Typically, appraisals start at around $100. However, this cost varies depending on the complexity of the appraisal required. We recommend bringing your jewellery to any Knar Jewellery location for an accurate cost estimate.

Our jewellery appraisal process typically takes 10 to 15 business days to ensure a thorough evaluation. However, we understand that sometimes you may be on a tighter schedule. If that's the case, please let us know, and we'll do our best to accommodate your needs within shorter timelines.

We recommend updating your jewellery appraisal every three to five years to ensure it matches current market values and conditions. However, it’s crucial to check with your insurance provider on their specific guidelines. Otherwise, you may not have adequate coverage against loss, theft, or damage

Bringing in your physical piece of jewellery is essential for a comprehensive appraisal. Relevant documentation, including original receipts, previous appraisals, or certificates of authenticity, will also greatly assist in a precise evaluation. These documents, alongside the physical item, allow us to assess specifics like measurements, grades, and carat weights, especially in set jewellery, ensuring you receive the most accurate appraisal.

Each type of appraisal reflects the different needs and situations a jewellery owner might face.

a. Replacement Value Appraisals are generally prepared for insurance purposes. They focus on estimating the cost to repair or replace a lost, damaged, or stolen item with an equivalent piece. This estimation is based on current market conditions and should be updated every two to three years to remain accurate as market prices fluctuate.

b. Fair Market Value Appraisals are essential for charitable donations, marriage and divorce settlements, or tax applications. These appraisals reflect the price a knowledgeable, willing buyer would pay to a willing seller with no urgency to sell. It’s about finding a fair price without the pressure of time constraints.

c. Liquidation Appraisals are sought in urgent situations such as estate probate, bankruptcy, or when jewellery must be quickly sold as collateral. These appraisals typically yield the lowest value, as they account for the need to sell swiftly, often under less-than-ideal conditions.

Precious metals and gems have prices that can fluctuate. The details in your appraisal clearly define the qualities and attributes of those metals and gems, allowing a consistent determination of value over time. We recommend updating your appraisals every three to five years to keep your insurance coverage current and for personal peace of mind in case of a chip or missing gem.

While it's beneficial to appraise high-value items, not all jewellery needs an appraisal. The rule of thumb is to appraise pieces that have significant monetary, historical, or emotional value, like engagement rings, heirloom pieces, and items made with precious metals and gemstones. These pieces are often substantial investments and may require insurance coverage, for which an appraisal is indispensable. We may also suggest creating a listing for many of your smaller items.

Costume jewellery, while often beautiful and meaningful, typically does not require an appraisal due to its lower material value. However, if you have vintage costume jewellery or a particularly unique piece, you might still choose to have it evaluated for your knowledge or resale purposes.

A reputable appraisal should come from a certified gemologist who is also an accredited appraiser through the American Gem Society (AGS). These professionals undergo rigorous training and adhere to strict ethical standards, ensuring their evaluations are accurate and impartial.

Additionally, a legitimate appraisal will be detailed and comprehensive, including a thorough description of the piece, photographs, the methodology used for valuation, and the current market value. It should also mention the appraiser's qualifications and contact information.

At Knar, we provide appraisals that meet all these criteria, giving you confidence in the value and authenticity of your cherished pieces.

Determining your jewellery’s value is an intricate process that blends science and market knowledge. Our expert appraisers begin by thoroughly examining each piece, using specialized equipment to assess the quality and condition of metals, gemstones, and craftsmanship. They consider various factors, including the carat weight, cut, clarity, and colour of any gemstones, as well as the rarity and desirability of the materials used. The piece's historical significance and provenance are also considered if applicable.

Beyond the physical attributes, our appraisers stay abreast of current market trends and prices, ensuring the valuation reflects the piece's actual market value. This comprehensive approach allows us to provide an accurate, detailed, and transparent appraisal of your jewellery's worth.

For more than four decades, Knar has been a pillar in the Canadian jewellery industry, distinguished by unparalleled standards of quality and service. Our knowledgeable team includes an American Gem Society-accredited appraiser. This expertise ensures your pieces receive the most accurate evaluation. Additionally, we offer one of only several on-site gem laboratories in Canada, ensuring we have the tools and technology to meet our customers’ needs, whether they live in Oakville, Guelph, Toronto, or surrounding areas.