(Closed) E-ring appraisal in NYC

posted 6 years ago in New York City
Post # 3
1 posts
  • Wedding: March 2013

I recently used Just Appraisers (no conflict as they don’t sell rings and they provide very professional reports that top insurers use).  Cost of $350.

See http://www.justappraisers.com/html/about.html

David Wolf – the owner – was great…feel free to say Ron Shapira referred.

Post # 4
111 posts
Blushing bee

Does your stone come with a GIA report?

I usually go to a shop where they have a Graduate Gemologist (GG) of the Gemological Institute of America (GIA).

Google it online, call them up and ask how much they charge. If it’s a simple stone it shouldn’t take more than an hour for everthing, including a typed appraisal report. Most people in NY charge about $150 per hour. Do not leave your ring with them. Watch them do it right there, so they won’t switch your stone.

Post # 6
7 posts
  • Wedding: April 2012

@Diana R.: Macys Herald Square has an appraisal department.  I took my ring there.  They were super professional and explained everything to me in detail.  If I am not mistaken they only charge 10% of the appraisal value.

Post # 7
786 posts
Busy bee
  • Wedding: December 2014

@Nycheartlondon: 10% of the appraisal value??? Thats really nuts. I would have paid them over 2500.00 for an appraisal if that were the case. Even charging 1% of the appraisal value would way too much for many rings (if the ring was appraised at 50,000 it would be a 500 dollar appraisal…which is too much in my opinion).

Post # 8
8738 posts
Bumble Beekeeper
  • Wedding: September 2011

@Nycheartlondon: 10% of the appraisal value is crazy. That would have meant over $1,500 for an appraisal.

My Darling Husband got my ring appraised by an independent GIA diamond appraiser. He did not work at a place that sold any jewelry or diamonds, he just appraised them. I think Darling Husband paid about $100 or so for the appraisal.

Post # 9
18 posts
  • Wedding: November 2013

@RhubarbPie:  I had my ring appraised at Macy’s and I did not have a problem.  The amount you pay is dependent on how much the ring is appraised.  Macy’s charges $25 for value under $2500, or 1% of the total value. If your engagement ring is appraised at $50,000 then you pay $500.  That may sound like a lot of money, but if you are walking around with a $50,000 ring then $500 should be a drop in the bucket.

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