After speaking to my dad today (over long distance), my dad was telling me about them needing to get some of the really nice, intricate gold jewelry that my mom bought from Thailand (ages ago) appraised as they don''t have the receipt anymore and if they had to take the jewelry out of Canada and wear it back, they would have a hard time proving that they didn''t buy it from abroad (friends of theirs had a problem with Canadian customs because of what appeared to be brand spanking new Rolex watches that they were wearing even though they were wedding gifts).
Anyway, it got me thinking as to how would the appraisers know what kind of gold (14k, 18k, 24k) that they''re appraising and thus give it a correct current market value anyway? Would the appraisers need to take a sample? If so, wouldn''t that reduce the value of the jewelry? This would apply to say, platinum/palladium for example I suppose. Otherwise how can the appraiser be sure what makeup is the metal? Is there some sort of magical device that can sniff the gold content without ''defacing'' it? Inquiring minds wanna know!
Hope this is not too far out of topic here.
Anyway, it got me thinking as to how would the appraisers know what kind of gold (14k, 18k, 24k) that they''re appraising and thus give it a correct current market value anyway? Would the appraisers need to take a sample? If so, wouldn''t that reduce the value of the jewelry? This would apply to say, platinum/palladium for example I suppose. Otherwise how can the appraiser be sure what makeup is the metal? Is there some sort of magical device that can sniff the gold content without ''defacing'' it? Inquiring minds wanna know!
Hope this is not too far out of topic here.
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