How Much is my Jewelry Worth?

How much is my jewelry worth?  I’m asked this at every show.  As a gemologist I can identify the gemstones in your jewelry, but to answer the question of value, the right person to ask is an appraiser.  I’ve asked my colleague, Jeanne Hawk, a GIA Graduate Gemologist, Registered MasterValuer and Certified Insurance Appraiser, to be a guest blogger this month:

Establishing and substantiating the value of an item are what appraising is all about. An appraisal is an opinion of value, a well-researched conclusion that is supported by facts which are interpreted from the marketplace. Most jewelry appraisals are done for obtaining insurance coverage. An insurance appraisal is used to determine the retail replacement value of a jewelry item. Other appraisal types include those done to determine fair market value for estate items and items sold for scrap value.

Many of my clients have jewelry of unknown identification or value. I do consultations to identify the gemstones and/or diamonds and metal karatage to determine what you have and whether you should keep it, insure, or scrap it, as is often the case with outdated gold chains. I’ll let you know the market value if you plan to sell it. And if it’s something you want to insure, I can prepare an appraisal for you.

There are six steps involved in the appraisal process as follows: 1) establish the scope of the appraisal, 2) plan the appraisal, 3) collect and analyze the data, 4) apply a valuation approach, 5) set limitations and contingency conditions, and 6) supply the final estimate of value.

At the present time anyone can call oneself a professional jewelry appraiser. However, self-anointing does not confer expertise. The key is education. A gemologist who has undergone formal gemological training, holds a degree or special education in valuation science, and has buying and selling experience either on a wholesale or retail level has the basic prerequisites of an appraiser. The valuation must be done by an individual with suitable qualifications who has no interest (no bias) in the item. Participation in professional appraising organizations is important, as well. It is critical that any jewelry appraisal be developed and written in accordance with the Uniform Standards of Professional Appraisal Practice (USPAP), authorized by Congress as the source of appraisal standards and appraiser qualifications.

I am a certified Gemoljeanne_cropogical Institute of America (GIA) Graduate Gemologist (GG), qualified to accurately identify and grade the gemstones in your jewelry. As a Registered Master Valuer™ and Certified Insurance Appraiser™, I am trained in appraisal valuation techniques and can appropriately value and appraise your jewelry. All appraisal reports are prepared in accordance with USPAP.

At your appraisal appointment, I will clean, identify, measure, weigh, grade, and photograph your jewelry. Most appointments take 30 minutes; longer appointments may be needed for multiple items. You will leave with your jewelry. In 7-10 business days, once I have completed the valuation part of the appraisal, you will receive your appraisal via email. Payment for the appraisal, and any hard copies requested, is due at the time of your appointment. Would you like to learn more about how the value of jewelry is determined? Find out in my FREE report! Call this 24 hour toll free recorded message to request your report. 1-800-579-3932.

Jeanne Hawk Fine Jewelry Appraisals specializes in gem identification, diamond grading, jewelry appraisals, market value estimations, general consultation, and quality assessments. To best meet my clients’ needs, services are provided by appointment only. I can be reached at 831-359-3449 or via email at info@hawkjewelryappraisals.com to schedule an appointment. The office is located at 5521 Scotts Valley Drive, Suite 235, Scotts Valley, CA 95066. The company website is http://www.hawkjewelryappraisals.com. Give me a call or visit my website today!

 

Where do the gemstone beads in your jewelry come from?

I’m asked this question at every show.  It’s a great question but I can’t always answer it. Here’s why:

Some gems come almost exclusively from one area; fossil “turitella agate” comes from Wyoming in the U.S. and tanzanite from Tanzania, Africa. But most gems are found and mined in more than one location. For example, lapis lazuli comes from Afghanistan, Pakistan, Russia and Chile.

LLGFN104_a

Lapis lazuli from Afghanistan (with malachite and gold-filled beads, item LLGFN104

 

In some cases, especially beautiful specimens of a  gem are found in specific locations; Burmese rubies are highly prized.  Because of this, some beads are sold with their source location as part of their name; Ethiopian opal and Australian boulder opal beads are examples.

While some rough (uncut gem material) is cut and polished as gems, beads or carvings in the country where it was mined, most goes to major “cutting centers” in other countries. China and India are the biggest cutting centers for beads. Both locations produce great beads; beads from India are generally hand-made and Chinese products are often laser or machine-made. Because making rough material into beads is where the “value” is added, most beads come with labels saying they were made in the country where the cutting center is located rather than where they were mined.

So, when my beads are labeled as being from China or India, I don’t know the location of origin. But when a gem comes from only one location or when I buy directly from an importer, I know the source.

FTGVE102_Nov15_a

Turitella agate fossils from Wyoming (with garnet and gold-filled, item FTGVE102)

Kyanite

With a range of blue hues in a single stone, kyanite is a fabulous gem for beautiful and unique jewelry.  Kyanite has a particularly unique and interesting property: it has two  different measures of hardness in the same crystal.  A gem’s hardness is defined as its resistance to scratching and is usually stated as a single number or small range; diamond is 10 on the Moh’s hardness scale, quartz is 7.  When you look at a kyanite crystal,  it may appear to have a grain like a piece of wood; the hardness can be 5-5 1/2 in the direction of the grain and 7 across it.

Kyanite is nKYSSN102_aamed from the Greek word for dark blue, kyanos, from which we get “cyan” as a shade of blue.  Most kyanite is blue, but it can also be white, gray, orange, yellow and green.  Although still not very common in jewelry, good quality blue and green material is used for beads and cut stones.

Kyanite crystals grow in long flat “blades”.  The gem can be translucent to opaque and the color is often very unevenly zoned over the crystal.  It is a metamorphic mineral with chemical formula Al2SiO5.   It is also a “polymorph”; one of three minerals with the same chemical formula but different crystal structure (the other two minerals are andalusite and sillimanite).

Kyanite  can be found in many locations around the world including Austria, Burma, Brazil, Cambodia, India, Kenya, Myanmar, Nepal, Russia, Serbia, Switzerland, Tanzania, the United States and Zimbabwe.  Besides jewelry, kyanite is used in the manufacture of porcelain, spark plugs and  electronics.

Kyanite is fairly durable, but KYGVE102_16_ahas perfect cleavage that can cause the stone to split with a single hard knock or blow. Don’t use ultrasonic cleaners, steamers, bleach or other harsh chemicals when cleaning kyanite; use water and a mild soap.

References:
Hurlbut, Cornelius S.; Klein, Cornelis, 1985, Manual of Mineralogy, 20th ed., John Wiley and Sons, New York.
Gemological Institute of America, Gem Identification Lab Manual, 5/2012
http://www.gemselect.com/gem-info/kyanite/kyanite-info.php