Missed out on this deal?
Unsubscribe anytime.
This auction is for a One electronically tested 14KT white gold lady's combination cast &assembled diamond necklace with a tongue clasp with fold-over safety with a rhodium
plated finish. Condition is excellent. The necklace measures 17 3/4" long. Was appraised at $24,139.74 by Walter Bauman Jewelers (Appraisal No:000022138003). In person inspection is not permitted for this auction. Containing:
Two hundred sixty-six channel set baguette cut diamonds approximate total weight of 266 Stones = 14.50ct.
Color H - J
Clarity VS-2 to SI-1
Cut Good
Five hundred twenty-eight bead set round brilliant cut diamonds approximate total weight of 528 Stones =
13.90ct.
Color I - K
Clarity SI-1 to SI-2
Cut Good
Total Weight of Diamonds
Total Weight of Necklace
Total Liquidation Value
GOLD ~a 1811.90 US
Date: May 18, 2022
28.40ct.
50.05dwt
$ 24139.74
NOTE: ITEMS ARE FROM THE CRIMINAL JUSTICE DEPARTMENT, YOU WILL NOT BE ABLE TO INSPECT THIS ITEM.
The condition of all surplus vehicles, items and equipment is unknown and the surplus unit does not receive information/history on vehicles/equipment turned in for surplus. Bidders are strongly advised to read and understand the terms of the sale.
Removal Instructions: The asset must be removed within 10 working days of close of auction. Any asset paid for but not picked up within 10 working days will be subject to a $40 storage fee per calendar day or forfeiture. The removal is the responsibility of the winning bidder.
Special Instructions: Being offered for sale "AS IS - WHERE IS". No guarantees or warranties. Assets may contain defects not readily apparent by visual inspection. The State of New Jersey Surplus Property Unit is part of a state agency that sells used property for other state agencies across the State of New Jersey. We normally get very little to no information on most items we sell. Also, please note that the picture(s) are only part of the description and cannot be relied upon to determine overall condition. There may be missing items/parts that were removed before turning the item into the surplus property unit. There are no refunds!
Q: I'm not sure what you mean by liquidation value? Usually an appraisal is based on "scrap value" (what its parts are worth), "retail value" (what it should sell for in a store), or "replacement value" (what it should be insured for, in case one has to replace it). Please describe which one of these "liquidation value" is based on. People need to know what they're bidding on, in order to be able to make an informed bid, and the auction ends in 2 days. Is it possible to see a copy of the appraisal?
A: in other words, that appraisal price is what the resale value was
Q: Does the appraisal by Bauman Jewelers represent the scrap value, retail value, or replacement value?
A: This represent the total liquidation value
Q: can you please show additional closeup photos of this piece; around the neck see how it falls also the clasp
A: We do not have any other pictures of this item. this was the only pictures that was sent to us.
