01Identity and origin
Determine whether a stone is natural or laboratory-grown and whether treatments are disclosed. For colored stones, geographic origin may also be addressed when determinable.
- Match report number and inscriptions
- Confirm measurements and carat weight
- Read every comment and treatment disclosure
02Cut performance
Proportions and finish influence how a stone handles light. Shape-specific issues—windowing, extinction, bow ties or uneven contrast—must be judged visually.
- Observe in diffused and directional light
- Look for balanced brightness and contrast
- Check symmetry face-up and in profile
03Setting and craftsmanship
Metal quality, prong security, fabrication, signed marks and design authorship can create value beyond the loose components.
- Inspect prongs, gallery and shank
- Confirm hallmarks and maker signatures
- Identify repairs, replacements and resizing
04Value context
Reports describe characteristics; appraisals answer a specific valuation purpose. Insurance replacement, fair market and liquidation values are not interchangeable.
- Define the valuation purpose
- Use comparable objects of similar quality
- Separate asking prices from completed sales