Inherited jewellwery - how to flog it?

[lost in espace]

My bro and I have inherited 2 rings and had them valued for insurance purposes at £1600 and £800. My wife wants to keep the more expensive one and to sell the cheaper one, effectively buying my brother out.

I am not sure where to sell the cheaper ring, I have never sold jewellery through ebay is it a good market place for rings? Can anyone tell me what a realistic price for the more expensive one is, should I just take 75% of the insurance value as to its street worth or is that being optimistic?

[AlexKP]

Can your brother not do basic maths?

'Cos he is about to be turned over from what I can see....

[lost in espace]

No the insurance valuation is the retail price if you had to replace it at a store. The value is the price it would achieve were you to sell it.

[andy400]

I've got a crisp twenty....

C'mon guv, you won't do better. Buyer's market, innit.

[lost in espace]

Almost tempted but this engagement ring looks a treat on my manly hand.

[Fatrat]

Depending on the age/style of the rings, I have to say that in all probablity the insurance value will bear no resembelence to the market value.

If you can achieve 33% of the insurance value as a cash sale you will be doing very well

[Nickyboy]

Most jewellers would buy it depending on quality etc but dont expect a vast amount compared to the insurance value

[Jasandjules]

Go on Dickenson's Real Deal?

Though as said above, the insurance valuation is in no way reflective of the price you'll get for it.

[pokethepope]

Insure them for those values then 'lose' them?

[Nolar Dog]

Ebay.

99p start and no reserve.
It will sell for what it is worth.

[lost in espace]

Thats what we will do I think. Should get bidders trade and private I suppose, at least a wider market than taking it to a jeweller.

[superkartracer]

Swap ya x2 jacko tickets

[lost in espace]

I suspect your Jacko tickets will have a much higher value. If he turns up.