It’s finders keepers, losers weepers, a federal judge says.
A Manhattan federal judge suggests a New Jersey girl can keep her stolen 7.44-carat diamond because she was unaware the stone was hot. The rock was allegedly swiped in 2003 by disgraced star stylist Derek Khan — that has worked with hip hop personalities like Lil’ Kim, Mary j. Blige and P. Diddy. He borrowed it for a celebrity fashion shoot that year then openly sold it without approval.
A 2003 police report accusing him of grand larceny appreciated the rock at $120,000 — and Khan wound up planning to arrest for just two decades after being convicted of pocketing some $500,000 in stolen loot through various gem scams.
The enormous stone eventually wound up in the ownership of Suzanne Zaretsky of Saddle River, NJ, when her late father got it for her in December 2003.
The dad got it from a Midtown jeweler, unaware that the Bill Goldberg Diamond Corp. had reported that Khan scammed a few of its diamonds eight months earlier which the pear shaped, six-figure rock was among the stolen treasures.
In 2012, Zaretsky and her husband, Steven, got the stone to be estimated in the Diamond District.
It eventually wound up being delivered to the Gemological Institute of America for evaluation, where specialists identified it was one of the stolen Khan diamonds and seized it, leading the Zaretskys to sue to get it back.
Manhattan federal Judge Shira Scheindlin ruled Monday that the diamond should be delivered to the pair as they are protected under federal legislation by the alleged “merchant entrustment rule.”
“It is undisputed that plaintiffs came into the property of the diamond innocently,” she wrote. “And it is also clear that. . . the business entrustment rule applies.”
She added that the gem’s previous owner, Goldberg Diamond, “will be left to keep an unfortunate liability.”
“Such is the nature of a case such as this,” she added. “Where the true criminal — Khan — is beyond the court’s comprehension. There might be no doubt that Khan’s measures were larcenous. However, because he falls within the broad definition of ‘merchant’. . . his larceny didn't preclude him from passing title. I end, therefore, that plaintiffs are the rightful owners of the diamond.”
What do you guys think!??!
Monday, July 13, 2015
Monday, July 6, 2015
How to finance / pay for your wedding (Financial Tips and Advice)
You're finally getting married! Mazel tov! Congratulations! The best of luck to you both!
Unless you’re planning to elope, you’re likely to require a lot more than luck to get through your wedding day – and I’m not talking about enduring all that time with the new in-laws. How you opt to finance your wedding will be among the first important decisions you make as a couple.
In days of yore, the bride’s family acquired a big portion of the small wedding loss, while certain specific costs were handled by the groom’s side. Today, the couple marriage will grab more of the expenditures, and you can find a lot of these.
The typical wedding price $27,852 in 2006, based on the Conde Nast Bridal Media’s 2006 American Wedding Study, with about a third of couples funding the whole shebang on their own. Since then, The Wedding Report, a business that tracks wedding statistics, tasks that the common 2008 wedding can charge $28,704, with the number rising to $33,552 in 2013.
You may spend less or even more for the same wedding, depending on where you stay, but on average, the big day will probably charge between $14,366 and $43,098 – excluding a honeymoon or engagement ring. Click here to get a more accurate estimate of what the regular charge is in your area.
Your wedding can quickly be significantly less costly — without you two eloping. There’s a lot to be said for careful budgeting, but however, about half of all weddings end up costing twice the budgeted amount, reports Shane McMurray, the president and President of The Wedding Document. So if you are going this option, you need to watch yourself and never get caught up by bills that basically aren’t important to you. Concentrate on what really matters to the two of you and discover methods to save on the rest.
One bride I know and love got her wedding dress at Goodwill, informed guests that she was documented at Citibank, and used a helluva party on a shoestring. There was plenty to consume, buffet-type, and the party was a blast – live band and all. Nonetheless it surely isn’t a wedding that will be remembered because of its area, lovely accessories, or flowers. If this bride’s approach makes your eyes cross, you'll find a large number of articles on the Internet about how to throw a frugal wedding.
But if you’ve always imagined a large, fancy wedding, it may be yours… one way or the other. Hopefully, you have a wealthy relative who wants to get the loss – or your spouse-to-be does. If not, you might be considering getting some of those wedding loans you see advertised, with prices “as low as 7.49%.”
Other options include selling your gold or diamond jewelry, or even pawning it, we advise against selling your engagement ring, and rather pawning it will be an OK option in a crunch, at least you'll get it back opposed to selling it.
Does the man in your life have a nice watch? Consider he sell his luxury watch as well, there are plenty of watch buyers that will gladly buy it, or even make a loan for it.
Unless you’re planning to elope, you’re likely to require a lot more than luck to get through your wedding day – and I’m not talking about enduring all that time with the new in-laws. How you opt to finance your wedding will be among the first important decisions you make as a couple.
