That said, we do buy jewelry through the mail. Expect to be offered less than 50%. Hi, I came across your website and you have some great tips and advice on selling jewelry. The estate jewelry value could be 99% determined by the gem. It also keeps the transaction local. Hi Robert, it sounds like you have an interesting collection there. There is very little intrinsic value (gold plated silver), so most of the value of the piece comes from the style and how much you like the look of it. Net working with friends and family might give a lead to someone willing to buy. I’m in Louisiana and am selling my wedding set as well. Hi I have a ring I’m not sure on what it would worth to sell, someone bought it for me as a gift from Kay jewelers the ring itself is 925 silver but its also marked F.D I believe that means the diamonds are real but again I’m not a jewelry person its has a big sapphire in the middle surrounded by the little diamonds. I really don’t know where to start. You must know the details of the contract to understand what will and will not happen. Realizing its true value will be tricky, if you are looking to sell it. Certificate #: 12266057,12804144,12790368 jQuery('#slider_1671').owlCarousel({ If you want to go the “retail” route and sell through Craigslist, be very aware of the security implications. Antique jewelry is highly collectible and may require a specialty option to sell. In general, the market value of a piece will be between 10-50% of its appraised value depending on numerous factors such as: condition, style, intrinsic value of components, rarity, designer, etc. Or did I pay too much? It’s a really beautiful setting – the prongs kind of sweep and cross on the sides – but I don’t want to put new stones in it and I don’t know whether it’s better to try to sell the setting or to trade it for the value of platinum (only about $160-$175). It stands to reason that you cannot sell your personal jewelry for as much as the lowest cost retailer. One very positive side effect of selling jewelry is you will learn how to evaluate jewelry. Hi Martha, silver and palladium alloyed jewelry, never really took off in a huge way. I have a question, I have an amethyst, diamond, gold Bulgari ring. How likely is it that sale prices at auction would beat wholesale prices? I have a lot of pearl jewelry a few opal pieces accented with diamonds with 14k wg. Of course, that doesn’t mean the 1985 Camry is actually worth that much if you were to sell it. In addition the bank should have some security if something goes bad. However, it’s always a possibility. You might be interested in our blog on how jewelry is valued. The length of time it takes depends on your method, the marketability of the item and your willingness to negotiate or accept an offer. It’s definitely worth the gold weight of the 14k. Trust your instincts. Traditionally, at Arden Jewelers, if we were to take out a diamond before we buy it (e.g. I have photos and a short video clip if you want to see it. Hopefully that helps, and if you’re local, you can always bring the jewelry by the shop for a free value appraisal. There are many trade schools that teach jewelry working skills that may be able to help you, and of course, GIA has excellent educational programs. Would you say a bit more about the relative returns when selling fine jewelry through a well-rated BBB medium sized auction house (such as those in a major city jewelry district)? Best jewelry deals available now! We need someone we can trust. Mary. Do not wear a piece of jewelry on the sales floor if the store doesn’t carry that line. I have a oval cut diamond loose weight is 2.28cts., 11.92mm x 7.7mm x 3.65mm of L color and si2 clarity. They typically handle the transaction from start to finish, including photography, posting, collection of proceeds and shipping. Who will trust whom first. Hopefully that is helpful, and feel free to contact us if you have any additional questions. The cash wholesale value could range from as low as $800 to as high as $4,000 for the retail $7,900 piece and $350-$1,500 cash wholesale for the retail $3,700 piece. 3. I’m so glad you enjoy the articles on the website. The Don of one of these families made a special request to have this ring made for one of his daughter’s 15th birthday, and the blacksmith made it from locally mined silver. Public bulletin boards offer a inexpensive way to reach people. If you are uncomfortable selling it yourself online, you could consider using the services of an auction house like Christie’s or consigning it with a local jeweler. There are very few circumstances where a diamond buyer would need to evaluate the diamond for that long. There is an air of sophistication in liquidating jewelry through a major auction house. Consignment generally consists of a contract for the amount the jewelry will sell for and the percentage the store will keep. Here are some tips on what to post on social media: Close-up photos of … We don’t recommend mailing your jewelry to the popular Cash for Gold operations. It’s a gift from the heart. I have a 6.5 gram 14kt gold ring and with the cost of gold at 1250.00 it’s worth approx. A retail jewelry sales position can also lead to a substantial income for top sales professionals, and commissions can add even more to the income. Then I will clean and grade the