Another thing I’d like to add is the danger of trying to sell expensive jewelry directly to the customer. You may find yourself in a situation you don’t want to be in. Always pay attention to your surroundings.
Always meet in a public place, Never give your address, try not to give phone number. You can meet at a police station, bank, mall. But making the sell at a jewelery store is kind of rude to the jeweler
My cousin stole and sold all my moms jewelry and somehow managed to buy himself a little house on two acres with the $110,000 he got for it. She had dressers FULL of jewelry she called “her investment in the future”. I wish I knew how he sold it. I have only two rings that I need to turn into cash to feed my kids, and all I hear is horror stories about online selling. People buy it, receive it and then say you sold them a piece of junk. Then they send a garbage piece back to you and eBay forces you to give them their money back. There’s no way really to protect yourself. I’m losing my mind. I’m terrified of pawn shops! Yes, my mom invested in my cousin’s future for sure. All the consignment shops in my area are gone. Even the jeweler I bought the ring from as an estate piece, doesn’t sell estate jewelry anymore.
Shewho: whats even worse is, your local Bullion dealers will rip you off as well. I had to sell (Oct & Dec 2023) 2 x 20 gram pamp suite gold bars to whom I thought were reputable local dealers. As I watched them secretly scribble down something on paper and repeatedly punch figures on a calculator (which did not make me feel comfortable) I received $1150.00 both months. After mulling over the sale, I called another Bullion dealer whom I had purchases from in the past and gave them the months of both transactions, this dealer would have given me $93.00 + more!
eBay does authentication on any jewelry over $500 and examine your jewelry first then send it onto the customer. So the receiver cannot say it was junk. Also you can do a no return policy.
@@mmurray5805well I purchased something and everything went fine BUT I’ve came across post of people saying the authentication center LOST the jewelry and even claiming fakes have been passed through the “authenticity” process. You have to realize they handle hundreds if not thousands of pieces of jewelry a day some so fakes are gonna slip through the cracks. People have also accused them of switching diamonds. Just because they work at the GIA center doesn’t mean they should be trusted. Read the reviews and you’ll see!
Thank you for your useful videos. But I still wonder about the steps. If your piece is not insured, how would you trust to take it to shops or leave it for appraisal!
I am retired and have a lot of jewelry. I sell some to a dealer friend I trust. She also takes high-end pieces on commission. I take things she doesn't want and broken pieces to a jeweler who buys it as scrap or repairs and resells. There is a small clothing consignment store that takes the left over pieces and I get very little for the pieces there. Sometimes I sell pieces at flea markets. I find having several different places to sell jewelry to work best for me.
A very helpful video. I am a jewelry maker and am contemplating going the auction route, especially for pieces that I have not made. I get some of my materials from lots of used jewelry. Some pieces I can't use for my own designs and it makes senses to sell them off. Still waiting for the first pieces to go through. It is taking a while. I have not found local listings to be helpful (e.g. Facebook Marketplace) because people just want to haggle. A reputable auction house and bidding wars could help. Anyway, thanks.
In most other countries, they give you face value for your gold not melt value... hands-down the best place I got for my jewelry was in New Jersey.. 99% gold value they gave me .. the state I live in Arizona now. youd be lucky to get 50 % .. so what I just do I send it to my friend that still lives back east and let them sell it... they really scam people in Arizona
I have an Edwardian era 1900-1910 18karat .5 genuine blue moonstone surrounded by 10 European mined diamonds .9tcw size 4.5 with hallmark and stamp and has never been altered I know this is probably around 10k-16k from my research - I hope your information helps me I need it sold badly even at 3k i haven’t had luck yet
This is good. I have a beautiful ring, but it's only worth about 1/4 of what I paid for it because I was paying for the design, not the raw materials. I just didn't know it at the time of purchase.
I took several pieces of 22K gold jewelry worth over $5000 in scrap weight to a couple of local jewelry stores. They offered $1500 and tried to make me feel like I was scamming them or maybe I was a thief. Since they both played this hand, I guess it is like used car dealers and they have canned responses.
I appreciate the information you provide. I’d like a video on starting a cash for gold and silver or brokering the sale of unwanted jewelry. Thanks in advance!