In days of yore, the bride’s family acquired a big portion of the small wedding loss, while certain specific costs were handled by the groom’s side. Today, the couple marriage will grab more of the expenditures, and you can find a lot of these.
The typical wedding price $27,852 in 2006, based on the Conde Nast Bridal Media’s 2006 American Wedding Study, with about a third of couples funding the whole shebang on their own. Since then, The Wedding Report, a business that tracks wedding statistics, tasks that the common 2008 wedding can charge $28,704, with the number rising to $33,552 in 2013.
You may spend less or even more for the same wedding, depending on where you stay, but on average, the big day will probably charge between $14,366 and $43,098 – excluding a honeymoon or engagement ring. Click here to get a more accurate estimate of what the regular charge is in your area.
Your wedding can quickly be significantly less costly — without you two eloping. There’s a lot to be said for careful budgeting, but however, about half of all weddings end up costing twice the budgeted amount, reports Shane McMurray, the president and President of The Wedding Document. So if you are going this option, you need to watch yourself and never get caught up by bills that basically aren’t important to you. Concentrate on what really matters to the two of you and discover methods to save on the rest.
One bride I know and love got her wedding dress at Goodwill, informed guests that she was documented at Citibank, and used a helluva party on a shoestring. There was plenty to consume, buffet-type, and the party was a blast – live band and all. Nonetheless it surely isn’t a wedding that will be remembered because of its area, lovely accessories, or flowers. If this bride’s approach makes your eyes cross, you'll find a large number of articles on the Internet about how to throw a frugal wedding.
But if you’ve always imagined a large, fancy wedding, it may be yours… one way or the other. Hopefully, you have a wealthy relative who wants to get the loss – or your spouse-to-be does. If not, you might be considering getting some of those wedding loans you see advertised, with prices “as low as 7.49%.”
Other options include selling your gold or diamond jewelry, or even pawning it, we advise against selling your engagement ring, and rather pawning it will be an OK option in a crunch, at least you'll get it back opposed to selling it.
Does the man in your life have a nice watch? Consider he sell his luxury watch as well, there are plenty of watch buyers that will gladly buy it, or even make a loan for it.
Sell an old diamond ring for cash in New York's Diamond District
There will or may already (if you're reading this) come a time in your life when you need or want to sell your old diamond ring whether upgrading your diamond ring, or downgrading it, or coming out of a divorce or just want to sell your ring you have come to the right site.
While people want to sell an engagement ring, there must be a good reason for doing this. Wedding rings aren't just any common bands that you get on a regular evening. It is a ring that couples choose to get, if they believe they are able to get the next step towards marriage.
Broken events are one among the most common reasons on why people sell their engagement rings. Anything might have occurred that created them feel they were not designed for each other. These scenarios leave both sides feeling sad and restless. The simplest way to manage this type of circumstance is to fit an end to the connection.
If you're in the NYC area then you can get more information about our company here ----> Sell Diamonds NYC
Life is challenging and sometimes we have to create sacrifices to be able to pay the bills. People need money and selling jewelry is one of the fastest approaches to get money. But how do you understand the true price your engagement ring is worth is the alternative.
You can of course, get the delivery from the store where you purchased them. However, the price that they can supply you when you're likely to sell it back again to them could make your mouth drop. You might disagree with them but those fights will not lead you everywhere. It's better to rethink your situation and discover other ways to sell your engagement ring for a higher price.
Do not actually think of planning to pawnshops, with the hope to getting a higher appraisal. Pawnshops are not the best spot to sell jewelry simply because they know that you need the money badly. They'll try and lower the price and these prices seem to be fair to people that doesn't understand something about the business. This isn't often a positive thing and regret is something that may harm you mentally and emotionally.
If you cannot find a decent appraisal for your engagement ring, then you should probably try the online marketplace. The internet is a fantastic location for the finest products in the world today. You are able to get something from candies to the latest products with only a click of a button. With a little research you will be able to find websites that enables you to sell engagement rings as well as other type of jewelry.
The internet is not a risk-free environment. So long as you will find individuals who roams free in the online world, the only safety that you could supply oneself with is information.
Search for reliability especially else, some sites search elegant and cool but just how can you make certain that they are true?
Search for guidelines from friends, articles on the internet, publications and also in the magazines. While in doubt, you can usually check the reviews on the site if their customers were content with their services. You may also look for some people that have created successful purchases online and get their assistance.
The methods to selling engagement rings may be a difficult and rough road. All you need is a clear mind to make the appropriate decisions and the courage to release any particular accessories still constant within your jewelry.
Sell a Diamond Engagement Ring in NYC
Looking for information or a how to guide on where or how you can sell your diamond engagement ring in NYC? Well we got the info you need. When selling your engagement ring whether downsizing, upsizing, divorce, need of cash or whatever else the reason your selling your ring is shouldn't be taken lightly. It is without a doubt one of the most important purchases of your life second to a home or car.
