Tag Archives: Insurance Appraisal

Value This Lab Grown Diamonds

Brian and Leon - Value This

The hottest topic in the jewelry industry is the controversy over Man-Made vs Earth Mined Diamonds. Thanks go out to Value This with Brian and Leon for talking with the Jewelry Judge Ben Gordon on the subject of Lab-Grown synthetic diamonds. 

Visit Value This Radio – Brian and Leon, will blow your mind with their witty and thorough knowledge of everything that you can put a price tag on. Find Value This with Brian and Leon on Facebook.

Watch this VIDEO and Listen to the discussion… Information You Can Trust! 

Want to learn more about purchasing Lab Grown Diamonds?

Here are a few things to READ for more information…

Professional Opinion:

“Lab-grown diamonds provide affordable jewelry and it may be just perfect for your budget right now. But with no resale market for pre-owned lab-grown diamonds once you buy it, wear it and enjoy it.”

When comparing precious gemstones for purchase it’s always recommended to get an unbiased and independent opinion.  Many jewelers will hold a credit card in exchange for a 24 hour examination period of gemstones or jewelry.  The Jewelry Judge specializes in consulting before an important purchase is made.  Come see the Jewelry Judge before you commit to a purchase.

Book Appointment  On-Line  or  Call 713-961-1432

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No Such Thing as a ‘Certified Diamond’

BenThat may sound harsh, especially with jewelry stores everywhere offering certified diamonds.  So, what’s up with that?

“We are not the compliance police,” asserts Mr. Gordon, “ but the term ‘Certified, or Certificated’ is old school marketing.” The term, ‘Certificate’ carried too many different meanings and the jewelry industry itself issued guidelines to help standardize the terminology for describing diamonds and gemstones.  “Technically, any retailer can create a Certificate, but only gem labs create Grading Reports,” The Jewelry Judge explains.

GIA CertA big part of the Jewelry Judge mission is education, so clarity (no pun here) is important to Mr. Gordon.  Diamonds with Grading Reports have undergone scientific analysis by qualified professionals who analyse, report and grade the qualities of each gemstone.  There will be a description for each of the four C’s, i.e., Cut, Color, Clarity and Carat weight.  There will also be additional language to describe fluorescence, color enhancement, fracture filling or heat treatments.

Store receipts and typical Certificates have little to no meaning because they do not go far enough to completely describe a diamond.  “Don’t mix up the terms,” the Judge warns.

Diamonds with a laboratory Grading Report may be priced slightly higher than non-graded diamonds because of the extra step of having the gemological laboratory test them.  A jeweler may pass this cost along to the buyer.

How do I Get a Laboratory Grading Report?

“Each appraisal we create comes with a grading report,” Mr. Gordon explains. A laboratory grading report is for analysis and identification only.  “Our testing is similar to the testing that is done at the gem labs, but our purpose is to arrive at a valuation.  We take the report one step further by adding current market value.” A diamond Grading Report’s details should never change, (unless the stone is damaged or altered), but appraisal values will certainly change with market conditions.

“If your diamond did not come with a Grading Report, don’t worry,” assures Ben.  For a service fee, important stones can be sent to a reputable lab to obtain a Grading Report.  The GIA, Gemological Institute of America and AGS (American Gem Society) are two reputable gem labs based in the US.  There are other laboratories around the world, but they have not earned the level of trust of  the US based gem labs.

Diamond Plot
Diamond Plotting Diagram
(courtesy of GIA)

Double-Check for Peace of Mind

Jewelry Judge Ben Gordon Double CheckMany of the consultations we do are to confirm laboratory Grading Reports,” Mr. Gordon explains.  “And sometimes we find that the grading report that comes with a diamond, does not match.”  It’s always best to ‘trust but verify’ especially with new purchases.  In some cases, an honest mistake has been made, in others, there may be a suspicion of fraud. 

The Jewelry Judge can identify discrepancies and offer suggestions for resolution.  “We have saved or recovered thousands of dollars for our clients, by helping them to document a claim,” Mr. Gordon added.

Click here to schedule a visit with The Jewelry Judge. Verify a laboratory grading report, retrieve a lost one, or learn current values of your precious jewelry or loose diamonds.   The peace of mind you’ll gain, as well as “Information You Can Trust” is worth an hour of your time.  Consult the most experienced Houston Jewelry Appraiser!

Houston Jewelry Appraiser - If you love

All you may need is LOVE! – But Jewelry Never Hurts!

Jewelry Judge Ben Gordon Love is in the airVerifyFor the third consecutive year, U.S. consumers are expected to spend more on jewelry than any other Valentine’s Day gift category.

amethyst cutFebruary’s  Birthstone
Amethyst is also used to celebrate the 6th and 17th wedding anniversary.  Learn More Here

johnson 50 necklace2What does this appraiser think about love and jewelry?  

 

“Well, grins Ben Gordon, aka The Jewelry Judge,   “Some might say that the science of appraising takes away from the romance, but for me, every piece of jewelry is a love affair.” says The Jewelry Judge, “Jewelry is not merely adornment. It is family history, emotional attachments and important memories. ”

LoveYoursIf you love jewelry, you’ll love to have us appraise your jewelry!

October can be a Scary Month – So can Buying Jewelry!

Spiderpin

We VERIFY when you buy, sell or inherit jewelry!

Trust but always VERIFY every jewelry purchase!

