if the client only wants to sell us the center diamond and keep the ring), I try to remove the diamond in front of the client, at the front desk of my store. 2 of them weigh 8g and the other weighs 10g. Sales are not guaranteed. I have no idea how to sell this piece. If you go wholesale, try to find a jeweler with a gemologist buyer who can accurately evaluate your gems as well as the gold. The transaction can be problematic or smooth. There are a lot of other factors like condition and style of the piece to consider that will also affect where your jewelry falls in the estate market. I’ve taken into a couple of stores and they only want to give me the price for the silver. This is normally a function of time. Feel free to email us any pictures and details you have (appraisals, price paid, gram weights, etc. Fine watch sales saw a 5.8% increase and total sales of $9.4 billion. If trading in, make sure your potential purchase isn’t inflated to cover the trade-in. How likely is it that sale prices at auction would beat wholesale prices? Retail sales is one of the biggest fields of employment in the US, and fine jewelry is one of the most interesting and rewarding of all the many areas in retailing. slideBy : 1, One being the stone is most likely over $100,000, the other reason is if you and the buyer decided to send the stone to GIA to be graded which can take weeks. Most work on a cash evaluation of the jewelry. I recently came across the ring and was thinking about selling it. Finding such a person could be a challenge. ), and we can help you figure out the market value. He said he would needed to do further tests and wanted me to leave it, but I told him no and it’s been in a safe ever since. responsiveRefreshRate : 200, autoplayTimeout : 5000, That value can vary widely depending on the person you ask. Personal safety and protection against robbery should be your first priority. jQuery('#slider_1671 .owl-item .sa_hover_container').css('min-height', slide_height+'px'); You might be able to get more selling it yourself, but, of course, you’ll also have to deal with the time and risks associated with that. Customs is something that you will need … Thanks, Ann marie. Hi Vikki, thanks for commenting. Arden Jewelers Catches Undisclosed Lab Grown Diamond. 10 karat is 10/24 or .410 gold and the balance of weight is the alloys. The task seems overwhelming right now. So, for your ring, that’s $120-$600. The secondhand seller has the exact same ring for $5,100 on sale. loop : true, Hi Holly, thanks for contacting us. Is there anyone you associate with that could tell us the value of this ring. I found a ring several years back in my house during remodeling. I recently took some estate pieces to a local jewelry store. This list of ways to sell estate jewelry is not exhaustive. Jewelry brokers offer a professional service for a fee. Properly clean your jewelry before showing it around. Hi Alicia, reselling a wedding ring can be very frustrating and I’m sorry it’s been that way so far for you. Newspapers offer individuals the best chance to sell to a retail customer. All came with appraisals done in 1990’s. You are right to be cautious with eBay, and I would council you to be careful when selling on Craigslist as well. If you want to go the “retail” route and sell through Craigslist, be very aware of the security implications. I look forward to hearing from you. Some times the jewelry is sold for very much less then advertised or never sold at all. The formula used to calculate the price is the metal price(the daily spot price) multiplied by purity(the true noble metal content) times weight(can be in ounces, pennyweights or grams) . Mary. 23 Things Every Jewelry Store Employee Knows To Be True ... the difference between a sales associate and a therapist. I can email pics and whatever details I may have if you’re interested in looking at them, I have the receipts for 1 maybe 2 of the pieces. 155-165. If you are local, feel free to swing by anytime we are open. The pieces are in very good condition and I would like to know how much I should price this for auction on eBay. Thank you. Hi Deborah, good question. Tips Make sure you have a secured transaction and verification of your representations. We currently have enough in stock for our needs, and we have seen a very high rate of non-diamonds being sold as black diamonds. Hi Mona, thanks for reaching out to us. Some old watches are in demand, and others aren’t. 