Frequently Asked Questions
Q: How do I clean my jewelry?
A: the best way is to have your jewelry professionally cleaned.
Fine precious metal jewelry can be damaged in several ways by
cleaning.
1. Gold is a soft metal as is silver. Most cleaners and cleaning
methods can scrpae and scratch your jewelry. Scraping and scratching
your jewelry detracts from their value as well as their appearance.
2. Silver jewelry, especially can be damaged because the
discoloration usually called tarnish is removed by most cleaning
methods. Since the "tarnish" is actually silver oxide, when you
remove it you are removing silver from your precious jewelry.
3. Precious metal jewelry with stones mounted is very suseptible
to improper cleaning. Stones are "mounted" in your jewelry by
various methods but all of them in some way press the metal against
the stones. In a common method, "prongs" are used. These prongs are
relatively easy to pull away from the stones by rubbing with cloths.
If you loosen a stone by releasing the pressure of the prongs, you
may lose the stone during normal wear.
Professional cleaning is a very low price to pay to maintain the
value of your precious jewelry.
Q: Is it really important to get an
Appraisal on my jewelry?
A: You should update your jewelry appraisal every 3 years for
insurance purposes.
Most people only have their jewelry appraised at the time of
purchase. While this is important for insurance valuation, the
volatile prices of precious metals over the past few years
have made it more important that you have a recent appraisal of your
valuables, for insurance purposes, especially if you have a
substantial quantity.
Q: What is the difference between retail, insurance, and pawn
value of an item of jewelry?
A: 1. A retail appraisal is the type of appraisal you usually get
when buying new Jewelry at retail from a reputable jeweler. The
value that the appraiser lists is a value around the estimated
retail value of the jewelry being examined. This value includes
material values and workmanship values.
2.
An insurance appraisal
is similar to a retail appraisal, in that it takes into acocunt
quality of workmanship and other considerations, such as replacement
value. Insurance value also takes in to consideration such factors
as rarity and in many cases, an approximated high auction value of
an item.
3. A Pawn appraisal, is a special appraisal, in that it is generally based
on a quick sale price of the item with consideration given to the
raw value(s) of materials. This raw value of materials is also
called "melt."
When one considers the pawn value of an item of jewelry, it is important to
understand the current volatility of the precious metals market.
Each of these appraisals give you important information about your
own specific jewelry items. When you are trying to find out "what
it's worth" remember that you might get very different answeers,
depending on who you are asking. Q: What is Estate Jewelry"
A: The answer will be posted the first week of February. If you think you know the answer, call Jay @ LaTienda and tell him what the answer is. He might give you a special gift if you are right.
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