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Replacement Value, is the term used for Insurance Valuations, the price shown is what would be charged to replace the item in the event of loss, the price is for the replacement of a new item unless it is Antique and may only be purchased at auction.
This is when we have loaned a customer money against an item of their jewellery and they have not come back to repay and collect their items within the agreed time limit of their contract, so therefore we put these items in our shop for sale to re-claim the money we loaned against them.
YOU DON'T PAY ANY VAT ON UNREDEEMED ITEMS
We do yes however before making a purchase you need to email us what the item is you would like and which country you need us to send it to because the delivery price is different on each item as we need to insure it in case of loss or damage. So once you have given us the information we contact the shipping company find out how much it will be and let you know, if you are happy with this we adjust it on the site and you can proceed with your order.