How to trade in options jewelry for cash

Yes, sign me up for the free email newsletter! Unlike gold, which has a quantifiable melt value, resale prices for diamonds have no one objective measure, making it not difficult for inexperienced sellers to become confused and overwhelmed. We apologize for the poor judgment. Bullion Spot Price calculator. Most people that are willing to buy your used jewelry are trying to make a profit themselves, so keep that in mind. Alternatively, Beaty suggests consignment jewelers can try to sell your jewelry for you. To determine the ballpark value of your piece, you need to look at it objectively. But should you go to a gold buyer or hit up a pawn shop?

This is also the easiest way to sell your jewelry. The one thing pawn shops have over all other options is speed. Steve Gillman at The Penny Hoarder suggests you bring your gold and silver items to a local coin shop or metal buyer just for an appraisal first. Christina Peterson at Good Housekeeping suggests you use a little warm water and some dish soap to get that luster back. Try and avoid them. Sometimes all a musty old heirloom needs is a little cleaning to make it sparkle again. They are also speculating on the future gold value, which may be less than it is today.

Now for the variable part. According to Beaty, the appraisal is a perfect time to ask questions about selling your piece in different markets and under certain circumstances. Depending on where you sell it, restoring your piece of jewelry can make all the difference in fetching a decent price. Gillman notes that you can do the same thing with online buyers, but if you deny their initial offer, the postage for sending your items back is on you. If you choose this option, never fail to obtain strong dealer references. Selling jewelry online is a lot like selling anything else, but you have to take some precautions. For some items, a nice bath with some denture cleaner can do the trick too. Selling your jewelry for its scrap value is another quick way to make some cash.

If you sell on a classified ad web site like Craigslist, you have to meet the buyer in person, which comes with its own set of risks. If the piece needs a little more cleaning power, you can also make some homemade jewelry cleaner with salt, baking soda, and dish soap. If you do manage to sell your item, either at auction or via an ad, the transaction can have complications. As you might expect, the fast and not difficult method is rarely the best method. Those appraised values are based on the retail cost of replacing the item, including profit for the manufacturer, wholesaler, and retailer. Pawnbrokers can be a crapshoot when it comes to getting a somewhat decent deal.

You can also check the gold price at the goldprice. For selling individual diamonds, things get a lot trickier. Selling jewelry on eBay can be effective, especially if you already have a good seller reputation. Figure the purity of the item. The buyer will pay only a percentage this figure, because of the refining costs and overhead associated with gathering up enough gold to sell to the refinery. Note: The original art on this piece was offensive and has been removed. Add a discount to what you see, as your buyer will be looking to turn a profit.

Reciprocity is a powerful force. But even if they make you an offer, you can still shop around to see which store will give you the best deal. You can not difficult find qualified appraisers through The National Association of Jewelry Appraisers web site. Therefore GIA graduates are typically the most educated on how to properly grade a diamond. However, since this is a public page, I would not wish to publish the potential value of your specific piece as some individuals wish to keep this information private. Brett taking time to put this information out there.

If you would like to send me the information you have on the pieces, and can certainly do my best to give you some guidance on what you can expect to receive and how to go about selling them. Locations that buy gold as their primary business often advertise that they buy diamonds as well. For large purchases I, or one of my associates meet our clients in their bank, estate attorneys office or other such appropriate location. This value is specifically for retail replacement purposes in the event the item was lost, damaged, or stolen. Stick with reputable review sites and do your research. As the price of gold rose in recent years, so did the companies advertising that they purchased gold, silver, diamonds and other precious metals. The goal for everyone who is selling a diamond or a piece of diamond jewelry is to get the highest value they possibly can for their pieces. The difficulty is finding a qualified buyer who can accurately grade diamonds, and know how to associate a fair value.

For smaller items yes I do sometimes have these shipped to my house and yes I do live on Candy Cane Lane. What is the best way to go about having it appraised? Also have a gentalments engagement ring 10 carats round diamond color is white eye surrounding 16 stones. When it comes to diamond grading, the experts will have a degree from the Gemological Institute of America, or GIA. Figuring out which diamond buyers are actually qualified can be a tricky task if you do not know what to look for. Craigslist that was a terrible idea. Choose a company that is not difficult accessible by phone, has a brick and mortar facility and that you feel comfortable with.

Because he is highly trained expert I value his opinion. What is the value of my ring? Guard which is 2000. The trouble is that while any company can purchase these items, very few are actually qualified to evaluate theses pieces accurately and assign a fair value to them. Since 2006, MJ Gabel has provided diamond buying, selling, grading and appraisal services. Feel free to take a look at our website to learn about our process, and a little more about who we are!

You are also welcome to call me directly if easier! Be wise about your research. Thank you for you comments on the article; I appreciate your response. Top Diamond Buyers are usually not what they claim to be. However, if the business or diamond buyer you are working with is unable to accurately grade the diamond, they are unable to accurately assign a value to it. The common result is that the consumer is greatly under paid for their diamond. And of course, you are more than welcome to emailing me in regards to what you have to see if I can give you some guidance! All I can say is do your own research before you work with a company. It all depends on the buyer, how accurate the appraised value is, and the current market for the type of piece you have.

