Probate Jewellery Valuation Or Confirmation Of Will
How To Value Jewellery For Probate – When valuing the chattels of an estate for probate an executor must include any jewellery that the deceased owned or had an interest in. It is one of the assets that the HMRC will want valued and included for Inheritance Tax calculations. Unlike an insurance valuation which will show the full retail replacement value as new or as antique of your jewellery our probate jewellery valuation and assessment is based on the best amounts likely to be achieved at auction or by selling the jewelry to the trade, also determined by the quality, age, precious metal value, prevailing tastes, the condition and state of wear of the items. Avery Associates will value your jewellery for probate purposes and are regularly chosen by national and international law firms, administrators and executors. Our expert jewelry valuers and gemologists provide credible and accurate valuations which are readily excepted by Her Majesty’s Revenue & Customs. Our valuers have a vast comprehensive knowledge and over 90 years of experience at valuing jewellery and watches for probate. Together with this level of expertise and experience Avery Associates can assure you of the highest standards when valuing your jewellery for probate.
Valuation Of Watches, Precious Stones, Vintage & Modern Jewellery
What Types Of Jewelry And Watches We Value – Avery Associates are able to value Gold, Silver, Platinum and all types of jewellery whether it is modern of this century, Victorian or Regency. Single and multi stone diamond rings brooches, necklaces as well as Rubies and all other large precious stones of high carat and grade. We also carry out probate valuation of rare costume jewelry and expensive modern items, this includes watches such as Rolex, Pateke Philippe, IWC, Breguet, Blancpain, Louis Moinet, Audemars Piguet, Piaget, Roger Dubuis, Panerai, Jaeger LeCoultre, Vacheron Constantin, A. Lange & Sohne, Tiffany and any other rare antique or valuable jewellery by makers such as Harry Winston, Van Cleef & Arpels, Piaget, Bulgari, Cartier, Chopard, Graff, Efva Attling Stockholm, Autore, Costis and more.
Unlike other valuers our valuation is included in our fixed probate valuation fee of house contents and personal possessions and incurs no extra charge. To arrange a probate jewellery valuation or for a free consultation contact us on any of the numbers above.
Commonly Asked Questions
We need to have jewellerey valued for probate how does it work ?
When you instruct us we will send one of our experienced appraisers who will be able to value your jewellery accurately
Can you value bequests that specify jewellery listed in a will ?
Yes, each item bequested will be valued separately by our valuer to confirm the will and its its directions
My late mother had a diamond engagement ring can you confirm it’s genuine and value it accurately ?
Yes, our jewellery experts can value a ring of any size or configuration accurately
Why is an insurance valuation of jewellery different to that of a probate valuation ?
An insurance value is a full retail or replacement value rather than for probate purposes a value if sold to the trade or to a willing buyer from a willing seller
There is a considerable amount of costume jewellery, does it have value and should it be included on a valuation report ?
Yes we can value it and sometimes costume jewellery can be valuable so we will recognise it immediately
My father had a large collection of watches, can you identify any valuable or rare models ?
Yes, we can easily identify any valuable watches and provide their true value and the value of regular timepieces
I want to purchase an item of jewellery from the estate, what should i do ?
Simply let our valuer know which item that you wish to purchase from the estate and we will provide it’s own price so that you can legitimately purchase it from the estate
Do wedding and engagement rings need to be valued for probate or are they exempt ?
Sadly yes, even the very personal belongings of the deceased are to be valued, included and subject to Inheritance tax
How do you value a diamond ring ?
The value of a diamond ring is based on several factors.
Firstly is the ring old or modern ?
Is the setting made of platinum , gold or even silver ?
Is the stone actually a diamond or a simulated stone that looks like a diamond ?
How big is the stone and is it a good quality diamond ?
These are all questions faced by our valuers here at Avery Associates, and before a valuation is released we undertake extensive research to grade each individual stone. It will be based on the weight, cut, colour and clarity of the diamond. We also check the hallmarks of the setting in order to determine who made the piece, whether it be a mass produced ring or an important commission by one of the important jewellery houses. Is the piece currently fashionable to wear or would it appeal more to a jewellery collector ?
When all factors are assessed it is possible to make a considered valuation on a diamond ring, brooch or other piece of fine jewellery.