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 Appraisal Question
P:  10/8/2004 9:55:07 AM  
ksbug
ksbug

Rough Rock
Total Posts: 2
Last Post: 10/8/2004
Member Since: 10/8/2004
 
 		My fiance and I are getting ready to purchase a 3 stone setting and side stones from Whiteflash next week. Do we need to have the individual side stones appraised before we have them set them or given the reputation of Whiteflash, would it beprudent to go ahead and have them set and then have the ring appraised? Any thoughts would be appreciated. Thanks!

 
Posted:  10/8/2004 9:55:07 AM

 There are 3 replies to this message.  There are 3 replies on this page.
P: 10/8/2004 10:48:02 AM
Richard Sherwood
Richard Sherwood

Ideal Rock
Total Posts: 4,879
Last Post: 11/23/2009
Member Since: 9/25/2002
 
 		I usually advise my clients that if the vendor supplies a lot of upfront information (ie major lab report, photos, optical images or report, etc.), and the client has a good opinion of the vendor, and is confident they are getting a fair price, then it's probably okay to go ahead and have the stones set with a subsequent appraisal on the finished ring.

It's practical in that it's quicker, cheaper, involves less to-&-fro shipping, and gives the client a document they can use immediately for insurance (most insurance companies won't insure loose stones).


Rich, Independent GG Appraiser
Sarasota Gemological Laboratory

Posted:  10/8/2004 10:48:02 AM
P: 10/8/2004 10:55:38 AM
ksbug
ksbug

Rough Rock
Total Posts: 2
Last Post: 10/8/2004
Member Since: 10/8/2004
 
 		Thank you! This makes sense.

Posted:  10/8/2004 10:55:38 AM
P: 10/8/2004 11:00:37 AM
newenglandgemlab
newenglandgemlab

Cut Rock
Total Posts: 298
Last Post: 12/30/2007
Member Since: 1/16/2003
 
 		Just make sure the price isn't overly inflated. Cindy

Cindy Konney, GG, RJ, ICGA
New England Gem Lab, ICGA, AGS-Independent Appraiser
Posted:  10/8/2004 11:00:37 AM

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