The main basis for the evaluation of jewellery value is the understanding of the variety, characteristics and intrinsic quality of jewellery. It is a technical and empirical work that emphasizes both practice and theory, and emphasizes the combination of theory and practice. Jewelry value assessment is directly influenced by market supply and demand rules, assessment purposes, assessor qualifications and technical level, and market practice experience. The influence of factors has the following characteristics: 1. The complexity and particularity of jewellery value assessment The value of jewellery includes its use, investment, collection and artistic value. In addition to the main factors such as the needs of the subject, knowledge structure, emotion, aesthetic consciousness, etc., it also includes the type, quality, size, design and processing of jewellery. History, source, market supply and demand factors. For the latter, ordinary consumers are difficult to grasp. Scientific assessment relies on assessments of gemmology, jewellery manufacturing know-how and assessment theories and methods, assessments of experienced industry and market information, or senior practitioners, often requiring the use of certified, graded instruments. Jewelry evaluation is highly professional and technically high.
It is very difficult for consumers to obtain a more accurate estimate by intuition. This requires consumers to have the corresponding knowledge, experience and professional judgment of jewelry. 2. The demand for jewellery is flexible and the supply is inelastic Jewelry is not a necessity, and high-end jewellery is generally a large proportion of the disposable income. When the price changes, it often causes a greater change in consumption. Consumers are sensitive to price, or jewelry. The demand is flexible. The price of jewellery is controlled by the market supply and demand law. The rise and fall of the market and the rise and fall of prices are all invisible constraints on supply and demand changes. 3. The inherent complexity of the jewelry market Jewelry has a long sales cycle, which occupies a large amount of capital, and the demand has a strong preference for consumers, and the consumer demand level is rich. Income levels, personal cultural background, and hobbies tend to be important factors in determining the ability of consumers to purchase on the spot. There are many types of jewellery, the market is extremely complicated and there is no uniform quality grading system (except diamonds). In general, complex markets make each subject’s dependence on information increase, facing the increase, decrease, change or distribution of information. All, the main body of the market needs to respond and adjust in time, the market mechanism is more sensitive to the asymmetry of information, the market – ‘invisible hand’ – is more and more prone to failure. 4. There are obvious regional characteristics in the jewelry market. Due to the differences in consumer jewellery awareness and consumption concepts and market conditions in different countries and regions Bvlgari Bracelet Replica, the jewelry market has obvious regional characteristics. It is expressed in the price of jewellery, showing obvious dynamic characteristics, with different prices in different time and space, different business environment and regional market. 5. The impact of technological advances on the valuation of jewellery The impact of jewelry identification and gem synthesis, optimization technology development on market information. The advancement of gem synthesis and optimization technology not only has a profound impact on people’s values, but also the new synthetic gemstones, optimized gemstones, gem imitations and uncertain inflows into the market. The short- and medium-term impact on the market is quite obvious. Although we believe in identification The development of technology can make the market have a clear definition of such gemstones, but the contest between the two is long-term Cartier Bracelets Replica, and compared with the development of synthesis and optimization technology, the identification always lags to a certain extent, which makes the information asymmetry The magnitude of the information superiority (the information superiority relative to the inferior party’s information advantage) is fluctuating and has a gradually increasing trend. 6. The impact of the production process on the valuation of jewellery As a high-end consumer goods or collectibles, in the value evaluation process, in addition to considering the material characteristics, the level of craftsmanship of jewelry will have a great impact on its value evaluation. Exquisite style, unique style, celebrity production, etc. will affect the value evaluation of jewelry (Figure 3-9 to Figure 3-11). In short, the quality of jewelry products is the basis for the evaluation of jewelry value. There are many kinds of jewellery and the external performance is complicated. It is necessary to grasp the true quality of jewellery through the phenomenon, grasp the quality basis of the evaluation, and further clarify the use value, commercial value and technical use of each jewellery product or jewellery stone. And combined with the market situation at the time, give the correct value assessment. The personal qualities of the assessor, including technical ability, personal quality, historical and cultural literacy, etc., also have a certain impact on the evaluation of the value of jewelry.