How do I know if I’ve paid too much?
Cost is on everyone’s mind these days. And when purchasing an expensive piece of jewelry, it’s a challenge to comparison shop – especially if purchasing from the Internet – because you cannot see and touch the item before it is delivered. And under the bright lights of a jewelry showroom, EVERY gemstone becomes a seduction! To make it more difficult, sales persons often speak in terms of a jewelry investment!

Jewelry Judge Ben Gordon Double Check DogPaid too much for a diamond?
Let’s face it, most of us do not buy jewelry as an investment. We buy it as adornment, symbols of love and affection, to celebrate an event, and to establish status. Whatever the reason, it’s not likely to be for investment purposes. (Investments can/do loose value too!)
To verify that a price is fair in today’s market, it’s important to obtain an independent valuation. The retailer who sells jewelry has a stake in the sale. If the retailer’s buying from an estate, there is a stake in this too.

An independent appraiser works only for you. His stake is his reputation. It’s important to assure fair pricing when buying OR selling jewelry, to obtain an objective opinion. For peace of mind, a independent opinion will assure that you do not over- pay for a diamond or for the insurance to protect it.

Snoopy Saturday2Book an Appointment Today!

Paying too much for insurance?
Over the years, paying too much for insurance can really add up. Assume you’ve been insuring two diamond rings for $10,000 each for a total of $20,000.

Replacement value of the rings by an independent jewelry appraiser may value them at $14,500. The insurance company doesn’t care that you have over insured by $5,500. In fact your insurance company probably raises your premium automatically each year by 5 – 10 percent assuming the replacement value will increase too. But actually, precious metals have only kept pace with inflation over the last 10 years which has been around 2 percent. And diamonds while they have held their value, only the most rare, largest and highest quality stones have significantly appreciated.

Meanwhile, your insurance premium might be higher each year. If you held that policy for only ten years, you would have likely over paid by $1000. The cost of a nice pair of earrings!

While the Jewelry Judge does not sell insurance, he does consult on insurance needs along with accurate and independent appraisals. Verify the value of your jewelry periodically to assure you are paying a fair price for protection. Book an Appointment Today!

Consumer Protection and Continuing Education

American Gem Society

Consumer Protection Since 1934

 

FOR IMMEDIATE RELEASE

LOCAL HOUSTON PROFESSIONAL CONTINUES COMMITMENT TO CONSUMER PROTECTION WITH JEWELRY INDUSTRY RE-CERTIFICATION

BBBAward2018-LindaandBenOct. 6, 2018 – Houston, TX –  Jewelry Judge Ben Gordon of Texas Independent Jewelry Appraisers has successfully completed the annual American Gem Society (AGS) re-certification exam. This mandatory exam was developed to maintain professional credentials, which demonstrates their ongoing commitment to the Society’s mission of consumer protection through continued education and upholding the highest ethical standards.

Jewelry Judge Ben Gordon earned this designation following the completion of a course of study and examination. Every year Jewelry Judge Ben Gordon is required to pass an exam encompassing the latest industry developments, including topics on gemology, business, technology, legal regulations, and more.

“The foundation that the American Gem Society stands upon is comprised of our educational programs and credentials,” said John Carter, CGA, president of the American Gem Society Board of Directors. “It’s the way that we differentiate our members from the rest of the trade and completing the process is no small task.

Only one in twenty retail jewelers have chosen to meet the exacting standards required for membership. When purchasing fine jewelry, shop with confidence by visiting a credentialed American Gem Society jeweler. You can find an American Gem Society jeweler at ags.org/findajeweler. For more information regarding the American Gem Society, please call 866.805.6500 or visit the AGS website at www.americangemsociety.org.

The American Gem Society was founded in 1934 by Robert M. Shipley, as a nonprofit trade association dedicated to promoting a high standard of ethics, continuous education, and consumer protection within the jewelry industry.

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We’re Saving Trees!

No Animals Injured! And Now We’re Saving Trees Too!  

Jewelry Judge Ben Gordon - Steam Cleaning a Ring“Our appraisals are non-invasive.  We clean, measure, weigh, test and photograph – all without injuring any sentient being, client or gemstone!”

Few clients realize that the feature gemstone in a ring or pendant can be measured without removing it from its mounting.

“That’s where the skill comes in,” explains Master Graduate Gemologist and Appraiser, Ben Gordon.  “Accurate measurements require excellent equipment and detailed calculations.  Our clients are relieved to learn that like a doctor, our first mission is to “Do no harm.”

Yes, better living through technology!  Our appraisal reports are sent as digital files that include photographs.  We save paper and our clients receive the information they need to protect their fine jewelry.

Mr. Gordon is known as The Jewelry Judge. His gem lab is located in Uptown/Galleria.

Insurance companies recommend updating a jewelry appraisal every three to five years.  The Jewelry Judge keeps digital archives that help with this process.

“In fact, Mr. Gordon reports, most insurance premiums increase steadily year after year – sometimes faster than the appreciated value of the item insured.”

Tango - Rescue Dog
Tango, a rescue from CAP, Houston

This makes it important to keep the appraisals updated to avoid paying too much for protection.  And if indeed, the value of an item has increased, then adequate coverage is assured.  An appraisal appointment may take as little as thirty minutes.

Protecting animals and saving trees may not be a reason to obtain a jewelry appraisal, but it’s nice to know that this appraiser is environmentally conscious and kind, too.