Does anyone know where to sell used jewelry for a good price?
stefanie a asked:
I am having a very tough time trying to sell some old jewelry. I have a diamond platinum engagement ring and matching band which are still very trendy and current styles. I have at least $4000.00 in jewelry and I was told they are worth nothing but $200 total at a “reputable” jewelry store in my area. Ebay doesn’t look too promising either, I check that daily. I am just wondering if anyone knows of a good place I might look into for this. Thanks!
I am having a very tough time trying to sell some old jewelry. I have a diamond platinum engagement ring and matching band which are still very trendy and current styles. I have at least $4000.00 in jewelry and I was told they are worth nothing but $200 total at a “reputable” jewelry store in my area. Ebay doesn’t look too promising either, I check that daily. I am just wondering if anyone knows of a good place I might look into for this. Thanks!
November 2nd, 2007 at 5:15 am
If its valuable maybe at a auction ..
or
^^ much better than ebay lol
November 3rd, 2007 at 7:40 am
Greetings,
What your jewelry is worth and what ou can sell it for are (2) different things. Most jewelry stores will tell you something is not worth much at all because they want you to feel low about it and dump it cheap and they ant you to buy something from them. . Here would be my suggestion:
Depending on where you live, approach a local jewelry store that is not a chain store ( ie: Kay, Zale’s, Sterling, Helzberg, etc ) and see is they do consignment. This way you can set a price on what you want to get out of it. Most stores, if they do consignment base it of a percentage of sale. Usually 25-30%. Keep that in mind when wanting your final price.
November 5th, 2007 at 2:04 pm
A lot of private (not chains) jewelers don’t buy from the public. There is usually a triple keystone on jewelry that the public buys. Divide what you spent on jewelry by three (sometimes even more) and that is what the jeweler spent on it. So, one would tell you your $3,000 is only worth $1,000. That is what it is. When we are asked to apraise, we just go by what the value acually is. What is gold that day $700 an ounce? Platinum $3000 an ounce? Ask to have it weighed in penney weights and get the actual price of its REAL worth. Diamonds, what grade? What karat? Add it up and hopefully you can find a private buyer willing to pay for it. You will rarely if not ever get a buyer that will buy it the price you paid. You may want to go to a local jeweler and see if they know some private estate sellers and auctions. I suggest Houston or Dallas… you could send it there. Good luck… and never ever take it to a pawn shop… your best bet is to sell to a friend!