Let’s play “what would you bid” for OEC antique ring

[lovetodream]

I know many of you follow auctions - here’s a ring I loved, but gaped at what it sold for (especially with a 19.5% fee). But since I’m still learning, talk to me about your opinions and how high you’d go. Some description is cut off from my screenshot, but it claimed mint condition, if that matters.

 

[lala646]

Way less than half that for a sub-1ct I1. I find things often go for ridiculous prices on their auctions. Maybe I'm just too cheap?

It also amazes me they were projecting $6-7K as closing bid! I wonder how much of that is a game to convince buyers the item has more value, and they should be willing to bid higher?

 

[lovedogs]

I know the vendor of this ring and I think its like 2500 on ebay, so this sends red flags for me

 

[lovedogs]

Ummm, this is still showing available on ebay for 2300, so something isn't right.

Antique Art Deco Platinum .80ct European Diamond Engraved Scroll Engagement Ring | eBay

The center diamond is has near-colorless J color with almost eye clean SI2/I1 clarity. On either side of the center diamond, this ring features hand folded scroll designs that are similar to the designs on a violin.

www.ebay.com

 

[Lookinagain]

Ummm, this is still showing available on ebay for 2300, so something isn't right.

Antique Art Deco Platinum .80ct European Diamond Engraved Scroll Engagement Ring | eBay

The center diamond is has near-colorless J color with almost eye clean SI2/I1 clarity. On either side of the center diamond, this ring features hand folded scroll designs that are similar to the designs on a violin.

www.ebay.com

Well, that's beyond not right if it's truly the same ring. Seems like something is actually a false statement.

 

[lovedogs]

Well, that's beyond not right if it's truly the same ring. Seems like something is actually a false statement.

Did you see the seller of the live auction ring listed? I know 100% that badis has this ring because they sent me IRL pics

 

[Lookinagain]

Did you see the seller of the live auction ring listed? I know 100% that badis has this ring because they sent me IRL pics

I didn't, but didn't look too hard. have you looked?

 

[JPie]

There are scammers on Live Auctioneers who steal photos from around the internet to sell rings they don’t have. This came up in the IG antique jewelry community recently.

Live Auctioneer has been nonresponsive to complaints and it looks like they haven’t cracked down on the scammers.

 

[lovedogs]

There are scammers on Live Auctioneers who steal photos from around the internet to sell rings they don’t have. This came up in the IG antique jewelry community recently.

Live Auctioneer has been nonresponsive to complaints and it looks like they haven’t cracked down on the scammers.

Ugh that's almost certainly what happened. So sad

 

[LilAlex]

There are so many fake auctions on eBay and everywhere.

Ummm, this is still showing available on ebay for 2300, so something isn't right.

Maybe they made a whole bunch of them

 

[lovetodream]

So whomever purchased the auction ring was scammed - paid that much for under a carat I and won’t even receive it?

That ring was part of a huge lot of various items that were couched under “federal seizement” or something similar. I wonder how Live Auctioneers can stay in business with that happening regularly.