PROBATE VALUATION SERVICE FOR SOLICITORS
Are you providing the correct jewellery valuation service on behalf of your client?
As a probate solicitor, you are involved in helping people through one of the most traumatic periods of their life. Winding up a person’s estate involves an array of responsibilities from Inheritance Tax and Capital Gains Tax through to selling a house, sorting out bank accounts and stocks and shares.
It also involves dealing with the deceased personal chattels, such as jewellery, furniture, paintings etc. Jewellery is one of the common items that holds its value and might be worth more than your client expects. Therefore, one of your duties as a solicitor is to ensure your client receives an accurate valuation for the jewellery items at the time of death.
SafeGuard Valuations is a trading division of The Birmingham Assay Office, an independent centre of excellence for verification, certification and assessment of jewellery, watches and silverware which was founded in 1773. Independence and integrity are at the heart of what we do.
SafeGuard provides a truly independent valuation service delivered by our team of passionate, highly experienced, qualified valuers. All are Fellow members of the Gemmological Association of Great Britain, and all have extensive knowledge and experience in providing valuations on items, both contemporary and antique. Our valuation department works closely with our gem lab when or if the valuer needs additional expert guidance in regards to gem treatments.
Our expert team will determine the value of jewellery, watches or silverware and have a vast, comprehensive knowledge and experience of valuing jewellery and watches for probate.
Unlike a valuation for insurance purposes, a probate valuation will indicate what the item might achieve if it was sold through auction or disposed of through the jewellery trade on the date of death of the deceased. The value is determined taking several factors into account including the quality and age of the item, precious metal fineness, gemstone and diamond quality, prevailing tastes, whether it is a collectable and the condition of the item.
During the current COVID-19 pandemic we understand it may be difficult to value jewellery items whilst social distancing rules are in place. Therefore, we can offer a collection service within the West Midlands area. If you want to find out more, please contact us for more details.
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