Skippy SH13
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Well, I took it in for an appraisal today, and the jeweler oohed and awed, appropriately, which was nice. LOL
But then we got to talking about the stone and ring. All is confirmed real, of course (But we already knew that, didn't we?), but the center stone certainly "Looks" bigger than it actually is. She took the ring and said, "wow, that's clearly almost a full carat." I told her I measured it out at 5.0mm and that would make it right at .75. She said, really? And pulled out her calipers. Sure enough, it was 5.00mm exactly... but only on ONE SIDE. The other side is 4.88. At that point my heart sunk...
So... She was as fooled as I was on the stone size at first glance (which makes me feel good about the mistake), but to find out it's not a full square, that really bums me out. means it'll probably come in around .60 or .62 carats. it doesn't take much on an edge to reduce mass. and that's if it's full depth, which she'll check, of course, with the appraisal.
My guess of M or N color on the stone was accurate, she lined it up with a few other stones, and said immediately "M or N" for sure. I told her about the inclusion fracture that was in the center of the table, and she pulled it over to the loupe. As expected, because it wasn't visible to the naked eye, but in the table center, it made it an SI2 graded diamond. Nailed that one.
So... Aside from not having calipers that could measure that finely (mine is a plastic thing from harbor freight!), all else was as expected.
Once she knew I knew my stuff somewhat, she asked, "what do you think you'll get for it."
I said, "$700."
She looked bowled over. She said, "actually, yeah, that's right on. Wow... like really... wow. A lot of people don't know how to value that. How did you come up with that?"
So I told her. 5.5 to 6.0 grams of 14K gold doubled in value because of the fine detail, plus the value of the diamond and roughly $5 per set stone (33 of them), plus the cost of the diamond. I didn't do the math for her, but it's $230+ $165 + $300. She laughed and said that was pretty darn good for an estimate of sales! She then explained it would very much appraise at far beyond that. I told her I expected it would appraise between $2500 and $3800, but was unsure. She said, it'd probably clear $2500, but she'd have to inspect the rest of it to know more.
I pick up the ring tomorrow, but it's good to know I wasn't too far off. I offered her the ring, but she said she only offers scrap for rings at the store, but believed she could get $1200 for it as a retailer, and again said, she didn't think I'd have any problem getting what I wanted to out of it on eBay. Especially with the detail...
Excellent... yes... Eggs sell ent. I'll be tickled to get whatever out of it, but hope, of course, that someone sees it and it reminds them of their grandmother, and bids it up to a million dollars, and then pays it promptly. Because hey, it's my daydream.
EDIT: After months of hoping for a buyer, I turned it into the Refinery. Got $450 for the ring, including the diamond bid. As with virtually EVERY ring I've sold, this is about 15% of retail value. Figures. Shouldn't have wasted time with an appraisal. Next time I'll just sell for what I think is about 15%. LOL
Skippy
But then we got to talking about the stone and ring. All is confirmed real, of course (But we already knew that, didn't we?), but the center stone certainly "Looks" bigger than it actually is. She took the ring and said, "wow, that's clearly almost a full carat." I told her I measured it out at 5.0mm and that would make it right at .75. She said, really? And pulled out her calipers. Sure enough, it was 5.00mm exactly... but only on ONE SIDE. The other side is 4.88. At that point my heart sunk...
So... She was as fooled as I was on the stone size at first glance (which makes me feel good about the mistake), but to find out it's not a full square, that really bums me out. means it'll probably come in around .60 or .62 carats. it doesn't take much on an edge to reduce mass. and that's if it's full depth, which she'll check, of course, with the appraisal.
My guess of M or N color on the stone was accurate, she lined it up with a few other stones, and said immediately "M or N" for sure. I told her about the inclusion fracture that was in the center of the table, and she pulled it over to the loupe. As expected, because it wasn't visible to the naked eye, but in the table center, it made it an SI2 graded diamond. Nailed that one.
So... Aside from not having calipers that could measure that finely (mine is a plastic thing from harbor freight!), all else was as expected.
Once she knew I knew my stuff somewhat, she asked, "what do you think you'll get for it."
I said, "$700."
She looked bowled over. She said, "actually, yeah, that's right on. Wow... like really... wow. A lot of people don't know how to value that. How did you come up with that?"
So I told her. 5.5 to 6.0 grams of 14K gold doubled in value because of the fine detail, plus the value of the diamond and roughly $5 per set stone (33 of them), plus the cost of the diamond. I didn't do the math for her, but it's $230+ $165 + $300. She laughed and said that was pretty darn good for an estimate of sales! She then explained it would very much appraise at far beyond that. I told her I expected it would appraise between $2500 and $3800, but was unsure. She said, it'd probably clear $2500, but she'd have to inspect the rest of it to know more.
I pick up the ring tomorrow, but it's good to know I wasn't too far off. I offered her the ring, but she said she only offers scrap for rings at the store, but believed she could get $1200 for it as a retailer, and again said, she didn't think I'd have any problem getting what I wanted to out of it on eBay. Especially with the detail...
Excellent... yes... Eggs sell ent. I'll be tickled to get whatever out of it, but hope, of course, that someone sees it and it reminds them of their grandmother, and bids it up to a million dollars, and then pays it promptly. Because hey, it's my daydream.
EDIT: After months of hoping for a buyer, I turned it into the Refinery. Got $450 for the ring, including the diamond bid. As with virtually EVERY ring I've sold, this is about 15% of retail value. Figures. Shouldn't have wasted time with an appraisal. Next time I'll just sell for what I think is about 15%. LOL
Skippy
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