Jewelry Questions

5 Diamond Solitaire Pendant

Q.1 lady's diamond solitaire pendant in 14kt yellow gold with 14kt gold channel setting weight approx. 5.4 grams. The pendant measures approx. 33mm in lenght and is an open design with the stone set into the opening. The diamond is a round brilliant cut diamond measuring approx. 6.660 x 6.55 x 3.90mm and weighing 1.07 carat, clarity: I2, Colour: I/J, Estimate value: 6090.00 ASKING: $4800.00 firm. 1 diamond tennis bracelet in 14kt yellow gold with 14 kt yellow gold claw setting. The bracelet contains 60 round brilliant cut diamonds weight 1.5 carats. Colour: J/K, clarity: SI1 to I1. Estimated value: 3780.00 ASKING: $2500.00 firm. 1 diamond engagement ring set in twisted 14kt yellow gold band. The diamond is a round brilliant cut diamond weighing .76 carat. Estimated value: $4300. ASKING: $3100.00 firm. Appraisal dated 9/5/01 available for all. Will consider less if considering all pieces.

A.Last year I bought some (new) earring and I was surprised to see the jewelry store provide me with a written appraisal document for twice the amount they were charging me for the earrings. If I tried to sell those earrings I would probably not get more than 1/2 the price I paid. So, what is an appraisal supposed to mean?

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