JVC's JBAR Standards It was with interest that I reviewed the appraisal standards released by the Jewelers Vigilance Committee (JVC). Their set of standards is not in the least comprehensive. In light of this, one would expect that with so few standards, there would not be a problem with them. After reading the standards for the fifth time, I was left with the impression that either a) none of the jewelers who embrace the JBAR standards will be able to render any appraisal whatsoever; or b) they will simply embrace the standards and assume they are qualified to appraise without knowing the laws or availing themselves of an appraisal education. Why do I say this? First of all, the press release stated, "All JBAR appraisers undertake to become familiar with and comply with all laws and regulations applicable to the jewelry industry." Appraisers do not need to become familiar with the

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