The best way to sell old jewelry depends on the value of the pieces. So, the first step is to discover that value. Getting your jewelry appraised makes a big difference. An informal appraisal is okay to start. That will tell you whether you need a more detailed and complicated appraisal. In general, the more valuable your jewelry, the more detailed an appraisal you’ll want to get.
Here’s why.
Generally, selling to a local jeweler you trust is the best option because it allows for a personal evaluation and provides a fair price, especially for higher-value items. However, for higher returns on unique pieces, online marketplaces like eBay or consignment stores or sites might make more sense for you. In the case of exceedingly high-value items, you may want a jewelry professional to help you locate buyers or help you through an auction process.
Perhaps quick cash is all that matters for you. If so, a pawn shop is a great choice for immediate cash (but a lower price than most jewelers.) Pawn shops are much better than the “buy gold for cash stores, which offer immediate cash give you a horrible price and don’t consider the jewelry value of your items and not even the gems. A pawn shop will give you a valuation based on the gems and precious metal as well.
The advantage of selling to a jeweler is more expertise about the jewelry market. Sale to a reputable local jewelry store is best for quality evaluation a fair price that’s based on the jewelry as a whole and its resale value beyond the material value. The difference may not be large when it comes to broken items, chains, and loose stones. When it comes to wearable jewelry, though, even if it’s not currently in style, a jeweler is almost always going to offer a better deal.
If you have jewelry to sell in San Diego, I’d love to help. Give me a call or drop by my La Jolla showroom. We always do our best to seek win-win transactions and we’re committed to giving you a fair deal. Come see us. You’ll be glad you did.
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