Comments on: What To Do With A Big Jewelry Win http://www.online-jewelry-appraisals.com/chain-appraisals/what-to-do-with-a-big-jewelry-win/ Online Jewelry Appraiser Will Help You Write Your Own Valuations From Home or Work Wed, 08 Oct 2008 11:16:12 +0000 http://wordpress.org/?v=2.6.2 By: gemmo1 http://www.online-jewelry-appraisals.com/chain-appraisals/what-to-do-with-a-big-jewelry-win/#comment-2235 gemmo1 Sat, 28 Jul 2007 07:15:25 +0000 http://www.online-jewelry-appraisals.com/asktheappraiser/what-to-do-with-a-big-jewelry-win/#comment-2235 G'day again Jason Read the report I suggested to try and understand. The Insurance Value is 280K and Sotheby's is suggesting an approx REALISTIC price of one third. In the open market you should get between 10% percent to as much as 60% percent (ie: 28K to 160) but you have to find a WILLING BUYER as there is NO FIXED PRICE (read my report again). In a PRIVATE transaction you may get the top end, but in a open market, expect to go to the lower end. That's all I can really add. Jewelry Appraisals are for INSURANCE REPLACEMENTS only and have nothing to do with the second-hand or real value. G’day again Jason

Read the report I suggested to try and understand. The Insurance Value is 280K and Sotheby’s is suggesting an approx REALISTIC price of one third.

In the open market you should get between 10% percent to as much as 60% percent (ie: 28K to 160) but you have to find a WILLING BUYER as there is NO FIXED PRICE (read my report again).

In a PRIVATE transaction you may get the top end, but in a open market, expect to go to the lower end.

That’s all I can really add.

Jewelry Appraisals are for INSURANCE REPLACEMENTS only and have nothing to do with the second-hand or real value.

]]> By: Jason http://www.online-jewelry-appraisals.com/chain-appraisals/what-to-do-with-a-big-jewelry-win/#comment-2234 Jason Sat, 28 Jul 2007 06:50:02 +0000 http://www.online-jewelry-appraisals.com/asktheappraiser/what-to-do-with-a-big-jewelry-win/#comment-2234 Hey there Mr. Foard, Thanks for replying so fast! Well, Sotheby's is setting the reserve for the piece at $80,000 and the insurance retail value is $280,000. Does that sound right to you? I was expecting them to set the reserve at 120k to 140k, or am I totally deluded? Jason Hey there Mr. Foard,

Thanks for replying so fast! Well, Sotheby’s is setting the reserve for the piece at $80,000 and the insurance retail value is $280,000.

Does that sound right to you? I was expecting them to set the reserve at 120k to 140k, or am I totally deluded?

Jason

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