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Lot 1

The Famous 1,040CT $454k APP Emerald - No Reserve!

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Description

1,040.00CT Faceted Oval Cut Emerald Gemstone - Appraisal Value: $454.4K - Bid with utmost confidence from GovernmentAuction.com. We have been in business for over 35 years, and pride ourselves on perfect customer service. For more information on this item, please click on the more information link. You may find this feature especially helpful on land purchases, so that you have all details regarding terms and specs. We have sold over 25,000 parcels of land, and over 500,000 pieces of art & jewelry.

1,040.00CT Faceted Oval Cut Emerald Gemstone
Fine Jewelry and Gems Liquidation
Retail Replacement Value$454.4K



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Appraisal

 

 

After many years of sitting in a bank vault, this historical emerald will be sold to the highest bidder at a no reserve auction.  It is known as the "Polly" emerald. For years it was on public display in various places and then most recently was stored in a bank vault. We believe it to be one of the largest emeralds in the world. We think it will make a wonderful investment for the lucky public bidder that buys this investment stone. It was recently appraised by a GIA certified appraiser for $454,000. This was an insurance appraisal. We have no idea what the value of this unique stone is. That is why the consignor has chosen to let the world wide public decide what the final auction price will be. Good luck bidding on this world class emerald. For this auction only, we will be accepting phone bids and absentee bids with a $50,000 deposit. Good luck bidding on the historic "Polly" emerald.

GovernmentAuction.com utilizes Retail Replacement Value Appraisals from a third party gemologist. Appraisals should be used for verification of gemstone and/or metal weight, size, and grade only, not actual retail / resale value. Items should neither be purchased with the expectation to resell for appraisal price, nor with the intent for profit.

GovernmentAuction.com - America's Direct Source of Fine Jewelry and Investment Items.


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Item Profile:
GOV FILE # 23802
Asset Type: Gemstone
Description: 1,040.00CT Faceted Oval Cut Emerald Gemstone
Appraisal: Yes

Disclaimer Appraisals


GovernmentAuction.com utilizes Retail Replacement Value Appraisals, which are the most common. These types of evaluations are written for insurance needs. This would be the cost to replace the jewelry with an item of equal quality and kind, considered to be the current market price or the replacement value. This type of appraisal is done to protect you in the event of damage or loss of a valuable item.  Our appraisals are conducted by and independent 3rd Party appraisal firm that utilizes Certified GIA Gemologist, if more information is needed you are welcome to contact them directly: Gemological Laboratory of America- info@gemlabamerica.com

Appraisals should be used for verification of gemstone and/or metal weight, size, and grade only, not actual value. Appraisal value should be considered for insurance purposes only, not actual value, as price varies greatly from retail locations thru out the world. Items should not be purchased with the expectation to resell for appraisal price, or for profit.


Shipping and Fees


This auction requires that the winning bidder pay a shipping/insurance fee of $129.95 and a Buyer's Premium of 15%. This amount will be added to the winning bid and will be included in the total purchase price paid by the buyer to the seller. Winning Bid + $129.95 + Buyer's Premium = Total Purchase Price.

**California residents to pay sales tax.**

Contact and Payment Information
Email info@GovernmentAuction.com
Phone (661) 823-1543 begin_of_the_skype_highlighting              (661) 823-1543      end_of_the_skype_highlighting
Payment Options
We accept all major credit cards , personal checks, cashier checks, money orders, and Bank Wire Transfers for the payment of your winning bid. If you're the Winning Bidder, please make a payment within 5 days after this auction has closed otherwise a Non paying bidder report will be filed against the winning bidder. Non Performing Bidder Reports lead to suspension from all online auctions.

IMPORTANT Notices & Disclaimers - Please Read
Items are sold "as-is" with no guarantee as to resale value. All information contained in this listing page has come from reliable sources and is accurate to the best of our knowledge. We make no guarantee expressed or implied as to the condition of the item(s) or information contained in this listing. Appraisals are done by a third party gemologist and are included with all those that are appraised. Please allow 14-21 days following receipt of payment for delivery. Bid and invest with confidence from America’s number one auctioneer; GovernmentAuction.com.

Copyright 2010 GovernmentAuction.com

Buyer's Premium

15%

Estimate $227,244 – $454,488
Starting Bid $2,400
live auction started on
Us Auction
6:00 PM - Aug 29, 2010
Ended
Auctioneer
GovernmentAuction

Contact

20272 Valley Blvd.
Tehachapi, CA 93561
United States


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