Diamonds on Fifth provides complimentary appraisals on all diamond engagement ring purchases. The appraisal is a document stating the approximate retail replacement value of an item and is usually necessary for insurance purposes. In cases of theft, loss or damage, your insurance company will use the appraisal to provide an equal replacement of the item in question. The insurance company also uses this document to calculate your premium based on the retail replacement value in the appraisal.
A Diamonds on Fifth appraisal includes the following information:
A complete and accurate description of the item being appraised.
The metal used in the engagement ring setting.
A description of the center diamond including shape, carat weight, color, clarity and measurements.
Approximate retail replacement value.
Name of independent laboratory certification and report number.
To ensure that your diamond meets the high standards of quality set by Diamonds on Fifth, all our appraisals are written and signed by Graduate Gemologists.. The center and side stones are carefully analyzed and inspected under magnification to make sure they match the accompanying laboratory certificate.
If you have any questions regarding appraisals, feel free to contact our diamond professionals at 866-382-0288.