Value now of jewellery bought in 1990?

zmccomish

In 1990 bought a bracelet value 1,000 Punts. With A Inflation B Change to Euro and C Increased value of jewellery . What would this item now be worth in Euro?

cookie1977

The problem is that jewellery is always way over priced when bought initially. The value to replace it is always different (much higher) then the value to sell it. It's impossible to know and depends on the design popularity and level of gold, quality of diamonds. But you probably wont be happy with a valuation on it to sell. Bring it to a jewellery shop/antique dealer and see what they think

ytpe2r5bxkn0c1

Generally jewellery is just worth scrap value of metals involved. Insurance value to replace is a different matter and best assessed by a jeweller.

the groutch

weight it and multiply the weight by

.75 for 18 carat
.59 for 14 carat
.375 for 9 carat

then multiply by €43 to get the spot price value.

(eg 20g of 18ct gold = €645)

if selling, go to a few reputable gold dealers or jewellers (not cashforgold etc), and try negotiate for 65-70% of spot price value.

gerrycollins

zmccomish wrote: »

In 1990 bought a bracelet value 1,000 Punts. With A Inflation B Change to Euro and C Increased value of jewellery . What would this item now be worth in Euro?

if the item was a one off or a lmited edition you might try antiques dealers however most of the price is made up of the manufacturers cost not the gold its self

dudara

I'm going to assume that the piece is standard i.e. that it has nothing about it to make it a collector's item.

If so, then forget the price that you paid for it, and focus instead on the material is it made from. Get the gold weighed by a reputable jeweller (not these po-up gold exchanges) and get an estimate put on the item.

zmccomish

Sorry I did not make myself clear in initial msg.Item was stolen. Cannot get it valued.Any idea of present value?

the groutch

might be better asking in the Banking, Insurance & Pensions forum.
Someone there might have a better idea of how stuff like this is valued for insurance purposes

cookie1977

Would you not have had to provide a valuation on something like this when you insured it?

dudara

The insurance company will look at how much it costs to purchase an equivalent item today. So get yourself to jewellers and look for similar items in order to identify a current market value.

unclebill98

Insurance assessor will use there own company to value the item, you can try tell them but without a valuation prior to it been stolen your at the mercy of their valuation.

Most polices with state if a single item is worth over x amount then you must specify it at the time of taken out the insurance. This specified amount can range from €1000 to €3999 depending on insurance company and varies wildly. So even if you value it over the specified amount the payout will be no more that the insurance companies specified limit.

Regardless if your policies state that they'll replace everything for new if stolen.