Value of item now

Cinamon Girl

Hi,

I wonder if anyone can help me. I bought a ring in Switzerland in 1991 for 640 Swiss Francs. How would I find out what it would be worth now. Bear in mind I have lost the ring and therefore can't get it valued. I'm asking as I want to claim for it on my house insurance. Any help greatly appreciated.

Nichololas

640 Swiss francs = 395.986172 Euros

According to Google's inbuilt converter.

JangoFett

€78 million

But seriously....ehh, you should probably forget about it

Nichololas

^ He stole it.

A racy brainrot

MAybe if you visit some antique shop?
Visit more then one shop though, the guy could try and get you to sell it to him for next to nothing when in fact it's worth a lot

Nichololas

A racy brainrot wrote: »

MAybe if you visit some antique shop?
Visit more then one shop though, the guy could try and get you to sell it to him for next to nothing when in fact it's worth a lot

Cinamon Girl wrote: »

I wonder if anyone can help me. I bought a ring in Switzerland in 1991 for 640 Swiss Francs. How would I find out what it would be worth now. Bear in mind I have lost the ring and therefore can't get it valued. I'm asking as I want to claim for it on my house insurance. Any help greatly appreciated.

Eh?

A racy brainrot

oh oh oh
Probably only funny to me. lol

I only read the first three setences of the op

RobertFoster

Enlil_Nick wrote: »

Eh?

There's never enough time to read everything. It's depressing walking into a bookshop sometimes.

Defenestrate

Happy to be in you luck! Kindly arrange send valuable ring for valuation to Felix Mugubugu esteem jeweller and Nigerian King!

Felixmugubuguoffishaljewellernoscam@yahoo.com

Ponster

Well it's really not up to you to work out the value, that's what the insurance company does isn't it?
You just show them proof of purchase and not tell them what you think the ring would be worth today.

The Hill Billy

Based on the price of a pint of Guinness in 1991 at around €2.00 & let's say the average pint now costs €4.25. Then using Enlil_Nick's conversion of 640SF to €395.99, the value of your ring today would be €841.48.

Obviously, if you drink in really flash places where you can pay up to €6.00 for a pint then your ring would be worth €1187.97.

My advice would be to tell your insurance company that as you only drink in the Four Seasons you want them to fork out €1,200 for a ring that has been dubiously estimated to only be worth €800-odd by some dodgy geezer on the interwebs.

Gone West

Enlil_Nick wrote: »

640 Swiss francs = 395.986172 Euros

According to Google's inbuilt converter.

800 including historic exchange rates and inflation.

DonJose

A rough inflation calculator would price it at roughly €1,000

http://www.halfhill.com/inflation.html

FunkZ

The formula is

[original cost x 14% per year]

Sherifu

FuzzyLogic wrote: »

800 including historic exchange rates and inflation.

Like a fine wine, best kept in the cellar.

bytesize

I thought you could only claim off your house insurance if something was 'STOLEN' and you had a statement from the police which confirmed this.

Oh and by the way, would it be worth claiming as I think the cost of insurance would rise also.

Ponster

bytesize wrote: »

I thought you could only claim off your house insurance if something was 'STOLEN' and you had a statement from the police which confirmed this.

Depends on the policy I guess but I have *never* seen one that paid back oin lost items, only stolen or lost in fire.

astrofool

Get the value of another similar ring (replacement cost).

The price today will be determined by the workmanship of the ring and the materials it was created from.

It could possibly be worth less than in 1991 or worth a lot more.

TripleAce

An item is worth as much as people is willing to pay for it....put it on ebay and see

TeletextPear

Defenestrate wrote: »

Happy to be in you luck! Kindly arrange send valuable ring for valuation to Felix Mugubugu esteem jeweller and Nigerian King!

Felixmugubuguoffishaljewellernoscam@yahoo.com

Gone West

Sherifu wrote: »

Like a fine child, best kept in the cellar.

What?