Additionally most family owned jewelry stores are not in the business of buying diamonds so they may not be aware of the actual current market conditions of large stones. Below are some simple guidelines and tips to follow if you find yourself in the position to sell a diamond or a piece of diamond jewelry. Thank you for your kind words! We take pride in having our family name on the doors, and take great care of the reputation we have established behind the name, while having an established global reach to extend to our clients. Find a company that has GIA graduates on staff. Once these characteristics are known, the value of the diamond or diamond jewelry can be obtained.

What would this ring be worth now and where would be the best place for me to sell it? Unfortunately it is a buyers market, and something is only worth what another individual is willing to pay for it. Stay away from companies that send high values via email quotes. You are welcome to contact me directly and I would be happy to give you an estimate of value for any piece you have. Better Business Bureau and pay top dollar with an immediate wire transfer to their clients bank. It is certainly something that I would be happy to see a picture of if you would like to send me the information directly. Our website gives a variety of information regarding our process, and may help to shed some light on what separates us from most buyers. Unfortunately with fake review sites also come a handful of other Internet scams. Hamilton York Estate Buyers is a large wholesaler with offices in both New York and Los Angeles. We are advisors of fine jewelry, and are always available to answer questions like this! Avoid companies that advertise fast cash.

Since you already have an appraisal for it, you are welcome to send me the information from the appraisal directly and I can take a look at it to give you some guidance. If you would like to send me the information from the appraisal, I can certainly give you some guidance on pricing, and options that might work for the piece. The goal is to always get the most for your diamond pieces, and there are usually a variety of ways to do this. Hi, I am interested in selling my 3 stone anniversary ring purchased from Kays Jewelers some years ago. Hamilton York Estate Buyers is a nationwide buying group that specializes in large diamonds, fine jewelry and luxury watches. ELO and is in immaculate condition.

Its definitely more than something I would ever wear. When I researched the company looks to be like a very high end seller back in the day. To ensure your confidentiality, would you mind emailing me directly? The only way to know a fair price for your ring is to know the size, color and clarity of the the diamond. Family owned businesses tend to have deep roots within their local community, and truly have the interest of the consumer in mind. Unfortunately without knowing the carat weight, shape, color, and clarity of the diamond or diamonds in your ring, it would not be possible to give you a realistic range. Sorry if for whatever reason this offended you; it was not my intent.

You want to look for a buyer who specializes in purchasing fine jewelry rather than just a gold buyer. They do not know how to properly grade them. Avoid cash for gold stores and fast cash promotions. These are wholesale trading offices and not open to the public. If you are trying to sell a diamond piece locally on a platform that allows you to post something for sale in your local town, do not send your diamond piece to anyone other than a company, regardless of how many emails you get from PayPal saying funds have been deposited into your account. Although much of the information in this article is true, the reality is that most family owned jewelry stores do not buy large diamonds, and if they do they simply flip them to a large wholesaler such as Hamilton York Estate Buyers.

Fine jewelry that consists of multiple diamonds that total a large carat weight can sometimes be difficult. Jewelers in Eugene, OR. Unfortunately there is no set percentage amount you can expect to receive for your item. They often offer only a minimal amount for the diamonds. The difficulty is that these locations are really only interested in the gold. If you would like to contact me directly I would be more than happy to evaluate any jewelry you have and discuss some options our company could provide you with. PI have been encouraged to send it off and if course the paypal. Jewellery can make or break an outfit and at Cashies, you you can find all of the forever pieces, antiques, everyday jewellery and dream gems that you could ever want. This statement is an Australian Government requirement under the National Consumer Credit Protection Act 2009.

MoneySmart website shows you how small amount loans work and suggests other options that may help you. Make a statement with beautiful jewellery at lower prices and buy better at Cash Converters. Decorate your wrist with a stunning bangle, bracelet or cuff. Sell your jewellery at your nearest store today. Do you really need a loan today? Better value, better choice, better service. It can be expensive to borrow small amounts of money and borrowing may not solve your money problems.

The best way to determine current value is to take your piece to be appraised by a certified AGS appraiser. We all have jewelry that we no longer wear. Learn what jewelers are in your area to sell your jewelry too at AmericanGemSociety. Think through how quickly you want to sell. Unfortunately, the emotional value you assign to your jewelry often has little to do with the current fair market price of your piece. Here are a few tips for getting the most from your rings, earrings, bracelets and necklaces. Many factors go into determining the current value of a piece of jewelry, including any wear and tear, needed repairs and quality of the gems and metals. If you are looking for a jeweler in your area who might be interested in purchasing your jewelry, you are in the right place.

Have a range in mind of what you would accept for the piece and be willing to accept an offer in that range. However, while an appraiser will certainly give you a thorough look at your piece, the value they assign may not be the price a buyer is willing to pay, especially if they are hoping to resell. Pawn shops can help you with an immediate sale, but you will want to visit several to get a good idea of the range of what these brokers will pay for a piece like yours. Adhering to the AGS Diamond Grading Standards, AGS Laboratories is dedicated to offering diamond grading reports that provide consistency and accuracy based on science. Selling your old jewelry is an option, but it can be hard to know how and where to get started. Everyone has jewelry that they no longer wear. You may love your jewelry. Find an AGS jeweler in your area or contact us with questions. It may have been in the family for many years, or been a treasured gift at some point, or something that you saved for a long time to purchase.