diamond in front of my client. The keys to selling your estate jewelry at auctions are finding the right house for your particular jewelry, knowing the best time to sell, and luck. ), and we would be happy to take a look at it for you. But, on average you can expect black diamonds to sell for around 10-30% of the price of a clear diamond that is the same size. One of the things that sets us apart from other jewelers is that, whenever possible, we strive to pay more than just the metal and gem value of the piece of jewelery. I have heard 5-10%, from various refiners, and that loss amount depends on the alloys originally used to make the platinum jewelry. Also, find out how the store is going to sell your jewelry. Happy selling! I’m glad the website has helped. Our expert buyers will teach you some tips to get the most for your unwanted jewelry. You can generally get more this way than selling wholesale to a jeweler, but you have increased risk and time. If not interested, they will let you know. We will also tell you if it’s genuine for free. Feel free to contact us if you have any additional questions. Hi Alicia, reselling a wedding ring can be very frustrating and I’m sorry it’s been that way so far for you. Hi Sharon, thanks for commenting. Let us know what stamps you see when you send your email. We'll help you enjoy the adventure and learn some new skills. smartSpeed : 200, You do not want to let something go too cheaply. My question is- Is this “breakdown” charge real? and they each have a certification # with them. Some jewelry brokers also act as a dealer and buy out right for an immediate transaction. Hello Carolyn, thanks for commenting. The three units of weight used with precious metals are troy ounces, pennyweights, and grams. The appraisal is meant to tell the insurance company how much it would cost at maximum retail to replace the item with a brand new one similar to it. Whatever you decide to do, be safe, and we wish you the best. Hopefully that helps a little, and feel free to post back if you decide to go the auction route. Hello, is there any one you would recommend in the Los Angeles, Long Beach, Cerritos area for estate jewelry and coins too? Jewelry Consumers Demographic. If you are in the Sacramento, CA area, feel free to bring the ring by our shop, and we can give you a free value appraisal. Given their nature, you may find a better market for them online, but many buyers will want some kind of proof of what the items are. Please tell me what the going rate is now for silver. ), and we can give you a rough estimate of the current market price. If you are ever in the Sacramento, CA area, please stop by the shop. Few pawn shops that we know of have gemologists on staff, but definitely call around. They will also offer to re-set stones from your unwanted jewelry into a new piece. You can even tell them that you will call after the meeting just to check in. They are very beautiful, but very formal looking, to wear to a very elegant type of event. Right now I am in the process of finding a jeweler I can trust to appraise two necklaces I have? I went ahead and sent you an email about your sapphire. Many of the pearls that are on the market are freshwater, cultured pearls which usually have little resale value. Silver jewelry is usually sterling, which is .925 pure. Hi Margy, that’s a good question. Don't worry. Newspapers offer individuals the best chance to sell to a retail customer. Creativity is a powerful tool in reaching the public. I have a ring that has been appraised to $15,000 very brilliant diamonds almost perfect one of a kind custom made I really want to sell it I’m even willing to take a loss because I really need to sell it quick. That’s a tough question, and it really depends on what’s most important to you. I’m unsure how the rarity of this item might influence its value. Please feel free to come by the shop anytime. autoplay : true, If you go the retail route, be safe, and checkout the articles I linked earlier. Selling your estate jewelry is not an everyday experience. With seeing the piece in person, it can be difficult to evaluate, but we may be able to give you a rough ballpark to go on. There are so many factors that go into determining the market value of a wedding set. slide_height = (slide_width / 16) * 9; slide_height = Math.round(slide_height); Many of these shops buy watches, and they will have a good idea of the current market value. It sounds like you have a very interesting piece there. I have Amethyst purple rough stones and I’m looking for buyers. The largest audience isn’t always the best since many people are more comfortable dealing with their “neighbors”. Any thing you could tell me about it so I can know the worth I know he told me he paid around 400 for it when he bought it. Hopefully that helps a little. There is also usually a fee added to process the gold up to $500. Personal safety and protection against robbery should be your first priority. Feel free to email us some pictures and any other details you have on the earrings, and we would be happy to take a look for you. If you can take a good picture and email it to service@mygemologist.com, I might be able to give you a ballpark estimate of the value. What are your time and energy worth? We would definitely be interested in evaluating them and giving you an