I am often asked if retail values on appraisals are “realistic” or “overinflated”.
I have people ask me all the time to explain exactly what a “retail replacement value” or “appraisal value” is, so I will try to make this short and to the point.
Most importantly, the majority of appraisals are for insurance replacement value, or an “on demand” price. An example of "on demand” would be someone who has lost a unique piece and walks into their local jewellery store to replace it with something very similar. In this type of situation, a new wax mould must be designed, all gems must be sourced, and the piece must be made in a timely manner. Therefore, taking the time to hunt for a great price usually isn’t an option.
“On demand” jewellery generally has a 200% to 800% markup at the retail level, and sometimes even more. This partly depends on the supply chain of an item. For example, gold, platinum, silver, and diamonds are controlled commodities. This means that there are large companies that do the mining and then have sub-contractor companies buy the metals or rough gemstones from them and turn them into sellable pieces. These companies then sell to wholesalers who in turn sell to retailers, so the difference is quite small between Appraised Value and Fair Market Value because the materials are easily accessible by your average independent retailer.
However, gems like ruby, emerald, sapphire, and most other coloured stones have historically had a very long supply chain. They can pass through literally dozens of hands before they end up with a retail jeweler. Often, gemstone rough will pass through five or more people before it even gets cut, and all along the way everyone is taking some profit.
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So what does this mean for your Appraised Value? It boils down to this: an item that has an insurance or “on demand” appraisal value of $1,000 starts anywhere from about $42 to $200 when a jeweler is buying the item outright from a wholesaler like Skyjems. This price then jumps to about $100-$500 when the item is taken on approval for the client to see (often called “Memo” in the trade).
Fair Market Value is the cash retail selling price and is generally about 50-65% of the “on demand” retail. The term "Fair Market Value" generally refers to the amount that a typical buyer would pay for a given product in a competitive marketplace.
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The crown holds two supreme sapphires, the Stuart Sapphire and St. Edward’s Sapphire among a number of other famous gems, including the Cullinan II Diamond and the Black Prince's Ruby.
Both of these blue gems are precious in their own right, and have each taken their own journey before arriving in the English crown where they now sit.
Legend has it that sometime during his early rule, the pious and generous king gave his ring to a beggar one day when he ran out of coins after giving money to all the other beggars he had encountered.
Many years later, two Britons on pilgrimage in Syria were said to have encountered a man that claimed to be John the Evangelist, who had been in disguise as a beggar in England years earlier, and he gave the pilgrims Edward’s sapphire ring to take back to the monarch, saying that Edward would soon be allowed to see “paradise” in six months.
Upon their return to England, the pilgrims delivered the ring and John’s message to Edward, who accepted the ring and began preparing for his own death.
St. Edward then died six months later in 1066, and was buried in Westminster Abbey only one week after its final consecration; at this time, St. Edward's Sapphire was buried with the deceased king among a number of other ornaments.A depiction of St. Edward the Confessor.
The planet Saturn and ‘Shani’ have a huge influence on the lives of humans.
Depending on its position on the horoscope of the person, it provides the extremes to them.
It means if it is in an auspicious position, the native will be extremely successful, their growth will be unstoppable and everything will run smoothly without any obstacle.
However, if there is a negative influence of Shani, then native has to go through hurdles and obstacles in every step of their life.
The gemstone aassociated with the planet Saturn is Blue Sapphire.
The white sapphire is also called as pukhraj.
This significant gemstone is colourless and transparent.
The White Sapphire Price in India or the White Pukhraj Price begins as low as 1500 per carat and can go up to 25000.
Recollect the White Sapphire Price is needy upon the quality correspondingly as size.https://www.gemstoneuniverse.com/choose-gem/buy-white-sapphire-gemstone-online-india.html
Gemstone rings are worn by women and men majorly because of astrological reasons and are a perfect way of using the benefits of a gemstone to our benefit.
At Lion Song Jewelry, create a sapphire gemstone ring that's perfect you.
We offer a stunning range of blue sapphire rings for women.
From wedding bands to fashion statements, our collection comes in many designs for any occasion, style and budget.
Find our exclusive collection of sapphire rings, blue diamond rings and gemstone rings online.
Our diamond engagement rings with sapphires are an excellent gift for a special person in your life.
Yellow sapphire stoneYellow sapphire is the gemstone of juiter, the guru of the gods.
Wearing this Stone not only brings blessings of Brihaspati Dev but also brings happiness in married life.
In Sanskrit, Pukhraj has been called the 'Push Raja'.
Wearing a Yellow sapphire is also beneficial in areas associated with Jupiter.Benefits of Yellow sapphireGirls who are not getting married or whose marital life is not going well, they benefit from wearing Pukhraj Stone.A happy couple can wear Guru's Stone Pukhraj for life.Wearing yellow sapphire in religious and spiritual works increases interest.
It also increases the honor of the gems in society.Pukhraj Stone can solve this problem if you have trouble making decisions.
Wearing yellow sapphire improves decision-making ability.Yellow sapphire stone can be worn to get rid of stomach related diseases and disorders.This gem is also worn to increase intellectual capacity and intelligence.In matters related to law, Yellow sapphire stone provides immense benefits.Parents wishing to fulfill the wishes of children can wear a ring of Pukhraj Stone.The yellow sapphire stone ring also helps in eliminating money related problems and enhances prosperity.How to wear Yellow sapphire stoneYellow sapphire should be worn on Thursday.
