featured Diamond Insurance Valuation Explained: Retail Replacement Value vs Fair Market Value
Two Numbers, One Diamond — and They Are Not the Same Most people who walk out of a jewellery store assume the price they paid is roughly what their diamond is worth. Then they get an insurance appraisal and see a number that is sometimes 40 to 80 percent higher than what they spent. Then they try to sell the same ring...
10 Things to Know Before Getting Your Diamond Insurance Valuation
The Number on Your Appraisal Is Not What Your Diamond Is Worth Most people walk away from a diamond purchase with two documents: a grading certificate and a receipt. Then, when they finally get around to insuring the piece, they discover a third number — the insurance valuation — and it is usually higher than both. That gap surprises almost everyone, and...
