Majors

ASA to Hold Virtual Appraisal Course to Protect Against Fraud

MajorsJul 19, 2022

ASA to Hold Virtual Appraisal Course to Protect Against Fraud

“Fundamentals of Jewelry Appraisal” is scheduled for Aug. 18.

Herndon, Va.—The American Society of Appraisers will host a virtual course aimed at fighting fraud.

“Fundamentals of Jewelry Appraisal” is scheduled for Aug. 18 from 5 p.m. to 9 p.m. EDT.

Leading the course is Boston-based gem and jewelry appraiser Warren H. Morss, ASA, GIA GG. Morss has been an appraiser for 45 years.

 “With a booming market for artificial diamonds combined with growing signs of economic uncertainty, the market is starting to see an increase in the reported numbers of fake and counterfeit jewelry and watches, fraudulent certificates and related scams,” he said.

“The industry and appraisal profession are very concerned.”

The course will cover the fundamental concepts to prepare an appraisal report.

Topics will include ethics, competency, the primary roles of an appraiser, approaches to value, market types and layers, basic research concepts, how to recognize manufacturing methods, methods of data collection and analysis, and reporting standards.

“Fraud and unethical practices are always a top concern, especially for jewelry and allied professionals,” said ASA CEO Johnnie White.

“Jewelers, insurers, attorneys, law enforcement and government agency employees all need to receive critical updates to better mitigate the risks of their respective companies or agencies and the consumers they serve to protect. And the best way to do this is to educate oneself on the latest standards and best practices.”

Registration can be completed online or by phone at (800) 272-8258.

Interested parties can learn more on protecting themselves against fraud by reading ASA’s recent article, “Eying a Fake.”

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