Simon G Designer 2.70 Carat Fancy Diamond Engagement Ring in 18k White Gold; $28,000 Appraisal
Lot #1
Item: 87b7-2699761

Edina, MN

This Lot is:

Closed

Sun, Oct 18, 2020 8:02pm CDT

High Bidder: #215255

Current Bid:

$5,075.00

Next Required Bid: $5,175.00

Reserve Not Met

Shipping: Yes
Online Payment: Yes
Location / Contact:
7101 York Ave S, Edina, MN 55435
Phone: 952-261-4942

Lot Description:

Update 10/17: the reserve for this lot is $6,000

Article: 

  1. 2.70  carat total weight Simon G Diamond and 18 karat gold ring  

    1. 8.00 mm Round Brilliant Cut Diamond J-K color SI-3 to I-1 clarity 

    2. Two Custom Cut Kite Shaped Diamond 0.15 carats total weight, Bezel set with Milgrain detail 

    3. Sixty-eight 1.5 mm, 0.55 carats total weight, Full Cut Round Diamonds. 

Beautiful 18-karat gold and diamond Simon G Designer ring. This ring contains one 2.00 carat round brilliant cut diamond. The diamond is white and has white imperfections.The diamond is set into a 4-prong crown. The ring also contains two custom cut Kite shaped diamonds set in bezels with milgrain detail. The ring contains 68 full cut round diamonds set into 8 rows down the shank of the ring. This ring weighs 7.7 grams and is a finger size 6.5. Complete. 

Estimated Retail Value: $28,000

*Nationwide shipping is available for only $10 flat total no matter how many lots you win (insurance optional)!  All jewelry is kept off-site. Inspections are welcomed and available by appointment, call (952) 261-4942 to schedule a time.  We guarantee all of our jewelry to be as described so bid with confidence!

***IMPORTANT, PLEASE READ BEFORE BIDDING!***

1. THERE IS NATIONWIDE SHIPPING AVAILABLE FOR THIS AUCTION (SEE THE SHIPPING TAB FOR INFO).  

1A.  IF YOU ARE PICKING UP IN PERSON PLEASE PARK BY THE WHITE LIONS AND CALL 952-261-4942 AND WE WILL COME OUT TO YOU TO SERVICE YOU.  WE WILL NOT HAVE ANY K-BID SIGNS POSTED AS THEY ARE NOT ALLOWED IN OUR NEIGHBORHOOD.

2.  NEXT DAY REMOVAL IS MONDAY, OCTOBER 19th FROM 9AM to 5PM.  LATE PAYMENT FEE IS $10.  ALL PAYMENTS DUE BY 5PM ON REMOVAL DAY.

3.  ALL ITEMS ARE STORED OFF-SITE IN A SAFE.  TO INSPECT ANY ITEM(S), PLEASE CALL AUCTION HOUSE WITH A LIST OF SPECIFIC LOTS THAT YOU'D LIKE TO INSPECT AND INSPECTION CAN BE ARRANGED.

4.  ALL ITEMS STATED AS PLATINUM, GOLD (Yellow, White, 10k - 18k), PLATLITE, AND STERLING SILVER ARE GUARANTEED TO BE THOSE METALS; SOLID, NOT FILLED OR PLATED.

5.  IF ANY ITEM IS LISTED AS DIAMOND IT IS GUARANTEED TO BE A GENUINE, NATURAL DIAMOND.

6.  ANY GEMSTONES INCLUDING RUBIES, EMERALDS, SAPPHIRES, ALEXANDRITE, TANZANITE, AMETHYST, TOPAZ, CITRINE, MORGANITE, AND ALL OTHERS COULD BE EITHER NATURAL (NOTED AS NATURAL), LAB-CREATED, COLOR-ENHANCED, GLASS-FILLED, CRYSTALIZED, OR LASER-TREATED.  ALL CARAT SIZES ARE APPROXIMATE AS MOUNTING PERMITS OBSERVATION BUT ARE GENERALLY WITHIN THE 10% ACCEPTED GUIDELINES OF APPROXIMATION.

7.  ALL APPRAISALS, ESTIMATES OF VALUE, AND EVALUATIONS ARE THE OPINION OF THE INDIVIDUALS GIVING THE VALUE BASED ON CURRENT MARKET PRICE AT WHICH THE COMPARABLE MARKET JEWELRY MAY BE PURCHASED NEW IN A FINE JEWELRY STORE.  IF AN APPRAISAL IS INCLUDED ON ANY ITEM OF JEWELRY IT IS SOLELY FOR INFORMATIONAL PURPOSES AND SHOULD NOT BE USED AS THE ONLY BASIS FOR PURCHASE, SALE, OR RESALE OF THE ITEM.  AUCTION HOUSE SHALL NOT BE HELD LIABLE FOR ANY LOSS, DAMAGE, OR FOR ANY ERROR OR OMISSION IN THE APPRAISAL SUBMITTED.

