Hello all,
First-time poster to these forums!
I found this ring in local consignment shop that specializes in jewelery. I was told it was a newer ring, and an estate piece. I was also told that it is somewhere around 0.20 total carats in diamonds set in rose gold (I forget the carats in gold, but I think it's somewhere around 14 or 1.
After obsessively looking at the ring while searching for others, I decided it was the one. But I also saw there was an imperfection in the little detailed swirly part (inner part of the compass north end of the ring, if that makes sense). I called to see if that was repairable, and if we could work the cost of the repair into the cost of the ring. The seller said that she can get a new one without that imperfection from her dealer.
This set off an alarm in my head because the ring was originally represented as a consignment estate piece (as opposed to a dealer-sourced resale). I actually asked the seller about this and she gave some vague, but acceptable answer involving "most of our rings are estate pieces" or something along those lines. She also mentioned that getting the piece from a dealer keeps the price down for me (not sure how that works for a business...). I asked if I could bring in an outside appraiser (no clue how much that would cost), and she said that for pieces under $1000 it isn't cost effective to have them appraised for insurance purposes. Instead you would just include the piece in your property insurance. She kindly informed me that in situations like this, "there has to be some degree of trust" between the seller and the buyer. Again, alarms...
So, before I put a non-refundable deposit on this ring, I was wondering if anyone has seen this ring before! If I can confirm where this ring comes from, I can get an idea of what it is, how much it actually costs, etc.
Thanks in advance for your help!
—Josh
First-time poster to these forums!
I found this ring in local consignment shop that specializes in jewelery. I was told it was a newer ring, and an estate piece. I was also told that it is somewhere around 0.20 total carats in diamonds set in rose gold (I forget the carats in gold, but I think it's somewhere around 14 or 1.
After obsessively looking at the ring while searching for others, I decided it was the one. But I also saw there was an imperfection in the little detailed swirly part (inner part of the compass north end of the ring, if that makes sense). I called to see if that was repairable, and if we could work the cost of the repair into the cost of the ring. The seller said that she can get a new one without that imperfection from her dealer.
This set off an alarm in my head because the ring was originally represented as a consignment estate piece (as opposed to a dealer-sourced resale). I actually asked the seller about this and she gave some vague, but acceptable answer involving "most of our rings are estate pieces" or something along those lines. She also mentioned that getting the piece from a dealer keeps the price down for me (not sure how that works for a business...). I asked if I could bring in an outside appraiser (no clue how much that would cost), and she said that for pieces under $1000 it isn't cost effective to have them appraised for insurance purposes. Instead you would just include the piece in your property insurance. She kindly informed me that in situations like this, "there has to be some degree of trust" between the seller and the buyer. Again, alarms...
So, before I put a non-refundable deposit on this ring, I was wondering if anyone has seen this ring before! If I can confirm where this ring comes from, I can get an idea of what it is, how much it actually costs, etc.
Thanks in advance for your help!
—Josh