© 1999 By Charles M. Ellias, GG, ISA, CAPP
Now that you have taken the time to choose the perfect gift, whether to commemorate a special occasion or just to wear and enjoy, is your prized possession properly protected? Unfortunately, the answer is probably no. This article will educate you on getting your jewelry properly appraised, including who is qualified to appraise your jewelry, what an appraisal should contain, insuring your jewelry, common misconceptions about jewelry insurance and how jewelry claims are handled. Since you have taken the time to choose the perfect piece of jewelry, I strongly recommend you take the time to read this article to protect your purchase.
About the author: Charles Ellias is on the board of directors of the International Society of Appraisers (ISA). He is also a consultant for gem artists, lapidaries, wholesale diamond and gemstone dealers, insurance companies, retail jewelers, personal property appraisers, attorneys, independent adjusters, and consumers. He has taught courses on manufacturing arts, appraisal sciences, consumer courses on jewelry and gemstones, was a technical editor for Section III of the American Gem Society’s Advanced Personal Property Appraisal Course, along with instructing insurance companies and appraisers on jewelry appraisals and appraisal review. Mr. Ellias has authored numerous articles on appraisal issues, and has been the recipient of many awards for his dedication to the appraisal profession. With 20 years of professional experience, Mr. Ellias is an advocate for appraisal ethics, education and reform. For more information, see his North American Lapidary Laboratory website.