In difficult economic times, many people sell old jewelry to raise cash quickly. There are quite a few ways you can do this, from selling items to a local jewelry store to working with an online company. Do a little research before you make this transaction because sometimes jewelry can be more valuable than you think. You need to do this because some jewelers will take advantage of your ignorance if you do not come prepared. The following is a short list of strategies and tips you should take to heart before making any transaction.
Selling your jewelry one piece at a time will bring you the most money, but you may find yourself waiting for buyers for several days or weeks. All you have to do is think about places in your area were jewelry is bought and sold. Selling your jewelry can actually happen anywhere including a craft fair, a hometown market, and other novel locations. The reason you would want to do this is that you will get far more money than if you take it to a pawn shop or jeweler. How quickly you need the money will inevitably determine the manner in which you sell your jewelry.
You might be able to put your jewelry online to try and get a good price for it, providing the pieces are appealing. Even though eBay is the most popular site to sell your jewelry on, there are a number of other options to choose from. Thankfully online auctions allow you to put a reserve (a minimum price) on your items, if you want, so if only a few people bid and they don’t meet your minimum price you don’t have to sell it. It is crucial to include a number of good photographs, so that people are willing to bid on your jewelry. Only dealing with folks who have an honorable feedback score is the best way to go when using online auctions.
There are a few thoughts you need to think about if you sell gold trinkets to a business that gives you cash depending on the weight of the gold. 1st, since you don’t get money for stones that could be on the jewelry, take them off, because if they are valuable you could put them to use on other jewelry. Also make certain you are not tossing in things that have basic worth, besides the gold weight, like quality vintage items. It is like trading coins for their silver or gold ingredients; providing you sell exceptional coins and are only compensated for the heaviness of them, you are basically offering a gift to the business owner.
Something similar to this is trading coins for how much silver or gold it contains; assuming you are bargaining an uncommon coin and simply get paid for the volume, you are simply gifting it to the broker. You may need to wait a while before you get a good offer on your jewelry. Don’t rush when selling your jewelry, even if you desperately need the money. You should try to ask a number of places how much they’ll offer you for your jewelry. If waiting isn’t an issue for you, you should attempt to sell your jewelry as individual lots, as you may get a much better price. Remember, you never have to take less for an item than you feel it’s really worth.