How are brand names such as Tiffany, Cartier, etc. dealt with in an appraisal? Do appraisers know of a specific markup for these brand names?
When I got my non-branded H&A appraised at one of the most reputable appraisers in my area (who is mentioned frequently here at pricescope), all he did to calculate the value was to take the wholesale value for an ideal cut stone (he did not consider the H&A at all) with my specs and apply a retail markup percentage to it. So do appraisers apply a different markup percentage to branded stones? What about ones like HOF, 8*, A Cut Above, etc.?
When I got my non-branded H&A appraised at one of the most reputable appraisers in my area (who is mentioned frequently here at pricescope), all he did to calculate the value was to take the wholesale value for an ideal cut stone (he did not consider the H&A at all) with my specs and apply a retail markup percentage to it. So do appraisers apply a different markup percentage to branded stones? What about ones like HOF, 8*, A Cut Above, etc.?