Appraisals – PDF Formats
A common request from clients to the appraiser is to email a PDF of the appraisal to them or directly to their insurance agent (which you will soon see is not a good practice). Some…
News ArchiveAppraisal Organizations and Credentials
One of the frequently asked questions from subscribers that are considering entering the appraisal field is, “What credentials do I need to become an appraiser?” The short answer is, “it depends.” Unlike real estate appraisers…
*Gem Focus & Market Pulse (Free Subscriber)Appraising and Insuring Chipped Diamonds
Question: Can an insurance company reasonably turn down my client for coverage on her ring that has a chipped diamond? Answer: Yes but it is the insurance company’s game. We just need to know the rules…
News ArchiveGrading and Pricing Japanese and Chinese Cultured Pearls
The historical importance of Japanese akoya, South Seas, and Tahitian pearls is key to the cultured pearl industry. Early courses taught by the GIA and subsequent grading systems developed by Gemworld incorporated key elements of…
News ArchiveAppraising Worn Jewelry and Damaged Gemstones for Insurance
New jewelry is easy to value but what happens when a customer brings in an item of jewelry showing damage or excessive wear? As the independent appraiser, your job includes an accurate description of the…
News ArchiveValuing a Crazed Opal
Although the assignment discussed here involves a cracked or crazed opal, the methodology is similar for any damaged gemstone. The appraiser only has what is in front of them, and if it is a damaged…
News ArchiveDuo Valuation of an Unusual Ruby
The use of pricing adjustments is relatively common, especially when the appraiser is using the cost approach. However, in assignments where the subject property falls outside of the core range of trading for that variety…
News ArchiveThe Appraisers Notebook – After the Appraisal
The appraisal is complete. The proper terms and limiting conditions are given including restricted use for insurance only. And then it happens. Your appraisal shows up on an internet site with an offer to sell…
News ArchiveLab Diamond Grading Differences
Lab grading differences are becoming a hot industry issue. The differences in grades from one lab to another are problematic. Consumers are being deceived into thinking that they are buying a diamond with higher grades…
News ArchiveHow to Grade Clarity-Enhanced Diamonds
As more companies entered into this technology, known as fracture-filling, or clarity enhanced (CE), the door became wide-open for vendors to assign the clarity grade of their choosing. While we at Northwest Gemological Laboratory have…
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