@TechnicGeek I mean I’m no mathematician buuuuut if the necklace can be bought for $19.99, it’s appraised for insurance at $299, and I can replace a window on my '84 Volvo for cheap maybe it’s worth parking my car downtown next weekend…
I got a shorter version of this, and like 2 wears in, one of the pearls came loose. So I can’t speak a ton for the quality, but I do like how it looks (except the broken part) so I wear it anyways and just look like a hobo. It’s the proper Meh way.
That’s a really old quarter! I’m beginning to think pre-1965 ones are a lie…I have never seen one in circulation, not even once. Perhaps it’s because their mostly silver composition makes them worth hoarding…
So let me make sure I understand this- you’re selling a necklace that is supposedly worth $299 for $34? But the appraisal is only for “insurance purposes”?
How is that not fraud? I mean, appraising something supposedly provides you with the price a willing buyer would pay a willing seller, doesn’t it? Your own web site claims that several hundred people have purchased these things for $34, and you’ve willingly sold them.
Doesn’t that prove that the letter you provide, stating that they are worth almost ten times what you’re selling them for, is fraudulent?
And for extra credit, one bonus question:
Since you are selling people a “certified” $299 item for $34, can we assume you’re taking a tax loss of $265 on each one? (And sending a 1099 for $265 apiece to every customer?)