Now forgive me if this has already been said, but i would like to think since i havnt seen it (im to lazy to look and i thought of it) that i might share some auction tips that could make money. NOT sure if its a 100% a effective seeing as how im kind of in the making of it all buttt. Say you go to a site like bidz.com, your looking on the site for whatever interests you(jewelry wise). You come across an Engagement ring, its worth $1,460.00 (14k white gold very nice brand new btw) and the bid starts at 1.00$ (8 hours later, because most of them that are this low have just started..) your bidding and your waiting for the time to go by. now theres 30 seconds left and you need to bid. so you bid and the bid is up 200$ and you bid 210 and win the auction. Now to get to the jist of it all. My point of this is to make a large profit off of the engagement ring you could just go to a jewelry store with the diamond with the appraisal( you get this on the site to if u order it) in hand and ask them how much they would give you for it. Knowing that you paid 210 for it you would like to make atleast a 65% profit off it. so basically what i would do is say "well it was my girlfriends ring but she never wore it and i would like to get the best deal possible for it.. Whats your offer?" then the jeweler would look at it and give you an estimate and then go from there.. would this be a good idea or bad one? i think it would be extremely profitable if you played your cards right...theres TONS of jewelry company's around where i live so im sure i could do it at least 12 times and possibly over within a period of time..