How to Get the Best Price for Your Old Jewelry

Jewelry varies greatly in price and value. In fact, some of the older ones are passed on from one generation to another as heirloom because they are too precious to be sold for money. However, a lot of people still end up selling jewelry. If you have old pieces of jewelry and you’d like to sell them, you better maximize their value so you could somewhat gain what is rightfully yours.

The best place to sell your old jewelry is at a jewelry store itself. Some of these shops appraise old jewelry and buy them from you. Just be sure that you take your jewelry to a trusted store so that an accurate appraisal of your gold can be obtained.

It is possible to sell your old jewelry online but you have to be wary of the scams. Dealing with online jewelry appraisal providers is somewhat risky, unless of course you’re quite sure of the physical address of these companies. Just in case you encounter problems, you can always drop by the shop and request for a reappraisal or take back the jewelry that you’ve sent.

If you want, you can also sell your old jewelry on eBay. This way, you can determine the price that you want for your piece. Anybody who took interest in the item would simply place their bid. This is a more secure transaction for you, as the buyer normally pays for the item before you ship it. Just be sure that you get the necessary insurance so that you are protected from losing the item in transit.

There are different types of old jewelry – from college rings to wedding sets. While it is impossible to sell an old jewelry in the same price that you’ve originally paid for them, you can at least ask for half of its original value. Of course, it still depends upon the type, rarity, and beauty of the piece. Diamond jewelry will always sell better than the plain, stone-less ones. Set your expectations accordingly, as you might be disappointed not to get the pricing that you want for your old pieces.

The best jewelry to sell would be the unwanted ones. Those that possess no sentimental value to you should be the ones that you sell first. This way, you won’t expect too much from it. Selling the first ring that your husband gave you would be such a pain than selling the piece you bought for yourself. While your own evaluation of your jewelry may change, the way that real jewelers would appraise it remains the same.

Low quality gold will sell lower than platinum. An experienced jeweler would know this. It would benefit you greatly if you choose to have an expert appraise your jewelry without the intention of selling it to him. Then go to another store for a second opinion. This way, you’ll know more or less what the current market value of item is. You’ll know what the best asking price for it when you decide to sell it very soon.