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.
