Appraising Crystals and Gemstones
Determination and evaluation of replacement values
for Insurance purposes.
It is very necessary for crystal collectors to have a means of determining the value of a collection of crystals. Although all crystals are unique, it follows that in the event of loss. You need to know the probable cost of similar replacements should you suffer the unfortunate circumstance of total loss. What is needed in the event of an Insurance claim is a Certificate of Authenticity and Valuation Methods of Evaluation: As a starting point,
Crystal just like Gold, has a base value. This is calculated on the
weight of the crystal. Added to this, is any intrinsic artistic value
and then finally the metaphysical properties are taken into account.
Points are awarded according to the following categories:
1. Clarity Grading is assessed on the following classifications:
B Low grade Finally, we arrive at a realistic replacement cost. This amount represent
the probable price that we would have to pay, to replace that crystal
with a similar Crystal on the date of the appraisal.
Institutions, exhibitors and large collectors should take precautions,
before applying for Insurance. Obtain a certificate of valuation first.
As in our experience, Insurers are none too keen on settling claims
quickly without one.
In any case, items in ownership for more than a few years have invariably
increased in value. As an example some Blue John artifacts have risen
by over 1000% in value in the last few years. It is always a good idea
to keep all original receipts but remember that the price paid for the
item is not a true reflection of it's worth today.
In conclusion, if we take good care of our possessions, as time goes
by they will increase in value. If only to keep pace with inflation.
Reappraise your collection, then should the unforeseen
strike, you will not be caught totally unprepared.
©2001 Crystal Cavern
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