Where Can I Sell My Jewelry And Receive The Most Value Out Of It?

Woman in Jewelry

“Not all material things can go to waste. Some are just precious things that are waiting for your attention.”

Women love wearing jewelry for many reasons. Other than its beauty when worn, it brings joy, pleasure, security, and even a sense of belonging. It has become part of their lives already, passed on from one generation to another generation. It is a possession that never runs old, while at the same time, it provides an answer to financial problems.

It may not be new to everyone, but buying rings, necklaces, or watches now could save you. You might have heard this from your mother or grandmother, but you have to agree that they make sense and correct this point. Many stories have sprouted out of these pieces. Your cousin graduated because of it, and your father paid off all his debt. It is because there is so much that can do in the long run.   

Maybe you are wondering now, but in this article, you will learn how to determine your jewelry’s value. Also, you will discover the reasons why most people sell their jewels.

necklace

Knowing Your Jewelry’s Value

Whatever reason you have in mind selling your pieces, you can consult experts near you to help you out. It might be challenging, especially if it is your first time, yet you can surely find a buyer. You have to be patient and determined to follow the process of selling your piece. However, to find good money from it, keep in mind to have an appraisal. 

So, how do you appraise your jewelry?

Knowing the value of your necklace or ring would not be enough in selling it. You cannot do it all by yourself, and one good idea is to have someone appraise it. It would be best if you got the assistance of the International Society of Appraisers. They know how to determine the value of your piece. It could go from 14 to 24 karat. Click here to know more about how you should do it. 

This time, let us discuss the reasons why people sell their jewelry.

Reasons To Sell Jewelry

  1. Paying Financial Debts

You are probably facing a financial problem. Some examples of it are paying for your car, house, land, or other properties. Also, if you owe from other people or companies, one thing that could help you from getting rid of these debts is selling your rings and necklaces. 

  1.   Upgrading Jewelries

Some people sell their pieces for the reason that they would like to buy better ones. If you prefer a higher carat and want to let go of your old rings, necklaces or watches, you can sell it. The money that you got in exchange for the old ones, you can use it in buying new jewelry. You have to know how much it cost to avoid getting deceived by your buyer. 

  1.   Discarding Unwanted Possessions

The most precious ring that you own right now might give you sentimental value about someone. If you experienced loss or ended a relationship with someone, you can sell your jewelry. Exchanging unwanted jewelry for cash is something that you have to consider. Some people do it to avoid emotional attachment with the material thing that they have. It helps them to move forward. 

  1.   Starting a New Life

If you acquire pieces of jewelry from your parents or relatives, it could help you in starting a new life. If you are planning to buy a house or get a college course, you can rely on it. You are fortunate to have these kinds of possessions. It will also help you with your plans.

 Now, let us know where you can sell your rings, necklaces, and other jewelry.

 Where to Sell Your Jewelry?

  • Pawnshop

One place that you can go to is in a pawnshop. They buy precious pieces from people. But before settling down to a certain amount or value, let experts check on it. By doing this, you can be confident that you are getting the worth that you want.

  •  Auction

If the piece you possess is an estate jewelry already, you can put it up for an auction. Here, more people will see it, and more will get interested in it. The more people know about it, the better chance of getting a buyer. If you put it in the auction, there is a more significant possibility that you might get a high value for your piece. 

  • Online

Since everyone is on social media right now, it is easier to buy and sell goods. There are websites where you can post your piece so that people will see it. You can post on Instagram or the marketplace. The more you post it online, the more you attract buyers. 

  • Jewelry Stores

Whether you are in a rush or not to find a buyer for your precious piece, you must be wise whom to trust. Others become victims of scams. It is essential to know who the people are helping you. Jewelry stores are also the right places to offer your piece. They buy jewelry too, and give good value for your piece. They have specialists too who can study the worth of your jewels.

How to Find the Best Store to Sell Your Valuable Jewelry

In finding the best store to sell your valuable pieces, you have to do a thorough research about it. Read about what customers say about them. Find time to ask about customer’s feedback regarding transactions and giving value to their possessions. 

Moreover, get to know how long the jewelry store has been in the business. Visit this link https://www.forbes.com/sites/deborahljacobs/2012/02/10/four-tips-for-selling-your-diamond-jewelry/#500698655388 to know more about it. By knowing these things, you can guarantee that they are trustworthy and credible to have a transaction. 

Your jewelry could be a timeless piece that you have been keeping. Yet time and circumstances will come that will make you decide to let it go. When that happens, make sure that you know what to do. Find the best jewelry store to get the right cost for your piece.

9 Comments

  • Tamra Phelps

    Remember several years ago when gold went so high that everyone started selling their gold jewelry? Turns out old jewelry can be a good investment, lol.

  • Tamra Phelps

    I honestly don’t have a lot of jewelry. And what I do have has sentimental value, so I don’t think I would sell it.

  • Kate Sarsfield

    I wouldn’t want to sell any of my ‘good’ jewellery but I do have some broken bits that I might make a few bob from.

  • Rosie

    I’ve only sold valuable jewelry to a jewelry store, and know you don’t get the most money for it that way. I’d be interested in selling jewelry that is not fine jewelry. I’ve sold a little bit on a local FB group.

  • Tamra Phelps

    Remember several years ago when there were all those commercials from places wanting to buy your gold jewelry? They’d send you an envelope and you’d put your jewelry in it and mail it to them. I’m guessing they just paid a certain amount per ounce of gold since gold was sky high then. I never tried it. I wondered why people wouldn’t just go to a local jeweler or pawn shop.

Leave a Reply

Your email address will not be published. Required fields are marked *