How to make most when selling your jewelry
You may not have a gold mine in your jewelry box but if you need cash, some gold pieces like gold chains that you do not wear, earrings without the pair, and dented rings may come in handy.
If you have gold jewelry that is low in value then you can sell it for scrap. A lot of jewelry makes buy gold so they can melt it and reuse it for their pieces or you can also approach those who refine metal. You can search for jewelry makers since they always need more raw materials for their pieces.
You can also approach jewelers to help you sell gold jewelry which are on the pricier side. A lot of them agree on a consignment basis then just have some cut from the proceeds.
If you have signature or rare pieces, you should sell them thru auctions and approach reputable auction houses like Sotheby’s Christie’s or Dupuis for this. Or you can opt for e-Bay.
Here are some practical tips so you can make most out of your jewelry:
Go to a reputable jeweler
Approach a jeweler that can give you a good advice and give you a good deal. These professionals know the real value of what you have and those exceptional pieces. They can give you their honest opinion and will not low ball you. You can go to a jeweler that you’ve sold to before and you already trust, someone who does jewelry repairs for you, or someone you bought from before.
Go around for bids
If you do not have a jeweler to approach, you can go around and let people bid. Move on if someone is putting too much pressure on you since these people have the tendency to give you cheaper valuations.
Do your research
Use the internet especially if you do not have experience selling jewelry. Search how much similar items are going for so you at least have a gauge when you sell your item. But let us remind you that it can be very tricky especially when you do not know the specifics of your jewelry.
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