Cartier Paris Sapphire & Diamond Earrings

Value (2013) | $75,000 Retail$100,000 Retail
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GUEST:
Well, they belonged to my grandmother's sister, and then they were passed on to me.

APPRAISER:
Your dad had an appraisal. That would have been 1990, about. For how much?

GUEST:
He thinks somewhere around $40,000.

APPRAISER:
Now, you recently had them appraised again?

GUEST:
Mm-hmm. I had them appraised within the last year. And they appraised them at $28,000.

APPRAISER:
So, were you happy, were you disappointed, were you surprised?

GUEST:
Just curious as to why such a difference between the two appraisals.

APPRAISER:
And this was an appraisal for insurance replacement value?

GUEST:
Mm-hmm.

APPRAISER:
Let's go to the earrings, and we'll get back to that.

GUEST:
Okay.

APPRAISER:
They're in this great original box. They are signed. They're signed "Cartier, Paris". We took measurements on the sapphires, and I figure them to be six carats, three carats each. They're beautiful, they're not heat-treated. They've got nice, deep rich color, they're full of life. It's what you want in a sapphire. Cartier wouldn't use anything but the best.

GUEST:
Okay.

APPRAISER:
Then you have diamonds. And when you go through, you've got some square diamonds, you've got some pear-shaped, some marquise. You've got six carats of diamonds. And again, they only use very fine goods. So let's go back to the appraisal. The first one's for $40,000, the second one's for $28,000. You know something's not right.

GUEST:
It's not consistent, so I'm not really sure.

APPRAISER:
Yeah, I'm not happy with it either. Hey, I think he was trying to buy them. If you had to appraise these again today, for insurance purposes, I would say that probably at retail, say in a shop, $75,000.

GUEST:
Really?

APPRAISER:
Really.

GUEST:
Wow.

APPRAISER:
Now, I can take it one notch further. If they were back in Cartier, I don't think they'd be $75,000. I think they might possibly be $100,000.

GUEST:
Wow. Wow. Yeah, that surprises me.

APPRAISER:
I had a feeling.

GUEST:
It pleases me.

APPRAISER:
It pleases you, but it surprises you.

Appraisal Details

Appraiser
Doyle New York
New York, NY
Appraised value (2013)
$75,000 Retail$100,000 Retail
Event
Cincinnati, OH (July 21, 2012)
Form
Earrings
Material
Diamonds, Sapphire

Executive producer Marsha Bemko shares her tips for getting the most out of ANTIQUES ROADSHOW.

Value can change: The value of an item is dependent upon many things, including the condition of the object itself, trends in the market for that kind of object, and the location where the item will be sold. These are just some of the reasons why the answer to the question "What's it worth?" is so often "It depends."

Note the date: Take note of the date the appraisal was recorded. This information appears in the upper left corner of the page, with the label "Appraised On." Values change over time according to market forces, so the current value of the item could be higher, lower, or the same as when our expert first appraised it.

Context is key: Listen carefully. Most of our experts will give appraisal values in context. For example, you'll often hear them say what an item is worth "at auction," or "retail," or "for insurance purposes" (replacement value). Retail prices are different from wholesale prices. Often an auctioneer will talk about what she knows best: the auction market. A shop owner will usually talk about what he knows best: the retail price he'd place on the object in his shop. And though there are no hard and fast rules, an object's auction price can often be half its retail value; yet for other objects, an auction price could be higher than retail. As a rule, however, retail and insurance/replacement values are about the same.

Verbal approximations: The values given by the experts on ANTIQUES ROADSHOW are considered "verbal approximations of value." Technically, an "appraisal" is a legal document, generally for insurance purposes, written by a qualified expert and paid for by the owner of the item. An appraisal usually involves an extensive amount of research to establish authenticity, provenance, composition, method of construction, and other important attributes of a particular object.

Opinion of value: As with all appraisals, the verbal approximations of value given at ROADSHOW events are our experts' opinions formed from their knowledge of antiques and collectibles, market trends, and other factors. Although our valuations are based on research and experience, opinions can, and sometimes do, vary among experts.

Appraiser affiliations: Finally, the affiliation of the appraiser may have changed since the appraisal was recorded. To see current contact information for an appraiser in the ROADSHOW Archive, click on the link below the appraiser's picture. Our Appraiser Index also contains a complete list of active ROADSHOW appraisers and their contact details and biographies.