I''m a little surprised after having an independent appraisal (not by an appraiser listed on PS, but someone that he recommended to me because he was going to be out of town) of the engagement ring that I just bought.
The ring was a WF ACA H&A with two WF ACA sidestones in a custom setting.
After convincing the appraiser that the setting was indeed custom-made, he appraised the entire piece at about 0.5% above the WF price.
The "feel good" appraisal that WF sent along with the ring, was about 35% above the WF price.
I understand the nature of, and the purpose of, the "feel good" appraisal that came from WF. I''m not looking at that one as "realistic."
But given the fact that I bought the ring online from a highly reputable source, I was fully expecting the independent appraisal to come in at more than 0.5% above the retail price - since I''m sure I would have paid substantially more for the same ring at a B&M.
I''d be interested in any feedback anyone can give me - is it a good sign that the cost and the appraisal were almost identical? Should I feel that I paid too much for the ring? Should I feel that the appraisal is out of line?
Any thoughts would help ease my mind - I love the ring so it''s not buyer''s remorse - just surprise and confusion.
Thanks
The ring was a WF ACA H&A with two WF ACA sidestones in a custom setting.
After convincing the appraiser that the setting was indeed custom-made, he appraised the entire piece at about 0.5% above the WF price.
The "feel good" appraisal that WF sent along with the ring, was about 35% above the WF price.
I understand the nature of, and the purpose of, the "feel good" appraisal that came from WF. I''m not looking at that one as "realistic."
But given the fact that I bought the ring online from a highly reputable source, I was fully expecting the independent appraisal to come in at more than 0.5% above the retail price - since I''m sure I would have paid substantially more for the same ring at a B&M.
I''d be interested in any feedback anyone can give me - is it a good sign that the cost and the appraisal were almost identical? Should I feel that I paid too much for the ring? Should I feel that the appraisal is out of line?
Any thoughts would help ease my mind - I love the ring so it''s not buyer''s remorse - just surprise and confusion.
Thanks