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Re: [Orchid] How Appraisals Work  
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From: KashmirBlue
Date: Tue Aug 02 20:55:19 2005
 
     
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    A jeweler contacted us from LA. His clientele are Hollywood actors,
    professional athletes, well known musicians etc. He asked us to
    appraise his jewelry line. 

    His jewelry is custom signed, but the brand is very recent (less than
    10 yrs). We gave the maximum markup we could justify (3x and 4x.) We
    appraised the first few pieces at $50,000 - $200,000. Yet, his sale
    price was still double and more what we appraised. 

    Now what criteria could we use to justify appraising the pieces at
    this value? Keeping in mind, the stones were not rare collector Burma
    ruby or Kashmir sapphire, but all white diamond goods. 

Regards,
Ed Cleveland
303-882-8855
www.kashmirblue.com

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