Post # 1
A couple weeks ago, I wrote a post asking for advice on how to talk to me SO about possibly buying a vintage ring I’m in love with, even though we’re not planning on getting engaged until next year. I got some great advice, SO and I discussed it a bit, and we decided to inquire about the ring’s appraisal and certification.
Wellll, the seller (the ring is on Etsy) is kind of giving us a bad vibe. For one thing, he didn’t respond to our message for a few days, which is really out of the ordinary for an Etsy seller (every one I’ve worked with has been super prompt). Maybe he was out of town or something–whatever.
The other thing, and this is where I need some advice, he said the ring was appraised for $15k, but he’s selling it for half that. Is that a typical practice for vintage jewelry? It sounds odd to me. Does anyone have any experience with vintage rings or know of any good resources I could turn to?
Post # 3
@keylimepie: the ring was appraised for $15k, but he’s selling it for half that
Sounds fishy to me!
Post # 4
@keylimepie: Have you got a link? Can PM me if you’re more comfortable with that. But that sounds super odd to me
Post # 5
- Wedding: August 2013 - Rocky Mountains USA
That sounds reasonable to me. The appraisal value is what it would cost to recreate the exact ring, new. But used / vintage / antique / heirloom / what have you jewelry ALWAYS sells for much lower than the appraised value.
Still, I would definitely want to see the official paperwork (and have it checked out by a jeweler) before purchasing anything.
Post # 6
@lolot: Hmmmm that does make sense. I think I’ll message him back and ask to see it. I can’t put my finger on it exactly, but something about the whole exchange was a little off.
The ring is in NYC, and I’m in the Bay area, but I guess I could have another appraiser here at least look at the official report?
@alsgirl: I’ll PM you the link!