For What It’s Worth:

Jewelry Appraisals at Wimmer’s

Wondering if jewelry appraisals really matter? They do—a lot! Most insurance companies require a current appraisal before covering your valuable pieces. Plus, jewelry values can change over time, so having an up-to-date appraisal keeps you protected if something is lost, damaged, or stolen. Got a family heirloom or thinking about selling something? Appraisals are essential there, too.

Jewelry appraiser looking through a GIA microscope.

At Wimmer’s, we make appraisals easy. Our team includes:

  • A Graduate Gemologist and Graduate Pearls from GIA
  • Two AGS Registered Jewelers

All here to give you a professional, reliable appraisal of your fine jewelry.

For a nominal fee, we’ll appraise your jewelry whether it’s for insurance, estate planning, or a variety of other purposes, so you know exactly what it’s worth.

Let us help you protect your valuables with confidence.

Schedule an appointment

Frequently Asked Questions

Here’s everything you need to know about having your jewelry appraised at Wimmer’s.

What appraisal services does Wimmer’s offer?

We provide appraisals for insurance replacement coverage, estate valuations, and many other purposes, along with gemstone identification services. Since different types of appraisals serve different needs, our team will help you determine the right option for your situation. 

What types of jewelry do you appraise?

We appraise gold and platinum jewelry, diamond and gemstone jewelry, loose diamonds and gemstones, pearls, antique and vintage pieces, solid gold watches, and select luxury watches from Rolex, Tudor and Omega. We do not currently appraise silverware or silver serving sets.

Can you appraise jewelry that wasn’t purchased at Wimmer’s?

Absolutely! We’re happy to appraise your jewelry no matter where it was originally purchased.

Do I need an appointment?

Walk-ins are always welcome! However, if you have a large collection of jewelry to sort through, we encourage you to schedule an appointment.

What should I bring with me?

Be sure to bring the jewelry you want appraised, along with any accompanying documents for each item, such as previous appraisals, certificates of authenticity, purchase receipts, or gemstone grading reports from organizations like GIA or AGS. These documents help us verify gemstone characteristics, understand the item's history, track changes in value over time, and provide you with the most accurate appraisal value possible.

Don't have any paperwork? Don't worry! We can still appraise your jewelry without it.

Will my jewelry stay at Wimmer’s during the appraisal process?

Yes. Your jewelry will remain on-site throughout the entire process. All appraisals are completed in-house by our experienced Certified Gemologist.

In very rare instances, a piece may require shipment to another expert for further verification. This will always be disclosed and approved by you first.

How long does a jewelry appraisal take?

Appraisals are typically completed within 5-7 business days, depending on our appraiser’s current workload and the number of pieces being evaluated.

Accuracy is essential, so the appraisal process can’t be rushed. This gives our appraiser time to thoroughly clean and examine your jewelry, research market values, and prepare detailed documentation. 

Will you clean or inspect my jewelry during the appraisal process?

Yes! Every piece gets a deep cleaning and thorough inspection before the appraisal begins. This gives our appraiser a clear look at your jewelry and ensures the gemstones and metals can be accurately tested and graded.

What will I receive with my completed appraisal?

You’ll receive a printed appraisal containing a complete description of the item, gemstone details, measurements, a color photograph, and the appropriate value for the appraisal’s intended purpose. Our appraisals are prepared in accordance with the Uniform Standards of Professional Appraisal Practice (USPAP).

How much does a jewelry appraisal cost?

New appraisals are $150 per item. Qualifying appraisal updates are $50 per item when the necessary information is available. Quantity discounts are available for especially large collections or estates.

How often should I have my jewelry appraised?

We recommend updating your appraisal every 2-3 years, unless your insurance provider requires it more often. Precious metal and diamond & gemstone markets change over time, so an outdated insurance appraisal may not reflect what it would cost to replace your jewelry today. 

Why is the appraised value different than what I paid for the item? 

There isn't just one value for a piece of jewelry. Its appraised value depends largely on its intended purpose, such as insurance replacement, an estate, resale, or another need. Retail prices can also differ depending on where and when you purchased your jewelry, so the appraised value may not match your original purchase price. 

Can I expect the value of my item to always increase over time? 

Not necessarily. Gold, gemstone, natural diamond, and lab-grown diamond markets all change over time, as do jewelry trends. We take all of this and more into consideration to determine the most accurate value at the time of the appraisal. Due to these fluctuations, the value of a piece may increase or decrease over time.

Is an appraisal the same as an offer to purchase my jewelry?

No. Appraisals are independent valuations prepared for a specific purpose, such as insurance or estate planning. It is unethical to provide an appraisal value with the intent to purchase. 

Will Wimmer's buy my jewelry?

The honest answer is: It depends. Yes, we do buy gold, but this is separate from our appraisal services.

We will almost always purchase the gold from your items, but not necessarily the piece in its entirety. Many items brought to us are not suitable for resale, so our offer will be based on the precious metal content. Every item is unique, so our team will gladly review your piece(s) and talk you through the options available. 

How do I know if my jewelry has any value?

Not sure what you have? We're happy to help you determine the next best step for each piece. For larger collections, typically 10 items or more, a sorting fee of $35 per hour would apply.

I don’t want an appraisal. Can you simply identify my gemstone?

Yes! We offer gemstone identification for $35 per item. This service identifies the gemstone but does not include a value or formal appraisal document.

Why should I trust Wimmer’s for my appraisal?

At Wimmer’s, all appraisals are completed in-house by a qualified, experienced Certified Gemologist. Your jewelry is evaluated using professional gemological equipment in our on-site, AGS Accredited Gem Lab. Each piece is thoroughly cleaned, inspected, tested, and researched before you receive a detailed document prepared in accordance with USPAP standards. 

With more than a century of experience serving the Fargo-Moorhead community, you can feel confident leaving your jewelry in our care.