Rick Jennings, Appraisals Expert View Rick's Bio

We are excited to now offer a variety of professional appraisal services on jewelry pieces that were not purchased at Diamonds Direct. We recognize the importance of insuring your valuables and are happy to assist you in the process. Most appraisals will be accompanied by a flash drive with professional images of each piece. Diamonds Direct offers several types of appraisals to fit your specific need. We look forward to providing you with all the answers to your fine jewelry needs. Please contact Rick Jennings, Certified Appraiser , to make your appointment today.

Why Do You Need an Appraisal?

It is important to keep an appraisal on your fine jewelry or sterling silver flatware and holloware. There will be minimum insurance coverage should the piece(s) be lost or stolen. Most insurance companies have unscheduled limits in the $2,500 range with a deductible. Some companies have a higher limit on unscheduled jewelry. It is advisable to have a separate rider on most jewelry and/or silver so it is fully covered if lost or stolen. An appraisal also gives you a complete record of your items with full details and pictures. Due to market fluctuations, we recommend having your appraisal updated approximately every 3 years.

Types of Jewelry Appraising Services

Insurance Replacement

The most common appraisal, providing you with information to insure a replacement of equal quality and value. This type of appraisal is usually needed to properly insure jewelry against damage or loss. Pieces that are deemed irreplaceable will be discussed on an individual basis.


IRS Guidelines must be strictly followed during estate appraisals. For probate purposes, appraisals are based on Fair Market Value, which must be clearly defined.

Damage Report

This report is used to determine the amount of loss due to damage. This includes the cost of stone removal, recutting and resetting of gemstones; as well as repair of damaged mountings. Value is set based upon the value of the damaged piece versus the undamaged equivalent.

Casualty Loss

This report determines the Fair Market value of a lost, stolen, or destroyed item not previously documented. The IRS allows a deduction for income taxes based upon a portion of the value with a proper casualty loss appraisal.

Salvage Value

Involves an insurance company or individual presenting Diamonds Direct with a damaged, but salvageable piece. Offers can be made immediately to you on a case by case basis.

Period Jewelry

Evaluating antique and estate jewelry is one of the most challenging and exciting tasks for the professional appraiser. The process involves in-depth knowledge of historical and developmental time periods, worldwide manufacturers and rarities in precious jewelry. Historical time periods in which jewelry is defined by style and craftsmanship are listed below:

  • Georgian Period: 1714-1831
  • Victorian Period: 1832-1901
  • Edwardian, Art Nouveau: 1890-1915
  • Art Deco: 1920-1935
  • Retro: 1940-1949
  • Post Retro: 1950-1969


Other types of appraisals include Barter, Comparison, Collateral, Divorce, Donation, Gift, Gem Identifications and Qualitative. These are commonly requested by trust or estate lawyers and require knowledge of IRS guidelines.

Purchasing Jewelry

Diamonds Direct understands that making the decision to sell your personal jewelry pieces is not always an easy one. We want to ensure that each of our customers, and their jewelry pieces, are handled with complete confidentiality and the utmost courtesy and respect. In order to pay the best, most accurate prices, it is vital that we stay in touch with the market. Diamonds Direct not only works with individuals, but also with banks, lawyers and trust and estate professionals to ensure we are the most up to date with the market.


We strongly advise making an appointment to ensure we help you in the most efficient way possible. On the spot appraisals can be accommodated in most circumstances and walk-ins will be helped as quickly as possible. Appointments are available between 10:00am and 6:00pm Monday-Friday.


The most equitable way to charge for an appraisal is an hourly rate. The fee will be discussed with you during the time of take-in and prior to completing the appraisal work. We advise to never accept a fee based on percentage.