Are Pearls Graded Like Diamonds?
Pearls are not graded by an industry-wide standard like diamonds. When you look for cultured pearl jewelry consider the following value factors:
Size: Like diamonds, the larger the size the more valuable. Size has the greatest influence on price.
Shape: A perfect sphere is the rarest and only a tiny percentage of pearls fall into this class. Most pearls are symmetrical and just slightly out of round.
Color: Cream is the most common color. Light rose is also very popular. Pearls occur in a wide range of colors including pewter and black.
Luster: Is the surface of the pearl shiny? Choose pearls that reflect back the light with brilliance.
Surface: Better pearls are free from blemishes and pits. Remember, pearls are a product of nature so expect some small imperfections.
Cultured pearl necklaces, bracelets, and earrings are an important component of a fine jewelry collection. Necklaces are the most common form of pearl jewelry. If you would like to see some of the wide range of cultured pearls available call to arrange for your personal showing.
Jewelry Appraisal & Insurance
Your insurance company most likely will require an appraisal of your jewelry that is covered.
A sales receipt is not a substitute for an appraisal. However, keep your receipts as documentation of what you paid. When purchasing a piece of fine jewelry always ask for an insurance appraisal. Appraisals should be updated every two to five years.
This is especially important with diamond jewelry. A proper appraisal will include a complete description of the item and a replacement value. An accurate description is very important, as most policies allow the insurance company the option to replace your jewelry in the case of a claim.
Be sure the value assigned to your jewelry is realistic. Over valuing will result in having to pay too high of an insurance premium.
Your jewelry collection represents a sizable investment. Be sure that it is properly insured.
Understand the limits of your renter's or home owner's policy as it pertains to jewelry. If you have any questions, ask your agent. Consider purchasing a personal articles policy to cover jewelry and other specialized valuables, such as a fur coat