These days, it seems as though it is always a buyer’s market. From cars to homes and all things in between, shoppers have their pick of the litter. When the time comes to sell your precious gems, you want to make sure they get the most exposure; how do you do this? Here are a few ways to get your jewelry out of the box and into the hands of new owners.
The first step to selling your fine jewelry is to understand what it is worth. Attempting to price your items prior to knowing what they cost can be annoying and somewhat impossible to do. Once you are armed with this information, then you’ll have a better idea of what a potential buyer is willing to pay. At this point, you may be thinking that you should get your jewelry appraised. Even though that may appear to be a fantastic idea, you shouldn’t forget about the market price. There’s a difference between an appraised value and market value. The latter is a lot more valid in determining actual value while the former isn’t the most accurate indicator of what your jewelry is worth.
It is best to seek out the services of an independent appraiser if you would like the most correct assessment of your items. Unlike a retailer, a professional operating independently will not have any interest in your jewelry that would result in either an inflated or marginally lower price. You can be confident that you’ll get the most accurate valuation from an appraiser.
Once you are aware of what your items are worth, the next step to selling jewelry is trying to figure out the logistics. When you put your items on the market, there are different methods you can make use of. To increase likelihood of finding a potential buyer, you can use a number of methods concurrently or you can opt to focus on just one way of selling. Beginning with people you know is always one of the best resources. It can be very fruitful and also cost-effective in terms of advertising, to reach out to family, friends, and colleagues.
You should find out what a few retail jewelry stores are willing to spend to purchase your pieces once you have spread the word. Quite a few retail outlets are regulated by the state and are required to be licensed, particularly if they purchase jewelry from the public; this is great news. Whether over the phone or through email prior to visiting their locations in person, you can ordinarily obtain tentative offers from these companies. However, since jewelry stores must put up the majority of the cash to complete the sale, you most likely won’t get the full price of your items.
If the intention is to try and recoup as much of the value for your items as possible, the internet may be a viable option since you get to list the exact price. You’ll get the most exposure with the least amount of effort using this method. You need to find out if any of the sites charge additional fees that are subtracted at the time of the sale so it is very important that you do your research.
For complete security and protection for selling jewelry, you might want to elect a certified jewelry buyer with an established place of business. These professionals are much better equipped to handle every part of the process from the valuation to the sale, giving you peace of mind and cash in hand.
The most effective website around that makes selling jewelry simple and profitable will be Gray & Sons. For additional information on Gray & Sons, visit their web page at www.grayandsons.com.
Tags: selling jewelry, selling gold jewelry