Inspection:

By Appointment Only

Auction Closing:

Sun, Oct 18, 2020
08:00 pm

Removal:

Mon, Oct 19, 2020
09:00 am - 05:00 pm

Bidding Increments:

Bid Range Minimum Increment
$0.01 - $75.00$1.00
$75.01 - $150.00$5.00
$150.01 - $250.00$10.00
$250.01 - $500.00$25.00
$500.01 - $1,000.00$50.00
$1,000.01 - $5,000.00$75.00
$5,000.01 - $50,000.00$100.00
$50,000.01 - $75,000.00$250.00
$75,000.01 - $100,000.00$500.00
$100,000.01 - $2,500,000.00$1,000.00

Hammer Price TierBuyer's PremiumCap
$0.00 - $4,999.99 13.00%
$5,000.00 - infinity 10.00%$1,000.00


This auction is contracted and managed by: Auction House

Manager: James Egge


There is a 13.00% BUYERS PREMIUM on this auction.

This auction is contracted and managed by Auction House and James Egge, Auctioneer (Lic 05-15-002). K-BID is the Dealer of Record. DLR #24714

This affiliate accepts: Cash, Visa, MasterCard, American Express and Discover.  Checks are not accepted.

By placing a bid on this auction you are agreeing to the auction specific terms listed below in addition to K-BID user terms.  For auctions contracted and managed by an Independent Affiliate, K-BID Online, Inc. is acting as a venue only and will not be involved in any disputes or issues regarding this auction.

Everything is sold “as is, where is” with no guarantees or warranties. You are responsible for inspecting items prior to purchase.

At the close of the auction active items will remain open until no bids have been received for three minutes.

IMPORTANT NOTE: If the high bidder of an item does NOT acknowledge the purchase, K-BID systems reserves the right to determine how and to whom it will be resold. If we determine that the winning bid was not a bona fide bidder, the item WILL NOT AUTOMATICALLY go to the next second-highest bid.

This auction is contracted and managed by an independent affiliate. By placing a bid on this auction, you are agreeing to the auction specific terms listed on this page in additions to the K-BID user terms and agreements.     K-BID Online, Inc. (K-BID) is responsible for maintaining the K-BID.com website.  K-BID.com serves as the venue used by independent auction companies (Affiliates) to present their online auctions to bidders.     K-BID’s role in the auctions listed on K-BID.com is limited to providing the venue for affiliate auctions. Affiliates are not employees, agents, representatives or partners of K-BID Online, Inc. K-BID’s knowledge about individual auctions and individual auction transactions is limited to the information appearing on the website.   By placing a bid on K-BID.com, bidders are verifying they are at least 18 years old and acknowledging they understand and will comply with both the K-BID.com website terms and the auction specific terms. Bidders MUST NOT share their password or account information with anyone. Bidders are responsible for bids placed on their account.   Inspection dates/times are available for every auction. Bidders are strongly encouraged to inspect prior to placing bids. Removal day is not inspection day. When an auction ends, and the winning bidder invoice appears on the bidder’s dashboard, the bidder is obligated to honor their bid(s).   Every auction item is sold “as is, where is” with no guarantees or warranties. You are responsible for inspecting items prior to purchase.   Bidders are responsible for knowing and complying with auction terms. Failure to comply with removal terms may result in bidding privileges being disabled.  Once a bid is placed it cannot be retracted.   Sellers, and their agents, are prohibited from bidding on their own assets.   Items with a reserve will not be sold unless the reserve price has been met.   At the close of the auction active items will remain open until no bids have been received for three minutes.   Applicable sales tax will be collected by the affiliate managing the auction.     In the event that bidding rights are terminated due to no-show invoices, bidders MAY be reinstated at the discretion of K-BID only after a penalty fee of 20% of the unpaid invoice(s) and a reinstatement fee of $25.00 has been paid to K-BID and a scanned copy of your driver's license emailed to us. INVOICED ITEMS WILL NOT BE AWARDED. The payment is punitive and meant to deter no-shows. Duplicate bidder accounts will be deactivated when they are determined to exist. If possible and at our discretion K-BID reserves the right to delete any bid we believe has been place by a suspect bidder. Any registration that shows up on our fraud detection system may be placed on hold and bids removed until user is verified . K-BID Online, Inc reserves the right to disallow anybody from bidding on its web site. Cases of obvious bidding with no intent to redeem will be referred to appropriate legal authorities.   Affiliates may lower a lot reserve at any time before or after an auction closes.  If the reserve is lowered while the auction is in progress, the applicable reserve message will appear below the Next Required Bid information (Reserve Not Met or Reserve Has Been Met); the asset will sell to the high bidder if the lowered reserve amount is met. If the reserve is lowered after the auction closes, the highest bidder at auction close will receive a winning bidder invoice.    Once an auction begins its closing process, outbid notifications will not be sent.

