Estate jewelry is an asset that is worth a lot of money and has a huge market but requires a little care, if you’re planning to sell. The fact of the matter is that the opportunity to wear fine jewelry is becoming increasingly rare for people and disposing the jewelry makes a lot of sense because it is very saleable. Let’s take a look at the some of the things you need to watch out for when you’re selling estate jewelry or used jewelry, if you want to use a less desirable term.
Tips for selling estate jewelry
- Take pictures: The easiest way to document your jewels and make an inventory is by taking digital pictures of the jewelry. This will help you to present the collection to buying service agencies who will be able to give you ball park for the jewelry.
- Research your jewels: Make sure that you do your homework and gather as much information possible about your jewelry. This includes information like receipts, insurance copies, original boxes and any other paper work that might help to authenticate the jewelry. Personal information like stories about pieces can also be documented.
- Look for bonafide agencies to sell through: You need to make sure that you find a reputable jeweler to sell the product to. You can accomplish this by doing some research online; BBB rating and user reviews can help you choose someone who is trustworthy.
- An easy way to maintain harmony: AAA Jewelers says when jewelry is part of an inheritance that is left to a family, it’s always hard because there is no logical or clear way to divide the assets equally. If, on the other hand, the jewelry like a custom engagement ring, is sold to a jewelry shop in Salt Lake City and converted to cash, it becomes easy to distribute the money equally among family members and this prevents discord within the family.
These are some of the things you need to look out for when you’re trying to sell estate jewelry.