JVC Debuts J-BAR for Appraisers

August 2, 2001

JVC Debuts J-BAR for Appraisers

A new not-for-profit membership trade organization for appraisers and users of appraisal professionals was announced at the JA International Jewelry Show July 31. The group will be called J-BAR, which stands for Jewelers Board of Appraisal Review.

The organization, which is a wholly owned subsidiary of the Jewelers Vigilance Committee, is currently headed by Cecilia Gardner, JVC's executive director and general counsel. A permanent board will be in place by December 2001. The interim advisory board for the organization consists of Ron Harder, president of Jewelers Mutual Insurance Co., David Peters, director of education for Jewelers of America, Pattie Geolat, an independent appraiser, and Ann Blumer, representing State Farm Insurance Co., which also writes jewelers insurance.

J-BAR is not meant to compete with existing appraisal organizations. Instead, it will serve as an impartial umbrella group providing a neutral forum to resolve disputes and support other appraisal groups. It will articulate minimum standards and provide education as well. "We will also help the untrained understand that they need education to be appraisers and that they are taking on a potential liability when they write appraisals," said Gardner.

The organization will offer the industry an appraisal methodology system, a legal standard and streamlined general appraisal practices, according to a fact sheet. Its focus will be understanding and following the law as it applies to jewelry appraisals and related services.

For more information, interested parties can join J-BAR's e-mail list by sending an e-mail address to cstanley@jvclegal.org or by contacting JVC at (212) 997-2002. Information is also available at www.jbar.org.

- by Peggy Jo Donahue