An expert valuation.

That’s what you’ll get every time when you bring your broken gold, scrap gold and unwanted gold jewellery into the Panmure store of EzyCash Gold Buyers.

They’ll value your gold jewellery and offer you a top cash price for your gold jewellery.  Valuations of gold jewellery from EzyCash are based on the true second-hand value of the gold jewellery and the market value of the gold jewellery.

In this blog we’ll be looking at gold jewellery valuations and how your insurance valuation could be misleading. 

 Two types of gold jewellery valuations

If you’ve had your gold jewellery valued for insurance purposes, the type of policy you have will determine the valuation that you receive for your gold jewellery.

Your gold jewellery will be valued at ‘Replacement Value’ or ‘Indemnity Value’.  Replacement Value is the cost to buy a new item of gold jewellery of similar quality in the retail market.  But this valuation does not take into account the changes in the marketplace and changes in the value of gold.

Indemnity Value is the cost to buy gold jewellery of the same age and condition in a “fair market” situation.  The problem with this valuation is that if few sales of your type of gold jewellery have occurred, the valuation of the gold jewellery could be calculated as Replacement Value, less depreciation.  And again, this does not recognise changes in the gold jewellery market.

Know the true value of your gold based on the current market when you come into EzyCash Gold Buyers with your broken gold, scrap gold and unwanted gold jewellery.

The team at EzyCash are experts when it comes to gold market trends and the value of gold and will offer you a top cash price based on these factors.

Bring your gold into EzyCash for your expert valuation today.

The post Get the right valuation for when you sell your gold appeared first on EzyCash Gold Buyers.

So What is the True Value of my Jewellery?

When looking at most insurance valuations you will notice two listed insurance values.

• Replacement New Value
• Indemnity Value

One is the Replacement New Value which is the amount necessary for you to purchase a brand new item of equivalent quality.

The other is the Indemnity Value – more recently referred to by insurance companies as “market value”, “present day value” and “current value” – this is the amount necessary to purchase an item of similar quality age and condition – (the second-hand retail value)

A Valuation for Insurance Replacement won’t give you the true market value. In fact Insurance Valuations can be very misleading. Instead, to get a true unbiased opinion you need A Retail Market Valuation.

Quality and Value Guarantee.

All pieces of Jewellery or fine swiss watches sold by Ezycash Gold buyers is supplied with an up to date

GemLab Retail Market Valuation.

These Retail or secondhand market valuations reflect  more decisively the true second hand value of the item taking into consideration the age, the condition and current market trends.

All Diamond and Jewellery pieces have been professionally polished and cleaned before valuations.

All pre-loved watches have been serviced and authenticated by a master watch maker.

All valuations are carried out by GemLab;Auckland’s leading valuers giving an unbiased true market value, GemLab have no interest in either buying or selling jewellery and give a completely genuine unbiased valuation process.

As well as having current market valuation Ezycash Gold Buyers also offer up to 25% percent off all swiss luxury watches and up to 40% percent off all Diamond and Jewellery pieces.

All items can be viewed in store without appointment and we are always very happy to see you.

If you have any questions please call either Nick or Joe on 09 570 1511

The post Understanding Jewellery Valuations appeared first on EzyCash Gold Buyers.