Posted: 3 August 2023
Category: Company News
Probate of jewellery
We undertake hundreds of probates every year and so often the majority of the value is tied up in the jewellery.
HMRC like to see the jewellery from an estate listed with more valuable pieces being accurately described and valued. This is different from the rest of the chattels in a property where an overall figure will suffice with just the very high value items having to be itemised. This is usually for pieces with a value of £1000 and above.
Unlike other areas of the antique and collectors market, that have witnessed significant falls in values over the last 20 – 25 years, jewellery has continued to climb in value.
Not only is jewellery practical, wearable and easy to store it has proved an excellent investment, helped in no small part by the continued rise in the value of gold over the last 25 years.
At Nicholas Muston we specialise in probate valuations and especially in jewellery probate valuations. A RICS accredited valuer will go through everything thoroughly and prepare a certificate of valuation that is HMRC compliant. This will give you the peace of mind that the valuation won’t be queried at a later date.
So if you require a jewellery valuation for probate purposes email us on info@antiquevaluations.co.uk or phone us on 01273 838348.
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