Background & Our Process

Insuring your jewellery or watches

If you would like to know about an option for insuring your jewellery or watches, you may wish to look at TH March; and for an online quote from them click here. This is one provider we know of specialising in jewellery + watches with a good reputation within our industry although we suggest you check your household policy as there may be an option there. There may be other stand alone policies available, and please seek professional insurance advice if you need it.

Selling valuations

Wondering if we'd be interested in buying your jewellery or what it's worth? Click here.

Settings checks for insurers

If you need the settings checked on your jewellery as requested by an insurance company, we can provide a formal letter. Prices below. 

Formal Valuations

Quite often people may want to have their watches or jewellery valued for insurance, probate or other specific purposes such as private sale, formal division of assets and divorce settlement.  There are also Post Loss Assessments for those people who have lost their jewellery and don’t have a valuation (helping them quantify their jewellery’s value to support an insurance claim).

You can always talk to us about your circumstances and what you want your valuation for. We’re happy to advise and guide in our comfortable central Reading shop. Have a look at the list below for a handy checklist of things to bring in to help the conversation. 

For the more technical valuations (insurance, probate, etc.) we are one of the few jewellery shops in the Reading area who appraise on-site working with registered members (MIRVs) or fellows (FIRVs) of the Institute of Registered Valuers (IRV). 


Valuations for insurance/ probate process

Typically our on site valuations work on a 4 weekly cycle on or around the first few days of each month, Contact us to check our schedule or book in. We do offer valuations off site if you need it sooner than a 4 week cycle, or an express 5 working day service (subject to a £35 surcharge per item). Our valuations are usually carried out by qualified valuers with extensive experience, commonly via the Guild of Valuers

If you can, download and complete our Drop Off Checklist before you leave us your items.

Our next on site valuation day requires items to us by January 25th 2019.

1. Booking in, a few days before our scheduled appraisal day

You will need to bring in to the shop:

  • Your articles
  • Any receipts
  • Any previous valuations
  • Any boxes, ideally original ones
  • Any warrantees (even old ones), service or repair history paperwork, certificates or third party papers relating to the articles (watches or jewellery)
  • Your insurance policy’s single item limit, if needed for insurance
  • The deceased’s name and date of passing, if needed for probate
  • Please note that withholding any pertinent information will potentially void our work, require recalculations and require additional fees

We will make an initial observation of the articles based on this information and your requirements and take you through the IRV’s standard valuation checklist. We advise of any repair work required or suggested. 

2. Appraisal Day

Our valuer looks over the items, photographs them and documents all information. Your items will be ready to collect soon after, unless we need to perform more checks - we will keep you informed of this eventuality. 

3. Research and documenting

Your actual valuation is prepared, values researched and the document created. The final version is usually ready 1 to 2 weeks after appraisal days.

Our fees are detailed below. If applicable, we’ll advise if we need to take external advice or resource and the reasons why. 

On occasions, we may use a Non-IRV valuer, but this will always be made clear to you in advance.

A sample valuation is shown below which demonstrates the level of professional standard required by the Institute of Registered Valuers of its members.

Contact us for more information or to make an appointment.



Express 5 day service attracts a £35 surcharge per item. 

First time documenting Insurance, probate, family division + most common valuations to IRV standard valuation


£100 for first item


£95 for subsequent items


£200 per hour multiple with 2 to 6 per hour an estimate


Jacobs purchases are entitled to a complimentary Certificate of Proof of Purchase1 with replacement price at time of sale.

To upgrade to an IRV standard valuation, a 25% discount is applied to published IRV prices.


Revaluing a Jacobs previous IRV valuation

£75 per item or £150 per hour


1 Updating a Jacobs Certificate of Proof of Purchase

NB from 12 months after purchase and not a formal valuation



Setting appraisal

a letter confirming your item of jewellery’s setting is in good condition



Post Loss Assessment

From Jacobs

£50 for first item, additional items £40, deductible from subsequent purchases.


Not from Jacobs

£100 for first item, £95 for subsequent or £200 per hour multiple with 2 to 6 items per hour a guide. Subject to availability


All prices include VAT. Effective December 1st 2018.


Sample Valuation

Click here to see a sample valuation document.