appraisal Question

[pad3006]

Hi everyone;
I am going to have a pink spinel ring to get appraised. I got the name from the list of appraisers in my area from this site.
I am wondering if there is anything specific I should be sure to ask for while it is appraised?
They told me on the phone that I get to watch them examine the stone and they will explain everything about it to me and that I get a report about it when I leave from what i understand. thanks

 

[MingmehDorji]

Hi Pad3006,

First of all ask yourself why you want to appraise it for ???

1) Is it for Insurance ?
2) Is it for shipment purposes ?
3) As tangible assets ?
4) as collateral to bank/someone ?
5) to sell to someone ?

And, ask or inform your appraiser if it is appraised as ;

1) replacement cost ? (which sometimes most impossible to replace)
2) Retail Cost ?
3) wholesale cost
4) Consumer cost ?

All this matter to the final price he will give you.

Bon.