The Importance of Re-valuation

The Importance of Re-valuation

  Howard Carter at jeweller Cellini explains the importance of re-valuation

 Now we’ve got your attention, please do not be alarmed – we’re not going to involve ourselves in the debate over which of the numerous companies that have sprung up in the last 5/6 years or so, are honest traders.  However, there’s an underlying reason why these companies are all competing madly to acquire your scrap gold, platinum and silver.

Consider the recent market prices per troy ounce of precious metals: -





January 2006




January 2008




January 2010




January 2012





This unprecedented rise in precious metal prices, together with a significant increase in the prices of fine gemstones/diamonds, is primarily due to the current lack of global confidence in world currencies/stock markets. Many investors are turning to these tangible commodities as an alternative source for attractive returns.

These factors have impacted significantly upon current prices – leaving many people underinsured and unaware that they’d be unable to replace their jewellery and silverware for the sums currently specified in their policies. 



18ct two colour gold    3 ounce bracelet

2.50ct diamond solitaire ring in platinum

Pr 4x stone 6.00ct diamond ear-pendants

January 2006




January 2008




January 2010




January 2012





Are you underinsured?

As can be clearly seen, jewellery values rarely reflect the prevailing rate of inflation and we would, therefore, urge all our clients to consider a re-valuation of their jewellery and silverware collections.  We can recommend registered valuers who can offer home visits and who don’t charge on a percentage fee of the value.

 Email me for more information or drop me a line on 01223 200652.

Matthew Mullee

Portfolio Policies Red Car Gold Jet 2

“All I can say is that I am taken aback with the speed and efficiency of both La Playa and AIG. The last thing one needs after an unfortunate incident is a "hassle" and aggravation with the insurance aspect. A VERY BIG THANK YOU”

David G, Private Client


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La Playa's Personal Risk Concierge service means advice you can trust - from an expert who understands you:

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As an independent broker, we can advise on the best policies available - and on risk management measures including valuations, security, fire prevention and property marking - preserving the value of your property and giving you complete peace of mind. We have access to excellent terms with market-leading high net worth insurers.

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We see insurance as integral to your financial planning - and our in-house financial advice team provides Wealth Management, Pensions and Financial Planning; a joined up approach with a team of advisers working for your best financial interests - all under one roof.

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  1. A dedicated adviser so you can speak to the same person each time
  2. Careful listening to really understand your needs and priorities
  3. As much help as you need with completing forms to provide risk information
  4. A discreet and complimentary appraisal* of your property to assess the risks and ensure you have the right cover where you need it
  5. An independent market review - so you don’t have to shop around comparing policies, cover limits, risks covered and smallprint exclusions
  6. Careful monitoring of the insurers’ financial strength, claims and customer service
  7. An independent recommendation of the best policy for you - and, importantly, why
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  9. An intelligently designed portfolio of protection across multiple asset classes and territories
  10. Advice on how best to manage your risks - to keep you safe but also to keep insurance costs down
  11. Expert guidance on valuations, security and risk management, and connecting you with specialist advisers and suppliers
  12. Direct phone, mobile and email access to your adviser for questions and advice. We aim to respond to emails within 60 minutes
  13. Policy documents emailed to you - no logins and passwords to remember
  14. An advocate beside you if you make a claim - thinking laterally to mitigate the impact, making useful connections to get you back up and running; driving through to a swift and fair financial settlement

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*subject to availability with our insurer panel

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Matthew Mullee


Direct Dial: +44 (0) 1223 200652

Mobile: +44 (0) 7808 329556


Twitter: @MattMLaPlaya