How long does an engagement ring appraisal take?

Short answer

An engagement ring appraisal usually takes between 15 and 30 minutes, depending on the jeweller and the ring's detail. The jeweller examines the stone, metal, and setting, then writes a document for insurance. It is a straightforward process you can often wait for.

An appraisal is a professional assessment of your ring's value and characteristics. It is not the same as a valuation for probate or sale, so tell the jeweller you need it for insurance. Most appraisals take 15 to 30 minutes, but complex rings with multiple stones or unusual settings can take longer. The jeweller will inspect the diamond or gemstone, the metal, the hallmark, and the condition of the setting. They will then produce a written document with a description and a replacement value. Keep this document safe, because your insurer will ask for it.

You do not need an appraisal if you have a receipt and the ring is simple, but many insurers prefer one for high-value rings. If you bought the ring from a jeweller, they may offer a free appraisal within the first year. For rings bought elsewhere, you can take it to any registered jeweller. They will charge a fee, which varies, so ask before booking. You can also ask for a verbal estimate first, but only a written appraisal counts for insurance. If you are unsure about the process, call your insurer and ask what they require. They will tell you exactly what the appraisal must include.