#### HUGE Awesome GENTS 18K Sapphire/Diamond Ring #### Custom Made One of a Kind Start Price USD 4,690.00 Current Price USD 4,690.00 Time Left - Bid Count 0 Buy It Now Price - Reserve Price - Start Time Monday, December 01, 2008 End Time Thursday, December 11, 2008 Location Anchorage, Alaska See more about '#### HUGE Awesome GENTS 18K Sapphire/Diamond Ring ####' Description Gents 18K Yellow Gold-Sapphire and Diamond Ring. Large, custom designed and manufactured one of a kind ring. You will not find another one like it. Included fair market value appraisal for the Anchorage, Alaska market is $4,690.00 done in October of 2007.   This is my personal ring. I bought the sapphire about 5 years ago and then drew up a design and had it made with my initials in raised letters on the shoulders of the ring. A jeweler or gold smith could easily remove the lettering or even solder in fill and then polish to match the rest of the ring. I have cut and pasted the entire appraisal here, I have it in a Word document and can email it to an interested buyer. My hard copy of the appraisal which includes pictures of the jewelry will be included in the sale of this item. Make an offer if your so inclined, you never know (and neither do I) what I might accept for it. The ring is a size 10 and has never been resized, however it should be no problem having it resized up or down. I can assure you that all stones are natural mined from the earth gems. The sapphire is heat treated and the princess cut diamonds are natural light yellow, with the four round diamonds on the corners being natural near colorless “G” color. The apprasiser is a Graduate Gemologist trained by GIA and a professional appraiser. I am sure you can verify her credentials online. Thanks for looking and please email any questions you may have.                                             October 28, 2007   tanaruk         At your request I examined the jewelry you submitted for valuation and have provided an opinion of the Fair Market Value.   This report is valid only in its entirety and the final figure excludes any applicable taxes.  You may wish to take this into consideration when using the report.  The value conclusions are subject to limiting conditions that are set forth in the body of the report.  To the best of my knowledge and experience, I estimate the jewelry has a total Fair Market Value of $4,690.00 .   Photographs are included with the original report for your reference.  I suggest that you keep your copy of this report in a safe place.   This report was prepared in accordance with the Uniform Standards of Professional Appraisal Practice (USPAP).   If I can be of any further assistance, please call.   Sincerely,       DANA DANFORD, G.G, SENIOR MEMBER, N.A.J.A.   Enclosures       Table of Contents   ·         Letter of Transmittal ·         Table of Contents ·         Purpose ·         Intended Use ·         Definition of Fair Market Value ·         Approach to Value ·         Market ·         Limiting Conditions ·         Subscriptions Retained for Value Consulting ·         Metal Markets ·         Certification ·         List of Laboratory Instruments ·         Item Descriptions ·         Photograph(s) ·         Biographical Information   This report is valid only in its entirety and for its stated purpose and intended use and was prepared in accordance with the Uniform Standards of Professional Appraisal Practice (USPAP).     Statements and Limiting Conditions Purpose The purpose of this report is to describe and document the quality of the jewelry listed and to estimate its Fair Market Value.   Intended Use   Valuation Date: 10/27/2007   Definition of Fair Market Value The fair market value is the price at which the property would change hands between a willing buyer and willing seller, neither being under any compulsion to buy or sell and both having reasonable knowledge of relevant facts.  The fair market value of a particular item of property... is not to be determined by a forced sale price.  Nor is the fair market value of an item of property to be determined by the sale price of the item in a market other than that in which such item is most commonly sold to the public, taking into account location of the item wherever appropriate.  Taken from Treasury Regulation 20.2031-1 (b)   Approach to Value There are three traditional approaches to value that are as follows:   Income approach: Applies to income producing properties and is used only if an income situation or rental property can be identified.   Market Data approach: Compares the qualities of the subject item to an article with similar or identical qualities, and researches and records current verifiable sales of such merchandise.   Cost approach: Establishes the total value of an item by considering the value of its component parts (precious metal content, gemstone weights and qualities, labor, and any other fees) together with the appropriate retail markup according to the norms of the jewelers in the locale, supply and demand, and the current state of the marketplace.   Fair Market Value is estimated using the market data approach.  Neither the income approach nor the cost approach applies in establishing Fair Market Value.  However, the cost approach to value was used to check on the reasonableness or market values found.   Market To value an item a market (and market level) must be recognized.  The most appropriate market for jewelry can vary depending upon the article's age, condition, quality, intrinsic content, aesthetic appeal, provenance, current fashion trends, artistic interpretation, and period of manufacture among others.   The type of retail outlet that most commonly carries the items being appraised is considered to be the most appropriate market.  