How to Sell Your Jewelry: What You Need to Know the Get the Most for Your Fine Jewelry?
That diamond engagement ring your ex gave you some years back, the ruby necklace your aunt left you when she passed, the gold watch you used to wear but have retired to a forgotten jewelry box that sits on your dresser – there comes a time that you may be ready to let go of your treasures. If that day comes, and you want to sell your fine jewelry, there are a few things you should know so you can get the most money possible.
Fine Jewelry Buyers
Fine jewelry buyers as well as antique jewelry buyers are certainly not all created equally. Some are professionals who take great pride in what they do. They are experts in the industry and operate with the utmost integrity, paying fair market value for fine and antique jewelry.
Other antique and fine jewelry buyers are not so ethical. They make their money off ripping off their customers or giving far less than the pieces are worth.
Sifting Out Antique Jewelry Buyers
How do you know the difference? It is imperative to do your homework when you are looking for the best place to sell antique jewelry. Find out all you can about the fine and antique jewelry buyers you are considering doing business with. Check out their presence online. Dig to see if there are any complaints with the Better Business Bureau. Ask anyone you know who sells fine jewelry for recommendations.
Know What Your Jewelry is Worth
Although antique jewelry buyers who are trustworthy professionals will be able to tell you the exact value of your piece, it’s a good idea to have an understanding of the market before you get an appraisal.
The worth of your jewelry is two-fold. What is it worth to you sentimentally? And, what is the monumental value? The only part sentiment will play when you go to sell fine jewelry is the fact that you may or may not find the buyers offers acceptable. If you don’t, you are not obligated to sell your jewelry.
The monumental value of your fine or antique jewelry will be determined by several factors. The actual current worth of the materials it’s comprised of – like gold, diamonds, and precious stones. Vintage jewelry is also appraised for such things like age, condition, and history of the piece.
Time Frame Matters
If you are in a situation where you need cash fast, you may be forced to sell your fine jewelry for less. In that case, a pawn shop is ready and willing to snatch it up in return for instant cash. But, you’ll most likely get way less than you would if you deal with a reputable fine jewelry buyer or antique jewelry buyer who appreciates the full value of your piece and is willing to pay for it. It takes a little extra time to make an appointment to do business with a fine jewelry appraiser, but may very well be worth the wait.
Be sure what you are asking for your jewelry is realistic. If you are way too high in your expectations, you have two choices – lower your expectations or you can make the decision to keep your jewelry. Never forget, it’s your call. No buyer should try to talk you into taking settling for less than your asking price. Neither are fine jewelry buyers obligated to give you an unrealistic price.
Knowledge is Priceless
The more you know about the antique jewelry or fine jewelry you are selling, the more you increase your chance of getting a better return. If your piece has a unique historical value or incredible story behind it that can be verified, you may be able to get more for it – like if your diamond ring came from a celebrity or the necklace your aunt left you was given to her by a prince. Whatever the origin of your piece and the story behind it is, sharing the information might be helpful.
Sell Fine Jewelry
If you are in the market to find the best place to sell antique jewelry, Scott Gram Antiques for top prices paid in the antique and fine jewelry buying industry.