This is the most common type of valuation, compiled on the basis of what a broadly similar article will cost to replace in the unfortunate event of loss or damage. The figures in the valuation represent average retail prices in the usual, local market.
A valuation for probate purposes may be required upon the death of the owner of the jewellery. This can be used to be submitted to legal representatives winding up the estate; possible liability for death duties may ensue. The values stated could represent much lower values than for an insurance valuation, and are based upon an open market assessment of their worth at the time of death.
This type of valuation applies where one wishes to sell an article of value to an individual privately. The willing buyer/willing seller situation provides a figure that is reasonable to both parties in the equation.
We at Karwals can make your desired design into reality. Using the latest CAD software we can make precious pieces of jewellery in your desired gemstones and gold. We work with you to make sure the design matches your criteria before casting and finishing the piece. Please contact us today if you have a one-off piece you wish to make into reality.