Our experienced jewellery and watch valuation team can assess the value of jewellery, watches and silverware for either insurance or probate purposes.
Valuations for Insurance
It is important to ensure that all your precious jewellery and watches are fully itemised on your home contents insurance policy. Without such a list you may not be able to make a claim in the event of your possessions being lost or stolen.
At Bensons of Ludlow we can examine all such items, assess their value and produce a detailed valuation certificate including a colour photograph which you can pass to your insurance company.
Valuations for insurance are priced on a per item basis. The basic charge is £50.00 which includes one item. Subsequent items are £25.00 each.
Items which are of a particularly high value or of an unusual nature (eg large or fancy diamonds, complex antique pieces) will be assessed on a case by case basis and we will contact the customer with an estimate before any work is undertaken.
Valuations for Probate
A valuation for probate may be required upon the death of the owner of jewellery and other valuables, in order to be submitted to legal representatives winding up the estate. The value of such items will be less than those for insurance purposes and will be based on an open market assessment of their worth at the time of death. The probate certificate will contain less descriptive detail than that for insurance purposes.
We will discuss the cost of such a valuation with the customer based on the number of items and their nature.