How to Sell Jewelry
How to Sell your Jewelry…
At the Jewelry Appraisals Online Center two of the most frequently asked questions we get is:
- “How do I sell an item of Antique or Estate Jewelry?”
- “How much should I ask for it?”
Warman’s Vintage Jewelry: Identification and Price Guide (Warmans)
Price: $16.49
Very often people receive an item as a ‘Hand Down’ or ‘Bequest’ after someone has passed away. It may, or may not be worth something, or the person ‘Just doesn’t like it’….
So here is what to do..?
RULE 1: Take back control.
The Jewelry Trade in general are a Fine and Trusting lot, but there are always the ‘Shyster’ or ‘Fagin’ characters out there.
In this case it’s not Buyer Beware, but Seller Beware…
Article Continued Below…
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Article Continued…
Sometimes the Second-Hand Dealers or Pawn Brokers (all of whom have a great general knowledge on Buying and Selling) may not QUITE know what your particular item is really worth - PLUS they only see it from their perspective.
So the first thing to do is get your Jewelry Appraisal checked and valued by a qualified gemologist (if there are gemstones involved) and/or a member of the local Valuers association.
Your local, TRUSTED Jeweler might be both.
It is greatly suggested that the person you obtain a valuation from, is NOT INVOLVED IN THE PURCHASE OF THE ITEM.
But a further word of advice is given here too…
Let these people know ‘WHAT YOU WANT THE JEWELRY APPRAISAL VALUATION FOR’.
There are several TYPES of Valuation and all will have a different price on the bottom line.
- Did you want a Jewelry Insurance Valuation?
- Did you want to sell the item to a third party?
- Did you wish to sell the item through an Auction?
- Did you just want to know what it would fetch?
All of these are very valid points, but all are different. If you are not sure which one applies to your particular situation, why not check our section on ‘TYPES OF VALUATIONS‘ in the Valuation Appraisal Centre right here.
If you don’t want to go to a great expense, you might take advantage of the useful ‘Do it Yourself’ ONLINE Valuation Self Appraisal Kit.
At US$19.95 it’s money well spent. Indeed, especially if you just purchased something on eBay or Yahoo auctions for example, you might wish to confirm an approximate value by using this easy to use valuation kit.
The ‘walk through’ instructions are so easy my 8yr old Granddaughter completed the form in under ten minutes. (She had it all wrong of course) but it was under ten minutes. 
‘Just Kidding…’ It couldn’t be simpler.
My other Granddaughter (Rachael was 10) did it easy AND correct!
So if you recently bought something from a local Dealer, on the Market or at the Antique Fair, why not get it checked.
What’s the worst that could happen? You blow US$19.95 - Not much of a Risk, is it?
At this price it’s a Bargain, plus there are many other advantages to having your Jewelry Appraisals Online done right here, at the Center.
RULE 2: Pick your Market.
What we mean by this is:
- Are you in a hurry to Cash something in?
- Do you have the Time to ‘Try, Try again…’ should something NOT sell the first time around?
- What are the costs involved?
- How about selling something ‘On Consignment?’
Auction Houses are a great way to sell your Jewelry, but even the best of them have costs. Find out BEFORE you sell.
Selling on Consignment is another good method, as you should get more money from the sale than if you sold it directly to an Antique Dealer. BUT IT MIGHT TAKE MORE TIME.
Are the Classified Ads in the local paper worth doing?
In our experience… NO! Plus you have the extra security problem associated with someone coming to your Home to inspect the goods, ‘And Check out all your other stuff too’
It’s just not Worth it…
Don’t forget - Ikey Solomon is STILL OUT THERE SOMEWHERE….
Tags: antique, Gemstones, Jewelry Identification, Jewelry Trade, online jewelry appraisal, Pawn Brokers, selling jewelry, valuation appraisal, valuations
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