At HOWARD, we can provide you with a valuation that is based on extensive training in gemmology and market research. Our gemmologists are GIA trained and are available to meet with you in person to advise you on the best type of valuation for your needs. The following types of valuations are available:
A detailed assessment that estimates the likely replacement price at a traditional shop. This type of valuation is often used by insurance companies.
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.
An estimate of a reasonable second-hand price between a willing buyer and seller in a fair or specialized market without time constraints.
The price that can be expected when an article must be sold within a short time frame in potentially non-ideal market conditions.
A value for used items that takes into account the condition, desirability and collectability of the item.
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.
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.
All valuations are processed on premises and in most cases depending on the volume of items, an hourly or same-day service may be available. Prices for Valuations are calculated on a ‘per piece’ basis, so you know exactly how much it’s going to cost when you leave your jewellery. Photographs of your jewellery can also be supplied if required.