QuestionQUESTION: Hi,
My name is Anthony. A few months ago I broke up with my fiance of 4 years and just this last week got the ring back from her. I am looking to sell it but don't know exactly how much I should be looking to get for it. I have the GIA certification for it. It is a round brilliant cut (measurements 4.39-4.43 x 2.74 mm) with a 0.32 carat weight. As for its finish, its polish is good and symmetry is very good. Its clarity is a VVS1 with a chip listed as a characteristic. Its color grade is a G. I have it in a white gold setting (though for the life of me I can't remember what carat gold the ring itself is). It was custom made by a friend of mine some years ago who used to do jewelry. I'm hoping to get at least a thousand for it so I can have a bit more money for graduate school. Any idea exactly how much I should be able to get for it? Thanks a ton.
ANSWER: Hi Anthony,
You certainly have an advantage. A GIA Certificate is a big point in selling a diamond.
Before I know what to tell you I would need to know more about the ring such as Penny weight, Quality of workmanship. Type of construction. Detail of carving, labor and time involved to create it, Is it designed by a certain company.Fineness of the gold.
You have: "Its clarity is a VVS1 with a chip listed as a characteristic" That would be important to look at.
I would have to look it over carefully to know what to tell you.
Arthur DeMello GG (GIA)
Independent Appraiser
---------- FOLLOW-UP ----------
QUESTION: I don't know how much of the information taht you want that I can give you unfortunately. Here is everything that is on the GIA card that I have with it:
July 17, 2003
Laser Inscription Registry: GIA 12707056
Shape and Cutting Style: Round Brilliant
Measurements: 4.39-4.42 x 2.74 mm
Weight: 0.32 Carats
Proportions:
Depth: 62.1 %
Table: 57 %
Girdle: Thin to Medium, Faceted
Culet: None
Finish:
Polish: Good
Symmetry: Very Good
Clarity Grade: VVS1
Characteristics: Chip
Color Grade: G
Fluorescence: None
Comments: None
About the ring itself, I don't really remember that much about the setting. If I remember right though, my friend had made it for me at cost and the diamond was about $900 and the setting was about $100. He had told me that if I was to have bought this from a jewelry store, it would be in the $1500-$2000 range.
I'm hoping to sell it to a friend of a friend, but just want to make sure that I am not overcharging him / underselling myself, so I'm hoping to sell for maybe $1250-$1500.
Does that sound reasonable?
Thanks so much.
-Anthony
ANSWER: Anthony,
The GIA Information is fine. I would have to look at the setting before i would know the value. Also I would need to know the city that your located in and the country as well. The price of jewelry varies from place to place. 1250 - 1500 isn't bad however it might not be a bad idea to show the ring to an appraiser.
Sincerely,
Arthur DeMello GG (GIA)
http://www.jewelryappraiser.info
---------- FOLLOW-UP ----------
QUESTION: I konw this sounds probably like a dumb question, but what would my best bet be as far as seeing an appraiser? Should I just go to a jewelery store and ask there? I'm sorry if I'm bothering you with these questions - but thank you much for any help you can give me. Oh, and if it makes any difference, I'm from San Antonio, TX in the US. Thanks again.
-Anthony
AnswerHi Anthony,
Here are some appraisers I found in your area,
APPRAISER
Mark Sadovsky Jeweler
Mark Sadovsky
70 NE Loop 410, Suite 260
San Antonio, TX 78216
Tel: 210-377-1818
Fax: 210-377-1796
mark@sadovskyjewelers.com
EDUCATION
J-BAR Course; GIA - Diamond Appraisal
JEWELRY ORGANIZATION MEMBERSHIPS
Jewelers Of America; Jewelers Board of Trade
APPRAISAL EXPERIENCE
35 Years Insurance Replacement, Estate Liquidation Appraising
--------------------------------------------------------------------------------
APPRAISER
Reznikov's Fine Jewelry
Theodore Warren Resnick
11858 Wurzbach Road
San Antonio, TX 78230
Tel: 210-493-4301
Fax: 210-493-6256
tr@rjewelry.com
www.rjewelry.com
CREDENTIALS
GIA GRADUATE GEMOLOGIST
EDUCATION
J-BAR Course
JEWELRY ORGANIZATION MEMBERSHIPS
Jewelers Of America; National Association Of Jewelry Appraisers; Texas Jewelers Association
APPRAISAL EXPERIENCE
22 Years Appraiser Insurane IRS Loss Reports
I hope one of these people can help you, otherwise I can help you but I would need to see the ring.
Good luck.
Arthur DeMello GG (GIA)
http://www.jewelryappraiser.info
