Platinum solitare .25ct diamond ring - worth lb995 fir insurance?
do you think the below description is a true importance?
"ladies platinim solitare. A .25ct brilliant cut diamond in a platinum claw setting. Platinum shank, hallmarked surrounded by edinburgh. weight of ring 5.5gms. Loupe verbs."
worth lb995??
thx!!
Answers:
Let me give U some workings of prices on diamonds alone first. Weight of diamonds are grade in carat:
1 ct. - 100 points
1/2 ct - .50 "
1/4 ct - .25 "
Now ur diamond is .25ct & the middle-of-the-road brilliant cut - U did not mention what grade as within colour, or VVs, VS1, VS 2, SI 1 , SI 2 , or even "piquet" range . VVS - outstandingly very slight , VS1 - awfully slight "inclusions" 1 quality , SI 1 - 3 is evident to the naked eye, the "inclusions", could connote bubbles, feather, carbon specks & more.
The cost of ur solitaire .25ct., VS, G-H colour, should cost NOT MORE THAN $125 POUND , (not competent to type the pound sign) .
The setting, if in platinum, in attendance should be a mark stamped "PLAT" to certify it is platinum. If it is the everyday 18kt WHITE GOLD , 14kt WG. the mark wil be 18K , 14K, which is a mixed platinum & other metals to kind up the WHITE GOLD metal for setting of jewelry. Again this setting, if in PLAT should not cost U more than - $90 POUND .
DIAMOND RING - $125 + 90 = $215 POUNDS
Please dont allow the valuers to appeal your ring to such a high price unless U own paid $995 not knowing the actual retail cost. Next time when U are out looking for another piece of diamond jewelry to buy, I suggest U step to Chinese jewlers or make a trip to Hong Kong to buy adjectives the things ur heart desire.
It is the jewelry centre & U will be in motion crazy just seeing the amount of shops beside the diamond & all precious gems on display.
Not sure, sorry.
What is the ring's appraised appeal?