Pricescope Upgrade/Maintenance Is Complete.
We still have a few things to iron out. If you see any bugs, issues or have any concerns, let us know here in this discussion.
Perfect size with the bezels....Hi! Happy to answer.
I did it because it will be a while (if ever) before I upgrade them; truthfully, the sentimentalist in me keeps wondering if I can really part with them, since they were the first big gift my DH ever gave me (but the size-hog in me cries out for "MORE" ). In the meantime, I wanted to have diamonds that I knew were of a top-notch cut and their performance was maximized. It's what my DH thought he was giving me, but he just didn't know better and trusted the jeweler; plus, to him, D/E color was super important so that's where he really focused. And truthfully, I do love how blindingly white they are! But, once I realized how important cut was, it was only a matter of time before this conversion happened . So to satisfy both sides of me I had them recut AND put them in bezels, which should bring them to around a 7mm (or 1.25ct) appearance
That's the conclusion I came to, except the values when it's time to sell. If that's all that's offered then I'll keep themI started responding yesterday and got tied up and lost my post. Anyhow you already hit on the point of "sunk costs".
It does little for us to think about what we paid. What matters is the present and future values. You mentioned $8k. I assume that is what BGD values them at with the branding.
We frequently talk about used values and they are all over the place. Generally speaking, most people would agree you could get 50-70% of initial price.
Lower End @ 50%: $4k street value so about $4k to the good if you traded with BGD. Adjust for $1,700 branding and you now have a net result of $2,300 to the good with BGD.
High End @ 70%: $5.6k street value so about $2.4k to the good if you traded with BGD. Adjust for $1,700 branding and you now have a net result of $700 to the good with BGD.
Reality is you may keep, street value may go higher than 70% (not lower because you'd keep if less than 50% unless in fire sale conditions, at which case trade value is irrelevant as you will be seeking cash), or you may trade in to another super ideal vendor (probably for a discount equal to the branding if I were to guess).
My point is that mathematically I don't see high enough reward potential for dumping an extra $1,700 cash you could use as a security blanket or to invest and increase wealth; therefore, offsetting any potential trade or cash sale differences.