Where should I sell my Jewelry?

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There are 2 ways to sell your Jewelry.

1. You can sell your jewelry to the general public like friends and family, via newspaper ads etc.

2. You can sell it back to the Jewelry Industry. Within the Jewelry industry you have a few options that I will discuss below. Miami Jewelry Buyers

 

Does my Jewelry need to be in good condition?

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• No, your jewelry doesn’t need to be fixed or polished. It can be even broken or missing pieces.

• Rings necklaces, earrings, bracelets, brooches, or any other Jewelry have value for the Diamonds, colored stones and the Gold.

• Jewelry can be appraised, valued, bought and sold. They don’t need to be un- mounted or in good condition.

• Some Jewelry is signed by prestigious jewelry houses like Cartier, Harry Winston, Tiffany, Van Cleef and Arpels, David Web and others and in such case the value is higher.

 

How much will I get paid for my Jewelry?

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• If you sell to the general Public you should get around what you paid. Although if bought before 2007 the price of gold was much less back then.

• If you sell within the Jewelry and Diamond Industry you will probably get about 30 to 40 percent of what you paid if you bought it retail, maybe more if you find an experienced Jewelry Buyer that has been years in the business.

• Typically when you buy Jewelry from a retail establishment, you pay more because there are many people involved before the retail jeweler like cutters, dealers, wholesalers, manufacturers etc. And all of them need to make a profit.

 

How do I know how much my Jewelry is worth?

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• If the Jewelry is just gold and a pretty common style and isn’t signed by a recognized Jewelry house it will be bought for its gold value. Gold prices fluctuate daily and they are currently in an all time high.

• If the Jewelry is signed or has Diamonds, Rubies, Sapphires or any other precious stones then the best way to sell your Jewelry is to know the current market value via an Appraisal.

• To know the real value of what you have you must take it to an Experienced Graduate Gemologist, or G.G. graduated from the Gemological Institute of America.

• Make sure that you tell the appraiser that you intend to sell the Jewelry. The appraisers have different values when appraising like Liquidation value and Replacement value.

 

What Jewelry is more valuable?

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• Fine Jewelry set with large Diamonds, Rubies, Sapphires or Emeralds.

• Jewelry that is signed by prestigious Jewelry Houses like Cartier, Harry Winston, Tiffany, Van Cleef and Arpels, David Web and others. Some rare and Antique Pieces.

 

How do I sell my Gold Jewelry?

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• If the Jewelry is just Gold, 10k, 14k or 18k you can sell it to a scrap Gold buyer, a pawn shop, or a local Jeweler. In such case it is sold by weight and you can call a few places and ask how much they pay.

• I don’t recommend mailing it out to any of those honest looking but deceiving companies that advertise as Gold buyers. They have a horrible track record. You will probably be disappointed.

 

How do I sell my Fine Jewelry?

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• After having it properly appraised take it to a reputable and experienced Graduate Gemologist / Jewelry Buyer that has been years in the business of buying and selling Jewelry.

• Now that you are informed you should be able to make the right decisions and you will be able to negotiate with some basic knowledge, not emotions or instincts.