Is it normal for a e ring to appraise much much higher than what I paid for.

Original post by antoinette

Feb 03, 2004 11:34 AM

- what do you think?? should i get it apprraised somewhere else or is it a good thing.

deby Posted: Feb 03, 2004 02:15 PM

Re: Is it normal for a e ring to appraise much much higher than what I paid for.

It's normal.

But like many here said, you should get an independent appraisal. My mom uses the judge jeweler and he does a great job. Make sure you bring your GIA papers because having a GIA ring raises the value of the ring as well!

Most insurance companies require you to get an appraisal every two to three years, so the value stays up to date.

Jenny5150 Posted: Feb 03, 2004 02:41 PM

Re: Is it normal for a e ring to appraise much much higher than what I paid for.

Appraisals are usually double the value or what you paid b/c they assume you're not going to get your ring/jewelry appraised every 1-2 years like you should. They're usually appraised at what the price would be 10 yrs from now.