Insure anything you feel you can’t afford to lose. Many vintage items are one-of-a-kind and irreplaceable. Ask yourself what the impact would be if the jewelry could not be replaced? Jewelry is usually insured based on the full appraised value. This is what it will cost in the current market to repair or replace your item. Before you insure jewelry for replacement be sure to ask how replacement is defined? What proof of value is required (pictures, receipts, certificates, and / or appraisals) when submitting a claim. Check out “Jewelry Insurance” on About.com for more information.
Gemstones: Miraculous and Mysterious
A gemstone is a mineral rock or petrified material that when cut or faceted and polished can be used in jewelry or is a collectible. Others are organic. Some are too fragile to be used in jewelry, but can be seen on display in museums.