Once a bid is placed it cannot be retracted.


This auction is contracted and managed by an independent affiliate. By placing a bid on this auction, you are agreeing to the auction specific terms listed on this page in additions to the K-BID user terms and agreements.  

K-BID Online, Inc. (K-BID) is responsible for maintaining the K-BID.com website.  K-BID.com serves as the venue used by independent auction companies (Affiliates) to present their online auctions to bidders.  

K-BID’s role in the auctions listed on K-BID.com is limited to providing the venue for affiliate auctions. Affiliates are not employees, agents, representatives or partners of K-BID Online, Inc. K-BID’s knowledge about individual auctions and individual auction transactions is limited to the information appearing on the website.

By placing a bid on K-BID.com, bidders are verifying they are at least 18 years old and acknowledging they understand and will comply with both the K-BID.com website terms and the auction specific terms. Bidders MUST NOT share their password or account information with anyone. Bidders are responsible for bids placed on their account.

Inspection dates/times are available for every auction. Bidders are strongly encouraged to inspect prior to placing bids. Removal day is not inspection day. When an auction ends, and the winning bidder invoice appears on the bidder’s dashboard, the bidder is obligated to honor their bid(s).

Every auction item is sold “as is, where is” with no guarantees or warranties. You are responsible for inspecting items prior to purchase.

Bidders are responsible for knowing and complying with auction terms. Failure to comply with removal terms may result in bidding privileges being disabled.  Once a bid is placed it cannot be retracted.

Sellers and their agents are prohibited from bidding on their own assets.

Items with a reserve will not be sold unless the reserve price has been met.

At the close of the auction, active items will remain open until no bids have been received for three minutes.

Applicable sales tax will be collected by the affiliate managing the auction.  

In the event that bidding rights are terminated due to no-show invoices, bidders MAY be reinstated at the discretion of K-BID only after a penalty fee of 20% of the unpaid invoice(s) and a reinstatement fee of $25.00 has been paid to K-BID and a scanned copy of your driver's license emailed to us. INVOICED ITEMS WILL NOT BE AWARDED. The payment is punitive and meant to deter no-shows. Duplicate bidder accounts will be deactivated when they are determined to exist. If possible and at our discretion, K-BID reserves the right to delete any bid we believe has been placed by a suspect bidder. Any registration that shows up on our fraud detection system may be placed on hold and bids removed until the user is verified. K-BID Online, Inc reserves the right to disallow anybody from bidding on its website. Cases of obvious bidding with no intent to redeem will be referred to appropriate legal authorities.

Affiliates may lower a lot reserve at any time before or after an auction closes.  If the reserve is lowered while the auction is in progress, the applicable reserve message will appear below the Next Required Bid information (Reserve Not Met or Reserve Has Been Met); the asset will sell to the high bidder if the lowered reserve amount is met. If the reserve is lowered after the auction closes, the highest bidder at auction close will receive a winning bidder invoice. 

Once an auction begins its closing process, outbid notifications will not be sent.

Once a bid is placed it cannot be retracted.

 



7101 York Ave S
Conference Room
Edina
MN, 55435


Phone: 952-261-4942

JEWELRY

NATIONWIDE SHIPPING IS $10 (WHICH ALSO COVERS POSTAGE) NO MATTER HOW MANY LOTS YOU WIN.  OPTIONAL INSURANCE IS EXTRA.

WATCHES & NON-JEWELRY ITEMS (ART GLASS, ETC)

(1 LOT) $15

(2-3 LOTS) $19

(4+ LOTS) $24

Bid History

12 Bid(s)
Bidder Placed High Bid
215255
Oct 18 07:37pm
$5,075.00
161316
Oct 17 06:38pm
$5,000.00
291785
Oct 14 06:51pm
$4,000.00
338144
Oct 11 08:26am
$3,500.00
250793
Oct 10 07:53pm
$1,050.00
307638
Oct 10 07:49pm
$1,000.00
250793
Oct 10 03:30pm
$650.00
196117
Oct 10 01:51pm
$600.00
350228
Oct 10 01:08pm
$525.00
279558
Oct 09 08:55pm
$500.00
224221
Oct 09 08:49pm
$300.00
343874
Oct 09 04:29pm
$25.00