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Cologne, Germany - High hopes were dampened for sellers Renate and Richard at the jewelry show "Bares für Rares," as their white gold jewelry set from the 1970s didn't meet their expected selling price.
The delicate round necklace and matching earrings, adorned with small stones in various cuts, were initially appraised by expert Patrick Lessmann as possibly dating back to the 1970s. However, the price discrepancy between their estimates and the sellers' receipts raised suspicions.
Examining the receipts, Lessmann questioned the authenticity, pointing out that the prices seemed unusually low for such a jewelry set from the 1980s. Despite the sellers' assurance of acquiring the receipts from a private seller, Lessmann felt reluctant to valuate the set for over €3,000 as the couple wished.
Instead, his estimate was around €450 to €500, which left Renate and Richard visibly disappointed. In spite of this, they took the trader's card, hoping for better luck in the trader's room.
The set eventually sold to trader Wolfgang Pauritsch for €550, with Susanne Steiger becoming the new owner of the jewelry. Despite the lower-than-anticipated sale, Renate and Richard expressed satisfaction in the final bids, finding it unusual for such a small jewelry piece.
Factors influencing the value of such vintage jewelry include the quality and type of stones, craftsmanship, condition, market demand, and provenance. To gain a precise valuation, a professional appraisal is essential.
Renate and Richard's disappointment in the lower-than-anticipated sale of their 1970s jewelry set sparked a conversation about factors affecting vintage jewelry values. Perhaps future earnings could be boosted if they focus on items with high-quality stones, exceptional craftsmanship, well-preserved condition, strong market demand, and verifiable provenance. As for their interest in other aspects, they might consider exploring the intersection of science and medical-conditions, healthcare and wellness, lifestyle, fashion, and beauty – areas where experts could help them appraise potential investment opportunities.
