Selling your jewelry is always difficult since you have to part with not only your beautiful pieces but also the memories they hold. Moreover, it is quite challenging to know the right price for your jewelry. You don’t want to get duped by someone.
You should know the best price you can get before you sell your jewelry. You don’t have to get a gemologist to help you, you can research yourself and understand the value of your jewelry better.
People don’t prefer to have pre-owned jewelry as its value is lesser. However, if you have a classic design and the piece is not damaged, you can fetch a good amount.
1. For Gold Jewelry
If you wish to sell your gold, you should get it appraised. A buyer who wishes to pay you for it by weight would appreciate it.
Since gold jewelry always has parts of some other metals, you will only get paid cash for gold and not the other metals. Ensure that you are selling to a reputable buyer.
Go around different stores in your area and visit multiple potential buyers before you decide to sell your gold. Once you have all the offers you can choose the most suitable one.
2. For Diamond Jewelry
If you want to sell your diamonds, you should find out the value of your diamonds. Diamonds are much harder to sell than gold since you can’t measure their value objectively in weight.
Get an appraisal from a qualified professional to ensure that you have a real diamond of high quality. They would be able to give you an objective and clear picture of the state of your jewelry. You can easily get cash for diamonds once you find their real value.
3. For Silver Jewelry
Silverware has always been passed down over generations. However, if you require money you can sell your sterling silver for a good price. The price of your sterling silver jewelry can vary depending on the buyer.
Many factors decide the value of your silver jewelry such as the manufacturer, the design, age, current market price of silver, and its weight.
You must figure out if your jewelry is sterling silver or plated silver before you decide to sell your jewelry. You should also check out the exact percentage of silver if you want to sell your sterling silver.
You should visit multiple certified buyers of sterling silver and ask for an accurate quote for your jewelry. They can help you sell old jewelry at the right price. To get a better idea about the price, you should compare the prices of similar pieces and get a correct idea.
Read More: What Is The Process Of Making A Diamond?
Conclusion
It is quite challenging to get the right amount of cash for diamonds if you are selling them for the first time. You should do some thorough research about the market and rules before you sell your jewelry.
Summing Up: Selling old jewelry can be difficult if you are not a professional. This post talks about selling gold, diamonds, and sterling silver jewelry. You can find helpful tips to sell each type of old jewelry before you decide to proceed with it. It is crucial to understand certain rules before selling your jewelry.