The expertise of jewelry is an essential passage that should not be taken lightly. It is necessary to sell, insure or share your jewelry. At the end of 2019, an ounce of gold, or 31 grams, was worth almost 1,358 euros. A small fortune may be hiding in your drawer. As with the sale of any other precious object, it is best to contact a specialist.
Jewelry expertise: what for?
The only way to determine the exact value of your property is to have it appraised. The expertise of a jewel is carried out, for the most recent, by a jeweler or a specialist in gemology. It is also possible, for the oldest pieces, to call on an auctioneer. The professional takes into account the dimensions of the object, the metals used, its weight and describes, with supporting photo, the characteristics proving the value of your ring or necklace.
These data are essential in the context of a sale, sharing in the event of an inheritance or to insure your precious goods. Once appraised, you will get the use value of your piece, that is to say the average value of the object. Insurance companies take this value into account in their theft insurance policy. The use value is not that at which your jewel will be redeemed in the event of sale.
The gold 18K has the highest value, followed by the 14 carat and 9 carat. The selling price of your jewelry depends on the purity of the gold it presents. The professional checks the punch affixed to your chains and bracelets according to its value: the eagle’s head (18 carats), the shell (14 carats) and the clover (9 carats).
The diamonds are valued based on an international side there still considering the carat weight, color, purity, size, polished or proportions and the fluorescence of the diamond.
The price of a jewelry appraisal
The law obliges professionals to display their prices. Despite everything, it is good to play the competition by asking for several quotes. These can range from 130 euros for a piece of jewelry paved with diamonds without stones in the center and whose assumed price is more than 2,000 euros and less than 8,000 euros, to 480 euros for a ring with a ruby in its center of less than 10,000 euros. In addition, for diamonds, a certificate of authenticity less than 100 euros most of the time.
If you are looking to sell your jewelry, turn to jewelry stores instead. In addition to the quantity of precious metals present in the piece, they also take into account other criteria: style, portable or not, level of wear, name of the jeweler for old works.
If it is a treasure (gold coin for example), you can get a free oral estimate from an auctioneer in an auction house.
Sale of jewelry: what is the tax system?
Taxes are associated with the sale of precious objects. In the case of jewelry, a special regime applies. Below 5,000 euros, you pay nothing. Beyond that, a tax of 6.5% applies on the product of your sale.