How to resell jewellery

Rings, necklaces, earrings and bracelets – these precious jewellery are just a joy to have! Their timeless and classy appeal make for great fashion statements and family heirlooms.

Because of their elegant beauty, durability and versatility, most people will only sell off their jewellery as a last resort.

Whether you want to get rid of a significant piece from your previous relationship or badly need some extra cash, here are the steps to take when reselling jewellery.

Estimate the value of your jewellery.

Through the years, jewellery changes in value due to different factors. Usually, unique pieces such as custom engagement rings and limited-edition pendants can be sold at higher prices.

To make sure you won’t get ripped off, you should first identify the current market value of your jewellery.

The most reliable way is to have the piece evaluated by an appraiser. Ask for the metal’s quality and the gemstone’s carat weight, colour, clarity and cut.

If you’re a bit unsatisfied with the appraisal, it won’t hurt to get a second or third opinion from other professionals.

Another technique is to browse through auction sites and look for items that have quite the same characteristics as your jewellery.

Make it presentable.

No matter how valuable your jewellery is, it won’t make much of an impression if the stone’s caked with dirt and the metal is tarnished.

Simply cleaning the piece will work wonders. After all, who won’t be stunned by the beauty of a radiant piece? You’ll have buyers in no time!

Decide where to sell your jewellery.

Do you know anyone who might be interested with your jewellery? Then go ahead and make the sale! You may also post it up on auction sites such as eBay and Etsy to reach a wider audience.

If you need money as soon as possible, try to get a fair deal from pawnbrokers – although there’s a great chance that they’ll buy it at a lower price.

Another option is to look for a jeweller that can resell the piece for you. Of course, they’ll be asking for a substantial commission, so don’t expect a high return.

–

Although selling your jewellery isn’t advisable, you’ll never know – your prised possession may become somebody else’s joy.