How do they appraise a ring/setting?

[smooleys]

I was wondering how an appraiser would value a setting from Mark Morrell. Do they know how much it costs...do I tell them? I would guess so otherwise, how would they value one platinum setting from another. Anyone know?

 

[denverappraiser]

I can’t speak for all appraisers, but how I appraise a Mark Morrell piece for insurance replacement purposes is by estimating how much Mark would charge to replace it with another one just like it. How do I do that? I ask Mark.

Neil Beaty
GG(GIA) ICGA(AGS) NAJA
Professional Jewelry Appraisals in Denver

 

[Richard Sherwood]

I figure how much a top end custom design jeweler would charge for a similar piece. Usually Mark falls within that range. He''s not cheap, but none of those top end masters are.

 

[LostSapphire]

Neil/Richard:

I am taking my custom Jeff White Sapphire/Whiteflash setting in to an appraiser tomorrow. I have provided him with all of the documentation provided to me by Jeff and WF.

Is there anything else I should do? Things I need to point out?

The other issue is that I am in Canada, so this appraisal needs to be done for my CDN insurance policy. WF provided a rather sketchy appraisal with the ring, which was basically a reprint of the bill of sale, with reference to the size/shape of the sapphire (ie: they didn''t source it so they provided no detail).

Can I expect much more with an independent appraiser?

Thanks

LS

 

[Richard Sherwood]

Depends on the appraiser, but I think most would give you more insight and more information on the stone and semi-mounting than you have now.

I think you have given him or her enough information for now, and should just sit back and see what he or she has to say about it now.

 

[LostSapphire]

Thank you Richard.

LS