When a piece of jewellery is being valued for insurance purposes would the style of the ring affect the price or is it just purely on materials and workmanship that the item is valued?
e.g. would an eighties style ring affect the value more than a classic style ring would?
Style has a lot to do with value in some pieces. If a designer created the style, if the style became well known and accepted, then there would be a plus to the value. This covers all periods of manufacture.
Style sometimes can become fashionable a second or a third time and alter the value without any reference to a famous maker, too. Look at Art Deco generic items as an example. They are highly prized today compared to 20 years ago and the value has changed wfor the better when the item is in very good shape. When fashion changes, look for a value decrease.
Workmanship and metal intrinsics don't vary so much without changes in labor rates or precious metal costs. Style and fashion drive value in much more forceful ways than the underlying basic costs.
In the above link I have posted a ring I was considering buying. Would this style, which I think looks 80s style, affect the value today in a negative manner or do you think it would just go on materials/workmanship?
Styles come and go. A friend of mine was admiring my ring--it's my grandmother's engagement ring, still in its original 1929 setting--and told me regretfully that her grandmother's was similar, but her mother had it reset in the 80s, when the deco look seemed dated and old-ladyish. Fast forward twenty years to nowadays, and an original deco setting adds value. Who knows, maybe soon an original 80s setting will add value too?
I think if you love it, if the quality is good, if the price is right, if you can afford it--then you should get it.
Thank you, no I am not buying the ring now. I am just wondering if this type of ring would lower the price a bit as Oldminer was saying. I think I will go classic setting anyway for the solitaire I am intending to buy.