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Valuations

Valuations 

As a qualified gemmologist, diamond grader and registered valuer, Patricia Sedgwick will provide expert and confidential appraisals of individual items, collections, and estates.

Drawing upon more than 30 years of experience as a Valuer & Auctioneer, SEDGWICKS offers appraisals of Jewellery, Decorative Arts and Art.

 Types of Valuations

Different valuations are required for different purposes, and the main types of valuations are as follows:

Retail or Insurance Replacement

A detailed assessment that estimates the likely replacement price if bought in a shop. This type of valuation is often used by insurance companies.

Auction Reserve

The minimum hammer price achievable in an ideal auction market, where time is not a factor. This figure does not include premiums or commissions that can vary at each auction.

Non-forced Sale

An estimate of a reasonable second-hand price between a willing buyer and seller in a fair or specialised market without time constraints.

Forced Sale

The price that can be expected when an article must be sold within a short time frame in potentially non-ideal market conditions.

Second Hand

A value for used items that takes into account the condition, desirability and collectability of the item.

Private Sale

A fair and reasonable second-hand price when someone wants to sell an item to a member of the public. In such cases, the valuer acts as an unbiased expert and GST, sales tax or duty is not included in the valuation.

Divorce Property Settlement

The Family Court may require a valuation of jewellery in a divorce settlement. Written directions are provided by the solicitors with the valuation usually based on “fair market value”, although this may vary.

Deceased Estate

Written directions are provided by the lawyer or executor of the will, with the valuation reflecting the current market value or requirements of the will.

Charges

 Our charges will depend upon the number and nature of the item(s) to be valued, please contact us to discuss our fees.

Contact

Call 0411 412 364 or email us to arrange a valuation or to get a quote.

 

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