4 Tips on Selling Your Old Jewelry

Are you planning to sell your gold and silver jewelry? But before you start searching for stores that sell and buy gold near me, here are some tips for selling your old jewelry.

• First, let’s be clear on some terminology. The first is the term estate. Estate jewelry means any pre-owned jewelry. Next is vintage. It means any jewelry that is more than 20 years old. The last is antique, which means 100 years or older.

• No matter when you bought it, the moment you sell it, it is estate or pre-owned jewelry, and the value will depreciate a bit. Even if it is gold jewelry, you won’t get the full price since it is estate jewelry. And that is one factor that will determine the value of the jewelry you sell.

• The next thing that will determine is the age of your jewelry. If you read the previous description of what vintage or antique means, you will have a good idea about the value of your jewelry concerning its age. Antique jewelry is always a collectible item and will be in good demand. However, the jewelry style will also matter because not all styles have the same value. The styles that are in vogue when you are selling the piece will have more value than a piece that is not in fashion, even if it is older. Similarly, the style will determine your vintage and estate jewelry prices.

• The next tip regarding selling your jewelry is about the condition of the jewelry piece. The condition determines the value of a piece of jewelry it is in. A well-maintained piece of jewelry will naturally get you more than one that has pieces missing or clasps broken. Now, sometimes, a little repair can boost the piece’s value. So, before selling your top brand sterling silver and gold jewelry, do minor repairs to increase its value. And never do these repairs yourself; this is one area where you should let the experts handle it. Only if the repair cost is more than what the piece’s value will be after repair should you sell it at its intrinsic value without repair.

These tips can help you sell your gold or sterling silver jewelry better. And now you can start looking for stores to sell them.