How and why have your jewels evaluated? Information provided by the individual for BoursoraMag ·06 / 06 / 2020 at 07: 30 Reading time: 2 min
How and why have your jewels evaluated? (photo credits: Shutterstock)
The expertise of jewellery is a must and should not be taken lightly. It is necessary to sell, insure or share its jewellery. At the end of 2019, one ounce of gold, or 31 grams, was worth almost 1358 euros. Maybe there's a small fortune hidden in your drawer. As with the sale of any other precious item, it is best to contact a specialist.
Jewelry expertise: for what?
The only way to accurately determine the value of your assets is to have them appraised. The expertise of a jewel is carried out, for the most recent, by a jeweler or a specialist in gemmology. It is also possible, for older coins, to call on an auctioneer. The professional takes into account the dimensions of the object, the metals used, its weight and describes, with photo, the characteristics proving the value of your ring or necklace.
This data is essential in the context of a sale, a division in case of inheritance or to have your precious property insured. Once appraised, you will get the use value of your part, that is, the average value of the item. Insurance companies take this value into account in their theft insurance policy. The use value is not the one at which you will be redeemed your jewel in the event of a sale.
Gold 18 carats is the most valuable, followed by 14 carats and 9 carats. The sale price of your jewel depends on the purity of the gold it presents. The professional checks the stamp on your chains and bracelets according to its value: the eagle head (18 carats), the shell (14 carats) and the clover (9 carats).
Diamonds are valued according to an international coast, again taking into account carat weight, colour, purity, size, polish, or even the proportions and fluorescence of the diamond.
The price of a Jewelry expertise
The law obliges professionals to post their tariffs. Nevertheless, it is good to compete by asking for more than one quote. The latter can range from EUR 130 for a jewel paved with diamonds without stone in the centre and whose price is assumed to be more than EUR 2 000 but less than EUR 8 000, to EUR 480 for a ring with a Ruby in its centre of less than EUR 10 000. In addition, for diamonds, a certificate of authenticity is usually less than 100 euros.
If you're looking to sell your jewelry, go to jewelry stores instead. In addition to the amount of precious metals present in the room, they also take into account other criteria: style, portable or not, level of wear, name of the jeweler for ancient works.
If it is a treasure (gold coin, for example), you can obtain a free oral estimate from an auctioneer at the sales hotel.
Sale of jewellery: what is the tax?
In the case of the sale of precious objects, taxes are associated with them. In the case of jewellery, a special regime applies. Below 5,000 euros, you pay nothing. After that, a 6.5% tax applies on the proceeds of your sale.
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