Home-based jewellery valuer

Individuals who need insurance valuations, people who have inherited jewellery, and local jewellers or pawnbrokers who want an independent opinion.

A fee per item or per valuation document, sometimes with a minimum charge. Larger collections can be charged by the hour or as a set fee.

• Gemmology or jewellery valuation training
• Careful eye for detail
• Clear report writing
• Honest and trustworthy manner

• Professional indemnity insurance, as a wrong valuation could lead to a claim
• Cover for client items while they are in your care or in the post
• Safety and security of visitors and valuable items at home; check your home insurance and any landlord or mortgage terms
• Conflicts of interest if you also buy or sell the items you value
• Valuation work is not licensed as far as we know, but clients trust recognised qualifications, so check what insurers and solicitors expect

Startup costs are typically around £1,500 to £8,000, depending on your training, equipment and insurance. These are estimates, so check what insurers and solicitors expect in terms of qualifications.

Check professional indemnity insurance, as a wrong valuation could lead to a claim, plus cover for client items in your care or in the post. Also check home insurance, landlord or mortgage terms, and conflicts of interest if you buy or sell items.

Monthly revenue is typically around £300 to £2,500, depending on how many valuations you complete. This is an estimate, and you would typically need at least about 6 hours a week.