(Closed) Ring appraisal?

posted 5 years ago in Rings
Post # 3
955 posts
Busy bee
  • Wedding: November 1999

My insurance company only wanted to be sure that my appraisal was performed by a GIA-certified gemologist.  You can usually find on online in your area or on Angie’s List…


You’re right about not having your ring appraised from the jeweler you purchased it from…since I just have a feeling you may get a biased review.

Post # 4
54 posts
Worker bee
  • Wedding: June 2013

@soontobemrsm11:  We had our jeweler appraise our ring for insurance puposes as well.. Insurance had no issue with it. I never really thought about the bias from the jeweler that made the ring, though. Interesting thought.. 

Post # 6
54 posts
Worker bee
  • Wedding: June 2013

@soontobemrsm11:  I believe that’s how it works… I’m not 100% sure. In the long run, though, personally I’d rather pay a little bit more to insure the ring for 100% of what it’s worth rather than less and end up paying out of pocket. I guess I’m a little cautious but I’d much rather over protect something than under protect.

Post # 8
54 posts
Worker bee
  • Wedding: June 2013

@soontobemrsm11:  We used Perfect Circle Insurance (Part of Jeweler’s Mutual) and if I remember correctly, you don’t have to go back to the original jeweler. It might be easier that way but I think the insurance company just requires the jeweler be approved, or something, but I don’t think they just give you cash. Some policies might. I haven’t looked at my policy in a while.. Maybe I should, haha.

Post # 9
1841 posts
Buzzing bee
  • Wedding: April 2014

Our jeweler has an independent appraiser in the store once a month. We needed an appraisal for insurance, so I took the ring to him when he was there. Had to pay for it (of course) but it appraised for $2,000 more than we paid. Score!

Post # 11
139 posts
Blushing bee
  • Wedding: April 2015

I’m having my ring appraised later today. I found him through Yelp, which I love, so you can read other peoples reviews and find out if he’s a GIA certified gemologist before you even call 🙂 


It’s $225 which seems kind of spendy to me but he’s one of only 2 GIA certified gemologists in the area and the other is like an hour away. 

Post # 14
6355 posts
Bee Keeper

We took it to a well-known gemological laboratory/appraiser.


Post # 15
9952 posts
Buzzing Beekeeper
  • Wedding: December 2012

Well from what I understand…

It is like many other Professionals… you take a bunch of courses, get various Certificates… and eventually they add up to be enough to earn an Official Diploma

There is a Code of Ethics, and the industry is monitored

(In that Insurance Fraud, of any time, is HUGE)

So even tho, a Jeweller may have a trusted Appraiser they work with often (remember it is also in the Jewellery Store’s best interest to not cheat you either)… it doesn’t mean that the these two (the Jewellery Store / Goldsmith and the Appraiser are in cohoots).

In my case…

My first marriage (circa 1980) our Rings were bought at Peoples (aka Zales in the USA).  They had a GIA Certificate when I bought them.  And Peoples had / still has a policy where if you trade in your Rings later for a more expensive Diamond Purchase, they’ll count whatever you paid for the item (with your Original Receipt) as a Credit… so essentially a NO LOSS Guarantee.

This time round…

My ERing came from a longstanding Family Run Jewellery Store… it is a semi-custom setting, came with its Canadian Diamond Certification.  After purchase was appraised by a local Independent GIA Certified Gemologist / Appraiser.  It came back valued at aprox 33% more than we paid for it.  So I was quite pleased.


My Sparkly WBand came from Peoples, and came complete with the GIA Certification (and the Canadian Diamond Certification as well).  This Chain Jewellery Store Certification is only slightly above the amount that we actually paid for the ring, about 10% … but it does come with that eternal promise by Peoples that we can always trade-it-in for a higher priced Diamond item.

Hope this helps,

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