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    Important Reasons To Update Your Jewellery Valuations

    Important Reasons To Update Your Jewellery Valuations

    Keeping your jewellery valuations up-to-date is always essential. With significant fluctuations in the dollar at the moment, and a host of other reasons, now is more important than ever to ensure you are fully protected should anything happen to your most treasured and valuable items. Read on to hear our top tips on ensuring you are making the right call on your jewellery valuations.

    Update your jewellery valuations every three years

    It is recommended that you update your jewellery valuations for insurance purposes every three years, and sometimes every two years for larger and more valuable pieces. Your insurance policy will hold information regarding the suggested timeframe to keep your policy current.

    Currency values can affect the value of your jewellery

    Changes in the dollar affect the value as gemstones and Diamonds are traded in US Dollars, with the gold and platinum markets also affected. Currently, with large fluctuations in these markets, it is crucial that you have the correct value for your items.

    Supply and demand of jewellery changes constantly

    The supply chains of jewellery and gemstones are not consistent. Mining operations can be fruitful or cease for a time for several reasons. The amount of ‘stock’ in the marketplace affects the value of the jewellery at that time, if a replacement item may be hard to come by, the value is likely to increase. If an item is made by a specific jewellery house, it will be valued as such. This means that if an item is no longer produced anymore, it may be that a replacement would have to be based on a pre-owned version on the second-hand market or the newest equivalent the design house currently produce – both of which can significantly affect the correct insurance value for the item. The supply and demand is also affected by fashions and trends. Some Diamond shapes may quickly become more popular if they are worn by a celebrity or royal, increasing demand and therefore the price, equally others may fall out of favour making them less expensive to replace.


    Lab-grown diamonds can depreciate rapidly

    As we have already seen over the past two years, lab-grown Diamonds are prone to significant and fast devaluing and are not affected by the same supply changes as mentioned above. As technology improves, the price of producing synthetic lab-grown Diamonds decreases and as the process becomes more efficient, the factory-made alternative to natural Diamonds becomes even more readily available and can flood the market. So, it is recommended to keep valuations of lab-grown Diamonds updated more frequently to ensure you are not overpaying premiums

    Re-valuations are important for assessing jewellery condition

    Whilst the jewellery is being revalued, a professional and accredited valuer will also be able to assess any wear and tear and the general condition of the jewellery. Excessive wear to a piece can in some cases void an insurance claim, so it is important to get this checked when you book your jewellery appraisal. 


    In addition to this, the valuer will also assess any changes that have been made to the piece since the last valuation and any impact it will have on the value, for example if the stone has been remounted or the ring size changed. Any change in condition or value will affect your policy, so it is another important reason to have your jewellery re-appraised.

    If it has been a while since your last jewellery valuation, or you are concerned about the recent market changes and economic conditions, our IRV accredited valuers and Hatton Jewels are here to help. Simply visit our jewellery valuations page and book an appointment online. If you are unable to visit our showroom for an appointment, we are able to offer completely remote insurance valuation through our postal service, which is a quick and easy way to update your jewellery valuations and ensure your items are fully covered by your insurance.

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    Visit Us

    Hatton Jewels,
    5 Hatton Place,
    EC1N 8RU
    Opening Hours
    Monday to Friday 9:30am to 5:30pm
    We are open by appointment only:
    Evening and early morning appointments available upon request.
    Terms and conditions of sale for Hatton Jewels

    These terms and conditions relate to the use of Hattonjewels.com website and any purchase from Hatton Jewels Ltd, Registration Number: 06241877, and whose Registered Office Address is 57-59 Queens Road, Buckhurst Hill, Essex, IG9 5BU


    All orders for Goods shall be deemed to be an offer by the Buyer to purchase Goods pursuant to these Terms and Conditions and are subject to acceptance by Hatton Jewels Ltd. Hatton Jewels may choose not to accept an order for any reason.

    When the item you wish to purchase is not available from stock you will be notified and given the option to either wait until the Goods are available from stock or cancel the order and receive a full refund within 30 days.

