FAQS

What is a Valuation?

A valuation is a formal document prepared by a qualified professional that describes your jewellery in detail and provides an expert opinion of its value for a specific purpose. It includes photographs, measurements, and a full item description. All JVS members follow recognised industry standards and are independent of retail, ensuring impartiality.

Why should you get a valuation?

Whether for insurance, estate division/planning, resale, or legal purposes, it ensures you have accurate documentation of your item's identity and current value. Most New Zealand insurance companies require an up-to-date, independent valuation to validate cover and process claims.

Why get a valuation with JVS members?

JVS members are independent, qualified professionals who do not buy or sell jewellery, ensuring all valuations are unbiased and based solely on expertise. JVS valuers adhere to strict ethical standards and keep up to date with current New Zealand market trends
By choosing a JVS valuer, you can trust that your valuation is:

• Accurate and objective
• Recognised by all major NZ insurance companies

Compliant with industry best practices

How much are valuations?

On average, a standard single-item valuation falls in the $100–$200 range, but prices can vary depending on the number and complexity of items.

What are the different types of valuations?

Here are a few common valuation types:

• Valuation for Insurance Purposes

Reflects the retail replacement cost of an item, ensuring adequate cover in the event of loss, theft, or damage.

• Retail / Fair Market Valuation

Represents the value of the item in the current market-- suitable for new or second-hand items offered for sale.

• Estate Division

Used for probate, estate planning, or distribution of assets among beneficiaries. Often required by lawyers or executors, and typically reflects fair market value.

• Post-Loss Appraisal

Prepared after a loss has occurred—commonly for insurance claims where no prior valuation exists. Based on available documentation such as photos, receipts, or item descriptions.