Jewellery Valuation—How Much Does It Cost?

If you’re thinking of getting your jewellery valued, one of the first questions is usually: how much will it cost?

And while you’ll find a range of pricing models out there, not all are created equal — or necessarily good value.

At Wellington Jewellery Valuations, we charge based on the time it takes to assess each piece, because we believe that’s the fairest and most transparent approach. But not all valuers work this way, so it’s worth understanding what you’re really paying for — and how to spot the difference.

What are you actually paying for?

Valuing jewellery isn’t just about taking a quick look and giving an estimate.

A proper valuation involves:

• Testing gemstones and metal
• Carefully checking condition and craftsmanship
• Researching comparable items on the market
• Documenting the details in a formal, insurance-grade report.

Also, and most importantly:

• Keeping your jewellery safe, secure, and fully insured throughout the whole process.

Some pieces are simple. Others are complex and take more time. A professional valuer’s pricing should reflect that.

Our pricing (and why it’s time-based)

At Wellington Jewellery Valuations our time-based model means you’re paying for the actual effort and expertise your jewellery needs — not a flat rate that may overcharge you, or a percentage that could bias the outcome.

What to watch out for: Other jewellery valuation pricing models

Flat fee valuations:

Some valuers offer a set fee per item, regardless of complexity. This might sound appealing, but it can mean:

• You’re paying too much for simple pieces like a plain band
• Or not getting the attention and detail required for more complex or antique items

Percentage-based fees (based on the jewellery’s value):

This can be problematic, as it may create a conflict of interest — especially if the valuer is also a buyer or seller. Independent valuations should never be influenced by how much something is worth.

“Free” valuations with purchase or repair services:

These are often less detailed and may not meet the standards required for insurance or legal purposes. Be cautious if a valuation is bundled with another service — it may not be independent or thorough.

Why the knowing the correct value of your jewellery matters

Whether for insurance, estate planning, or resale, a valuation isn’t just a number — it’s a legal document that protects your assets.

We’ve seen clients come in with previous valuations that were outdated, vague, or missing critical information. In some cases, pieces were undervalued because they were assessed too quickly or without proper gem testing — meaning the client was unknowingly underinsured.

Time matters. So does expertise. A slightly higher cost upfront can save a lot more in the long run.

Not all valuation services are created equal. Before you commit:

• Ask how the valuer charges — and why
• Look for independence (no vested interest in buying or selling)
• Check their credentials and experience
• Make sure you’ll receive a formal, written report — not just a figure on a post-it note

At Wellington Jewellery Valuations, our time-based pricing ensures you get the right amount of attention, testing, and documentation your jewellery deserves — no more, no less.

Whether you’re valuing a single ring or an entire collection, we’re here to provide professional, independent assessments with clarity and care.