Rough ring valuation.

Rough ring valuation.

Author
Discussion

Ruskie

Original Poster:

3,990 posts

201 months

Monday 24th November 2014
quotequote all
On behalf of my parents who are getting conflicting advise from dealers about a diamond ring. I know there are some experts on here so I'm looking for a rough ball park figure.

Details are - Solitaire, Rose Cut, 2.05 Carat set in 18c Gold. Certificate of authenticity/carat. Purchased in 1995. Told there are two small chips and two flaws not visible to the naked eye.

I fully appreciate it difficult to value something like this without seeing it but I'm looking for a rough ball park figure to make sure they aren't getting ripped off.

Thanks.

Ruskie

Original Poster:

3,990 posts

201 months

Wednesday 10th December 2014
quotequote all
Yes it's old cut. 2 small inclusions and 2 small chips.

Top offer so far is £2600.

It's certificated at 2.05 carats and insured for £6700.

Ruskie

Original Poster:

3,990 posts

201 months

Wednesday 10th December 2014
quotequote all
Thanks for the help. It does have the clarity etc on the certificate but I don't have access to it at the moment. Think they paid £2500 in 1995 so they are happy with getting around that price plus they have had 20 years pleasure of wearing it.

Ruskie

Original Poster:

3,990 posts

201 months

Thursday 11th December 2014
quotequote all
ecain63 said:
When was it valued at £6k? What year?
1997

Ruskie

Original Poster:

3,990 posts

201 months

Thursday 11th December 2014
quotequote all
Sy1441 said:
Insurance Valuations aren't worth the paper they're written on when it comes to market resell value.
What point do they serve then?

Ruskie

Original Poster:

3,990 posts

201 months

Thursday 11th December 2014
quotequote all
ecain63 said:
Ruskie said:
ecain63 said:
When was it valued at £6k? What year?
1997
Pre recession then! Highly inaccurate as the price of diamonds has increased in the same way gold has.
Might be worth having it reassessed then!