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Steep rise in diamond values puts clients at risk.
You may not realise that diamond prices are quoted in US Dollars, no matter what country you reside in. The recent shift in the USD/GBP exchange rate has raised the value of diamonds dramatically. For example: Let's assume an example diamond of a specific weight and specific quality was worth £1500 per carat when the Pound was worth 1.98 US Dollars a few months ago. Even if the base value of the diamond itself has not altered, the same diamond would now be worth £2070 per carat!
 This alteration in the exchange rate, plus rises of the base value of diamonds at certain grades and weights, plus the record market highs for gold and platinum now well-and-truly filtered through to the retailers, all adds up to you possibly being significantly under-insured. Existing clients should contact me to have their items re-valued even if the three-yearly update reminder is not due. Remember: I do not charge a valuation fee for this re-valuation service. All you pay is just the
report fee, irrespective of the number of items. Your items will be cleaned and polished, settings and fittings will be checked and a new report will be produced. |