I recently received an email from someone with an appraisal problem which I thought was well worth answering here, so I have added both the question, together with my answer in the hope that it helps.
QUESTION….?
I am an event concierge at the JW Marriott hotel. One of the meetings that I was caring for was a group called [BLANKED OUT]. Their website is [BLANKED OUT].
I bought a tennis bracelet for my mother from this guy there and he claimed it was a 14k gold, Class A man made sapphire and man made diamond bracelet. I don’t know what I was…
Continue reading Unfortunately - a typical problem
Continue Reading »
Tags: appraisal problem, diamond 14k, jw marriott hotel, lifetime warranty, man made diamond
Posted in General • 3 Comments »
I recently received an email from a client with regard valuing an Antique 18ct Watch Chain, and it made me realize that people don’t understand the difference between NEW jewelry and OLD jewelry when it comes to an Appraisal.
At the Valuations Online Database there is a built in formula to calculate these differences, but the basics remain that ALL Valuation Appraisals stem from a single MASTER price based on the REPLACEMENT FOR INSURANCE price.
An Antique, Secondhand, Vintage or Estate item is simply a proportion of this original MASTER valuation. No more – no less.
A visit to the only online…
Continue reading Jewelry Valuation Appraisal Problem
Continue Reading »
Tags: appraisal problem, insurance price, new jewelry, old jewelry, watch chain
Posted in General • No Comments »