Daydream thread... without the rose-tinted specs

Itismehonest

OK this is completely OT but I thought someone here may know (or at least have a better idea than me - yea, so I have no idea at all).......

Jewellery. Any idea at all what jewellery valued for insurance in 1995 would be worth if sold today? eg Something valued at, say £2000 for insurance then might be worth what when sold now?
I'm not a jewellery person & it's a box of stuff that's been locked away for years so I'm thinking of taking it to one of the Fine Arts/Jewellery auctioneers but would like some sort of idea what it might be worth before I do.

Better_Days

alfie_1 wrote: »

i have relatives in sapiston and honiton. used to spend my yoof on the farm there. remember getting the train [13yrs old...:eek: ] and being picked up in BURY in the farm truck [ had to be on market day to save a 2nd trip...] i used to sit in the open back with all sorts of purchases....bliss
they filmed the outside shots of DADS ARMY by the river at the farm. i used to sit and watch them . that old great uncle farmer still there in his 90s....

Not far from Sapiston here Pretty countryside and not over-developed (yet). St Edmundsbury has a 'vision' which involves some substantial housing development - unfortunately it is likely that the infrastructure will not keep pace.

Never knew that about Dad's Army - you learn something every day

I do like Bury although it is not quite the same since the cattle market was replaced by a shopping centre. And the market is struggling because of the increasing rates and cost of parking. But it is 'progress' I suppose. :eek:

COOLTRIKERCHICK

ITSME... as you know, insurance value is normally a lot more than what you would get for an item at auction etc, they normally value it at 'retail price'

As with all things prices can be up one minute, and down the next.

I must be honest and say I know [EMAIL="s@d"]s@d[/EMAIL] all about jewellery:D BUT when ever I see flog it etc they seem to value jewellery at scrap value of the gold/silver etc

rhiwfield

Itismehonest wrote: »

OK this is completely OT but I thought someone here may know (or at least have a better idea than me - yea, so I have no idea at all).......

Jewellery. Any idea at all what jewellery valued for insurance in 1995 would be worth if sold today? eg Something valued at, say £2000 for insurance then might be worth what when sold now?
I'm not a jewellery person & it's a box of stuff that's been locked away for years so I'm thinking of taking it to one of the Fine Arts/Jewellery auctioneers but would like some sort of idea what it might be worth before I do.

Itsme, from what I've seen there is a fashion element to the pricing of jewellery which impacts on the underlying value of gemstones and precious metals. And insurance values, as you well know, are generally higher than values realized at auction sale.

I'd take the items to one or two auctioneers and see what values they suggest. My very limited experience is with costume jewellery

Itismehonest

COOLTRIKERCHICK wrote: »

ITSME... as you know, insurance value is normally a lot more than what you would get for an item at auction etc, they normally value it at 'retail price'

As with all things prices can be up one minute, and down the next.

I must be honest and say I know [EMAIL="s@d"]s@d[/EMAIL] all about jewellery:D BUT when ever I see flog it etc they seem to value jewellery at scrap value of the gold/silver etc

Yes, pretty much what I thought, CTC.
I vaguely remember something like the insurance value was approx twice the sale value but that was from many years ago.
This includes a lot of items with stones & ranges from relatively cheap & cheerful to some quite expensive pieces (well, items over £10K in 1995 so not exactly the Crown Jewels :rotfl: )
I was just wondering if there was some sort of ball-park calculation to give a vague idea of the changes over 20 odd years.
I'll probably just have to haul it along to the saleroom & see what they say, I guess.

Itismehonest

rhiwfield wrote: »

Itsme, from what I've seen there is a fashion element to the pricing of jewellery which impacts on the underlying value of gemstones and precious metals. And insurance values, as you well know, are generally higher than values realized at auction sale.

I'd take the items to one or two auctioneers and see what values they suggest. My very limited experience is with costume jewellery

Thanks rhiwie. I think I'll do just that. I'll give some of the auctioneers a call tomorrow.

COOLTRIKERCHICK

Would it be worth you looking to see if there is any specialist jewellery auctions ???

By the sounds of it, it might be worth making sure they go into a higher style auction with the fine arts etc,

BUT it wouldn't do any harm going into a 'proper' jewellers first and see if they would be interested in buying any of them, if so keep a note on what they offer, and then go to the auction house and see what type of guide line price they give you ( this will only be a guide, so it could not make that figure, or go well over it)

Also make sure they tell you how much the seller's premium is, and also add the vat on top of that

Itismehonest

COOLTRIKERCHICK wrote: »

Would it be worth you looking to see if there is any specialist jewellery auctions ???

By the sounds of it, it might be worth making sure they go into a higher style auction with the fine arts etc,

BUT it wouldn't do any harm going into a 'proper' jewellers first and see if they would be interested in buying any of them, if so keep a note on what they offer, and then go to the auction house and see what type of guide line price they give you ( this will only be a guide, so it could not make that figure, or go well over it)

Also make sure they tell you how much the seller's premium is, and also add the vat on top of that

Yes, I was going to try the Fine Arts places like Bonhams. This is what was left after a load went to Christie's many years ago when we were up country. It's been in our loft since we moved here _pale_ I think it might be better shifted than packed up by removal men when we sometime/never move

Talking of which, checked again yesterday & there's no change on the availability of mortgages for mixed use so it's still cash buyer territory & still nothing moving locally. I asked about taking a sledge hammer to the remaining cottage but was told I'd probably fall foul of planning if I did. No win situation, eh?

alfie_1

itsme..... are you saying some of these jewellery bits cost over 10,000 each ?? in which case im guessing it must be diamonds or similar of a very high standard to be that much in 1995...
insurance values are based on "what it would cost to replace the item "... so its a buyers market not the sellers. gold/silver/platinum prices have upped and downed dramatically.
if they are a rare antique designer/style they MAY have increased in value.
in the case of new items ,sadly what you paid aint what they sell for...

Itismehonest

alfie_1 wrote: »

itsme..... are you saying some of these jewellery bits cost over 10,000 each ?? in which case im guessing it must be diamonds or similar of a very high standard to be that much in 1995...
insurance values are based on "what it would cost to replace the item "... so its a buyers market not the sellers. gold/silver/platinum prices have upped and downed dramatically.
if they are a rare antique designer/style they MAY have increased in value.
in the case of new items ,sadly what you paid aint what they sell for...

They're all antique items, alfie. I'll PM you.
Actually, just checked & it's a mixture. Older & newer (well not that new the owners all died before the 60s).