You may have a very valuable gemstone in a poor setting, or perhaps the setting has since gone out of fashion. Consider fixing and improving your jewelry to increase the value before selling your diamond rings, just as you would upgrade an outdated bathroom before selling a house. Often the same stone in a different setting can be worth a lot more, and a clasp repair on a broken necklace will make it that much more desirable when selling jewelry in New York.
Sometimes we know what all our jewels are worth, but more often it’s somewhat of a guessing game. Prices change over time, and items that were passed down from generation to generation may be a complete mystery when it comes to their value. Before selling, it’s critical to understand what you have, so have everything evaluated by a quality appraiser. Luriya is happy to offer all of our customers a free jewelry appraisal in NYC.
Jewelry is there to be looked at and admired, so the condition of your jewelry can have a great impact on the sale price - which can be good or bad. Make sure gemstones are polished and the metal is in the best possible untarnished condition. Of course, older items may be best left untouched, so get a professional evaluation rather than attempting to do your own cleaning if you are uncertain.
“When is a good time to sell?” is a question you might be asking yourself. There are trends in selling jewelry just like anything else, and while today bracelets may be in, broaches could be the next big thing tomorrow. Though this is more relevant to the lower end of the market, it’s a good idea to keep an eye out for what’s trendy if you’re in no rush to sell. If you're wondering when or where to sell fine jewelry, take note of what’s popular and consider having experts sell your jewelry for the best price!
Have some quality photos of your jewelry on hand to assist with the sales process. Don’t just take a crude snap that doesn’t show off your jewelry at its best. Either photograph it being worn with an elegant outfit or display it with a nice uniform backdrop to ensure that it stands out. Don’t forget to light your photograph properly so your jewelry sparkles like it’s meant to.
A very efficient way to do this is to search using images. This way, you can quickly find online webpages that are selling jewelry similar to that of your own; this will give you a better idea of your jewelry’s real world value. You can also look up makers of fine jewelry online like Pandora, Tiffany & Co., Swarovski, Cartier, Thomas Sabo, and Bvlgari while you're looking for where to sell jewelry in NYC.
Jewelry will often have marks to identify it, so see if yours has any that can help give you a better idea of its value. These marks, often referred to as hallmarks, are used to identify the purity of metals such as gold and silver, which is important to know when selling jewelry in New York City. Hallmarks are a way to tell true precious metals apart from plated items. Silver and gold plated jewelry indicates that a less valuable metal was used as the foundation for the piece and was then coated with gold or silver. Marks can typically be found on the inside of rings, near the clasp of a bracelet or necklace, and on the back of pins and brooches.
The GIA reports that there are over twenty factors that contribute to jewelry’s value. If you are selling gold jewelry, or jewelry with stones other than diamonds, appraisers will focus on these components:
There are many advantages of selling jewelry to a private buyer.
It takes a special set of attributes to be the best place to sell jewelry in NYC; take the following things into consideration before selling your jewelry:
1. Make sure the business does not have any negative reports with the consumer index reporting agencies, such as the Better Business Bureau. Selling jewelry in NYC should not only lucrative, it should also be safe.
2. Always know what’s happening with your valuables; your jewelry should be tested right there in front of you.
3. How a company interacts with their surrounding community speaks a lot about how they do business. Find a company that operates with honesty and integrity.
With all the “we buy gold” and “we buy jewelry” banners these days, it's hard to find the place you feel is most trustworthy to earn your jewels. Here are some tips for where to sell jewelry for best results:
“My favorite part about Luriya is honestly the e-books. They’re so informative and helpful when deciding where to sell gold. From detailing how gold is measured, to explaining the differences in karats, they do a great job explaining the process to customers.”
“When you go to sell jewelry, Luriya has the best payout offers in NYC. The jewelers know their stuff, no matter what you’re trying to sell.”
“For anyone looking to sell diamonds, Luriya is the place to go. They pay well, instruct you about their prices, and let you take your time to make a decision on a deal. Will be back.”