What is an appraisal?(diamond)

An appraisal is an evaluation conducted by an independent firm to determine that the diamonds and precious metals are genuine and that the diamond matches the criteria listed in the Diamond Grading Report. The appraisal report consists of a description of the article and shows its estimated retail replacement value.
Although you will receive a Diamond Grading Report with every loose diamond purchased from Diamonds.com, we also recommend that you request an appraisal after you make your purchase.
Refer to the FAQs below to learn more about Appraisals.
Why do I need an appraisal?An appraisal is required to obtain insurance to cover the replacement cost of the item in the event of loss, theft or damage. The insurance companies use the appraisal to calculate your cost of insuring the items.
An appraisal will also put your mind at ease that the diamond you received is in fact the one that you bought. You never have to worry when making a purchase from Diamonds.com. We maintain the highest ethical standards and guarantee that that the diamond you purchased is the one you selected.

Do I still need an appraisal if I have a Diamond Grading Report?Yes. A Diamond Grading Report can be requested before making a purchase. It will certify the 4Cs-cut, color, clarity and carat-weight-and other characteristics of the diamond. However, it does not list an estimated retail replacement value. The appraisal is ordered after you make a purchase or at the time of purchase from Diamonds.com. It confirms the 4Cs, but also includes the estimated retail replacement value.

Does an appraisal expire?An appraisal is usually good for three to five years. Your insurance company will advise you if you require an updated appraisal.

How much does an appraisal cost?Costs vary according to total carat weight of the diamonds. Approximate fees are:
Under 1.50 carats $ 60.00 1.51 - 2.50 carats $ 75.00 2.51 - 3.50 carats $ 90.00 3.51 - 4.50 carats $100.00 Over 4.51 carats For a quote, please call 1-877-956-9600
Please contact us if you need an updated appraisal which we can expedite at a reduced fee.

Can I order an appraisal from Diamonds?Yes. You can request an appraisal when you make your purchase. Diamonds.com will submit your request to an independent laboratory that will appraise your jewelry based on established industry standards. You will receive one copy of the appraisal.
Diamonds.com, its appointees and agents are not responsible for possible dissimilarities and/or differences that could appear from repeated examinations or as a result of other methods applied. Diamonds.com presents these appraisals/evaluations to the client solely for his own use and shall not be held responsible for any claim whatsoever, which may be made on the basis of this evaluation.