New, in the box (from which it has never been removed), as it came from the factory. This criteria is so
difficult to meet, that it is almost NEVER used.
NEAR MINT:
Appears to be never worn or used, nor stored improperly. It may display it's age by tarnishing,
especially in silver (once polished, however, it is no longer Near Mint).
EXCELLENT:
Top condition with no chipping, fading, missing stones, no yellowing stones, no peeling, no worn prongs
or edges. Backs (expecially of earrings) may be very slightly worn as long as the front is still in Top
Condition. Replaced stones should be so perfect in size, cut, and color that it is virtually unnoticable.
VERY GOOD:
Well cared for with no missing stones, no dead or graying stones, no peeling pearls. Enamel may
have
minor chips. May show slight wear or scratching on prongs, edges. May have minor spotting which can
not be seen without a loupe. Backs may be very moderately
worn. Replaced stones should be a good
match in size, cut and color.
GOOD:
Very wearable and acceptable, however, upon close inspection may reveal some poor foiling including
spotting (the small "pepper" kind), minor darkening or graying stones, chipping, minor yellowing and wear.
FAIR:
Damage is immediately visible and may or may not be repairable and might include missing
stones, dark stones including spotting that is more than "pepper", broken parts, & severe wear.