The ghost of appraisals past: a jeweler could have lost his JBT standing, his reputation, and even his business--all through no fault of his own.(APPRAISAL LAWSUIT.)

From: Jewelers Circular Keystone | Date: April 1, 2005| Author: Roskin, Gary | Copyright information

On Nov. 16, 2004, John Anthony Jr. stood in a Pennsylvania courtroom awaiting a jury's verdict. He was accused of a reputation-demolishing, potentially business-destroying offense: switching a diamond.

The civil case revolved around a 1988 update of a 1965 appraisal, both performed by the defendant's father, John Anthony Sr. The lawsuit was sparked by a third appraisal of the diamond in question, performed in 1999 by professional appraiser David Atlas, president of D. A...

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