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One Crystal Lake PlazaSuite B2Crystal Lake, IL 60014
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GIA Graduate Gemologist • Insurance Appraisals • Estate Appraisals • Insurance Documentation
Nelson's Jewelry is uniquely qualified to appraise your fine jewelry and gemstones. Our experienced staff has the background and gemological training to do a professional job of evaluating the current value of your precious keepsakes.
While these items are priceless to you, it's important to remember that the value of the precious metal and gems that comprise your fine jewelry is constantly changing due to market conditions. Gold, for instance, has seen its value double over the past 10 years.
Accurate appraisals are important because if your jewelry is ever lost, stolen or damaged, your insurance company will refer to the appraisal document to settle the claim. An outdated appraisal will likely result in you being under-insured, and that could cost you thousands.
We recommend updating your appraisals every three to five years. Whether it's an engagement ring you wear every day or a piece you've just inherited from your grandmother's estate, we're ready to offer an appraisal for your security and peace of mind.
An insurance appraisal is used to describe your jewelry and establish a maximum risk to the insurance company to replace your item with another item of like kind and quality. We offer insurance appraisals at a reasonable fee, which is determined at the time the jewelry is left. Your jewelry will be identified and valued by a Gemologist in the form of a typed appraisal. Appraisals are completed in the order they are received in a week or less. While we do not offer while you wait appraisals, we do have same-day and next day appraisal services available by appointment.
An estate appraisal is used to describe your jewelry and establish a fair market valuation suitable for tax purposes. This value is based on the expected exchange price between a willing buyer and willing seller under current market conditions. This is not an actual offer to purchase. We offer estate appraisals at a reasonable fee. Your jewelry will be identified and valued by a Gemologist in the form of a typed appraisal. While we do not offer while you wait appraisals, we do have same-day and next day appraisal services available by appointment.
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