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The Surprising Cost of NOT Selling Your Valuables

Jun 15, 2018

Are you holding onto rings, gold watches, diamonds, or other jewelry even though you never wear them? Letting these valuables sit around and collect dust could be costing you!

Learn why you can’t afford NOT to sell your valuables and how to get the money you deserve for your items (it’s a lot easier than you might think!)

Questions About Selling Valuables?
Discover the Answers to 7 Common Questions

Valuables carry emotional weight – and it’s not always positive

It’s common to feel some sentimental connection to your valuables – especially those from a family member or special someone. However, the emotions associated with a piece of jewelry are not always positive or healthy.

It’s amazing the power a valuable material possession can have over a person. Some people even believe that jewelry absorbs and retains the energy from the people and experiences around them! Whether or not you also hold this view, one thing is certain – your memories and feelings can give an inanimate object influence over you and your emotions.

For example, how do you feel when you look at that engagement ring from a past marriage? What runs through your mind as you pick up the gold watch you inherited from a deceased relative you didn’t get along with? Or that bracelet you purchased back when you were a completely different person?

Don’t let the pain or negative vibes associated with a piece of jewelry affect your wellbeing. Evaluate the sentimental toll these valuables are taking and decide whether they’re worth the emotional cost.

Ensuring the security of your valuables is difficult

How much time do you spend ensuring the safety of your valuables? If you’re like most people, probably not too much. Maybe you have a jewelry box in your closet or a tray on your dresser. If you have valuables you never use, they may even be stored away in the attic.

All of these methods are a bit risky. You could drop a bracelet out of your box as you reach for another item. An earring could roll off your dresser and get swallowed up in a vacuum. That box in the attic could get tossed out or ruined from heat or wildlife.

Then there’s always the chance of your valuables being stolen. This is a reality for anything in your home and can happen to anyone. Even if you have home theft insurance, unless you have extensive records (photos, recent price evaluations from a certified jewelry, certification of legitimacy, etc.), you’ll likely never received the full value of the item.

If your valuables disappear, you’ll have lost the items without anything in return. No emotional closure, no financial compensation – nothing!

Is the stress of ensuring the safety of valuables you never use really worth it?

Think of what else you could be doing with that money!

If you’re holding onto valuables, you’re lacking liquidity you could be spending elsewhere. Instead of sitting on an old and never used gold necklace, you could sell it and use that money to purchase something you’ll use and enjoy!

The money you receive from selling your valuables could be the exact amount you need to afford that international trip you’ve been saving up for. Maybe there’s a new piece of tech you’ve been eyeing or some VIP concert tickets you’re dreaming about – how you spend the money is totally up to you!

Or maybe you’re facing a different kind of situation. Maybe selling your unused valuables would provide the financial peace you and your family need to make it through the year. It could even let you afford that college tuition payment or avoid defaulting on a loan.

Whether you’re in a tight place financially, or just want some extra spending cash to treat yourself, selling your valuables will give you money you can actually use.

Don’t forget about the actual monetary cost

If you’re holding onto your valuables, there’s still one last important cost to consider – and that’s the actual cost.
The price of sterling silver, gold, and diamonds is changing all the time. Right now, the market is in a good place. However, prices could drop at any moment. These changes can happen depending on various factors, including:

  • Demand concerns
  • Interest rates in the US and abroad
  • Global financial markets

Unless you are a highly skilled investor who understands market trends and movements, talking with an experienced and qualified jewelry buyer is the best way to understand when you should sell.

How to sell your valuables (it’s easy & safe)

As Baltimore’s experienced jewelry buyer, we often hear from clients that they were surprised by how simple it was to sell their valuables to us.

The process is easy and follows these 3 steps:

  1. Call or email our team to schedule a private, 1-1 appointment with one of our expert buyers
  2. Visit our secure office in Chevy Chase for your appointment. We’ll review and evaluate your valuables, considering the item’s designer, marketplace demand, and overall market trends.
  3. Our team will make you an offer on the spot. There is never any pressure to accept. If we come to an agreement, you’ll be paid on the spot

That’s it! Whether or not you decide to accept our offer is completely up to you. Plus, we’re always happy to answer all your questions and help you understand the value of your items.

Interested in Selling to Us?
Learn 10 Items We Don’t Buy (and 7 We Do!)

Selling valuables to Samuelson’s buyers: trusted since 1922

Here at Samuelson’s Buyers, we’re proud to be Baltimore’s #1 most trusted jeweler. As a family-owned and operated business, we take a highly personalized approach and are 100% committed to your complete satisfaction.

Whether you have questions or are ready to sell you valuables right away, we’re more than happy to hear from you and answer all your questions. Read our FAQs to learn more or give us a call today at (301) 718-4825.

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