The main and most common definition of the phrase jewelry appraisal is a written document that describes one's jewelry and gives a monetary value for replacement if lost, damaged or stolen.  The most common use for a jewelry appraisal is for insurance purposes.  A written appraisal would also be necessary or useful for estates, trusts, divorces and litigation.  An insurance appraisal would be recommended for many jewelry items including engagement rings, wedding bands, diamond stud earrings, gold & platinum jewelry, estate jewelry and family heirlooms.