This was helpful. I inherited a collection of 925 rings most with authentic stones like turquoise. I've listed them online and had people offer as little as $10 a piece which seemed too low for me. I'll probably be taking them to a pawn shop or jewelry shop.
Those people that offer unreasonably low price won't even follow through and buy even if you did except their offer. Stay firm with your prices and try things like OfferUp, Craigslist, Facebook Marketplace, Etsy, eBay , but now it might be slow and you might need to reposts
I bought a lot of gold 30 years ago when it was $290. Now it is $2,700 an ounce. I am going to sell some of it of. A place is offering me 70% of the value and they will melt it down.
Where did my wedding band with diamond end up that was stolen in a looting during the Floyd unrest. As far as I can see, I was the only loser, because the Jeweler more than likely made out on their insurance claim. My 45 year old personalized ring was replaced by the Jeweler, minus the significant value.
was thinking of buying david yurman 18k gold box bracelet. but need to know how difficult will be to sell if i need too. (if it will retain its value or appreciate because there's a name behind it)
Go to 8:25 in for the information if you have no time like I do
Thank you, friend! Did you get any money for your ring?
Thank you!
Another thing I’d like to add is the danger of trying to sell expensive jewelry directly to the customer. You may find yourself in a situation you don’t want to be in. Always pay attention to your surroundings.
Always meet in a public place,
Never give your address, try not to give phone number.
You can meet at a police station, bank, mall. But making the sell at a jewelery store is kind of rude to the jeweler
My cousin stole and sold all my moms jewelry and somehow managed to buy himself a little house on two acres with the $110,000 he got for it. She had dressers FULL of jewelry she called “her investment in the future”. I wish I knew how he sold it. I have only two rings that I need to turn into cash to feed my kids, and all I hear is horror stories about online selling. People buy it, receive it and then say you sold them a piece of junk. Then they send a garbage piece back to you and eBay forces you to give them their money back. There’s no way really to protect yourself. I’m losing my mind. I’m terrified of pawn shops!
Yes, my mom invested in my cousin’s future for sure.
All the consignment shops in my area are gone. Even the jeweler I bought the ring from as an estate piece, doesn’t sell estate jewelry anymore.
Why don’t you ask your cousin how did she/he sold it?
Why r u scared of pawn shops
Shewho: whats even worse is, your local Bullion dealers will rip you off as well. I had to sell (Oct & Dec 2023) 2 x 20 gram pamp suite gold bars to whom I thought were reputable local dealers. As I watched them secretly scribble down something on paper and repeatedly punch figures on a calculator (which did not make me feel comfortable) I received $1150.00 both months. After mulling over the sale, I called another Bullion dealer whom I had purchases from in the past and gave them the months of both transactions, this dealer would have given me $93.00 + more!
eBay does authentication on any jewelry over $500 and examine your jewelry first then send it onto the customer. So the receiver cannot say it was junk. Also you can do a no return policy.
@@mmurray5805well I purchased something and everything went fine BUT I’ve came across post of people saying the authentication center LOST the jewelry and even claiming fakes have been passed through the “authenticity” process. You have to realize they handle hundreds if not thousands of pieces of jewelry a day some so fakes are gonna slip through the cracks. People have also accused them of switching diamonds. Just because they work at the GIA center doesn’t mean they should be trusted. Read the reviews and you’ll see!
Thank you for your useful videos.
But I still wonder about the steps. If your piece is not insured, how would you trust to take it to shops or leave it for appraisal!
I am retired and have a lot of jewelry. I sell some to a dealer friend I trust. She also takes high-end pieces on commission. I take things she doesn't want and broken pieces to a jeweler who buys it as scrap or repairs and resells. There is a small clothing consignment store that takes the left over pieces and I get very little for the pieces there. Sometimes I sell pieces at flea markets. I find having several different places to sell jewelry to work best for me.
Dr
At
Can I buy it? I want to start a business
A very helpful video. I am a jewelry maker and am contemplating going the auction route, especially for pieces that I have not made. I get some of my materials from lots of used jewelry. Some pieces I can't use for my own designs and it makes senses to sell them off. Still waiting for the first pieces to go through. It is taking a while. I have not found local listings to be helpful (e.g. Facebook Marketplace) because people just want to haggle. A reputable auction house and bidding wars could help. Anyway, thanks.
