Jewelry. Published at Monday, May 29th 2017, 15:49:14 PM by Kamille.
Gems are an important part of jewelry. The estate jewelry value could be 99% determined by the gem. On the other hand the gem could add zero to the value. The two critical factors are the gem itself and the condition. Some gems have a higher value then others. A natural ruby is worth many times more then a synthetic ruby. Diamonds are generally more valuable then amethysts. Knowing your gem`s grade and rarity will help with understanding its value. The condition of the gem is critical to the value. Some chips and abrasions can justify the repolishing cost. But in most cases chips and scratches will render the gem unappealing and valueless. Tip: careful handling of jewelry retains a higher value then carelessness.
The two critical areas of knowledge to get the best price for your jewelry are the factors that determine the value of estate jewelry and the options to liquidating it. Does this mean you have to become a gemologist just to sell your jewelry? No. But some homework and note taking can mean a much higher price paid for your jewelry. Let`s start with what determines the value of estate jewelry.
Estate is a general term used to describe previously owned. That fact is one of the determining factors. Preowned jewelry by in large is not as valuable as new. Some people will never buy a previous owned engagement set for superstitious reasons. I have had clients who could have saved hundreds of dollars if they would have bought a preowned ring, but refused.
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