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Insurance Valuations

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Overview

Richard Winterton Auctioneers Ltd is an associate member of The National Association of Jewellers and offers professional detailed insurance valuations of jewellery and watches at our Fradley headquarters or Tamworth office.

We can also provide a secure ‘drop off and collect’ service where you can leave your treasured items with confidence at our premises.

Valuations today need to be undertaken to a very high standard in line with insurers’ expectations and the highest level is represented by our expertise in gemmology and diamond grading.

As with any commodity over a period of time, values can change dramatically. It is especially important to be aware of the current value of your property so you can be secure in the knowledge that you are fully insured in the unfortunate event of loss or damage.

It is advisable to check with your own insurer as to exactly what you are covered for and any conditions to said insurance – for example, certain items such as expensive jewellery and watches may not be covered against loss or damage outside of your property.

Most insurers will require formal evidence from a suitably qualified professional in order to consider a claim.

Our professional inventories are set out in a clear and concise manner, free of complex jargon and duplicate copies are issued usually within seven days of the initial visit.

Fees

We offer our professional formal written valuation service for insurance, probate, sale by private treaty and family division purposes.

For specialist items which take longer to research, individual fees are available on request. All prices are also subject to VAT.

As values are constantly changing, we can if required contact you at agreed intervals to make any necessary updates.

£220 (minimum) per hour for the first hour + VAT and mileage (where applicable)

Thereafter £70 per hour + VAT

The NAJ and IRVs

The National Association of Jewellers’ Institute of Registered Valuers is a professionally recognised body which upholds the highest of standards in the industry.

Institute Registered Valuers (IRVs) number around 140 throughout the United Kingdom and Irish Republic. They have all proven their expertise to their peers, with formal training and substantial experience within the industry.

They provide a professional service you can trust.

Do you have a similar item? Speak to our team today for a free online valuation.

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