(PRESS RELEASE) HERNDON, VA — ASA has published an article that speaks to the differences between appraisers and gemologists when valuing gems & jewelry.
Authored by Warren H. Morss, GIA GG, ASA, MGA , the article discusses how the appraisal process has evolved into an accompaniment of the sale, an add on or a follow up which became nothing more than an expectation by consumers that unwittingly has devalued the appraisal into an afterthought devoid of proper content and lacking in consistent form.
It continues by explaining the need for professional standards and ethics, specifically The Uniform Standards of Professional Appraisal Practice (USPAP) and The ASA Code of Ethics, and how both are essential to promoting and maintaining a high level of public trust by establishing requirements for appraisers and their analyses, opinions and conclusions so as to be meaningful and not misleading.
The article closes by explaining the differences between appraisers and gemologists, including a look at education, training, market awareness and depth/quality of appraisal report – all of which directly benefit consumers, jewelers, and third parties such as insurance companies and banks.
View complimentary article .
To learn more about ASA and its gems & jewelry education, credentialing and membership programs, visit here.
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To hire an ASA appraiser today, visit here or call (800) 272-8258.
Closing With Confidence: How Bailey's Fine Jewelry Achieved Outstanding Results With Wilkerson
When Trey Bailey, President and CEO of Bailey's Fine Jewelry, decided to close the Crabtree location in Raleigh, North Carolina after 15 years, he knew the decision needed to be handled with intention and professionalism. The goal was clear: exit the location while maintaining financial strength and honoring the store's legacy.
Having worked with Wilkerson successfully in the past, Bailey understood the value of their comprehensive approach. "They understood both the emotional and financial sides of the store closing sale," Trey explains. "Their reputation for professionalism, results and care made it a very easy decision."
The results exceeded expectations. Wilkerson helped Bailey's sell through significant inventory while maintaining the dignity of the closing process. "They don't just run a sale, they help close a chapter in the best way possible," Bailey says, strongly recommending Wilkerson to any jeweler facing a similar transition.
