Logo,  Gem Appraisal Laboratory, Ltd.

(567) 343-5404
69 Mallard Run, Maumee, OH 43537


What You Need to Know About Maumee, OH, Jewelry Appraisal  

Most states, including Ohio, do not require personal property appraisers to be licensed or have any qualifications. This is a problem for owners, as even working in the jewelry business for a number of years does not necessarily mean someone is qualified to do jewelry appraisal in Maumee, OH. Most people working in these stores have no gemological training. Furthermore, being a graduate gemologist does not necessarily indicate formal training in appraisal.

Once a person has graduated with a gemologist diploma, no further training is required to keep it despite an ever-changing market. New gemstones, grading standards, and forms of identification can present challenges for someone whose degree is out of date. In addition, some appraisers may not assess accurately due to interest in either buying the item or selling you a different one. You should also know that there are many kinds of appraisal services, including:

  • Fair Market, Which Determines an Item’s Worth and May Vary with Time and Place
  • Federal IRS Fair Market, Which Must Be Done to IRS Standards
  • Replacement, Usually Used for Insurance

Why You Want the Right Type of Jewelry Appraisal

Many jewelers issue a “feel good” appraisal on what they sell to make customers do just that by quoting a higher rate. This hurts the customer since they then pay insurance premiums on an inflated price.

Most insurance policies are “replacement” and not “stated value,” meaning they replace the piece in the event of a loss. If you elect to cash out, the insurer gives you what it would cost them to replace the item. However, since insurance companies are volume customers, they usually get a reduced price, which means you receive less than the appraised amount. Worse, replacement can be difficult unless a thorough description is included. Why pay a premium on the higher value of a “feel good” appraisal? Contact Gem Appraisal Laboratory, Ltd., and we’ll show you a better way.

Q) Why use Gem Appraisal Laboratory, Ltd.?
A) Jim O'Bryant's appraisals are totally unbiased since he is not buying or selling the merchandise he is appraising. Plus, since he only appraises, you can avoid the problem of leaving your jewelry at the jeweler for weeks before the work is done. Make an appointment and wait while he works on your precious jewelry. You never have to leave your jewelry!

Q) What should you look for in a gem lab?
A) When shopping for an appraiser, you may want to inquire about equipment and qualifications. Having the proper laboratory equipment is imperative. Require that your appraiser have a fully equipped gemological laboratory meeting rigid industry standards set by AGS or NAJA.

Q) Why is it so hard to find qualified professional appraisers?
A) It is a very lengthy road to qualify. Jim O'Bryant takes his appraisal tasks very seriously and is devoted to helping the consumer understand the process and to be straightforward and honest. He has proven he has very high ethical standards time and again.


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