When you hire a jewelry appraiser, you are seeking professional advice. As in the saying, “You get what you pay for,” you should choose an appraiser on the basis of experience, never price alone. Especially in this economic environment, some merchants have become “appraisers” and hardly understand the full scope of value and markets.
Fees take into account professional and recurrent training, laboratory equipment, subscriptions, books and other reference materials, other business overhead, and time. Anything less than a professional appraisal document will not stand up to scrutiny in court, or protect you when filing a claim. Today one out of every five jewelry appraisals submitted to insurance companies in the U.S. is rejected due to stricter underwriting guidelines.
FEES FOR CONSULTATIONS - All consultations are billed hourly in 15 minute increments at a rate of $35 per increment ($140 per hour). A consultation can include, but is not limited to: review of other appraisals, critical examination of craftsmanship, business practices consultation, personal purchases, resale consultation, and discussion for auction potential. Appraisal fee, if incurred, will be billed in addition to consultation fee.
FEES FOR WRITTEN APPRAISALS - Written appraisals contain a complete description of all components, grading to standards established by GIA, color digital photographs, full explanation of grading systems used and treatments, a bound original and a photocopy for your needs.
$125.00 for first item (minimum charge) $75.00 for each additional (on same document)
COMPLEX ITEMS REQUIRING LENGTHY EXAMINATION TIME, HAVING DIAMONDS OVER 2.00 CARATS OR UNUSUAL RESEARCH WILL COST MORE
Gemcorp prepares written appraisals for your stated purpose that meets, and often exceeds, the guidelines established by the strictest insurance companies, Internal Revenue and other government agencies. Consultation fee, if incurred, will be billed in addition to appraisal fee.
Fees are dependent upon the difficulty of the items being appraised and the extent of the evaluation and market research needed to come to a value conclusion and make a fully accurate and comprehensive report.
FEES FOR SPECIALTY REPORTS – There are many situations that can be resolved with a report or letter that addresses your primary concern. The preparation of such reports, often in letter form, are billed as consultations, $140.00 per hour.
OUT OF OFFICE ASSIGNMENTS - We have the capabilities to go anywhere to examine jewelry, whether it is your home, a bank vault, or museum using our portable. Out of office appraisal assignments or those that require our expertise in court or other hearing are billed at $225.00 per hour plus out-of-pocket expenses and require a signed contract prior to the assignment being started. The rate for large, lengthy or unusual assignments may be negotiated.
Special, reduced rates are given for churches, synagogs and other not for profit organizations.
We take pride in being Client Focused - Accuracy, strict discretion and your trust are most important to us. This commitment to our clients, assures you that our services will meet the highest standards in the industry. Since 1985, our staff has been providing exceptional customer service to individuals, banks, attorneys, government agencies, the jewelry industry, as well as celebrity clients.
Payment is due the day service is rendered unless arrangements are made prior.