What is Midas Jewellery?

What is Midas Jewellery?

The story of Mr SaitAltundag is a heart warming story of a young man's passion for jewellery design and his love for his wife that led to a successful jewellery business which is now known as 'Midas Jewellery'. ... A silver belt that he designed, handcrafted and gifted to his beautiful wife on their wedding day.

Where can I buy engagement rings in Sydney?

10 Popular Shops for Engagement Rings in Sydney

• Armans Fine Jewellery.
• Jacque Fine Jewellery.
• Tiffany & Co.
• Natalie Marie Jewellery.
• Bvlgari.
• Midas Jewellery.
• Michael Hill.
• Jan Logan.

Where is the best place to buy diamonds?

#1: James Allen – the best location to buy fancy shape diamonds. #2: Whiteflash – for the best quality diamonds and designer rings. #3: Brian Gavin – for the super ideal cut rounds, cushions, emerald & princess. #4: Leibish – the best retailer to buy a natural color diamond.

How much should I spend on an engagement ring?

General Rule: You should spend at least 2 months salary on the engagement ring. If, for example, you are making $60,000 per year, you should spend $10,000 on the engagement ring.

Does jewelry insurance cover lost?

A good insurance plan will cover the full value of your jewelry in the event of damage, theft, accidental loss, and mysterious disappearance. A jewelry insurance policy that promises to cover the full cost of your jewelry will almost always include sales taxes as a part of your coverage.

Who has the best jewelry insurance?

The 7 Best Jewelry Insurance Companies of 2021

• Best Overall: Jewelers Mutual Insurance Group.
• Best Personalized Experience: JIBNA Personal Jewelry Insurance.
• Best for Privacy: Lavalier.
• Best Coverage With No Deductible: Zillion.
• Best Full Value Coverage: Chubb.
• Best for New Jewelry: GemShield.
• Best for Bundling Policies: GEICO.

What is replacement value of jewelry?

A replacement value appraisal details the cost to replace the jewelry with an item of same kind and quality – the current market price. A comparable replacement value appraisal does the same, but for items no longer available. This is often used on estate pieces and antiques.

Should you insure your engagement ring?

"If you think you would be devastated about the sentimental loss, afraid to wear other uninsured jewelry, or unable to cover the cost to replace the item, it would be wise to make sure your engagement or wedding ring is covered by insurance."

Should I tell my fiance how much the ring cost?

You want the ring itself to be the focus–a personal symbol that tells the particular story of your relationship. The price isn't really important – it's what you create that should be remembered.

Where can I get jewelry appraised for free?

Often, a local jeweler, gold or diamond exchange or pawn shop near you will provide an appraisal for free, especially if you are a regular customer. Keep in mind that an appraisal is often inflated above what you might pay for the same item at a jewelry store, but can be useful for insurance or tax purposes.

Can pawn shops appraise jewelry?

Get your jewelry appraised. Pawn shops are usually only interested in pure metals, like gold and silver, and diamonds. They often turn down gold-plated items, as well as costume jewelry. Take your jewelry to an appraiser or jeweler for a free assessment to find out what your jewelry contains and what it's worth.

How do I get Jewellery valued?

Where to get a Valuation

1. Return to the retailer where you purchased the piece. ...
2. Attend a valuation day. ...
3. The Guild of Valuers and Jewellers will undertake valuations either by post or in certain circumstances the valuer may visit your home.

Are jewelry appraisals accurate?

In the jewelry industry, it's standard for appraisals to be inflated, usually at 100% above the retail value. In other words, the appraisal doesn't represent the true value of the diamond ring. ... Your appraisal is not a good indicator of what you'll get for a resale price. It is more for insurance purposes.

What jewelry has the best resale value?

For the second year in a row, Van Cleef & Arpels came in at the top spot, with a 74 percent resale value—a 5 percent increase from last year. The RealReal said the brand's signature “Alhambra” motif is a top draw for its customers.

What is jewelry appraised value?

A jewelry appraisal (also known as a jewelry valuation) is a document you may receive from a high end jeweler or jewelry appraiser that describes the item of jewelry being valued and then gives a value that the item should be insured for.

Do Diamonds have any resale value?

Diamonds do have resale value, meaning you'll be able to get some money back if you decide to sell your diamond ring or other diamond jewelry. ... Because of the markup that's applied to diamonds, most jewelers, pawn shops and other buyers will only offer a fraction of what you paid for your diamond if you sell it to them.

Can you sell jewelry for appraised value?

This is why people often look to their jewelry appraisal for the value, however, appraisals are mostly done for insurance purposes and unfortunately, the truth is, you can NOT sell your diamond for the face value of an appraisal. This is a misconception.

Who can tell me if my diamond is real?

1) Water Test Carefully drop the loose stone into the glass. If the gemstone sinks, it's a real diamond. If it floats underneath or at the surface of the water, you have a fake on your hands. A real diamond has high density, so the water test shows if your stone matches this level of density.

How can you tell if a diamond is real without a diamond tester?

To tell if your diamond is real, place the stone in front of your mouth and, like a mirror, fog it up with your breath. If the stone stays fogged for a few seconds, then it's probably a fake. A real diamond won't fog up easily since the condensation doesn't stick to the surface.

Do Diamonds lose value?

Like a car, a diamond is a depreciating asset since it loses a large portion of its value the second you buy it. Think about gold and silver. The market for them is very liquid and fungible since you can store coins, sell them at any time or even trade them later on.