Offering Your Jewelry: Triumph or Tragedy?
Which is more fun, getting a root channel, paying your taxes, or selling your jewelry? Not much of an option, but following is some understanding that can take the frustration out of offering your jewelry. And answer hard questions like: Will I receive a fair price for my jewelry? Or even did I pay too much?
The 2 critical areas of knowledge to get the greatest price for your jewelry are the aspects that determine the value of estate jewellery and the options to liquidating it. Does this mean you have to be a gemologist just to sell your jewelry? No . But some homework and notice taking can mean a much higher price paid for your jewelry. Let’s start with what determines the value of estate jewellery.
Estate is a general term used to describe previously owned. That fact is one of the identifying factors. Preowned jewelry by in large is not as valuable because new. Some people will never buy a previous owned engagement set for irrational reasons. I have had clients which could have saved hundreds of dollars if they would have bought a preowned ring, yet refused.
Jewelry is a style powered industry. Some styles are classic and stay around for decades, others last just a few months. Estate jewellery that is out of style can’t command premium price. In fact some designs are so out of favor that the jewelry’s only value is its intrinsic worth. The other extreme is that the jewellery could be antique. Antique jewelry is extremely collectible and may require a specialty option to sell. Knowing if your jewelry is simply old and out of style or an antique can mean the difference of hundreds, if not thousands of dollars.
Condition is a major determining factor of the price obtained for your jewelry. Damaged and damaged jewelry many times justify the repair costs but most of the time damaged jewellery is only valued at its intrinsic worth. Jewelry repair in many instances is counter-intuitive. I have seen jewelry that has been mangled in such a way that the cost of recovery is minor and easily validated. On the other hand what appeared to be an insignificant problem rendered the jewelry unrestorable. Jewelry repair is one area a person want to be a “do it yourselfer”. Let the professionals do it, or it could end up costing you a ton pounds.
Worn out jewelry impacts the value. It is a difficult repair to bring life back to a piece of jewelry. Most worn out jewellery is valued at its inbuilt worth.
Jewelry looks it’s best when cleaned. Properly clean your jewelry before showing it around. Should you not know the 100% correct way to thoroughly clean your piece of jewelry let a professional jeweler clean it for you. A few jewelry stores may even clean it for free. Warning: the wrong cleaning can damage and even destroy jewelry. If your are usually unsure of how to clean the jewellery or gem, let the professionals do it.
Here are some cleaning tips. Never thoroughly clean gold and gems in chlorine. Ammonia based cleaning products are used throughout the jewelry industry, but they can damage some gems. Try and avoid them if you possibly can and know for certain if they well not hurt the gems inside your jewelry. Use a mild soap with warm water and a soft toothbrush, then rinse thoroughly for most jewelry. A tough toothbrush and toothpaste or toothpowder will scratch gold and hurt some gems. The best cleaning tip is to know for certain the best cleaners to use on your jewelry and do this carefully.
The jewelry industry has been recycling for millennia. In fact a few of the gold in your jewelry could have been in use since the time of Jesus. Damaged further than repair jewelry is bought at its intrinsic worth.
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The intrinsic value is the metal (gold, platinum, silver) price plus any gems. The particular refining process used to recover the metal utilizes strong chemicals and it has strict environmental regulations which influence the price given for metal delivered to be recycled.