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The Professional Appraisal Practice - Part II

Point of sale appraisals - Professional Valuation & Appraisal services can be a source of professional pride, customer respect and lucrative profits. So why do so many jewelers persist in embracing the hazardous pitfalls inherent to providing such services without the training requisite to doing so?


DCA helps jewelers improve sales, even during slow economic times

For more than 60 years, the Diamond Council of America (DCA) has been an industry leader dedicated to providing affordable, high-quality education focused on diamonds, colored gemstones, and fine jewelry. DCA courses have proven to help improve overall sales for jewelry retailers and sales associates, even during slow economic times. For one DCA member, sales associates who were DCA trained had twice as many sales per hour than associates who were not trained through DCA courses.

The Professional Appraisal Practice

This article is in response to Mr. Koehler’s articles in the December and January issues of this publication entitled “Appraising jewelry my way”.

Valuation & Appraisal science for personal property, including gems and jewelry, is now in its 4th decade of long-standing, but continually developing Core Valuation Principles, and applied Ethics, Terminology, Procedures, Methodology and Reporting for professional providers of valuations and value related appraisal services, i.e. authentication, identification, grading, etc.

More on appraising

It is with great interest that I read Chuck Koehler’s article about appraising - well, more really about how he appraises.  Today, appraising is no longer considered an added value for jewelry stores -give-them-an-appraisal-higher-than-the-amount-they-paid-’cause-it-will-make-them-feel-good-and-they-will-come-back. The appraiser is now much like other professionals one relies on for accurate, unbiased, documented counsel. The status of appraising has changed dramatically during the late 1970s - the awful days of investment gemstones, tax shelter donations and barter deals.

KDM is preferred jewelry showcase supply partner for Stuller

KDM Feb(CINCINNATI) - Stuller, one of the world’s largest jewelry manufacturers and suppliers to jewelry retailers, has opened their Interiors by Stuller division to its customers enabling them to have direct access to Stuller’s preferred jewelry showcase manufacturer partner, KDM Retail. KDM Retail, the retail environments division of KDM P.O.P. Solutions Group, partnered with Stuller for the launch of the new Interiors by Stuller division which was developed to provide turnkey services to their customers.

Jewelers Mutual expands personal jewelry coverage

Jewelers Mutual is proud to announce expanded coverage for their personal jewelry insurance policy beginning January 1, 2015, both for new and existing policyholders. In addition to Jewelers Mutual’s worldwide protection against loss, theft, damage and mysterious disappearance, the broadened coverage includes additional preventive repair work to complement what retail warranties and services plans may provide.

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