Selling Your Unwanted Jewelry

by | Feb 11, 2014 | Jewelry

Top Stories

Categories

Archives

Selling your unwanted jewelry is a great way to reduce clutter and earn cash. Many people own jewelry that is gathering dust because it is from an ex, or simply because their style has changed. No matter the reason, now is a great time to get great prices for your fine jewelry. Gold prices have remained up for several years and several jewelry buyers in Los Angeles are offering top dollar for quality pieces. Diamond prices are mostly stabilized since 2014, but it is still a sellers market. As a seller, there are a few things you can do to make sure you get a fair price for your diamond or gold jewelry.

 

If you can afford to do so, have your piece appraised. If you suspect your piece is worth several thousand dollars, invest in having a professional appraisal service value your jewelry. A professional, unbiased appraisal allows sellers to know the value of what they have going in to the negotiation process. If you can not afford to have a professional appraisal done, a cheaper alternative would be to visit a few different pawn shops and get a range of opinions on what the piece is approximated to be worth. After determine what a piece is worth, sellers should set a realistic expectation of how much they expect to earn form a sale. Buyers will rarely offer the full value of the appraised amount. The buyer has to be able to make a profit from re-selling your jewelry, so expect for the initial offer to be low. However, most jewelry buyers Beverly Hills are open to negotiation. A large part of ensuring you secure a good price will come down to your ability to negotiate. Review online sales data for comparable pieces to provide yourself with an advantage during negotiations.

 

There are many jewelry buyers Los Angeles to choose from. Sellers have several different options available when it comes to parting with their fine jewelry. While pawnbrokers might provide the quickest means to selling your jewelry, a jeweler is usually more discreet. Generally, jewelers usually offer higher prices than pawn shops as well.