Just double the price and when the customer wants 50% off, you are good with it.
In most other countries, they give you face value for your gold not melt value... hands-down the best place I got for my jewelry was in New Jersey.. 99% gold value they gave me .. the state I live in Arizona now. youd be lucky to get 50 % .. so what I just do I send it to my friend that still lives back east and let them sell it... they really scam people in Arizona
Who scammed you in AZ? I am in Arizona.
I have an Edwardian era 1900-1910 18karat .5 genuine blue moonstone surrounded by 10 European mined diamonds .9tcw size 4.5 with hallmark and stamp and has never been altered I know this is probably around 10k-16k from my research - I hope your information helps me I need it sold badly even at 3k i haven’t had luck yet
Never give up
I feel like I’m going to either be stuck with this jewelry or take much less than we paid. Almost nothing we buy holds value.
I always appreciate your thoughtful postings. I’ve been wondering how jewelry changes hands and whether it does grow in value.
Thank you for sharing your knowledge of jewelry. I hope you do more videos on buying and selling jewelry.
Nice Video, thanks for the information. I have a question... does varnish on a solid 14k gold ring decrease the resale value?
You can clean it. Have you tried?
This is good. I have a beautiful ring, but it's only worth about 1/4 of what I paid for it because I was paying for the design, not the raw materials. I just didn't know it at the time of purchase.
Why are you spending 10 mins saying the same thing over and over again.
Thank you, for sharing your experience!
I took several pieces of 22K gold jewelry worth over $5000 in scrap weight to a couple of local jewelry stores. They offered $1500 and tried to make me feel like I was scamming them or maybe I was a thief. Since they both played this hand, I guess it is like used car dealers and they have canned responses.
Thanks. Consignment wasn't an option I'd thought of.
Would you recommend a good auction for fine jewelry?
I get my jewelry from Lea Fine Jewelry! It’s a USA Company and they have Silver and Moissanite Jewlery and they do custom jewelry too
I appreciate the information you provide. I’d like a video on starting a cash for gold and silver or brokering the sale of unwanted jewelry. Thanks in advance!
I wish I could talk to you about selling my diamond ring. We paid around 20,000 for it. In 2014.
What about high-end Costume Jewelry like ;
Anni Kline, Louis Vuitton change bag. It was 600.00
When it was bought?
This was helpful. I inherited a collection of 925 rings most with authentic stones like turquoise. I've listed them online and had people offer as little as $10 a piece which seemed too low for me. I'll probably be taking them to a pawn shop or jewelry shop.
Those people that offer unreasonably low price won't even follow through and buy even if you did except their offer. Stay firm with your prices and try things like OfferUp, Craigslist, Facebook Marketplace, Etsy, eBay , but now it might be slow and you might need to reposts
Because silver doesn't have much value. A silver ring is probably a couple dollars in scrap value.
I bought a lot of gold 30 years ago when it was $290. Now it is $2,700 an ounce. I am going to sell some of it of. A place is offering me 70% of the value and they will melt it down.
Has anyone sold platinum rings?
🤲 Great Advice & I’m A New Subscriber 🎙️
Great advice, thanks. I’m going to take your advice and find a local expert. 😊
Is this about selling cars/renal estate?
Where did my wedding band with diamond end up that was stolen in a looting during the Floyd unrest. As far as I can see, I was the only loser, because the Jeweler more than likely made out on their insurance claim. My 45 year old personalized ring was replaced by the Jeweler, minus the significant value.
Did you learn anything from this experience?
At least you got it replaced😮
When around blax watch your back
Really information and interested
was thinking of buying david yurman 18k gold box bracelet. but need to know how difficult will be to sell if i need too. (if it will retain its value or appreciate because there's a name behind it)
How can I contact u?
Also thank you
is that possible to sell raw gem ?
Is it*
Jack Osborne! 👍
I have diamond but how you buy it from me
The first half of the video was really a waste of time.
Lol.... dont buy jewelry
Very misleading your title and what you talk about bad bad bad bad bad guy
Hey i have a hauyne gem ,8 grammes ntural can i contact u
Omg this is soooo boring to watch.