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Thursday, November 14 2024
What Factors Affect the Value of Estate Jewelry?

Do you have jewelry in your home collecting dust? Maybe the jewelry is not your taste, or you don’t have the occasion to wear it. Perhaps it’s the remnants of a bad relationship you’re better off forgetting.

Regardless of the reason behind it, selling jewelry is an excellent way to generate income with little effort. However, you should take some time to understand the factors that affect the value of your pre-owned or estate jewelry. This research ensures you will get a fair price for your piece.

Here are some factors considered in the appraisal process.

Rarity

A rare piece is valued higher than a non-rare piece. Specific designs and eras can fetch more money than others. A precious stone with an unusual cut may also increase the jewelry’s value.

Maker

Jewelry made by a well-known designer will sell for more than a piece created by an unknown. Top designers include Tiffany & Co., Van Cleef & Arpels, and Cartier. These designers typically exhibit a high level of craftsmanship making their jewelry more valuable.

Materials

Materials refer to the jewelry’s stones and precious metals. A piece that contains expensive gems and precious metals is typically worth more. However, purity and quality are also considered.

Condition

Your jewelry may be rare and contain precious gems and metals, but if it’s not in good condition, it won’t be valued as highly. Signs of damage like scratches and missing gems will reduce the jewelry’s value. Dealers will pay higher prices for jewelry that’s in excellent condition.

Demand and Market Trends

Demand and market trends go hand in hand. A piece can become more valuable due to a surge in demand for a specific style. If your jewelry features that style, people will be willing to pay more for it.

How to Evaluate Jewelry

You can get an idea of how much your jewelry is worth by looking for the following elements.

Jewelry Stamps

Your jewelry may feature a stamp that signifies the purity of the metal, such as 14K. It may be engraved with the designer’s name which also contributes to its value.

Examine Stones and Settings

Look at the stones carefully. Stones that are well-cut to feature various colors are typically worth more. The color and size of the stone also play a role. High-quality settings enhance value.

Ask a Jewelry Expert

If in doubt, you can always ask a jewelry expert for their professional opinion. They will assess the value of your jewelry and provide a fair appraisal.

Cash Express Offers Top Dollar for Estate Jewelry

There are various options for people wishing to sell jewelry, but a pawn shop is a convenient choice. You don’t have to deal with the stress of seller sites. A pawn shop will immediately let you know if they will buy your jewelry, and how much it’s worth, and they can give you cash on-site.

However, you must work with a pawn shop you can trust. Cash Express is a reputable choice. We offer fair evaluations and friendly service. Our business is backed by positive customer reviews and several years in the industry.

Contact us when you’re ready to sell your valuable goods.  

Posted by: AT 11:07 am   |  Permalink   |  Email

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