Statistically, over the past 10 years, diamond prices went up by 20% to 60%!
Can you afford to be underinsured?
A diamond ring that you purchased 10 years ago for $5,000 may be worth between $6,000 to $8,000 today. Prices of fine colored stones have risen to a similar degree. Antqiue and Period jewelry has virtually doubled in value during the same time period.
This is why it is imperative to have your jewelry re-appraised by a professional appraiser every 3 to 5 years.