February 20th, 2023
How To Sell Your Fine Jewelry for Instant Cash
It is true that jewelry can make a person look and feel good. If you are having a bad day, wearing your favorite jewelry pieces can lighten your mood. Jewelry is also part of your life representing special people and the precious moments you shared with them.
Other than its sentimental value, fine jewelry is also a good form of investment. Those rare, precious jewels appreciate their value through time. According to Bloomberg, a 6.7-carat Kashmir sapphire sold in an auction for $206, 500 in 2012 was priced at $550, 000 in 2021.
In dire circumstances wherein you will need extra cash, you may resort to selling your fine jewelry. However, selling fine jewelry can be tricky. It can be challenging to find a trusted jewelry buyer that can offer the right value for your fine jewelry collection. Selling your fine jewelry is an important decision that should be taken cautiously.
Know Your Jewelry Value
One of the most important things to do is to know the market value of your jewelry so that you will be guided accordingly. This will stop you from making a big mistake of selling your precious jewelry way below its supposed market value.
Seek for expert advice. It is important to only go to a trusted and qualified jewelry appraiser. A professional jewelry appraiser will assess the market value of your jewelry and determine the replacement or repair value of your piece, if needed.
Where To Sell Your Jewelry
Selling your fine jewelry is not as easy as it may appear. In the first place, jewelry is not a necessity and most people will only buy it only after their needs have been taken care of. Therefore, you can face many obstacles in looking for a buyer for your fine jewelry.
Most people may consider selling their fine jewelry to their local pawn shop. However, pawn shops may not be the best option to sell your fine jewelry. Oftentimes, pawn shops may not offer the right value for your fine jewelry and you will get less money than what it is worth. Typically, pawn shops may only offer 55% to 75% of your jewelry value.
You may also consider consignment shops or dealers who will sell the fine jewelry for you. However, the downside of this is the high commission fee which ranges from 25% to 40% of your jewelry value.
However, you may also consider selling your fine jewelry and rare pieces to jewelry companies. The only challenge is to find a reputable jewelry company which can give you the best value for your fine jewelry. It is important to choose a jewelry company that has a good reputation and has already built its name through the years.
Sell Us Your Jewelry
If you are looking for a buyer of your precious watch or luxury jewelry, Sell Us Your Jewelry can offer the perfect solution for trading fine jewelry and high-quality watches for cash.
Established in 1980 by Gray & Sons Jewelers, they already built their reputation through the years. They understand that your pieces are priceless because of their sentimental value, therefore they ensure that they are properly taken care of. When you sell your vintage watches and jewelry to them, you are assured that they are in good hands. They have Swiss-trained watchmakers restoring watches to their original condition as well as certified jewelers to take care of your fine jewelry.
You can personally visit their store or contact them to ask for quotations. Also, you can ask for quotations through their dedicated online purchasing site for pre-owned luxury watches, fine jewelry, gold, silver, as well as loose diamonds. The process is straightforward and you can do it anytime in the comfort of your home. Below are the steps that you can easily follow.
When an unexpected life event happens and you need instant cash, your fine jewelry collection can help you out. However, letting go of your fine jewelry which has a sentimental value can be hard for you. But it is even challenging to get a good deal for your fine jewelry unless you find a reputable jewelry company, like Sell Us Your Jewelry, which can offer the best value for it. Though there are available options, it is important to only entrust your precious jewelry to a jewelry company which understands the worth of your jewelry. After all, the memories your jewelry represents should be safe and in the good hands.
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