Your Guide for Selling Jewelry
Jewelry is one of the most prized possessions of every woman. The decision to sell it in order to get quick cash will never be that easy. The stress, frustrations and sadness that comes with selling your stuff are inevitable. However, if you are well aware of the factors that are associated with selling your jewelry, it can remove some of the stress and make it a lighter experience. You will be able to receive a fair amount from your precious belongings.
Selling Your Jewelry
There are two factors to determine in order to get the best price for your jewelry; the option in selling your jewelry and the estimation of the value. You do not have to be an expert gemologist in order to determine the asking price of your gems. Doing a little research will help you get the best value out of your jewelry.
One thing you have to realize is that the pre-loved jewelry will no longer have the same price as a new jewelry. If it is not something that has no high interest with the public and it is not unique, the value of the jewelry may depreciate. Others are also not willing to have a used jewelry especially if it will be a symbolical meaning of a momentous event such as engagement or wedding. If it is a jewelry that is no longer in style, the price of it can also be significantly lower. The case is different with the antique jewels. They are considered collectibles and their price appreciate as time went by.
The current condition of the jewelry is also a major factor when determining the price. Some of the damage that the jewelry acquired over the years can be fixed for a small amount of cost. However, those pieces of ornaments with considerable damage will only be priced on its basic value. When the jewelry needs a repair, you have to seek the professional to do it. This is not something that should be done by an amateur as a single mistake can spell an inevitable doom.
Also, you have to restore the brilliance of the jewelry. Jewelry with dull sparkle will also be getting a low asking price. The restoration of the trinkets will not cost you much compared to the repair. However, they can also damage your precious stones. The refining of the jewelry uses strong chemicals on the gold and may damage the stone. The refining should also be done in a working environment that observes a strict operational procedure.
The next thing you have to do is to calculate the value of the metals (silver, gold or platinum). It is basically done by finding the purity of the metal multiplied by the weight. When it comes to gold, the purity is determined with their karat; platinum is commonly 90%, and silver is 0.925 pure.
Finally, the gem in your jewelry also adds to the value. You have to find out the rarity and the grade of your gem in order to find out the value of it. Be careful when you are refining the gem, the slightest amount of dent can make your gem a worthless piece of stone.
Contact the experts at luxamart Jewelry Exchange at 469-579-4077 to get all your questions answered and to get your complete Free Appraisal .
Come in to luxamart today for all of your buying and selling jewelry needs! We buy and sell gold, silver, platinum and coins. We are located in booming frisco, TX at Lebanon and Preston Rd.
4944 Preston Rd Suite #116