A month ago was National Jewel Day (March 13), and in honor of it, I had created 3 tips to preserving your jewelry.
They were published in the Liverpool Chamber newsletter, but I also wanted to share them with you.
Tip #1 – Remove Your Rings Often!
One of the saddest things we see are rings that have been cut and mangled. And how do they get that way?
Imagine you are stressed and worried about an upcoming scheduled (or non-scheduled) surgery. What will be the outcome? How much pain will you be in and how long will it be? Are you going to be a burden to your family?
But the one thing that isn’t crossing your mind is that your wedding ring has been stuck on your finger for a little too long.
Surgery day arrives and you are wheeled in. Except, the very first surgery to happen isn’t to your body – it is to remove that ring on your finger. And although surgeons are great with the human body, they aren’t so great cutting rings.
When we see the aftermath, the ring can be in rough shape and may require its own “surgery” to be fixed.
Tip #2 – Get Your Jewelry Checked Occasionally
It is a bright sunny day and you decide to start cleaning up some garden beds with your ring on. After about 30 minutes of picking up and digging, you realize that one of the stones from your ring is no longer there. Hopefully, it wasn’t your grandmother’s original engagement stone…
Over time, prongs (the metal pieces that hold the stones) can wear down, especially when the piece is worn often.
If the piece of jewelry is important to you and/or has stones that would be hard to replace, it is best to bring it to a jeweler for them to take a look at it.
The jeweler can add more metal to the prongs and also tighten the settings so that the stone will stay in. But, the best course of action, is to remove your rings when doing activities that could damage a ring.
Tip #3 – Consider Jewelry Insurance for High Value Items
Although jewelry insurance is an extra expense, even if you only have one high value item, you may want to consider insuring it. The typical homeowner’s policy might not have a separate allotment for jewelry, or if it does, the limit might be very low.
And the thing to keep in mind is that it isn’t necessarily someone breaking into your house and taking the jewels. It could be a lot of different scenarios such as: dropping it down the sink, putting it on a tissue and then accidentally throwing it out, or setting it down on a counter and someone else picking it up.
Coverage levels and clauses vary based on insurance carriers, but it may be worth it to you to have a conversation with an agent, especially if you have a collection worth over $5000.