(In case you're curious, in two hours we scored a new volleyball, several phone cases, a two-person inner-tube, cheap jewelry, two boogie boards, and a very nice leather couch missing one leg.

Lock your valuables-- purse, wallet, phone, computer, jewelry box, car, etc.

They don't have credit and few of them work. 1) Everyone must fill out an application. 2) If they want to paint or buy a puppy "in the future" - no3) Monies owed, even medical - no4) Facial jewelry and boyfriends and girlfriends on the first visit - bad sign and usually no5) Right to enter quarterly for pest spray and filter change.

And lets say you buy it for more than the assessment value times the Common Level Ratio, then there may not be any tax owed, (this is dependent on the total estate picture, if the real estate was under water, but there were other assets like bank account, paintings, jewelry, personal property then there would still be tax owed and the Revenue property probably won't release the lien on the property until the total Inheritance Tax obligation is paid for the entire estate. 

Between cash, vehicles, equity in properties, and collectibles/jewelry, I have a net worth of ~$500k.I know commercial lenders care about previous experience - I have been an owner/manager of my two rental properties for 5 years.I have perfect payment history over the last ten years, save for a foreclosure on my record from 2012 (I'll spare you the boohoo story - ultimately it was my responsibility). 

Today everything I need is within about a 2 to 3 mile radius ( 5 to 10 minutes).We went to the mall first time in 6 months to get the wife's jewelry cleaned and serviced from Helzberg. 

They can be cash or jewelry from a safe deposit box, stocks, dormant bank accounts, surplus funds from foreclosures (in NJ there is only unclaimed property/surplus funds from judicial-mortgage foreclosures NOT tax foreclosures).

Insurance will pay for most stuff, but we lost baby pictures, clothes, inherited jewelry, .... priceless items!

I have been burnt twice, once I got majorly robbed with all my jewelry in a safe - $20,000. from ex roommate, the other left without paying rent and left me with no roommate for 3 months.Now the potential tenant wants his $100 back.

I suggest you do that too.If you were going to begin investing and dealing in diamonds, don't you think it would be logical to understand what those rocks were, how they cut, what different grades were, why they are used in industry and for jewelry or simply left as investment grade before you jump in and start dealing in this area?