Looking to sell your old Jewellery

Did you just clean out your closet and cabinets? You might find old jewellery that you have not worn for months or even years. The first thought that comes to mind is to dispose of them because they are no longer in fashion or you just don’t like to wear them anymore. Before you throw or give these away, consider another option. There might be stores or individuals willing to pay for your pieces at a decent price. As the cliché goes, one man’s trash is another man’s treasure.

Determining Value

Part of the process of selling old jewellery is determining its value. The first thing you do is have your jewellery appraised to set a price. Do this to ensure you do not undersell your items or overprice pieces, which may result in no buyers at all.

Why Sell Old Jewellery?

There is no point in keeping jewellery that you no longer use or pieces that have little value to you. Selling old jewellery provides you with quick cash, which you may need for immediate expenses or just extra money for things you want to buy or do.

Where to Sell Old Jewellery?

It is now very easy to sell items online; by simply typing the right set of keywords, you will be able to contact or browse the websites of several buyers online. You can compare the offers of all the shops and sell to the one that offers the best value for your old jewellery. Read about customer reviews before settling on a buyer. Some unscrupulous sellers will try to buy items at a much lower price than their worth.

Ways to Make a Transaction Easier

If you plan to sell your old jewellery, you would want to make the transaction as smooth and as easy as possible not just for you but the buyer as well. Here are some things you can do:

1.       Know the difference between real jewellery pieces and costume jewellery. If you are unsure if you own costume jewellery, have it appraised before selling.

2.       Not all metals are magnetic. Run the magnet check to determine if the jewellery you own is real silver or gold. If your jewellery sticks to the magnet, then it is not either gold or silver.

3.       Most jewellery has a purity stamp on them that indicates their value. Gold has marks such as 10K, 14K, 18K or 22K. Silver has markings such as .925, .800 or Sterling.

4.       Pieces that are not pure have markings such as plate, electroplate or filled. These mean that the base metal has a coat of gold or silver. Some shops will not offer anything for these.

These are some of the things you need to remember when you decide to sell your old jewellery.