Sunday, March 11, 2012
Tuesday, January 17, 2012
MJA testimonial by PRICESCOPE vendor
Read the post from Infinity Diamonds:
http://www.pricescope.com/forum/rockytalky/appraiser-services-t166801.html#p3036518
http://www.pricescope.com/forum/rockytalky/appraiser-services-t166801.html#p3036518
Saturday, December 17, 2011
MJA-Estate Specialists
Did you know that Metro can help you with all of your estate appraisal needs?
We can provide you with specialized appraisals for equitable distribution and estate planning purposes. Call us for more details. We have worked with many law firms in the Boston area and would be happy to furnish you with references upon request.
We can provide you with specialized appraisals for equitable distribution and estate planning purposes. Call us for more details. We have worked with many law firms in the Boston area and would be happy to furnish you with references upon request.
The Elizabeth Taylor Diamond.
Not JUST “a diamond ring,” this diamond ring just so happens to be the former Krupp Diamond, a magnificent 33 carat Asscher cut! Described by Christie’s, this diamond is “a cut-cornered rectangular-cut diamond, weighing approximately 33.19 carats.” Set in a ring, the diamond was “flanked on either side by a tapered baguette-cut diamond, mounted in platinum. With report 1132411262 dated 9 May 2011 from the Gemological Institute of America stating that the diamond is D color, VS1 clarity; accompanied by a working diagram indicating that the clarity may be potentially internally flawless.”
So not only was it more than likely internally flawless when Taylor first acquired the ring, it is still potential internally flawless with minor recutting. With 19 points over 33 carats, a VS1 “potential” inclusion could more than likely be removed and keep the Asscher cut easily above the 33 carat mark. Buying this diamond was a brilliant move by someone who really knows their diamonds.
The estimated sale price was set at $3,500,000, and sold for more than double, as the Krupp/Taylor diamond ring was sold for $8,818,500! Not bad since all reports show that the diamond ring was sold at Sotheby’s to Richard Burton for just over $300,000 in the late 1960s.
(from the Roskin Report newsletter 12/11)
So not only was it more than likely internally flawless when Taylor first acquired the ring, it is still potential internally flawless with minor recutting. With 19 points over 33 carats, a VS1 “potential” inclusion could more than likely be removed and keep the Asscher cut easily above the 33 carat mark. Buying this diamond was a brilliant move by someone who really knows their diamonds.
The estimated sale price was set at $3,500,000, and sold for more than double, as the Krupp/Taylor diamond ring was sold for $8,818,500! Not bad since all reports show that the diamond ring was sold at Sotheby’s to Richard Burton for just over $300,000 in the late 1960s.
(from the Roskin Report newsletter 12/11)
Friday, August 5, 2011
Concord MA Art Association Appraisal Event
Metro Jewelry Appraisers has been chosen to participate in the Concord Art Association's Appraisal Event on Saturday September 24 from 5-8pm.
Sunday, May 1, 2011
The USPAP Misconception
Many jewelry appraisers are listing on their websites that they are USPAP compliant or USPAP certified. USPAP (Uniform Standards of Professional Appraisal Practice)are standards developed primarily for real estate appraisers or appraisers performing in a federally regulated transaction. USPAP is a minimal standard "checklist" with no explanation of the meaning of the checklist. Jewelry appraisers may be using this "credential" to make it appear that they have some "specialized" knowledge, when in fact, it is not a requirement by anyone to be USPAP certified if you appraise jewelry. A consumer should also be aware that a gemologist is not always a qualified appraiser. A qualified gemologist/appraiser has gemology experience as well as valuation and methodology experience. Metro Jewelry Appraisers believes in truth in advertising and truth in credentials.
Thursday, March 10, 2011
A Drop in The Bucket!
(IDEX Online News) - A plastic container with $25 million worth of jewels was found in a Paris sewer on Tuesday. Police investigators believe they are part of the jewelry stolen from a Harry Winston boutique in Paris more than two years ago.
The plastic container was set in cement under a home belonging to one of the suspects. Nineteen rings and three pairs of earrings were hidden in the container.
In December 2008, four gunmen, three of them dressed as women, walked into the Harry Winston store just before closing time. With customers in the store and Christmas shoppers passing right outside its door, the four made off with diamonds and diamond jewelry worth an estimated €85 million ($108 million), one of the biggest loots in history.
It was the second time in a year that the store was robbed. After the 2008 theft, secondary insurer Lloyds of London offered a reward of up to $1 million for information leading to the recovery of jewelry.
The French police have already found some of the stolen items when they arrested nine suspects six months after the robbery.
The plastic container was set in cement under a home belonging to one of the suspects. Nineteen rings and three pairs of earrings were hidden in the container.
In December 2008, four gunmen, three of them dressed as women, walked into the Harry Winston store just before closing time. With customers in the store and Christmas shoppers passing right outside its door, the four made off with diamonds and diamond jewelry worth an estimated €85 million ($108 million), one of the biggest loots in history.
It was the second time in a year that the store was robbed. After the 2008 theft, secondary insurer Lloyds of London offered a reward of up to $1 million for information leading to the recovery of jewelry.
The French police have already found some of the stolen items when they arrested nine suspects six months after the robbery.
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