Shopsmith Forums

I have in my possession 3 mens rings (no they are not hot, family stuff ).
I don't believe that any of them are super valuable and even though they belonged to family I have no attachment to them nor do any of my grown kids.
I was thinking about selling them if they have some reasonable value like enough to buy a used Shopsmith or something.
Trouble is... I had my wife check on getting them appraised like for insurance value just so I would have an idea. Years ago I had a jeweler friend in town and if I wondered about it I could show him and he would give me a ball-park number of value and he never wanted me to pay him for friendly advice. This time I figured it will cost me a few bucks since I don't know anyone anymore. That is only fair, they are in business... WOW!!! The first guy she called said $65 for the first item and $45 for each additional item. That's $155 just to look at them... I guess I am out of touch... All three of these things together may be only worth $50. I have no idea of their value but I saw the "Hope diamond" a few years ago so I know it is not in one of these.
BTW, the second guy told her $30 an hour... Huh??
I'm not too big on dropping things like that off and leaving them. My old jeweler friend was a honest as anyone around but he told me a few horror stories...
I guess I will just toss them back in the drawer with a tag telling where they came from and let the next generation sort them out.

What would you do?


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Well here's a suggestion: How about melting them down and create something nice for your sweetie?

BPR

ryanbp01 wrote:Well here's a suggestion: How about melting them down and create something nice for your sweetie?BPR

Or maybe even for my wife...


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We don't drop anything like that off either; not anymore.

My wife had a stick pin with a large diamond in it. It was a retirment gift to her father many years ago. The diamond just sparkled and looked to be very deep.

We left it ti be appraised. She was considering having the stone moved to something she would wear. When we got it back, we were told it wasn't worth the just to reset it. She was in disbelief and very disappointed.

Later, she took a good look and is absolutelt convinced that it is not the same stone. She felt she had looked at it enough times and be intrigued by how deep and sparkly it was. It has no sparkle at all.

No, we don't drop anything off for evaluation. Do it in front of us or don't do it at all.

May I suggest taking the rings to a good jeweler and simply asking if they are of sufficient value to justify paying for an appraisal. The bottom line being if the appraiser gets his/her back up and exclaims they don't offer free services then the jeweler isn't worth their salt and have no business being blessed by future customers. On the other hand anyone offering a service that desires their business to grow should be able to take a quick look and offer a yes or no. I can't help but wonder if a jeweler who pulls a fast one that nets themselves an expensive stone at someone else s cost survives for long.

Are they gold? If so, go and try to sell them and see what they offer.
Does not cost anything to get an offer. If you go to 2 or 3 places you should be able to get an idea of the value.

What if you took them into a pawn shop to see the pawn value. That might give you idea of there worth.

There was a local jeweler here that was arrested for switching stones on jewelry brought in to repair or appraise. I would never let it out of my sight either if I had something--which I don't.

Bill

I
m with BillMeyer take them to a Pawn shop and be upfront with them tell them you are trying to figure out the value of them, they may even make you a decent offer. Otherwise a small jeweler might help you out.

fjimp wrote:May I suggest taking the rings to a good jeweler and simply asking if they are of sufficient value to justify paying for an appraisal. The bottom line being if the appraiser gets his/her back up and exclaims they don't offer free services then the jeweler isn't worth their salt and have no business being blessed by future customers. On the other hand anyone offering a service that desires their business to grow should be able to take a quick look and offer a yes or no. I can't help but wonder if a jeweler who pulls a fast one that nets themselves an expensive stone at someone else s cost survives for long.

Orrrr where they 'end' up!:eek: