Jewellery Valuations Explained: Insurance, Probate and Why They Differ

Every week someone stands at our counter holding a ring and asks the same question: “What’s it worth?” The honest answer is always another question — worth to whom, and for what purpose? A jewellery valuation is not a single magic number; it is a figure with a specific job to do, and the figure changes with the job. A single ring can legitimately carry three different values on three different documents in the same month. This guide explains what a jewellery valuation actually is, why insurance and probate valuations differ, why the numbers vary so much, and what happens when you bring your pieces in. It is shorter and less mysterious than you might fear.