offer if you are in the Sacramento, CA area. Some such transactions can be consummated within a week. Find out what the process is if the store closes or moves. Hi Max, thanks for commenting and I’m sorry to hear about the frustrating experiences you’ve been having. In that case, take pictures or do a personal showing. But, if the pieces are in excellent condition and signed by a famous artist, they can be worth much more than their weight in silver. Today, we see a radically different retail environment as traditional jewelers compete for sales with internet and “wholesale” dealers. I inherited a short pearl necklace about 14 years ago from a great aunt – her husband was a jeweler. Thank You! The gemstones by themselves sound like they might be between $25-75 wholesale, however, without seeing them, I can’t say for sure. I was told that the reserve price should be well below wholesale to entice buyers to join the bidding, after which they would be loathe to let someone else outbid them. Can I sell my ring to you? Are these even worth trying to sell? The pieces are in very good condition and I would like to know how much I should price this for auction on eBay. Hopefully that helps. If you don’t have a way to meet the potential buyer at a public place, then do not sell your jewelry to the general public. It’s a split shank, double halo ring with a .84ct center round cut diamond and .55cts of accent diamonds. If it’s a heavy gold ring with a big gemstone, then yes I would re-appraise the ring since the gold and gemstone market is more volatile. Jewelry brokers offer a professional service for a fee. I am not sure what to call the style other than “classic.” I am trying to determine the best way to prepare for the possibility of my family having to sell it. I don’t know if some of it would be worth $10 or $1,000. I have a Longines watch that belonged to my grandmother. This is her ring: Hello Yasmin, that sounds like a lovely ring, and a dark aquamarine is the more valuable type. var slide_height = '0'; The troy ounce is equal to 20 pennyweights (DWT) or 31.15 grams (learn more about measure precious metal weights). So, for your ring, that’s $120-$600. Pitfalls You give up a portion of the proceeds which may take months to realize. var slide_width = slider_width / 1; Thank you for any assistance. Purchased from Blue Nile appraised by their gemologist at $3,500 hundred. Do you need to have cash today? It sounds like you found some very interesting jewelry there. Social media is a FREE way to get your jewelry marketing out so people can see what beautiful items you have for sale, and you can drive clicks from social media back to your website. Worn out jewelry impacts the value. Also, if a trade-in is your choice, contact the original selling jeweler. Feel free to bring them by anytime in person and we can give you the exact cash wholesale value. ), as well as profit margin they are comfortable working with. 925 silver earrings, 14k and 18k gold earrings 3 pair made and purchased in the Middle East, some Silver mint proof American Eagle Silver Dollars. Determine the item’s weight . If getting new jewelry was your intent, these are viable options. I have a beautiful set of wedding rings, custom made pre 1941.Both rings have many small round diamonds (lots of sparkle), set in platinum. Just remember to subtract some refining cost and profit for the dealer and you can find out the intrinsic metal value for your jewelry. Yes I have seen 18k baby bangles And we do buy all types of genuine gold jewelry. Hi John, thanks for the kind words. loop : true, Or, if your not local, send us a couple good clear pictures (text or email us) of the front and back of each piece, and we can give you better advice on the best place to sell them. Arden Jewelers Catches Undisclosed Lab Grown Diamond. BUYING GUIDE - About Gold Jewelry: Browse Gold Jewelry: Gold jewelry is our main area of expertise here at GoldenMine.com, and since we have such a wide variety of options available, the abundant options can be overwhelming at first.Whether you're looking for gold chains or other gold jewelry such as gold bracelets, earrings, or pendants, GoldenMine has something for practically everyone. I have no idea how to move a piece like this. On the other hand the gem could add zero to the value. At the price point, most people prefer to buy them new. } else if (win_width < 768) { Ritani Women’s French-Set Diamond Ring in Palladium (0.28 CTW) Size 7. They have just been sitting in my jewelry box for years. It is a nest ring made after the Olympic stadium, and it is number 1 of 25. I am in Idaho otherwise I would love to bring them to you! I am just picking one of the prices listed on the certificate. If you are ever in the Sacramento area, feel free to come by for a free evaluation. There are 3 pieces that have never been worn, 1 being a topaz/sterling silver necklace that has 3 = 18.53 ct tw stones that hang one under the other in a straight line and I have a couple pieces that have only been worn a handful of times, I would like to know if there is any value to any of them, and how I would go about selling them to you if you were interested or another that you may know of. Have chosen to share with us the difference is between appraisal value and market. 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