[Jewelry making - Article 00510] - Re: [Orchid] Appraising Question

[Gerry]

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    All, The only appraisal I would accept would be an appraisal based
    upon the selling price of similar items at the retail level during a
    specified period of time.  That appraisal would only be valid for the
    short term as prices fluctuate rapidly.  For one of a kind pieces of
    jewelry that contain custom stones the appraisal process becomes even
    muddier. The appraiser must be proficient and trained to judge the
    cost of manufacturing a custom jewelry piece and the custom stone. 
    Many times I have been asked to give my estimate for the cost to
    replace a custom stone.  My answer is it will vary according to if
    the stone is available and if the cutting can be reproduced.
    Appraisers do not want to hear this and that is why most custom
    stone jewelry has bad appraisals. 

Gerry Galarneau
www.galarneasugems.com

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