I was recently hired by an estate attorney in North Arlington, NJ to write personal property appraisal for estate purposes. The attorney, in this case, was also the executor.
The home was well kept but contained only modest furnishings. In fact, my reasonable fee was what I thought, initially, a large percentage of the value of the entire home contents.
In the master bedroom was a large box of jewelry. The box contained mostly unsigned costume jewelry with some better items, here and there. It took me about 45 minutes to go through the box and separate the jewelry into two categories- items that would be placed back into the large box, and about 25 items that were ultimately placed in a shoe box. Leaving, I told the attorney that I believed if he were to hire an estate liquidator, that I would make sure the jewelry contained in the shoe box was sold elsewhere (i.e. auction house), and NOT at the house sale.
To make a long story short, one of the items in the shoe box turned out to be a natural pearl ring. I thought that the pearl ring was an exceptional piece and decided it needed to be assessed by a jewelry specialist. The pearl ring was set in platinum and set with two pearls which were in the 11mm-11.65mm size range. The pearls were tested at the GIA: Gemological Institute Of America in New York City, and were “certified” as natural pearls.
What could have been sold as a nice cultured pearl ring for $1000.00 at an estate sale, turned out to be a ring that brought $22,000 including premium at David Rago’s December jewelry auction.
Our minimum charge for going to you home to give you an idea of the value of what you are about to sell is $375.00. For $375.00 you cannot afford, NOT to have an unbiased personal property appraisal BEFORE you have your estate or moving sale. We work quickly, thoroughly and do not charge for our travel time. If you would like to set up an appointment, please call us at 908-303-2632.
Alicia Soukup 908 303-2632