The Hidden Costs of Buying Jewelry Without Proper Certification and Appraisal

As a consumer in the jewelry industry, you may have seen stores advertising their "certificates of authenticity." However, it's important to understand that these certificates are typically created in-house by the store itself, and therefore the grades on the stones may not be accurate or unbiased.

At Loi the Jewelry Guy, we believe in providing our customers with transparency and peace of mind. That's why we offer certificates from the Gemological Institute of America (GIA) on stones that are 0.50ct or higher. GIA is an independent and reputable organization that has been grading diamonds and other gemstones for decades, and their certifications are recognized worldwide.

In addition to GIA certificates, we also provide appraisals upon request for an additional cost. These appraisals detail the carat total weight, sizes, quality, and replacement value of your jewelry. They are important for insurance purposes, as they can help you obtain coverage in case your jewelry is lost or stolen. Without an appraisal, your jewelry may have no value if it is lost or stolen. Insurance companies may give you an option to replace the piece at an equivalent value, or offer a check for the value of the jewelry.

It's crucial to have your high-value jewelry appraised and insured to protect your investment. Don't be swayed by in-house certificates of authenticity that may not be reliable. Instead, insist on GIA certification and obtain an appraisal to ensure your jewelry is protected in case of loss or theft.