What's it Worth?

Look for markings inside the setting that indicate precious metal, e.g., 10k, 12k, etc. A precious metal setting usually indicates the stones are gem quality. A qualified jeweler can test the settings and grade the stones. You can also ask the jeweler to appraise your rings. Normally, jewelers will tell you the replacement value — what it would cost to make an identical copy — which is very different from the secondary “estate” value. Estate value is usually 30 percent of replacement value. Assuming your rings have precious metal settings and medium-quality stones, each could have an estate value ranging from $450 to $550.