Valuations

What is a valuation certificate?
A valuation certificate is a document that provides a detailed description and value of one or more items of jewellery. A typical jewellery valuation involves carefully examining each item to assess the quality and arrive at a value judgement based on current market conditions. While two items may appear identical to the untrained eye, each has qualities that can affect the final valuation.

Consumers should only accept valuation certificates that clearly state the purpose of the document, eg, insurance, deceased estate, auction, private sale or divorce settlement and the type of market to which valuation relates, such as, Melbourne midcity retail jewellers.

Who can produce a valuation?
Under current Australian consumer law anyone can produce a valuation, but the JAA strongly recommends consumers request that a valuation be produced by an independent registered valuer. All registered valuers are required to be members of the National Council of Jewellery Valuers (NCJV). These valuers must undergo training in all the key areas of gemmological study, gemstone grading and the detection of synthetic gemstones. They must also commit to ongoing education to keep up-to-date with industry changes in order to maintain their membership as an registered valuer.

National Council of Jewellery Valuers

The National Council of Jewellery Valuers will be able to give you the names of independent registered valuers in your area. To visit the NCJV website please click here.