Appraised Values

At Shay’s Diamonds, we offer diamonds rings that are both certified and uncertified. You’ll find that many of the rings we offer will already come with certification. There are basically two types of certification a ring can come with:

1) Certificate of Authenticity
2) Appraisal Certificate

A “Certificate of Authenticity” will validate that the diamonds on the ring are real diamonds and it will also give you all the grading details about each diamond on the ring (such as size, clarity, color, cut, etc.). An “Appraisal Certificate” will offer the same information as a “Certificate of Authenticity”, but it will also provide an estimated full retail value for the ring.

For the benefit and comfort of our customers, our policy at Shay’s Diamonds is to never perform our own ‘in-house’ certification and appraisals on items we sell. All certifications provided by Shay’s Diamonds have been performed by qualified and reputable 3rd party companies that are knowledgeable and experienced in appraising fine diamond jewelry.

Any diamond ring we offer that comes with an “Appraisal Certificate” will have an “Estimated Retail Value” or “Replacement Value” printed on the certificate. The appraised value has been determined by an actual certified appraisal performed by a qualified 3rd party company other than Shay’s Diamonds. Shay’s Diamonds will never perform our own certification or appraisals. We believe this is a conflict of interest and our customers would not feel comfortable if we performed our own appraisals.

Please note that the art of grading diamonds and providing jewelry appraisals can vary as it is a subjective process based upon each individual examiner’s training and professional evaluation. Therefore, appraisals and grading performed on the same item by two different companies or appraisers will generally differ in their values to various degrees. Although Shay’s Diamonds cannot guarantee the accuracy of any data or information provided by third-party companies, we always attempt to use reputable and established grading labs, gemologists and professional jewelers who have a proven track record of consistency, reliability and accuracy in their grading performance and appraisals.

Insuring Your Ring:

If you own your home and plan on insuring your diamond ring, most insurance companies will include jewelry coverage up to a specific amount under your existing homeowner’s insurance policy. If you don’t own a home or need to get a separate ‘floater’ policy, then most insurance companies will require an appraisal on the specific item. Each insurance company has different policies and requirements regarding the type of jewelry appraisals and information they need. We cannot guarantee that every insurance company will accept the “Appraisal Certificate” we supply as each insurance company operates under its own unique set of rules. If you are considering insuring your diamond ring or jewelry, you should consult your insurance company directly about their policy requirements and whether your existing homeowner’s insurance policy will cover the item.

Listed below are a few certificate examples:

Certificate of Authenticity