Tuesday Jun 21, 2022
See how the value of jewellery and watches has changed with Sam Dunn-Davies from Gurr Johns
Run time: 12.32 mins
Description
Do you know the difference in value between synthetic and natural diamonds? Does your client have fresh water or saltwater pearls and how does this affect their value? Do you know how the last 12 months has affected the value of gold?
In this episode we discuss with Samantha Dunn-Davies from Gurr Johns what she’s been seeing in the market, from the crazy inflation of a Rainbow Daytona to the effects of pearl farms in China, and how, even as we emerge from the COVID pandemic, the recent unrest in the world is still causing gold prices to rise. Across the market, inflation on high value brands is astronomical.
Quote
“There was a Rainbow Daytona that came out in about 2019 or there abouts, which was sold for £35,000 retail, and now I looked at the prices today. They're asking on the various watch sites between £500,000 and £700,000. That's a good price, isn't it?”
“Have it insured, have it listed and make sure you have the paperwork recorded – valuation, receipt and photographs.”
About the Guest
Samantha Dunn-Davies is General Valuer and Jewellery and Watches Specialist at Gurr Johns. She has over twenty years’ auction house and art industry experience, is a qualified diamond grader and a Fellow of the Gemmological Association of Great Britain. She is also a member of RICS and served on their Arts and Antiques Faculty Board from 2003 until 2011.
About the Host
Sarah Willoughby, Art & Private Client Development Director at Ecclesiastical, leads the Art & Private Clients team and brings over 28 years’ experience in the high net worth sector. Sarah joined Ecclesiastical in 2016 after 16 years with Oak Underwriting where she was involved in all aspects of the business. She started as an underwriter at Cox before joining Oak in 2000 where she held positions as a Senior Underwriter and Associate Director of Operations before moving to the role of Deputy Managing Director and Head of Operations.
Disclaimer
This guidance is provided for information purposes and is general and educational in nature and does not constitute legal advice. You are free to choose whether or not to use it and it should not be considered a substitute for seeking professional help in specific circumstances.
Accordingly, Ecclesiastical Insurance Office plc and its group companies (“Ecclesiastical”) and Gurr Johns, shall not be liable for any losses, damages, charges or expenses, whether direct, indirect, or consequential and howsoever arising, that you or any third party suffer or incur as a result of or in connection with your use or reliance on or action taken (or not taken) by any other party, caused by that or any other person’s use of or reliance on the information provided in this guidance, except for those which cannot be excluded by law.
In viewing the guidance, you acknowledge that over time the information provided may become out of date and may not constitute best market practice, that it is subject to change and new editions may be issued to incorporate such changes and that Ecclesiastical and Gurr Johns have no duty to provide such changes.
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