Jeweler Prevails in Lawsuit Over Necklace Valuation

 

A jury has ruled in favor of a jeweler who was accused of over-charging for an $800,00 necklace, according to a report in the Louisville Courier Journal.

 

Louisville jeweler Jim Jackson had sold an $800,000 necklace to the late Robinson S. Brown Jr. in 2003. Following Brown’s death, his heirs sued Jackson, claiming he misrepresented the necklace’s value. Jackson originally paid $500,000 for the piece.

 

According to the report, Jackson said the three years of litigation had been “devastating” to him.