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Appraisals are an important part of fine jewelry ownership. A current, accurate appraisal will enable you to properly insure your valuable pieces and protect your investment. Do you fully understand the appraisal process and what it's primary purpose is? Read on for more information.


  • An appraisal is a document that accompanies a piece or pieces of jewelry that details the estimated retail replacement value of each item for insurance purposes.
  • The appraiser will personally make a physical inspection of your jewelry and will detail this in the appraisal.
  • An appraisal is an important and necessary document when it comes to purchasing insurance for your valuable fine jewelry.


  • An appraisal is not proof that your jewelry is worth more than you paid for it.
  • An appraisal is not a receipt or proof of purchase. Always keep your receipts from a fine jewelry purchase.
  • While appraisals may assist in showing proof of ownership, simple possession of an Appraisal does not provide title to any individual items appraised.
  • An appraisal will not disclose or indicate partial or co-ownership of an appraised items and will not disclose any liens on the appraised items. Appraisal values are based on the assumption of whole ownership.


  • Appraisals document the full retail replacement value of your fine jewelry.
  • An appraisal helps you to understand the exact specifications of the pieces you own.
  • Have a fully executed document to provide your insurance company to secure coverage in the event of a loss.
  • Have proper documentation of proof of ownership in the event of a theft, loss or damage.

All fine jewelry purchased from Tesoro Boston and valued at over $1,000 will arrive with an full Jewelry Appraisal. Tesoro Boston also offers full appraisal services for your fine jewelry. Contact us for pricing schedules and to schedule an appointment. 978.539.8270.


How are appraisal fees based?
At Tesoro Boston our appraisal fees are based on the number of pieces to be appraised and the amount of time we spend on a appraisal. Appraisal costs are in no way relational to the value of the pieces we appraise.

Do I have to leave my jewelry for it to be appraised?
Yes, your fine jewelry will need to be inspected, measured, weighed and tested to determine it's authenticity.

Can my diamonds and gemstone jewelry be appraised in the mounting?
Yes. However, since a mounting will prohibit the appraiser from fully assessing the diamond or gemstone's weight and quality, all information pertaining to those pieces will be considered approximate in nature.

Is the company that appraises my jewelry required to replace it in the event of a loss?

No. Any company that appraises your jewelry is under no obligation to replace it in the event of loss, theft or damage. It will be up to your insurance provider and yourself to determine who will repair or replace your jewelry in the event of loss, theft or damage that qualifies for insurance coverage.

Can the appraisal be considered an offer to buy?
No. An appraisal is not, and cannot be considered an offer to buy any appraised items. An appraisal is specifically meant to determine an estimated retail replacement value of each item for insurance purposes.

How are replacement values calculated?
Estimated retail replacement values are calculated using current market values for metals, diamonds, precious gemstones as well as the cost involved in manufacturing and selling the piece.

Does the estimated replacement value include taxes and fees I paid for the piece?
No. Taxes and fees are not included in the estimated replacement value of a piece.

Why is the appraised retail value often more than what I paid for the piece?
This is common and accepted practice in the appraisal arena and there is good reason for it. Fine valuables are not appraised on a regular basis, and often appraisals are only updated every five to ten years. The appraised estimated retail value is assigned to each piece to not only cover replacement value at the time of purchase but also to cover potential fluctuations in the precious metal, diamond and gemstone markets.

My appraisal says that my jewelry is worth more than I paid for it. Is this true?
No. Most appraisals are only updated every five to ten years. An appraisal that shows an elevated retail replacement value over the price of the piece is intended to cover potential fluctuations in the precious metal, diamond and gemstone market during the time period that the appraisal is in use.

Will all jewelers appraise jewelry with a similar outcome?
No. Jewelry appraisal is not an exact science. It includes a professional assessment of the items to be appraised and an estimate or retail replacement value based on current market values. Estimates of value and quality may vary from one appraiser to another. Any differences are not considered an error on the part of the appraiser. Due to the subjective nature of appraisals and appraisal values, data and dollar figures in an appraisal cannot be construed as a guarantee or warranty. Since appraisal technologies and procedures are constantly changing. It is possible that the same appraiser may examine an item differently and adjust the values accordingly at a later date and time.