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misohorne

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  1. My daughter is into handmade jewelry and often buys different costume jewelry on Etsy. I can ask her where she buys different jewelry, she likes discounts and tries to hit the days of shopping when there is a sale or discount. I'll fill you in later.
  2. My pawn shop has a diamond ring that he'll let me have for $2000USD cash. Here's the specs on the stone based on the GIA report. I did not write down the number however. . -0.74 ct 5.9 x 5.93 x 3.5 mm* - E color, IF clarity -triple ex -60% table and depth -Crown and Pavillion angle 32.5 and 41 -Girdle medium faceted 3.5% -Fluorescence Medium Blue No ASET or Idealscope images. Seems like a good deal to me. However the fiance wants a diamond 8mm or more in diameter. So I would take this stone and mount it with a halo design to reach the size she wants. She likes the Tiffany embrace ring but with .75 G VVS2 center it will cost me $10500USD. So I look for platinum pave ring with halo design of 1/4ct and it costs $1900 from places like BlueNile. Not sure what jeweler charge to mount it. Maybe $300? So cost me $4200 for this ring. But then I see Tiffany embrace ring .52 center E VS1 triple ex for $5000. So maybe I buy that instead even though smaller stone but it Tiffany which women very much like. Thoughts?
  3. misohorne

    Insurance

    As usual, come out learning a ton (that's how far my vocabulary goes as far as weight metrics goes) from you!
  4. misohorne

    Insurance

    I understand completely now. I think I'm going with the $0 deductible but at the same time, I don't want to pay or gift any extra premium to the insurance company My ring was purchased for $12,000. Taking into account the current short-term trend, it's value will probably be in the range of $12,700-$13,500 in a year's time (my best educated guess). Let's take $13,500 for this example Assuming the insurance co are better buyers than retail people, they will be able to get the ring for about $13,000 or even lesser 1) Any reason why the store I bought the jewelery for wrote up such a high assessment of $18,000? 2) I think I'm leaning towards having the store write a new assessment of $13,500 (he would do it for me) and save on the gift part What do you think and is that what you would do if you were to insure a family member's ring with the 'least amount of wasted premium'
  5. misohorne

    Insurance

    Maybe my head isn't working right but don't understand everything you are saying. As usual you've given me some thinking to do which is wonderful because i love understanding these things an inch deeper than most other people do What do you mean by: 'so the first $500 is costing you about 8% if you decide to buy it' Also don't get 'You may pay more in premiums for the first $500 of coverage but for the last $10,000 you get NOTHING for your money!' I do understand your point about I would get a replacement ring, even if my 10,000 ring becomes $30,000 in 2 years. However, my premiums would rise up gradually as well so it kind of cancels out?
  6. misohorne

    Insurance

    Guys I called JM and in my area the premiums are $288 for an 18k ring. $500 deductible reduces premium by 14%, $1000 deductible is 18% and $2500 deductible is 22% discount. My assessment is to go with $0 deductible since the money I ave on a $500 deductible is only $400 and if I were to lose my ring within 10 years, I'll land up being a loser Anything I'm missing here which the insurance co ain't telling me? Any other questions I should be asking? Thx
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