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 Pic and appraisal question.

P:  2/25/2005 10:57:53 AM  
jkb_222
jkb_222

Rough Rock
Total Posts: 16
Last Post: 2/25/2005
Member Since: 1/25/2005
 
I just got my ering in today, it's a 1.01 H SI1 ACA from Whiteflash. The stone was was 5800, however the appraisal that came with it was for only 2,950. Is this normal for it to be that low. I always thought appraisals were higher than the price paid. I'm looking to getting insurance but I want enough coverage to cover the replacement cost. Should I get another appraisal from a local jeweler?

thanks for the help.

 



Posted:  2/25/2005 10:57:53 AM

 There are 7 replies to this message.  There are 7 replies on this page.

P: 2/25/2005 11:17:13 AM
katrina_33
katrina_33

Cut Rock
Total Posts: 445
Last Post: 7/30/2008
Member Since: 6/8/2004
 
I'm sorry, I don't know the answer to your question re: the appraised value. Maybe it was a mistake? But, I just wanted to say how much I love the ring, especially those prongs!

Posted:  2/25/2005 11:17:13 AM
P: 2/25/2005 11:19:43 AM
denverappraiser
denverappraiser

Ideal Rock
Total Posts: 4,614
Last Post: 11/22/2009
Member Since: 7/21/2004
 
jkb,

Ring up the appraiser and ask them.  This sounds like an error.  Perhaps they were appraising just the mounting without the center stone?  If the appraisal you received is the 'verification report' that comes included with the Whiteflash package, yes, I think you should get an appraisal from someone independent.

Neil Beaty
GG(GIA) ISA NAJA
Independent Appraisals in Denver

There's never a crowd when you go that extra mile.

Posted:  2/25/2005 11:19:43 AM
P: 2/25/2005 11:28:32 AM
jkb_222
jkb_222

Rough Rock
Total Posts: 16
Last Post: 2/25/2005
Member Since: 1/25/2005
 
I'm glad you like it, I think she's gonna love it. The heart prongs were Bob's (Whiteflash) idea and I think it turned out great. The pictures really don't do it justice. It sparkles like crazy even in a poorly lit room.

The appraisal lists the stone at 2950 and the setting at 1800. I've emailed Bob so we'll see what he says, I might call the appraiser too. Thanks guys.

Posted:  2/25/2005 11:28:32 AM
P: 2/25/2005 11:40:13 AM
Patty
Patty

Ideal Rock
Total Posts: 4,031
Last Post: 6/4/2008
Member Since: 12/7/2003
 
It's got to be a mistake. 

The ring is gorgeous!

Posted:  2/25/2005 11:40:13 AM
P: 2/25/2005 11:44:20 AM
Kaleigh
Kaleigh

Ideal Rock
Total Posts: 25,905
Last Post: 11/23/2009
Member Since: 11/18/2004
 
It's a beautiful ring and I'm sure she will love it.  I see a big mistake, that can't be right!!

____________________________
Piece of cake and a candle.
**ng gift**

Posted:  2/25/2005 11:44:20 AM
P: 2/25/2005 12:14:58 PM
jkb_222
jkb_222

Rough Rock
Total Posts: 16
Last Post: 2/25/2005
Member Since: 1/25/2005
 
Just heard from Bob, it was a mistake. Thank goodness...

Bob and Whiteflash were great to work with, can't say enough about how happy I am with thier service.

Thanks also to everyone else for their feedback and help through this process.

Posted:  2/25/2005 12:14:58 PM
P: 2/25/2005 12:29:11 PM
Kaleigh
Kaleigh

Ideal Rock
Total Posts: 25,905
Last Post: 11/23/2009
Member Since: 11/18/2004
 
Oh thank god!!  I knew it had to be a mistake!!  So glad everything is ok now!!

____________________________
Piece of cake and a candle.
**ng gift**

Posted:  2/25/2005 12:29:11 PM

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