Asking your partner to marry you is one among the most significant periods of time between couples. Some men do insane items to specific extents merely to impress and convince the girl to answer the offer with a sweet yes. Engagement functions are often presented before the actual wedding ceremony. Many couples are looking forward to their engagement so that you can tie the attachment and the love they are obviously revealing. An engagement ring is the most critical mark in this phase, but there are lots of issues that may arise. In the end, some partners separation and the looked at selling the engagement ring has found head.
To begin with, parting using an item which played a significant element in your lifestyle is not always easy. The emotional value that requires the ring is always difficult to forget. But if you out of the connection, then you must sell your ring and get willing to move on with your life.
Prior to going right to the jewelry store and returning the engagement ring, it's better to have a notion or background to the existing value of the ring in the marketplace. A certified appraiser is going to be helpful in understanding more about how much the ring may be worth. These authorities will give you the present face value so you may price your engagement ring. Detailed examination will be created and the appraised value will be centered on the current condition of the ring and the diamond. It is greater if you require a copy of certificate of appraisal because it serves as a appraisal for if you have presently a prospective buyer arranged. No-one can actually cheat you because you already have the price on the price to sell the ring documented on paper.
When selling your engagement ring, be aware that the larger the diamond, the larger the appraised value. And, there are numerous color versions of the diamond stone in engagement rings. The distinct diamond rocks are more valuable and expensive in comparison with the yellowish colored diamond stone in the rings.
The next thing will soon be deciding which method you want to sell the ring. It may be offered through various sites on the internet which retains market revenue for valuable objects. Consequently, observing for the recommendations written by the clients of the mentioned market income is a wise move around in picking the correct site to sell your engagement ring. Some jewelry merchants will probably pay up front for precious engagement rings; this really is the fastest way in disposing your ring. However, the best option would be to sell the ring to any family member and sometimes even a friend, since you've no fussing in the transaction process. Any of these possible ways of selling your engagement ring may be elected, making sure that a suitable price is likely to be matched with your valuable and sentimental ring.
Despite the fact that splitting up (especially on the engagement section of the relationship) is tricky, moving on with life and making the past behind is the best thing that anyone may do. You ought to sell your ring provided that you understand that you're producing the appropriate choice and it is a way in making you satisfied. So if you are looking to Sell Engagement Ring in NYC then please check us out on the link provided.
Asking your partner to marry you is one among the most significant periods of time between couples. Some men do insane items to specific extents merely to impress and convince the girl to answer the offer with a sweet yes. Engagement functions are often presented before the actual wedding ceremony. Many couples are looking forward to their engagement so that you can tie the attachment and the love they are obviously revealing. An engagement ring is the most critical mark in this phase, but there are lots of issues that may arise. In the end, some partners separation and the looked at selling the engagement ring has found head.
To begin with, parting using an item which played a significant element in your lifestyle is not always easy. The emotional value that requires the ring is always difficult to forget. But if you out of the connection, then you must sell your ring and get willing to move on with your life.
Prior to going right to the jewelry store and returning the engagement ring, it's better to have a notion or background to the existing value of the ring in the marketplace. A certified appraiser is going to be helpful in understanding more about how much the ring may be worth. These authorities will give you the present face value so you may price your engagement ring. Detailed examination will be created and the appraised value will be centered on the current condition of the ring and the diamond. It is greater if you require a copy of certificate of appraisal because it serves as a appraisal for if you have presently a prospective buyer arranged. No-one can actually cheat you because you already have the price on the price to sell the ring documented on paper.
When selling your engagement ring, be aware that the larger the diamond, the larger the appraised value. And, there are numerous color versions of the diamond stone in engagement rings. The distinct diamond rocks are more valuable and expensive in comparison with the yellowish colored diamond stone in the rings.
The next thing will soon be deciding which method you want to sell the ring. It may be offered through various sites on the internet which retains market revenue for valuable objects. Consequently, observing for the recommendations written by the clients of the mentioned market income is a wise move around in picking the correct site to sell your engagement ring. Some jewelry merchants will probably pay up front for precious engagement rings; this really is the fastest way in disposing your ring. However, the best option would be to sell the ring to any family member and sometimes even a friend, since you've no fussing in the transaction process. Any of these possible ways of selling your engagement ring may be elected, making sure that a suitable price is likely to be matched with your valuable and sentimental ring.
Despite the fact that splitting up (especially on the engagement section of the relationship) is tricky, moving on with life and making the past behind is the best thing that anyone may do. You ought to sell your ring provided that you understand that you're producing the appropriate choice and it is a way in making you satisfied. So if you are looking to Sell Engagement Ring in NYC then please check us out on the link provided.
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