ANSWERS: 3
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I'm sure that if it was appraised at nearly $9000 (by a reputable third-party jeweler who was NOT the one who sold it to you, or associated with that one) twenty years ago, that it probably hasn't lost any value. (The price of gold had crashed by 1989, I think, from the ridiculous heights it was hitting earlier in the decade.) But any 'thing' has an economic value of whatever someone is willing to pay you for it. Certainly another jeweler can tell you its monetary / economic value. What is it worth to YOU?
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You need to see a jeweler.
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just go to an appraiser
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