Selling your jewelry or valuables can be overwhelming. Especially during difficult times, it can be hard to know exactly what to do. When it comes to selling valuable jewelry, getting fair value while feeling safe throughout the process can be hard.
To help, we’ve answered common questions on the process below.
What Items Can I Sell?
Items made from gold, silver, diamonds, or other valuable material are always going to hold value. Generally, items that are in better condition are going to be better for sale. Vintage pieces that have been well kept are always great as well.
While you will always be able to sell something beautifully made from a valuable material, all buyers have their own areas of interest. At Samuelson’s Buyers, we buy:
- Diamonds of all sizes, clarity, color and carat weight.
- Engagement Rings – both modern and vintage.
- Luxury Mechanical Watches, particularly those made from gold and silver.
- Silver jewelry, coins, flatware, holloware, ingots, and bars.
- Gold coins and bullion.
How Should I Approach Selling My Jewelry?
When selling high-dollar jewelry and other valuables, do not be impulsive.
Pawn shops and online marketplaces like eBay and Craigslist seem like a great place to sell your item. However, you don’t want to impulsively sell your item for less than it’s worth. Bring your item somewhere you will be treated fairly and not pressured. When selling expensive, meaningful items speed should not be a top concern. Making it one will cause you to leave money on the table.
How Do I Know What I Have?
You are not a jewelry evaluator. Don’t assume you know what you have based solely on research you have done online. Things like sentimental value, insufficient research, and advice from well-meaning friends can cause you to over or under-inflate your item’s worth.
While the sentimental value may be large, a buyer will not consider it when deciding how much they are willing to pay. Try to take emotion out of the equation.
Working with a reputable buyer is the best option for evaluating your item. Experienced and trusted buyers will have experts on staff to make sure your item is priced correctly.
Should I Clean or Service my Items?
There is no need to clean or service your items before bringing them in. If done incorrectly, cleaning jewelry and other valuables can damage and degrade the value. Particularly with vintage pieces, you would not want to take away an item’s character by wiping away something that makes it special! Most dealers will want to clean any items they are selling their own way, under their own conditions. Not retaining that ability will lessen the amount they will be willing to spend. Don’t pay money for cleaning just to have the value go down!
Most dealers will want to clean any items they are selling their own way, under their own conditions. Not retaining that ability will lessen the amount they will be willing to spend. Don’t pay money for cleaning just to have the value go down!
Should I Sell Online?
Simply going to eBay or Craigslist seems like it could cut out a middle man and help make you more money. Unfortunately, when dealing with the sale of a high-end piece of jewelry, it is not so simple.
There are a number of reasons why it is not a good idea to sell your jewelry online:
- You do not know who the buyers are, leaving you susceptible to a scam or robbery.
- You may not know what you have, leaving you liable to not get fair value for your item.
- You will not have the range of buyers available to you that a reputable buyer might have.
Should I Go to a Pawn Shop?
No. Pawn shops will never offer you top dollar for your item. Unlike a reputable jewelry buyer, who may see you as a potential lifelong customer and has a reputation to uphold, pawn shops are simply out to make money. If possible, they will take advantage of your state of mind in order to maximize their profit.
Where Should I Sell My Jewelry and Valuables?
The best way to sell your jewelry or valuables is by going to a reputable jewelry buyer. Not only will they give you the best price, but you can feel comfortable knowing that you are working with a trusted buyer. They will always make you feel safe and comfortable throughout the process.
In addition, they will:
- Walk you through what they are offering, treating both you and your item with respect.
- Have specialists on staff to accurately and fairly price your item.
- Understand your needs and concerns. Never being pushy or forceful in the purchase.
- Have confidence that what they are offering is fair for both the buyer and seller.
- Have a worldwide network of buyers, getting you the best price.
Sell Your Items to Samuelson’s Buyers
Samuelson’s Buyers has been in business since 1922. We want what is best for our customers because our integrity is on the line.
We are committed to your safety and security and offer private appointments at our office. There is never any pressure to accept an offer and we always pay you on the spot.
Call us today at (301) 718-4825 to make an appointment to sell your jewelry.
Read The Latest News From Samuelson's
5 Viral Jewelry Trends for 2024
Every year, we see trends change, and the jewelry market is no exception. Knowing the trends can help you to find pieces that you adore, making it easy for you to grow your beautiful collection one necklace or bracelet at a time. These are some of…
Everything You Need to Know About Patek Philippe Watches
Few watch companies have more renown than Patek Philippe, a brand that has grown in fame since it first entered the market. These watches look great, maintain a high value, and offer something for everyone to enjoy. In this article, we will explore…
How Much is Your Rolex Daytona Worth?
How Much is Your Rolex Daytona Worth? Luxury watches are long-term investments that can hold value throughout the years, even as they trade wrists. The Rolex Daytona is one popular watch that has continued to impress watch lovers throughout the years…