adrift02
Rough_Rock
- Joined
- Apr 18, 2011
- Messages
- 40
Hi All,
Just received my ring from White Flash and had a quick question regarding the in-house appraisal that came with it. The purchase price of the stone and setting was $5,000 total after some discounts. The in-house appraisal marked up the stone considerably, the setting a bit as well, for a total appraised value of $7,800.
Now, I would expect that to happen to some extent (make your customer feel like they got a great deal). But, I wanted to ask those who have purchased from WF, how much did your third party appraisal differ from the in-house one that came with the ring? I would be happy with a slight markup in value when insuring the ring, but a difference of $2,800 seems extreme. Just wondering how much your rings were over-valued in-house.
Thanks!
Just received my ring from White Flash and had a quick question regarding the in-house appraisal that came with it. The purchase price of the stone and setting was $5,000 total after some discounts. The in-house appraisal marked up the stone considerably, the setting a bit as well, for a total appraised value of $7,800.
Now, I would expect that to happen to some extent (make your customer feel like they got a great deal). But, I wanted to ask those who have purchased from WF, how much did your third party appraisal differ from the in-house one that came with the ring? I would be happy with a slight markup in value when insuring the ring, but a difference of $2,800 seems extreme. Just wondering how much your rings were over-valued in-house.
Thanks!