Comments on: I have a diamond appraisal question?

By: Sarah M

Sarah M — Sat, 09 Oct 2010 16:15:06 +0000

You are right that you are unlikely to get the appraisal value when you sell it. Sometimes, you’d be lucky to get half. If you have the diamond grading information from the appraisal, I would recommend going to ebay and searching for a diamond with the same grading (carat, color, clarity,cut) and seeing what they are selling for. As to what’s “fair” or how to communicate that, it is an interpersonal matter. One idea might be that you buy another diamond. You could find another diamond that is “half the size” or something for much less than half the appraisal value of this one. It might be a sweet gesture for your future sister in law…

By: Cheryl G

Cheryl G — Sat, 09 Oct 2010 05:12:42 +0000

Most heirs arrange for three appraisals of any inheritance, including real estate, etc., and average them, then divide by the number of heirs.

By: KD

KD — Tue, 05 Oct 2010 19:18:08 +0000

I would get more than one appraisal and average it! I would also get an appraisal from a pawn shop and then give each half of what ever you come up with!