However, the auction market was also considered as another appropriate market in establishing Fair market Value for this type of jewelry.   Limiting Conditions The jewelry described within has been analyzed and graded in accordance with prescribed grading standards using established methods and precision laboratory equipment.   Jewelry constructed solely of, or in combination with, precious metals (i.e. platinum, palladium, yellow or white gold and/or silver) is tested, analyzed and described for its type and content of such metal. Metals stamped are assumed to be correct; if they are suspect they are tested. Any white metal testing 1K white gold or higher is only referred to as “white metal. This is due to the fact that the only conclusive test between 18K white gold and platinum is by heating the object. Palladium can also be used in conjunction with platinum and was used as early as 1910.     Unless otherwise stated, all gemstone weights, grades and measurements are approximate and stones have not been removed from their mountings.   Diamonds are graded with the prescribed grading nomenclature of the Gemological Institute of America (GIA) and the use of pre-graded cubic zirconia master stones for color grading. These stones are monitored by being compared to diamonds with grading reports issued by the Gemological Institute if America.   Colored stones are color graded with the use of the GIA Gem Set color grading system.  Unless otherwise stated, all colored stones listed on this appraisal report have probably been subjected to various treatments to improve their appearance.  Treatments are considered usual and customary practices when properly disclosed and when done without intent to defraud the consumer.  The treatments are mostly stable and do not require special care.  When a treatment is detected and considered unusual it will be so noted by this appraiser.  Some treatments are reversible and re-treatable.  It may be beyond the scope of an appraisal to determine exact treatment methods or the amount of treatment present.  Some treatments require sophisticated equipment not found in a standard gemological laboratory.  Prevailing market values are based on these universally practiced and accepted processes by the gems and jewelry trade.   Sources are assumed to be reliable and the appraiser does not assume responsibility for their information.   The appraiser assumes the ownership of the subject property is true as stated by the client.   The fees paid for this appraisal do not include the services of the appraiser for any other matter.  In particular, fees paid to date do not include any of the appraiser's time or services in connection with any statement, testimony or other matters before an insurance company, its agents, employees or any court or other body in connection with the property herein described.   If the appraiser is required to testify or to make any statements to a third party concerning the described property and/or appraisal, the applicant shall pay the appraiser for all of such time and services so rendered.   This document is limited to its stated intended use and is invalid if all items listed in the Table of Contents are not present.   Unless expressly stated, the items appraised are in good condition.  Any serious deficiencies and repairs are noted.  Ordinary wear and tear is not noted.   The information in this report is confidential.   This appraisal process does not discover liens, encumbrances, or fractional interests but, if known, they are noted.   The limited owner of this appraisal is the party for whom the work was performed.   Possession of this report does not provide title to the items appraised.   Possession of this report, any portion of this report, or any copy thereof, does not include the right of publication without the appraiser's written consent.   Use of the information contained in the appraisal is invalid if all items listed in the Table of Contents are not present.   Each item described in this report has been photographed and file copies of the photograph(s) as well as a copy of the report are maintained in the appraiser's files for at least five years after the report date.   Third parties may rely on the information in this report for the defined purpose and intended use only.  Third parties requiring further information than what is in the report must obtain the written permission of the owner of the appraisal before the appraiser will discus the report.   No changes may be made to this report by anyone other than the appraiser.  The appraiser cannot be responsible for unauthorized alterations.   The professional relationship between the appraiser and the client ends with the delivery of this report.   Subscriptions Retained for Value Consulting Drucker, Richard - The Guide.  Northbrook, IL Levine, Gail - Auction Market Monitor, Rego Park, NY   Metal Market                       10/28/2007 Gold                                        $772.20 Silver                                      $13.94 Platinum                 $1,450.00   List of Laboratory Instruments Binocular microscope                                                          Electronic scale                                                                    Touchstone and acids Leveridge Gauge Ultraviolet light unit’ Dichroscope Refractometer                                                                                       Polariscope                                                                           GIA Gem Set color grading system Chelsea color and other filters                                           Diamond light and master comparison cubic zirconia Table Gauge     Certification §         