Types of Appraisals
EXPERT WITNESS TESTIMONY & LITIGATION SUPPORT:
Whether you need a jewelry appraisal for insurance scheduling, confirmation of a new
purchase, resale advice or the testimony of an expert witness. My comprehensive
reports provide the detailed gemological information that your precious jewelry item(s)
or litigation case needs and deserves. Every GemSecure appraisal is professionally
prepared to the highest standards and observes the Code of Ethics of the American
Society of Appraisers. All documents and services offered by GemSecure are provided
in conformity with the Uniform Standards of Professional Appraisal Practice
promulgated by the Appraisal foundation, ASA.
Protect your investment with the GemSecure Jewelry Appraisal - Complete
Assurance.
purchase, resale advice or the testimony of an expert witness. My comprehensive
reports provide the detailed gemological information that your precious jewelry item(s)
or litigation case needs and deserves. Every GemSecure appraisal is professionally
prepared to the highest standards and observes the Code of Ethics of the American
Society of Appraisers. All documents and services offered by GemSecure are provided
in conformity with the Uniform Standards of Professional Appraisal Practice
promulgated by the Appraisal foundation, ASA.
Protect your investment with the GemSecure Jewelry Appraisal - Complete
Assurance.
Insurance Appraisal / Retail Replacement Value
This report is most commonly referred to as an insurance appraisal. This type of report is necessary
for insuring your items against loss or damage. The accuracy and detail included in this report makes
it possible to identify or have exact duplicates recreated of these precious items should they ever be
lost or stolen.
Quality Confirmation of a New Purchase / Retail Replacement Value
This report is to verify that the diamond you recently purchased is what the retailer represented it as.
A complete quality analysis is done and findings are compared to the major labortaroy certificate if
accompanied with one. The retail replacement value is determined based on the gemological
evaluation and stated in the final report. This report can also be used for insurance scheduling.
Liquidation / (Re-sale Advice)
This appraisal value is determined when an owner decides to convert jewelry items into immediate
cash by re-selling them. The sale can be held under forced or limiting conditions and with time
constraints, depending on the circumstances and or how the items are sold.
Estate (probate)
This report is for estate evaluation purposes and is necessary to determine inheritance taxes on an
estate. Jewlery values for estates are legislated to include specific information and data. Fair market
value is used for this type of valuation and it is always necessary to include comparable sales.
Divorce Settlement/Dissolution of Marriage
This is a fair market value report for an equal division of common property.
Damage Report
This report expresses the difference in value resulting from breakage and estimates the cost of the
removal, re-cutting and resetting of the gemstone, as well as the value of the re-cut gemstone (loss of
weight).
Donation
These reports are based on fair market value and are necessary for tax deductions of donated items.
Comparison
This report is for a client who brings in a jewelry or gemstone item to verify its identity and/or quality
as claimed by the seller. Comparison appraisals usually reflect the item at its most common retail
replacement value.
Post Loss
This report establishes the value of a previously undocumented item that was lost or stolen. This is a
hypothetical valuation based on information supplied by the client and supported by photographs and
a description of the item.
Casualty Loss
This report determines the fair market value of a lost, stolen, or destroyed item not previously
documented. The IRS allows an income tax deduction of some portion of the value with a proper
casualty loss appraisal.
(310) 821-1453 |
Mr. Davis serves as a Professional Jewelry Appraiser / Gemologist when required for litigation support or
expert witness testimony. He is a professionally trained appraiser who has the expertise to offer opinions of
value in an unbiased manner to aid the court in reaching an equitable decision. Expert Witness and
Consultation assignments are charged at an hourly basis (Please refer to the rates page ).
expert witness testimony. He is a professionally trained appraiser who has the expertise to offer opinions of
value in an unbiased manner to aid the court in reaching an equitable decision. Expert Witness and
Consultation assignments are charged at an hourly basis (Please refer to the rates page ).
GemSecure Jewelry Appraisals
GemSecure Jewelry Appraisals
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Types of Appraisals
GemSecure Jewelry Appraisals
| Serving The Greater Los Angeles Area For More Than 15 Years ! |
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