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re: Friend has a ring appraised at 10K, what should they do?

Posted on 2/6/17 at 7:18 am to
Posted by tigeraddict
Baton Rouge
Member since Mar 2007
11811 posts
Posted on 2/6/17 at 7:18 am to
Insurance replacement appraised valve =/= sell value

Selling it to a jewelry store will be fro the value of the gems and the gold

selling it to someone through craigslist will be lucky to get $2k fro that ring

Just pass it down for it's sentimental value.

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