True value of valuable goods

If anybody's ever won a piece of jewellery or watch. Have you had it valued and if so was there a difference between the values?

Comments

  • TheMoneypit
    TheMoneypit Posts: 4,404 Forumite
    Part of the Furniture 500 Posts
    I won a Krug Brumen watch from Watches2U once. They valued at £165. I'd say more like £20 which is what they were selling on ebay for.
    Prize fund 2025 £18 Prize Fund 2024 £1660
  • BlueBella
    BlueBella Posts: 10,374 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Photogenic
    I won a Krug Brumen watch from Watches2U once. They valued at £165. I'd say more like £20 which is what they were selling on ebay for.

    Snap - I won one of their watches too that they said was worth around £200 and when I googled it they were selling the exact watch on Amazon or Ebay for £20!:eek:
    :TA big thanks to all who post and sprinkling lucky dust to all who enter :smileyhea
  • aliento
    aliento Posts: 9 Forumite
    Tenth Anniversary Combo Breaker
    A long time ago my mother won a ruby which had a certificate saying it was worth £400. She took it to a local jeweller with a view to having it put in a ring. The jeweller said it was worth £30 tops. :(
  • BlueBella
    BlueBella Posts: 10,374 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Photogenic
    I think a few companies tell porkies just to get more interest! I have seen fashion items up for grabs worth £xxx and when I've checked out their site, the item is in the sale for 1/4 of the price!
    :TA big thanks to all who post and sprinkling lucky dust to all who enter :smileyhea
  • mjm3346
    mjm3346 Posts: 47,203 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    Jewelry probably comes in at around 10% of the stated value
  • Pomdren
    Pomdren Posts: 802 Forumite
    Part of the Furniture 500 Posts
    Watches2U seem to sell a lot of overpriced things. I won this from them, they sell it for £35 but probably make it for under £1. Certainly wouldn't spend that much on such a thing myself. Especially considering, from what I can gather, you attach it to your pet's collar.. and this one seems to feature a paw print being stabbed with an arrow?!
  • susan1375
    susan1375 Posts: 131 Forumite
    i won a theo fennell sterling silver vaseline holder value claimed at £350. took it to a jewelers - offered me £17.50 for the weight in silver, eventually got £50 on ebay for it. the jeweller basically said the price was bumped up for the name, fennell not Vaseline!
  • hdh74
    hdh74 Posts: 2,872 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Photogenic
    I once won a print of a photograph that was supposedly worth £135 - I'd be lucky to get a fiver for it at a carboot.
    2018 - £562  2019 - £130 2020 - £276  2021 - £106 2022 - £140
  • hamsterfan1
    hamsterfan1 Posts: 8,281 Forumite
    Part of the Furniture 1,000 Posts Combo Breaker
    I won a Krug Brumen watch from Watches2U once. They valued at £165. I'd say more like £20 which is what they were selling on ebay for.

    a new Krug Baumen does retails for around £200 but they are fashion itmes so only remain new for a short period, after that their price/value drops , I found that most are retailing for around £40-50.

    TBH does it really matter what a prize is "worth" surely if you like your win that's it. I'm a proud owner of a Krug Baumen & paid £45 for it as it was the last one in that colour. New ones in less nice colours were for sale at £195 in th same shop
    proud gran to 4 lovely boys and one little girl
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