Jewelry Appraisals

Dan Balboni, GIA GG, ISA 


Society of Appraisers

I offer three types of jewelry appraisals based on your individual needs:

  • Insurance

  • Resale

  • Estate Settlement/Equitable Distribution

Dan Balboni, GIA GG, ISA

Graduate Gemologist

Gemology is the study of gemstones. A Gemologist's studies include:

  • Diamonds

  • Diamond Grading

  • Colored Gemstones

  • Gem Identification

  • Colored Stone Grading.  

The definition of appraisal is - the act of estimating or judging the nature of value of something or someone.  An appraisal is a legal document.  Therefore, jewelry appraisals should be performed by an appraiser who has formal education as a Personal Property Appraiser.  

The minimum requirements of an appraisal report must include:

  • Cover Page - includes the client's name and address and the appraiser's company name and address.

  • Cover Letter - (a) detailed description of the "purpose" (type of value sought); (b) "function" or assigned use.

  • Examination date(s) and location(s).

  • Effective date(s) of value(s).

  • Complete detailed description of each appraised item, unless describing lots.  They should paint a word picture so items can be identified without photographs, however, I include photographs in every report.

  • Methodology and market analysis.

  • A statement by the appraiser that he/she has no financial interest in the personal property or full disclosure if there is.

  • The appraiser's CV/resume'.

Reasons not to accept an appraisal report:

  • It does not include all of the above.

  • It is not signed.

  • It is hand written.

  • The fee is based on either a contingency or upon the value of the personal property.

      (Example - the fee is based on a percentage of the total value).

  • Purpose (value being sought) and/or function (assigned use) are not stated.

  • It is outside the appraiser's area of expertise.

  • The appraiser is not able or is unwilling to defend the appraisal in court.  (Keep in mind that if the appraiser must go to court that it will be subject to the appraiser's availability and separate fee schedule at that time.)

Although there are many types of appraisals, these are the three that most people may be somewhat familiar with: Insurance, Resale, and Estate Settlement.  Most people at some point in their life may need at least one of these.

If you need to have your jewelry evaluated for any of these purposes, please feel free to contact me at (860) 337-2050

or you may make an appointment right here on my website by clicking the Schedule Appointment button below. 




Be sure to check out this PDF The Essential Buyer's Guide To Jewelry Insurance.  




I look forward to hearing from you.

Dan Balboni, GIA GG, ISA