    Bespoke Items

    Items that are manufactured from our Build Your Own Rings range are not eligible for a full refund however a life time credit note will be issued for the full value of the item. If the item you received was a special order for a non-standard ring size* or if you ordered a Bespoke Item made to order, we regret that it can only be able to return it to us if it is faulty, as it will have been specially made and cannot be resold. *Standard Rings Sizes - Ladies I - O, Gents L - V

    Cancellation & Return

    We are confident you will be delighted with your Hatton Jewels purchase.

    However, you do have the option of returning items to us within 30 days of receipt for a full refund or exchange if you decide that the item is not right for you or the goods are faulty. We regret that we cannot offer refunds or exchanges on goods that have been worn, damaged or have had any alterations by a third party. Returned items can only be accepted if they are:

  • In the same condition they were received
  • With all original paperwork and documents
  • In the original packaging
  • Via the returns procedure detailed below
  • Failure to do so will result in the item being returned to you. Please complete the following procedure should you decide to make a return.
  • Call us on 0203 116 0069 or e-mail info@hattonjewels.com within 30 days from the receipt of your purchase. We will give you a unique authorisation code which you must write on the original invoice which you need to include in the package.

    Address your package to Hatton J Ltd, 5 Hatton Place, London, EC1N 8RU. For security reasons please do not write ‘Jewels’ anywhere on the outside of the package.

    Post the parcel using the Special Delivery service available at the post office. We recommend that you obtain proof of posting. We cannot be held responsible for any items that are lost in transit.

    Once your package has been received by Hatton Jewels Ltd it will be assessed to verify that the item has been returned in the original condition. Once verified a full refund or exchange will then be issued.


    Every effort is made to deliver your purchase as swiftly as possible. You will be sent a confirmation of delivery date at the time your order is confirmed.

    For items that are in stock we aim to deliver to you within 5-7 days. If we cannot deliver within the agreed time we will notify you immediately and with your agreement arrange an alternative date. Items listed under 'Express Delivery' are items which are currently in stock and can be delivered within 5-7 days. Depending on the rate at which the payment clears, we might be able to deliver it to you sooner.

    All items dispatched are fully covered by insurance whilst in transit, and must be signed for on delivery. At this point they become the property of the purchaser and our insurance no longer applies. Please be satisfied that the parcel has in no way been tampered with in transit before accepting delivery.

    Hatton Jewels Ltd shall not be liable for any delay or failure to perform any of its obligations or promises if the delay or failure results from events or circumstances outside its reasonable control.

    Information on our website

    Whilst we make every attempt to ensure that our online catalogue is as accurate as possible errors can occur. Prices are subject to change without notice and will be confirmed upon receipt of your order. We may alter images for presentation purposes. Colour and size may vary slightly due to different monitors.

    If a product is not in stock and we are able to replicate it, this does not apply to antique pieces, Hatton Jewels guarantee the carat weight listed on the product as minimum and guarantee the same quality of gemstone, metal and workmanship for the order placed.

    Lifetime Warranty

    All Hatton Jewels handmade pieces come complete with a lifetime manufacturer’s warranty that covers any manufacturing defects and any necessary repair will be conducted free of charge under the following terms and conditions:

  • The item is identified by our production department as being defective as a result of a manufacturing default.
  • The item has not had any damage as a result of mishandling or Inappropriate impact (eg. knocks, dents or pressure), and has had no alteration, manipulation, repair or care by a service provider apart from ourselves or is the consequence of normal wear and tear.
  • Proof of purchase must be presented.
  • This does not apply on antique pieces or signed jewellery.
  • In order to ensure all stones are secure within your piece we advise having your piece checked by a jeweller at regular intervals.

    If purchased from ourselves even if not covered by guarantee we endeavour to resolve at the lowest price possible

    Repairs and Alterations

    All repairs on jewellery that has not been purchased through Hatton Jewels are completed at the customer’s risk. We will guarantee the specific work we complete for 1 year.


    If you have a complaint or concern please contact:

    Hatton Jewels Ltd

    5 Hatton Place
    EC1N 8RU
    Tel: 0203 116 0069
    e-mail : info@hattonjewels.com