Jewelry Store Inventory Valuation Checklist

Ensure accurate jewelry valuations and minimize loss with our Jewelry Store Inventory Valuation Checklist. Protect your precious assets, optimize insurance coverage, and streamline your inventory process - perfect for appraisals, audits, and maintaining a healthy bottom line.

This Template was installed 4 times.

Initial Assessment & Preparation

1 of 10

Preparing for the inventory valuation process.

Inventory Valuation Start Date

Number of Employees Involved

Brief Description of Inventory Scope

Valuation Method

Previous Inventory Report (if available)

Estimated Time to Complete Initial Assessment

Diamond Grading & Documentation

2 of 10

Detailed assessment and recording of diamond characteristics.

Carat Weight (cts)

Cut Grade

Color Grade

Clarity Grade

Cut Proportions (Depth %)

Polish Grade

Symmetry Grade

Notes/Comments

Diamond Certificate (if available)

Gemstone Identification & Valuation

3 of 10

Identifying and valuing all gemstones present.

Gemstone Type

Detailed Description (Color, Clarity, Cut, Carat)

Carat Weight (ct)

Estimated Value ($)

Treatment (if any)

Gemstone Photo(s)

Notes/Additional Details

Metal Valuation (Gold, Silver, Platinum)

4 of 10

Calculating the value of precious metals used in jewelry.

Gold Weight (Troy Ounces)

Silver Weight (Troy Ounces)

Platinum Weight (Troy Ounces)

Gold Purity (Karat)

Silver Purity (Fine Silver %)

Current Gold Spot Price ($/Troy Oz)

Current Silver Spot Price ($/Troy Oz)

Current Platinum Spot Price ($/Troy Oz)

Jewelry Style & Design Assessment

5 of 10

Evaluating the craftsmanship, design complexity, and overall appeal of each piece.

Estimated Craftsmanship Score (1-10)

Overall Design Aesthetic

Estimated Design Complexity (1-5)

Detailed Description of Design Elements

Precious Metal Purity (if applicable)

Estimated Retail Value (Based on design)

Any Unique Design Features?

Market Research & Pricing Comparison

6 of 10

Comparing your jewelry's pricing to current market values and competitor listings.

Comparable Item Price (High)

Comparable Item Price (Low)

Retailer Type (Comparable Item)

Notes on Pricing Strategy

Screenshot of Comparable Listing

Market Condition

Condition & Repair Assessment

7 of 10

Identifying any damage, wear, or required repairs to each item.

Overall Condition

Detailed Condition Notes

Metal Wear/Tarnish?

Number of Missing Stones (if any)

Description of Repair Needed (if any)

Clasp Functionality?

Photos of Damage/Repair Needs (Optional)

Record Keeping & Documentation

8 of 10

Ensuring accurate record-keeping of all valuation data.

Item Count

Unique Item Description Notes

Valuation Date

Estimated Replacement Cost

Valuation Method

Supporting Photos/Documents

Appraiser Name (if applicable)

Detailed Valuation Notes

Insurance & Appraisal Review

9 of 10

Reviewing any existing appraisals or insurance documentation.

Date of Last Appraisal

Appraiser's Name & Credentials

Summary of Previous Appraisal Findings

Copy of Previous Appraisal Document

Is Current Insurance Coverage Adequate?

Insurance Coverage Amount (USD)

Notes Regarding Appraisal Discrepancies

Final Valuation & Summary

10 of 10

Calculating the total inventory value and generating a summary report.

Total Inventory Value (USD)

Total Number of Items

Valuation Date

Valuation Method Used

Summary of Key Findings

Accuracy Level

Supporting Documentation (e.g., appraisal reports)

Valuer's Signature

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