Why are appraisals so important? Most importantly, they are proof of ownership. Receipts explain very little about a piece of fine jewelry, fine watches, and flatware. They rarely give dimensions, quality characteristics, metal content or detailed descriptions.
They are also used in Estate Planning and for insurance purposes should the worse happen and you need to replace your beloved item. Accurate appraisals are important because if your jewelry is ever lost, stolen or damaged your insurance company will be referring to your appraisal document. If you do not keep your appraisal updated, you stand the risk of your item being undervalued, and that will be the appraisal used for your reimbursement.
It is also recommended to update your appraisal every three to five years. Whether it is your engagement ring that is worn every day, or a piece that was inherited from your grandmother/grandfather's estate, Bay Appraisals Jewelry is ready to offer you an appraisal.
Bay Appraisals Jewelry works frequently with Johnson Jewelers at 5860 N. Mesa St. #118, El Paso, TX 79912 to stage our El Paso appraisal events.
Please check back often for the latest event dates. Call Bay Appraisals Jewelry at (410) 610-1297 or (915) 300-9272 for more information, or Johnson Jewelers (915) 833-1415.