Quote:
Originally Posted by Chris
Just took it down to a local place that buys and they offered $1000 for it
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Take that offer and don't look back.
The color is terrible if the rating is true (and is GIA). The size is incredibly small, and it's not set in anything overly interesting. Melt value on the setting, recovery value on the stones, you're not looking at more than $150 from anyone who knows what they're looking at -- and that's with a four leaf clover in your pocket.
If someone really offered you $1,000, get it in writing and save it with the ring -- your heirs might not have the sentimental value attachment, and they will want to keep track of this guy's next of kin .. maybe they'll make silly offers, too.
Not trying to be harsh, just trying to give you some reality. Replacement value on W 47th street is less than $200. Keystone on that type of ring is from triple key to 7 key typically, and insurance appraisals can top 30 key.