What Is The Value Of My Jewelry?
The Real Truth About Jewelry Evaluations
When it comes to antique jewelry, there are many factors that determine its value. These include the type of metal used, the condition of the piece, and how rare it is. For example, if you have a gold ring with diamonds set into it, it may be worth thousands of dollars.
There are many factors that determine the value of any piece of jewelry. These include its material, design, condition, rarity and history. However, there are several ways to estimate the value of your jewelry.
Jewelry Evaluations
When getting a jewelry appraisal, there are several things to keep in mind.
- First, appraisers are not trained but experienced to evaluate diamonds.
- Instead, they look at the quality of the stone itself.
- Second, appraisals are not meant to replace professional gemological evaluations.
- Third, appraisals do not include insurance coverage.
- Fourth, appraisals are only valid for one year.
- Fifth, appraisals are usually take about 15 minutes.
When you’re looking to sell your antique jewelry, you’d be thinking of getting a vintage jewelry appraisal which actually would tell you the value of your jewelry, right? You might be surprised to learn that the appraisal is not the face value, it’s more than that.
What An Antique Jewelry Appraisal Is…And Isn’t
EGL, GIA, and AGS certified reports are essentially ancient jewelry appraisal institutes. They are typically done for insurance purposes and do not represent the worth of your jewelry if you sell it. An antique jewelry evaluation is often done at 100% over the retail value.
While the vintage jewelry assessment may make you feel like you’ve made a fantastic investment, don’t expect to get that much when you try to sell. However, if you’re cashing in an insurance claim, it might work in your advantage. However, if you insure your jewelry, it is the insurance provider that stands to benefit from your premium.
Jewelry stores profit from doubling the vintage jewelry appraisal as well. They sell you an item for half price when it is the average going price as compared to the jewelry’s real is worth (or perhaps more).
The truth of evaluation is revealed
Even though it might be frustrating to know the truth about antique jewelry appraisals, consider this: You’ll now enter a local or online jewelry appraisal with the knowledge that you need. You’ll be able to conduct business as necessary once you realize that your old jewelry assessment is not accurate.
Where To Get An Antique Jewelry Appraisal?
- To get an old jewelry appraisal, conduct an online search for “antique jewelry appraisal near me.”
- The results will be mixed with jewelry stores, antique dealers, and over online buyers so you’ll want to narrow it down to local buyers and vintage jewelry appraisals that are near you.
- Investigate the antique jewelry buyers to make sure they are reputable.
- Find out how long they’ve been in business and how much of that time has been at the location near you.
- Once you’ve selected a few, set up a time to take your item for an old jewelry appraisal.
- Knowing about your vintage jewelry is helpful.
- What is the exact age?
- Does it have a story that comes along with it?
- What’s the era when it was produced?
- Anything interesting about your old jewelry can only make it more appealing so know before you go and, make sure it is clean and shiny.
- There should be no surprises when having your antique jewelry appraised.
- Knowing the facts and you’ll come out with an appraisal, you can work with whether you are looking to sell or are taking insurance on the piece.
When it comes to antique jewelry appraisals, it is what it is. You are not going to change the system or the fact that the appraisal is double the actual value so you might be satisfied that you are at least aware how evaluations work beforehand.
Finding a Trustworthy Old Jewelry Appraisal
Having a reliable appraiser you can rely on is nice. Look for one who respects you in your search for one. Look for honesty as well. If you find a vintage jewelry appraiser who tells you up front that the appraisal is twice as much as the purchase price. And you’ve found someone who is honest and more likely to be a dependable source to get an appraisal from and sell. Thus, you’ve found a gem.
A Way to Get Easy Quick Cash OR a Long Term Investment
Sometimes, you need quick cash to avoid a financial disaster. Other times, you need to free up money to make money. Regardless of what the reason is for wanting or needing funds, if you have some antique jewelry lying around, you’re in luck!
How to Get an Antique Jewelry Appraisal
The first step to selling antique jewelry is finding a place to sell it. Although you can sell independently online, such as on an online community site or through an online platform, like Etsy, eBay, Amazon, or Craigslist, it can become very involved with shipping fees, selling fees, meeting up with the buyer, and other inconveniences and expenses.
Antique jewelry buyers offer an easy way to sell your wares. Plus, your item will be appraised before you make a decision on whether to go through with the selling transaction or not. All you have to do is find one.
Where to Find Antique Jewelry Appraisers
A piece of jewelry that you think is just costume jewelry might actually be worth something. A piece of jewelry that you think is valuable might not be worth anything. Professional antique jewelry appraisers will tell you that sometimes even old appraisals are wrong.
