How Can Independent Appraisal Practices Contribute to Colored Stone Business

The general perception of gem and jewelry appraisal/valuation is to obtain coverage for insurance only. Nevertheless, the appraisal profession offers a great variety of additional value related to services. An independent opinion of value related services. An independent opinion of value and market information is beneficial to global colored stone business from the manufacturer to the consumer. While success in the traditional gem business remains to be experience based, new practices, such as responsible jewelry trading, are in need of a third party for verification of the goods. Similarly, extending the most updated information from laboratories to the consumer level may well be achieved via independent appraisals. In an ever-changing world, thanks to advanced technology and brand-new concepts, consumers should feel more comfortable having a third-party opinion on their purchase. This is viable through independent gem and jewelry appraisers/valuers cooperating with the global colored stone trade to communicate new developments to the consumer.