A number of life circumstances can precipitate the need for a jewelry appraisal. The most common occurrence is the purchase or receipt of fine jewelry that needs to be insured. AIGR appraisals are performed so that in the case of a loss, a replacement by the insurance company will have the same quality and value as the original item. Store receipts frequently have insufficient information, and family heirlooms sometimes have no documentation. The burden is on the owner of the jewelry to prove the extent of a loss to an insurance company.
Changes in family situations (death, divorce) can also necessitate an appraisal for taxes, distribution, etc.
An appraisal is also an excellent sales tool if you are finding a new home for your jewelry.