Doing business online can be risky because shady dealers can scam you and then disappear. But, if you check for a longstanding online presence and find plenty of verifiable references, you’ll expand your horizons when you don’t limit yourself only to those in your vicinity.
Dealing with Antique Jewelry Buyers and Appraisers
If you do elect to do business with an antique jewelry buyer, an appraisal will be part of the agenda. You may be charged a fee for the appraisal, or you may be fortunate enough to have a free appraisal.
An appraisal is a professional estimation of what your piece is worth. Many things are taken into consideration, such as if it is gold, silver, or bronze. Also, the location of the piece was designed at and any other information is deemed important to an appraiser.
The appraisal is generally followed by an offer, which is the amount the antique jewelry appraiser is willing to give you for your treasure. You are at liberty to accept the offer or to reject it.
Estate Jewelry Buyers
Estate jewelry buyers are experts at buying, selling, and appraising in bulk. Estate jewelry buyers typically come to you as it would be difficult for them to load up all your items to go to an estate. Ask for credentials and references before committing to an appraisal.
Antique Jewelry Buyers
Antique Jewelry Buyers is your trusted source for having your antique jewelry appraised. We’ve been in business since 1972 and have earned an impeccable reputation for ourselves over the years.
Located in Largo, Florida, we service the entire area and have seven other Florida locations as well. We also offer appraisals online. If you are looking to sell your antique jewelry, we can help. Contact us today and find out what we can do for you.
Learn How To Sell Your Jewelry Without Being Scammed.
We all look to make a little extra money these days. So many of us have to work a side hustle of one kind or another to pay the bills. It’s always smart to look for ways to cash-in.
“One way to make extra money is to sell your old, unwanted, and unworn jewelry. How many of us have a box full of tangled ornaments that we never wear? How many of us have various pieces of jewelry in a drawer that haven’t seen the light of day for years? How many of us have jewelry that was inherited from family members that had never been worn? This is the time to look for antique stores near me in your area or online, and know how much they are worth.”
You never know; your unwanted jewelry might just net you a windfall. In this post, we’ll look at how and where you can sell your antique jewelry without getting scammed.
The First Step- Appraisal
The first, and perhaps most important, step in selling your jewelry while getting a fair price is having it appraised. This is an important step because you never know what your jewelry might be worth.
A piece of jewelry that you think is just costume jewelry might actually be worth something. A piece of jewelry that you think is valuable might not be worth anything. Professional antique jewelry appraisers will tell you that sometimes even old appraisals are wrong.
They are sometimes able to perform more detailed appraisals that reveal details indicating a piece is even more valuable than previously estimated. It is always a good idea to have your jewelry appraised by a professional before selling it.
Where/How Can I Find an Appraiser?
Once you have decided to have your jewelry appraised, the search is on for a professional appraiser who can accurately assess the value of your jewelry. When you search for an appraiser, you want to look for a certified expert in order to avoid being scammed. The American Society of Appraisers, the International Society of Appraisers, and the National Association of Jewelry Appraisers are all good places to start. Members of these groups have extensive training and experience. They follow a set of standards and ethics that ensure you won’t get scammed. Look for an appraiser who is certified by one of these groups.
Places That Buy Antiques Online
Today, everything is for sale online. It seems obvious that you would want to find antique jewelry dealers online. Once you have your piece appraised, the next step is to look for a place online where you can get the best price. Tread carefully when you go online. You run the risk of dealing with antique jewelry buyers who will try to offer you a lot less than your jewelry is worth.
You might send a piece to someone and then find they don’t return it after you reject their offer, or they don’t send the payment when you accept it. It is best to shop around and find an antique jewelry buyer with a good reputation who offers a price that matches your appraisal. If you do wish to work with online jewelry buyers, make sure you work with very reputable players or through renowned auction houses and very well-established online websites that allow you to pick and choose among a variety of dealers that have been vetted.
Finding Local Antique Jewelry Dealers
If you feel more comfortable selling your jewelry in person, there are still plenty of antique jewelry buyers out there. There are a wide variety of antique jewelry stores, consignment shops, and pawn shops that will buy your vintage jewelry. The American Gem Society has a store locator on their website that helps you find a list of reputable local jewelry buyers. Whether you are selling online or looking for someplace local, it is always wise to check the website review before selling to anyone in order to avoid being scammed. Always shop around and get offers in writing. You can also check with your appraiser. They can often connect you with reputable antique jewelry dealers and vintage jewelry buyers. Selling your jewelry to make extra money is a great idea, but always proceed with caution in order to avoid getting scammed.
What’s The Difference Between Fine Jewelry And Fashion Jewelry?