Appraising for consumer Resale Part 2

[EDITOR’S NOTE: This is the second in a two-part question-and-answer column on consumer resale appraising. The first, (see JCK, March 1997, pp. 130-131) covered basic considerations. This column deals with broader but equally as important issues.] A potential client indicates he is in a temporary financial bind and requests your opinion on the “fair resale value” of some jewelry. He is confident the “value” of some, or all, of his items will be sufficient to handle his current financial emergency. He also indicates one or more of the items belonged to his recently departed mother and that he might need “value for estate tax.” He presents the following items: A solitaire “engagement” ring containing one round brilliant-cut pink diamond. A fine and heavy ruby bracelet. A uniform cultured pearl necklace. A d
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