[Jewelry making - Article 00327] - Re: [Orchid] How Appraisals Work

[Jon DiNola]

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    This is a hold lot that goes into an appraisal if it is done
    properly, It's not just weighting the metal and adding up the stone
    weigh and adding a labor charge. Get Cos Atlobelli's or Ralph
    Joseph's book on appraising, these will give you a good idea what is
    behind it.  Many or should I say most people that appraise  have no
    idea what they are doing, and that's unfortunate. They think because
    they sell jewelry and and have been doing it for a few years they
    know how to evaluate it. They may even have taken a few GIA classes
    or even became a GG through the GIA but all that does is makes them
    an authenticator (one who can tell you what the stones are). Can they
    tell or test the metals for karat, can they tell if it's hand made,
    cast or die struck, can they tell if it a mass produce item or is it
    a one-of-a-kind, do they know the difference in qualities, have they
    don't market research on the item and do they know the proper
    methodologies to follow so that a fair dollar value can be placed on
    the item????? It's a shame what goes on in appraising and that there
    is no incensing required, check the credentials on the person that
    did the report on your item, do they have any formal appraisal
    training or are they just a want to be?  Also you must consider the
    opposite side, is your piece up to snuff or are you putting to high
    of a value on your own work?  Do you regularly sell similar items for
    the value you think your item is worth?  A lot to be considered here!
    Good luck. 

Best regards,
Jon
jondinola AT comcast.net

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