Originally Posted by Fabienne
The jeweler who appraised the pieces had the cufflinks at 400 euros, the gold ring with diamond at 10 000 euros, which seems very high to me, even though I haven't seen what they look like. He took that day's value of gold and stones/pearls into consideration, apparently, without figuring in the resale potential. I'll ask her to try and locate an auction house or an independent appraiser, which may prove difficult in that region.
I agree - unseen, those estimates seem quite steep to me. The basic poblem is that a dealer has to protect his own retail prices, also when doing estimates. I'd go to a reputable auction house or a specialised commissaire-priseur,
and ask not
for insurance (replacement) estimates, but realistic market values for selling. You could consign everything to an auction house, await their auction estimates, and then take back whatever objects you want to keep, or objects where you find the estimates and reserve prices too low. That way, you'll get a free and realistic valuation, and get rid of the pieces you don't want. Auction houses are quite used to this practice, and will normally not have any objections to it. Smaller, worn pieces of jewellery may be below the "floor minimum" of the better auction houses - that is, the value is too low for the auction house to bother with. They will probably still give you estimates, as part of their general service.