Jewellery Valuations

Here at Nettleton’s Jewellers we understand how sentimental your precious pieces of jewellery are, and take great love and care when we are valuing your items. We are able to organise an in store valuation for you, your items do not leave the store and are fully insured whilst on our premises in Clitheroe, Lancashire.

All our valuations are carried out here at Nettleton’s Jewellers; our expert will assess your jewellery and provide a detailed valuation certificate. Your valuation certificate will act as a legal document and can be used to present to your insurance company.


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Many jewellers require your items to be sent away, usually taking up to two weeks to be valued! Not here at Nettleton’s jewellers! As our expert is on site we usually ask that your items are left with us for around three days, just to allow time for a thorough assessment and detailed documentation of your items. 

Our valuation expert has a wealth of experience and prides himself on his efficiency and attention to detail. He understands the sentiment behind your jewellery and handles them with the upmost care and consideration.

In addition to your valuation service he will assess your jewellery and advise you of any restoration work that may need carrying out.


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Why are valuations needed?

You may need a valuation for various reasons; some of which include:

  • Valuation For Insurance Replacement
  • Valuation for probate
  • Family Division and Divorce
  • Valuation for private sale

Valuations determine the value of your items of jewellery whilst taking into account the reason for the valuation. The valuation figure does vary dependent upon the nature of the valuation, for example a valuation for insurance as opposed to valuation for probate. Therefore it is important to discuss the purpose for which your valuation is required during your consultation. The more frequent valuation certificate produced is a ‘valuation for insurance replacement’. In this instance it is a requirement of your insurance company.


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Valuation for insurance replacement

Valuations for insurance are a professional valuation essential for insurance purposes. They outline the new replacement value of your items, should your jewellery need to be replaced in the future (touch wood they never will!).

Why are probate valuations lower?

Valuations for probate are carried out in consideration of jewellery items that form part of the deceased person’s estate.  Valuations for probate are lower as the items are valued based upon the price they could be reasonably sold for on the open market. In addition to this, the condition of the goods will be taken into consideration upon valuation, as this will affect their immediate saleability.


Section 160 of the Inheritance Taxes Act, 1984 outlines “… the value at any time of any property shall… be the price which the property might reasonably be expected to fetch if sold in the open market at that time…”.


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How often should my jewellery be valued?

The frequency of updating your valuation certificates varies dependent upon the nature of the valuation. We recommend updating your valuation certificates every three years for the purpose of insurance, but please do check with your insurance company of their requirements as they may differ. It is advisable to regularly update your valuations this will aid the accuracy of an up to date valuation. Valuations for probate and family divorce will be carried out prior to the division of such items.


What should I bring to my jewellery Valuation?

Usually we will ask if you have any of the following documents to support your jewellery items;

• Any receipts
• Any previous valuations
• Any boxes, ideally original ones
• Any certificates or third party papers relating to the articles
• Your insurance policy’s single item limit, if a valuation for insurance is required
• The deceased’s name and date of passing, if needed for probate

It would be handy if you bring these documents with you to your initial consultation. If you would like to find out more information, or wish to make an appointment, please contact us in store.

Data protection, storage of information

Your data will be stored in accordance to the Data Protection Act 1998.