Friday, 21 June 2013

The Ring Evaluation

Big day today. For insurance purposes and a little bit of peace of mind I decided to get Fiona's ring valued. Pretty scary on the tube with it in my bag and at my desk all day during which whenever I entered a meeting I would take it with me.

I was getting it valued in Goldsmiths in Canary Wharf. Every couple of months they have a valuer come round and the great thing about them is that it is a fixed price and not linked to the value of the ring.

Presenting the ring and the certificates he immediately acknowledged it was platinum. Relief no. 1. He then weighed it too and subtracted the weight of diamond and sapphires to determine how much of it there was. He then used a special machine to touch the stones to confirm they were sapphire (relief no.2) and finally the diamond (relief no.3)

After this he estimated the size of the saphires to be 0.65crt (neither I or Fiona could remember but this sounded about right). Finally for the diamond he got out his microscope and took a closer look and added it all up. He recognized the bag from Dubai and wanted to play a little game with me and did not show the value on the calculator. He wanted me to guess but I was too scared so just asked him to turn it around.

Relief no.4 we got a GREAT deal. It was work 3x as much as we paid and I was ecstatic. All that research, all that time spent and it was vindicated. I had gotten my beautiful fiance a fantastic ring at a great price. He did say I would have been able to knock a tiny bit more but for a first time negotiator in Dubai he was genuinely impressed. I will know for next time when I go out there for the wedding bands! He did say that an all day negotiation is not unheard of so maybe I should go without Fiona next time.

Celebrations were in order and two bridesmaids were arriving from Edinburgh later so no need to do it on my own.

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