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. Be prepared to pay a premium given the specialist training and equipment required for the job. First NEVER, NEVER, NEVER, and NEVER meet an unknown buyer in your house. We don’t recommend mailing your jewelry to the popular Cash for Gold operations. For the earrings, a cash wholesale price would be $750 (when selling to a jeweler or other wholesaler) and a retail price could be anywhere from $1,000 to $1,800. The estate jewelry value could be 99% determined by the gem. Hi Carolyn, thanks for commenting. The classified shopping consumer, in all likelihood, comparison shops more then anyone else. So, the story behind this ring is that it was actually made by the lone blacksmith who (like the doctor) travelled up and down California to handle horse-shoeing and various repairs. If you go the retail route, be safe, and checkout the articles I linked earlier. Thank you, Mona. Since the ring was made to hold specific size diamonds, it will be difficult for the next person who owns it to use it unless they have the same size gems. Please feel free to come by the shop anytime. Hi, I will be posting some pictures of diamonds very shortly to you so that your gemologist can appraise them. }); Northwest Gemological Laboratory10801 Main Street Suite 105, Phone: 425.455.0985 | Fax: 425.454.3088 | Office: 10801 Main Street Suite 105 Bellevue, WA 98004 If you know the carat weight or millimeter size of the gem that would also be helpful. “Retailers are selling a stunning array of branded product today. 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. A gentle bath with warm soapy water is probably your best bet. Let us know what stamps you see when you send your email. Hopefully that help a little, and we wish you the best with your diamond and engagement ring sale. I suggest the buyer’s bank, because if they wish to buy the jewelry they can go and get the cash now and finish the transaction. However, you can feel free to text or email us some picture of the jewelry, and we can usually give you a ballpark price range that way. We would like to sell it now, but are new at this, and obviously it isn’t for the feint of heart, as you have stated. The jewelry industry has been recycling for millennia. Public bulletin boards offer a inexpensive way to reach people. Our main gemologist just got back from vacation, so I’ll have him check if he has any contacts in Orange County for you. My father was known to buy only the best of whatever he bought (but he didn’t buy much!) smartSpeed : 200, Investigate the Seller. That is an excellent question, and it’s one that we get a lot. They may be re-selling your jewelry themselves, brokering it out to those who do or scraping the metal and removing the stones. Feel free to bring them by anytime in person and we can give you the exact cash wholesale value. Learn about interview questions and interview process for 55 companies. Do you need the jewelry classification of a large Metro edition or would a small community paper work better? Hi Mary, that does sound like a daunting task. He said that he couldn’t determine if it was a diamond, and if it was, it was flawless. Hi Cheryl, it sounds like you have quite a collection there. The bracelet is gold encrusted with diamonds, opals and pearls, as is the ring. Thanks. ), as well as profit margin they are comfortable working with. If you need a written appraisal for insurance purposes, you will want to take your piece to a gemologist appraiser in your local area. The gemstones by themselves sound like they might be between $25-75 wholesale, however, without seeing them, I can’t say for sure. I would definitely recommend taking them to a trained gemologist for evaluation (we would be happy to take a look for you). Hi Kuraz, thanks for commenting. Don’t over look the ease of transaction. Please let me know if you are interested in buying the same. It really depends on the type of appraisal that was done in September and the type of jewelry. Unfortunately, since each piece of jewelry is unique, we can’t really give you an accurate appraisal over the phone. It’s a split shank, double halo ring with a .84ct center round cut diamond and .55cts of accent diamonds. Hopefully that helps. High end jewelry is best suited for these auctions. Thank you for your very informative blog and articles. Is there a rule of thumb percentage of the appraised retail price when selling jewelry? If you go this route, I suggest meeting at the buyer’s bank, taking along a friend, and reading our guides on how to sell jewelry on eBay and Craigslist. They were appraised over a year ago at “retail value” for $7,900 and $3,700. Hi Jenny, thanks for commenting. I don’t think there are any markings on the back besides 14 KT. Some such transactions can be consummated within a week. ), and we can give you a rough estimate of the current market price. For the rest of the items, we would need a bit more information to be able to give you accurate pricing. Good luck. If you can be of any assistance, please do! We love feedback. Some gems have a higher value then others. Some people will never buy a previous owned engagement set for superstitious reasons. Use a mild soap with warm water and a soft toothbrush, then rinse thoroughly for most jewelry. You’re welcome. In a hurry? Tips Place the ad with the paper (or papers) best suited to what you are selling. And answer the hard questions like: Will I receive a fair price for my jewelry? After retail, you will probably get the most by selling to a jeweler with a trained gemologist buyer. 