[Jewelry making - Article 00593] - Re: [Orchid] Inflated appraisals

[Donna S.]

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    Thanks to everyone who responded! I'll address some of your
    comments. Daniel (Sprirer) mentioned that he hopes that I paid much
    less than the "appraised" value. I want to assure you--yes, I did.
    Here's a rundown: four carved Italian coral roses, total 32cts: paid
    approx. $29 total for the lot; the appraised value was $1300. Lemon
    Citrine faceted stone (sorry for my prior mistake in terminology,
    Jerry in Kodiak, thanks for the correction!), paid about $40,
    appraised value $1300. (That $1300 must be a lucky 13 for them...)
    12.66 cts Lapis Lazuli (two pieces), paid $5.75, appraised at
    $1,000. 10mm South Seas pearl, paid $11.50, appraised at $800. 

    Truly, I am pleased with the pieces. They are very pretty, and I'll
    use all of them. But, Daniel, if I can sue them to have them
    replaced by stones that are more true to their appraised values,
    maybe I should just buy up more from them--sue them---sell the
    replacement jewels, and then pay off the mortgage of our house! 

    Eva G.G. said that "There is not regulation in the industry nor is
    there any certification.". Really? Is that true? A person has to be
    "certified" in some way to give someone a manicure, but there is no
    gem appraisal certification program? Why is that the case? 

    Stones said, "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." Well, looks like this guy has them beat!
    Check out the Lapis Lazuli appraisal: over 150 times the actual
    selling price. 

    Thanks, everyone, for your thoughts on this! Now I need to go play
    with my sparkly retirement investments. Please pass the caviar. 
    <just kidding> 

Donna S.
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