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Should Jewelers Appraise The Diamond Engagement Rings They Sell To You?
Many Jewelers issue Appraisals on the merchandise they sell at the point of sale. How helpful and valid are these Appraisals? If you lose your diamond engagement ring, wedding band, or jewelry or it is stolen and you file a claim how well will you fare with your Insurance company? Some issues to consider:
Jewelers' conflict of interest in appraising the merchandise they have sold to you.
Assessing future replacement value vs. current transaction value.
A statement of value demonstrating items worth to whom, when, and under what circumstances.
Informative discussion now going on Here
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