GJ202 Foundation II: Appraising Gems & Jewelry for Insurance Scheduling
- Registration Closed
Course Description
This course will provide appraisers with an in-depth understanding of the essential principles and processes necessary to develop and report an appraisal for the intended use of insurance scheduling. The focus of the course is the practical application of the principles learning in GJ201 with USPAP Standard 7 and Standard 8 forming the basis for the development and reporting of a gems and jewelry appraisal. Students will receive a thorough understanding of when and how to apply the primary approaches to valuation, recognizing and ranking relevant characteristics of specific types of property, core concepts of data research and reconciliation, narrative report writing and the required elements of a USPAP-compliant and ASA-compliant report. To receive credit for the course, students will construct a new appraisal report or will modify an existing appraisal report of a single item of jewelry to demonstrate their understanding of and competency in the material presented in class. Successful completion of GJ201, GJ202, and GJ203 is required for accreditation through ASA.
ASA-accredited members (AM, ASA, FASA) who would like to attend this class will receive a 50% discount. This discount will be automatically applied at checkout.
Pre-Requisites
For those seeking accreditation with ASA, the GJ courses should be taken in order starting with GJ201. For those seeking education only (ie. not seeking accreditation), the courses may be taken out of order, however, pre-approval is required. Please contact us at education@appraisers.org to review your request. If you have previously taken PG201 or PP201 and wish to register for this course, please email education@appraisers.org so we may evaluate your request on a case by case basis.
Please also ensure that your USPAP is up-to-date.
Required Pre-Course Reading
Students are required to purchase and have available during class the following texts/documents:
- Purchase: Personal Property Monographs: # 2, 4, 5, 6, and 7
- Purchase: USPAP Text (current version available), read Preamble, Rules, Definitions
- GJ Descriptive Elements (provided in the appendix of the Student Manual once downloadable eMaterials are made available)
Final Exam
The final exam will be conducted through ASA’s online exam platform. Successful completion of the exam is required in order to pass the class. Further exam information and guidance will be provided before class concludes.
Instructional Methods
Materials will be presented utilizing lecture and visual aids with student understanding enhanced through group discussions of focused assignments that will be completed in-class and between sessions. The class will be highly interactive and students are encouraged to ask questions at any time. There are also pre-course reading requirements.
Course Audience
This course in intended for those interested in pursuing a career in appraising gems and jewelry, currently practicing appraisers, and insurance industry professionals who regularly rely on gem and jewelry appraisals for coverage decisions.
Learning Level
Fundamental
Virtual Class Schedule
All Classes will be held from 12:00pm - 4:00pm Eastern US
- Session 1 - Tuesday, September 27, 2022
- Session 2 - Thursday, September 29, 2022
- Session 3 - Tuesday, October 4, 2022
- Session 4 - Thursday, October 6, 2022
- Session 5 - Tuesday, October 11, 2022
- Session 6 - Thursday, October 13, 2022
- Session 7 - Tuesday, October 18, 2022
- Session 8 - Thursday, October 20, 20
- Session 9 - Tuesday, October 25, 2022
- Session 10 - Thursday, October 27, 2022 (Final Exam)
Student Requirements
Required Pre-Course Reading
Students are required to purchase and have available during class the following texts/documents:
- Purchase: Personal Property Monographs: # 2, 4, 5, 6, and 7
- Purchase: USPAP Text (current version available), read Preamble, Rules, Definitions
- GJ Descriptive Elements (provided in the appendix of the Student Manual once downloadable eMaterials are made available)
Students must have the following available for all sessions:
- Laptop or desktop computer with internet and webcam access is required
- Telephone access or computer headset with microphone
- Printed or electronic copy of all student materials (available once eMaterials are posted)
Student must have familiarity with:
- Internet Explorer/Google Chrome/Firefox Internet browsers.
- Zoom and other similar software platforms.
- To ensure the best webinar experience, test your Zoom audio/video connection on your computer and review the Zoom System Requirements prior to the first day of class.
- Note: Partial credit will not be awarded for this offering. Students must engage in each live virtual session with webcam enabled to complete the course and receive full credit for participation.
Mark Sandler
ASA, MGA
Designer Jewels, Inc.
Mark is a Master Gemologist Appraiser, credentialed through the American Society of Appraisers. As Vice President of Designer Jewels, Inc. Mark runs the business and can do everything from cast metals, alloy gold for jewelry creations and be an expert witness for estate settlements. Mark is a graduate of the University of Texas.
Mary B. Reich
GG, FGA, ASA, MGA
Mary B. Reich, is the Principal of Gemologically Speaking in Albuquerque, NM. Mary has been working in the jewelry industry since 1982, including work as a showroom manager for a wholesale gemstone dealer, a manager or buyer for fine family-owned retail jewelry stores and as an independent jewelry appraiser since 2007.
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