Appraisal vs. Opinion of Value
What are my items worth? Our staff will give you an opinion of value, but there's more than one answer to that question.
What Is This Worth?
When you ask what an item is worth, the honest answer depends on what you plan to do with it.
Borrowing
The maximum amount you can expect to borrow against your item with a personal asset loan.
Selling
How much you can expect from a dealer who is purchasing your item outright.
Buying
The established retail price of the item, both new and used.
Opinion of Value, Not a Formal Appraisal
Our staff will give you an opinion of value on your items. We don't provide appraisals for legal or insurance purposes.
If you need a formal appraisal of your jewelry for legal or insurance purposes, contact Diamond Appraisers of Florida.
Opinion of Value Questions
Can I use your opinion of value for insurance?
No. An opinion of value isn't a formal appraisal, so it can't be used for insurance or legal purposes. For those, contact a certified appraiser such as Diamond Appraisers of Florida.
Why are the loan, dealer and retail values different?
Each one answers a different question. Retail is what a store charges a buyer. A dealer buying outright has to be able to resell the item, so the dealer value is lower. The loan value is the most you can borrow against the item.
Do I have to sell or borrow after getting an opinion of value?
No. There's no obligation.
Stop by and see us today
Loans, gold buying, estates and watch batteries, all in one store on Hercules Avenue.