[Jewelry making - Article 00520] - Re: [Orchid] Inflated appraisals

[Stones]

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    It is not just the one "apraiser" that you refered to (and it is not
    just EBAY). Jewelry items with apraisal certificates at every auction
    site I have checked out seem to be valued at about 10 times the
    actual selling price. There seem to be a few apraisal services that
    routinely supply certificates with these highly inflated values. One
    seller on one of the auction sites has this disclaimer: 

          The Estimated Retail value is for insurance purposes only to
          obtain insurance and should not be used as a guide for what you
          pay. Please note that Retail & Replacement Certified value can
          be different from Market Value and are subject to change from
          store to store. <> is a partner company of <>Auctions. 

    One other tactic used is to have an item with multiple stones with a
    wide range of clarity. The description then refers to the pieces
    clarity as being that of the cleanest stone. If you don't read
    everything closely, you can be fooled easily.
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