I hereby certify that, to the best of my knowledge and belief: §         The statements of fact contained in this report are true and correct. §         The reported analyses, opinions, and conclusions are limited only by the reported assumptions and limiting conditions, and is my unbiased professional analysis, opinions, and conclusions. §         I have no present or prospective interest in the property that is the subject of this report and I have no personal interest or bias with respect to the parties involved. §         My compensation is not contingent upon the development or reporting of a predetermined value or direction in value that favors the cause of my client, the amount of the value estimate, the attainment of a stipulated result, or the occurrence of a subsequent event. §         I have made a personal inspection of the property that is the subject of this report. §         No one provided significant professional assistance to the person signing this report. §         My analyses, opinions, and conclusions were developed, and this report has been prepared, in conformity with the Uniform Standards of Professional Appraisal Practice.         ________________________________ DANA DANFORD, G.G, SENIOR MEMBER, N.A.J.A. 10/28/2007             Prepared For:                       Terry Anaruk                        Date: 10/28/2007         Item 1 Ring Sapphire and diamond ring         Total Diamond Weight:                              2.16 cts.   Mounting Attributes                                                                                  Weight:                                               12.934 dwt Metal:                                                     18K yellow gold Manufacturing:                                    Cast Finish:                                                    Polished Setting:                                                  Mixed Trademark:                                            None Condition:                                             Very good Comments:                                            Ring measures 22 1/4mm wide at the front and 5 1/2mm wide at the base of the shank. The shoulders of the ring have raised initials "TA" on each side. The inner back plate of the ring has an open work lattice design   Sapphire Attributes                                                                                                                                                            Shape and cut:                                      Rectangular faceted Measurements:                                     11.00 x 9.30 x 5.63 mm (approximate) Weight:                                                  5.76 per client and substantiated by formula Clarity:                                                   Lightly included (L2) Color:                                                     c24_2_2_10 - Very light, Slightly Grayish, bluish Violet (bV 2/2) Comments:                                            Bezel set; stone shows evidence of heat treatment                                         Diamond Melee Attributes                                                                                                                                                Shape and cut:                                      Round full cut Measurements:                                     2.3 mm Number of diamonds:                          4 Total Weight:                                       0.20 cts. (estimated) Clarity:                                                   SI-1 - I-1 Color:                                                     G-H Comments:                                            Flush set in top corners of ring   Diamond Melee Attributes                                                                                                                                                Shape and cut:                                      Princess cut Measurements:                                     2.9 mm  to 3.1mm Number of diamonds:                          14 Total Weight:                                       1.96 cts. (estimated) Clarity:                                                   SI-1 - I-1 Color:                                                     Light yellow body color Comments:                                            Channel set                                                          Total Approximate Fair Market Value Excluding Tax                                $4,690.00                                Total Approximate Fair Market Value for All Items - Excluding Tax:                                $4,690.00   Four thousand six hundred ninety dollars and no cents                                           Signature of Appraiser:       ________________________________                                            DANA DANFORD, G.G,                                                 SENIOR MEMBER, N.A.J.A.                       Biographical Background and Qualifications   Dana Danford   Education: Graduate Gemologist in Residence, 1978   Owner: Megagem opened in 1987 as a wholesale gem dealer with an office in Bangkok, Thailand and Anchorage, Alaska. Megagem also offered a full appraisal  service to the public and retail stores. Expanded into finished jewelry sales, repairs, and custom design. Teaches classes and lectures to local organizations, works as an expert witness, and assist GIA correspondence students. Employed in the jewelry industry since 1974, appraising since 1981.   Educational and Update Seminars taken: 1985, 1986, 1993, 1999, 2000, 2001, 2005, and 2006                                                                                                                                 Place a Bid!