If I was specializing in insuring jewelry I’d maybe say the same thing. He forgot to mention that the value of diamonds has come down and the metal in the jewelry is usually a small part of the value. f\Further most jewelry over insured in the first place.
24k gold bracelet? Seriously? When have you seen a 24k gold bracelet? 24k is solid, pure gold, at least .999 fine, and entirely too soft and malleable for jewelry. It is always amalgamated with another metal for jewelry use. 14k gold is 58% pure gold, 18k is 75% pure, etc. Besides, most of the retail cost of jewelry is mark-up rather than true value of its’ gold content.
We have updated our privacy policy to be more clear and meet the new requirements of the GDPR. By continuing to use our site, you accept our revised Privacy Policy.
Everybody hatin’ on me and my gold jew’ry… but who’s laughing now, fool?!
LOL…Mr T is now the richest man in America.
If I was specializing in insuring jewelry I’d maybe say the same thing. He forgot to mention that the value of diamonds has come down and the metal in the jewelry is usually a small part of the value. f\Further most jewelry over insured in the first place.
24k gold bracelet? Seriously? When have you seen a 24k gold bracelet? 24k is solid, pure gold, at least .999 fine, and entirely too soft and malleable for jewelry. It is always amalgamated with another metal for jewelry use. 14k gold is 58% pure gold, 18k is 75% pure, etc. Besides, most of the retail cost of jewelry is mark-up rather than true value of its’ gold content.