Antique Jewelry: Hidden treasures?
The New Year brings the urge for people to clear closets, empty jewelry boxes and clean out the clutter.
While you’re at it, you may stumble upon some unexpected surprises, like Grandma Betty’s pearl necklace, or Great Aunt Eddie’s ruby earrings.
Our account representatives occasionally receive calls from customers about their unique finds, wondering if what they’ve uncovered is antique jewelry.
Today, we’ll help answer:
- What is “antique” jewelry?
- When is an antique item worth insuring?
- Can I add an antique item to my insurance policy?
First, some definitions:
- Antique jewelry is a piece that is 100 years old or older.
- Vintage jewelry is anything less than 100 years old, but has an old-world style.
- Estate jewelry is a piece that has been previously owned and is usually obtained from private entities, such as the recent Elizabeth Taylor auction.
How do you know if your antique jewelry is worth insuring? Bring it to your jeweler who’ll be your best reference guide as to the age, history and value of your jewelry.
In order to insure an antique item with Jewelers Mutual, the item must be in good condition.
Like with all jewelry you wish to insure, you must supply a recent appraisal, evaluation or detailed description with a current value of the item to add it to your policy.
Keep in mind that if your jewelry becomes lost, stolen, damaged or mysteriously disappears, you may not be able to find the original jeweler or get an equal replacement, but you can work with the jeweler of your choice to receive an item of similar style, made with the same quality of materials within your limit of insurance.
There’s nothing more meaningful than bringing a bit of history into the present and feeling connected to your loved ones.
When fans on our Facebook page were recently asked what heirlooms they incorporate into their weddings, it was clear that the items meant far more than visual appeal:
- “A handmade faux pearl bracelet my grandmother made 50 years ago and gave to my mother, who gave to me as my ‘something old’."
- “My late grandmother’s rhinestone hair clips from the 50′s. Also used as my something old."
- "I married with my mother’s wedding ring. And the 1942 cake topper that sat atop my parents’ wedding cake more than 50 years before ... Both pieces made me feel my parents were there, when they both had passed years before."
As for the treasures you may discover in your jewelry box, keep them safe and keep the rich history alive for future generations.
What family heirlooms do you hold dear?