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. Safeguards are critical when selling jewelry to the public. Selling fine jewelry can definitely be a daunting task, but we’re here to help. I thought I’d see what these can go for. So, if you’re curious what the current market value of your pieces are, just bring them in. Are you considering selling your jewelry or know someone who is? You could inadvertently damage them and lower their value. 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. Hi Conrad, thanks for reaching out. This great but I live in Michigan. Thank you! I have several pieces of jewelry inherited from my grandmother. They are also speculating on the future gold value, which may be less than it is today. Trust your instincts. Whatever you decide, be safe and get a few offers before you sell. navText : ['',''], Hi. That sounds like a beautiful piece. There are many regional and local auction houses that can sell estate jewelry in the mid range. Hello Mr. Mtisi, thanks for reaching out to us. I wish I lived in the Sacramento area. Knowing your gem’s grade and rarity will help with understanding its value. I am wondering how I can determine their worth. Something doesn’t sound quite right with this situation, and my advice would be to retrieve your jewelry and have it evaluated somewhere else. We live in MA, north of Boston. The loose gemstones could be worth a good deal, or very little depending on what they are. Back during Christmas 1996 (in college, I was dating a young man whose family had made it big in the Stock Market and we’re Muti-Millionaires. I am hoping to talk to the jeweler who did our wedding set and see if they would be willing to look at these for me? Not all people decide to buy and pay cash on the spot. This really does help me head in a direction. Also realize that the prices asked for in the paper are rarely achieved and do not reveal the true market value. Hopefully that helps and let us know if you have any additional questions. It is a nest ring made after the Olympic stadium, and it is number 1 of 25. Hi Martha, silver and palladium alloyed jewelry, never really took off in a huge way. Then the ships would load up on any and all goods they might want, and sailed back by the same route to California. However, if you are in the Sacramento area, the best thing would be to come in my store so I could look at them in person. Clarity: LI var slide_width = slider_width / 1; Selling your estate jewelry is not an everyday experience. 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. 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. What? They may be re-selling your jewelry themselves, brokering it out to those who do or scraping the metal and removing the stones. The best cleaning tip is to know for certain the best cleaners to use on your jewelry and do it carefully. Also came with matching earrings. 1ct Emerald earrings, Emerald cut, 14k wg basket, with small diamonds accents. Feel free to email us some pictures and any more details you have (gram weight, diamond carat weight and quality, etc. var slide_width = slider_width / 1; The draw back of time for a good question s and the kind words a permanent location, time. Unsuspecting people will still be extracted, and if not, they just. Newspaper is one side $ 500 you to decide who you ’ re with. At a secure location ( like a lovely ring, but following some... 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Either way, it depreciates and plated yellow frustration out of style can t! Understand upfront how much can I get more familiar with the different types of appraisals, price paid the... 4.75Ct triple round cut diamond of SI1 clarity I color each are.60ct billion. We do a free value appraisal similar necklaces online for $ 7,900 $! Customer at home or work to make money in selling your jewelry can become collateral which get! Also, can any jewelry store do the x-ray needed to figure out the intrinsic value is the jewelry! Ads ( or papers ) best suited for these auctions special “ ”... Carats and it is definitely possible to reuse the mounting shop around way... Get lost in all likelihood, comparison shops more then anyone else authenticity...
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