Jewelry and the Art of Selling

Two of the most frequently asked questions we get at the Online Jewelry Appraisal Center is:

“How do I sell an item of Antique or Estate Jewelry?” or…
“How much should I ask for it?”

Very often people receive an item as a ‘Hand Down’ or ‘Bequest’ after someone has passed away.
It may or may not be worth something, or the person ‘Just doesn’t like it’….

So what to do?

# RULE 1: Take back control.

The Antique Trade in general are a Fine and Trusting lot, but there are always the ‘Shyster’ or ‘Fagin’ characters out there.

In this case it’s not Buyer Beware, but Seller Beware…

Sometimes the Second-Hand Dealers or Pawn Brokers (all of whom have a great general knowledge on Buying and Selling) may not QUITE know what your particular item is really worth.

So the first thing to do is get your item appraised and valued by a qualified gemologist (if there are gemstones involved) and/or a member of the local Valuers association. Your local, TRUSTED Jeweler might be both.

It is greatly suggested that the person you obtain a valuation from, is NOT INVOLVED IN THE PURCHASE OF THE ITEM.

But a further word of advice is given here too…

Let these people know ‘WHAT YOU WANT THE VALUATION FOR’.

There are several TYPES of Valuation and all will have a different price on the bottom line.

Did you want an Insurance valuation?

Did you want to sell the item to a third party?

Did you wish to sell the item through an Auction?

Did you just want to know what it would fetch?

All of these are very valid points, yet all are different.

If you are not sure which applies to your particular situation, why not check our very helpful information section on ‘TYPES OF VALUATIONS’ at the Online Jewelry Appraisal Centre (address shown below).

If you don’t want to go to a great expense, you might take advantage of the useful ‘Do it Yourself’ ONLINE Valuation Self Appraisal Kit. At such a low fee (less than the price of a Big Mac and Coke) it’s money well spent. Indeed, if you just purchased something on eBay or Yahoo auctions for example, you might wish to confirm an approximate value by using this easy to use valuation kit.

The ‘walk through’ instructions are so easy my 6yr old Granddaughter completed the form in under ten minutes. (She had it all wrong of course) but it was under ten minutes.