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22 December 2018, 10:31 AM
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#1 |
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"TRF" Member
Join Date: May 2009
Location: Ohio
Posts: 487
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Watch Appraisal
Any suggestions on where I can get a cheap watch appraisal for Jewelers Mutual?
It's for a brand new watch, so I just need it to state the MSRP of the watch along with the specifics. Thanks! |
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22 December 2018, 10:37 AM
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#2 |
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Banned
Join Date: Dec 2018
Location: DFW, TX
Posts: 2,149
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Your location in Texas would help.
Did you pay MSRP? If so, a store receipt counts. |
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22 December 2018, 10:50 AM
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#3 |
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2024 Pledge Member
Join Date: Aug 2016
Real Name: Rick
Location: Greenville, SC
Posts: 1,240
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this whole appraisal thing is as close to theft as it comes. The insurer covers the replacement cost. So they don't need a nonsense "appraisal" of the existing piece, they just need a price sheet for the replacement piece.
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22 December 2018, 11:51 AM
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#4 | |
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"TRF" Member
Join Date: Aug 2009
Location: USA
Posts: 19,695
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Quote:
Yes! And when the “appraiser” simply looks up prices on the internet and puts them on his letterhead and sends to your Agent... |
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22 December 2018, 12:00 PM
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#5 |
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Banned
Join Date: Jun 2018
Location: Far Far Away
Watch: tick-tock
Posts: 1,206
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I've been asked for the appraisal by JM for all my watches when initially insured them.
Try original seller or your local Jeweler. |
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22 December 2018, 12:26 PM
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#6 |
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"TRF" Member
Join Date: Jun 2009
Real Name: Brian
Location: Northern Virginia
Watch: One of Not Many
Posts: 17,892
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I have used two sales receipts for Jewelers Mutual
__________________
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22 December 2018, 01:06 PM
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#7 |
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2024 ROLEX DATEJUST41 Pledge Member
Join Date: Aug 2012
Real Name: Mike
Location: New York
Watch: Rolex
Posts: 21,569
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When not bought at an AD I got it from the seller.
__________________
 Oh, look at the time...  Official Member: 'WIS-CON' Las Vegas International GTG 2019 |
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22 December 2018, 02:05 PM
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#8 | |
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"TRF" Member
Join Date: Dec 2014
Real Name: Steve
Location: Atlanta
Watch: Jackie Stewart DD
Posts: 5,649
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Quote:
I think my attorney charges less per hour..... 
__________________
Rolex - Tudor - Omega - Breitling - Oris - Grand Seiko - Timex - Casio - Ocean Crawler - Ganymede - American Waltham - Seiko - Gruen - Arethusa - Citizen - Sinn - Nodus - Formex |
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22 December 2018, 02:25 PM
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#9 |
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"TRF" Member
Join Date: May 2008
Location: USA
Posts: 2,059
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For new or modern watches, the insurer isn't as worried about the value of the timepiece (they will go by replacement value from the new sales receipt for example) as they are with proving that you are indeed the owner in possession of the watch. An official appraisal helps confirm that to them.
I insure my watches with riders on my home insurance policy. Even though I might send in an appraisal or a sales receipt to add a watch to my policy, they still (after 15 years of doing this hobby) ask my to swing by their local office to show them the watch.
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t65tampa |
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