Heights - Avonsleigh

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Eaglemont - Eastland - East Melbourne - Eden Park - Edgewater - Edithvale - Elsternwick - Eltham - Elwood - Emerald - Endeavour Hills - Epping - Essendon - Eumemmerring - Exford - Eynesbury

Fairfield - Fawkner - Ferntree Gully - Ferny Creek - Fingal - Fishermans Bend - Fitzroy - Five Ways - Flemington - Flinders Naval Depot - Footscray - Forest Hill - Fountain Gate - Frankston - Fyansford

Garden City - Gardenvale - Gardiner - Geelong - Gembrook - Gheringhap - Gilberton - Gisborne - Gladston Park - Glenferrie - Glengala - Glen Huntly - Glen Iris - Glenroy - Glen Waverley - Goonawarra - Gowanbrae - Gowrie - Graham - Greensborough - Greenvale - Greythorn - Grovedale - Gruyere - Gunnamatta - Guys Hill

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Indented Head - Ivanhoe

Jacana - Jacksons Hill - Jan Juc - Jewell - Jolimont - Jordanville - Junction Village

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Oaklands Park - Oakleigh - Oak Park - Ocean Grove - Officier - Olinda - Olivers Hill - Orchards - Ormond - Osborne

Paisley - Pakenham - Panton Hill - Parkdale - Parkville - Parwan - Pascoe Vale - Patterson Lakes - Pearcedale - Pentland Hills - Pentridge Village - Pettavel - Phillip Island - Pines Forest - Pinewood - Lower Plenty - Plumpton - Point Cook - Point Henry - Point Leo - Point Lonsdale - Point Nepean - Point Wilson - Portarlington - Portsea - Prahran - Preston - Princes Hill

Ravenhall - Red Hill - Regency Terrace - Regent - Research - Reservoir - Rhyll - Richmond - Ringwood - Rippleside - Ripponlea - Riversdale - Robinson - Rob Roy - Rockbank - Rosanna - Rosebud - Rosewall - Rowsley - Rowville - Roxburgh - Royal - Rushall - Ruthven - Rye

Safety Beach - St Albans - St Andrews Beach - St Helena - St Heliers - St Kilda - st Leonards - Sanctuary - Sandown - Sandringham - San Remo - Sassafras - Scoresby - Seabrook - Seafort - Seaholme - Seddon - Selby - Seville - Sherbrooke - Shoreham - Silvan - Silverleaves - Simpson Barracks - Skye - Smiths Gully - Solway - Somers - Somerton - Somerville - Sorrento - Southbank - South Kingsville - South Morang - South Yarra - Spotswood - Springvale - Steels Creek - Stonehaven - Stony Point - Stradbroke Park - Strathmore Heights - Studfield - Summerlands - Sumner - Sunbury - Sunderland Bay - Sunset Strip - Sunshine - Sutherlands Creek - Surf Beach - Surrey Hills - Swan Bay - Swan Island - Sydenham - Sylvester - Syndal

Tally - Tanti Park - Tarneit - Tarrawarra - Taylors Hill - Tecoma - Templestowe - Thomastown - Thomson - Thornbury - Toolern Vale - Toomuc Valley - Tooradin - Toorak - Tooronga - Tootgarook - Torquay - Tottenham - Travancore - Tremont - Truganina - Tuerong - Tullamarine - Tyabb - Tynong

Upfield - Upwey

Vetnor - Vermont - Victoria Park - Viewbank

Wallan - Wallington - Wandana Heights - Wandin - Wantirna - Warburton - Warneet - Warrandyte - Warranwood - Warrensbrook Faire - Waterfront City - Waterways - Watsonia - Watsons Creek - Wattle Glen - Waurn Ponts - Werribee - Wesburn - Westall - Westbreen - Westgarth - Westgarthtown - Westmeadows - Wheelers Hill - Whitburn - Whittington - Whittlesea - Wildwood - Williams RAAF - Williamstown - Willison - Wimbledon Heights - Windsor - Wishart - Wollert - Wonga Park - Woodstock - Woolamai - Waters - Woori Yallock - Wyndham Vales
Yallambie - Yan - Yean - Yarra Bend - Yarraman - Yarrambat - Yarras Edge - Yarraville - Yellingbo - Yering - Yeringberg - Yuroke

Melbourne Jewellery Valuation Service. On the spot valuations by registered jewellery valuer. Please call for more information.
Express Valuations
within the hour,
jewellery valuation.
pricing. Fees are
quoted before your
appointment is made.
"Item Assessment"
if required.
Valuations for all Jewellery, all Silver, Gold, Platinum items, Loose Diamonds, Loose Coloured Gemstones and more!

Losing an important piece of jewellery or fine art can be a devastating experience.

The feeling of loss can be even greater if the item has not been professionally valued and full compensation is denied.

Members of the National Council of Jewellery Valuers (NCJV) are highly skilled experts trained in providing accurate assessments of all types of jewellery.

Their detailed reports are essential when claiming insurance for lost, stolen or damaged items, when seeking a fair price at a sale or if you want to purchase a new piece of jewellery.

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Deceased Estate Division Jewellery Valuations