Your Guide to Selling Fine Jewelry
The world of fine jewelry can be intimidating—How do you sell your own jewelry without getting ripped off? What’s a jewelry appraisal all about, and who is certified to appraise gemstones? Where should you sell your used fine jewelry? At GEM Pawnbrokers, we have the answers to all your questions about buying and selling fine jewelry. We should—we’ve been in the business for over 70 years!
What Is a Fine Jewelry Appraisal?
A fine jewelry appraisal can be helpful when you’re looking to sell diamond jewelry and you want to get top dollar. Jewelry appraisal should contain three basic elements:
- Description of your jewelry: Who made it and when, what the materials are, a photo of the piece, flaws and defects, and any history or information that would make it special or important (did your ring belong to Marilyn Monroe? Hey, if you can prove it, that’ll increase the value!). Weights, grades, and measurements should all be included.
- Analysis: A quality report written by a certified appraiser. At GEM Pawnbrokers, we have staff that is both GIA (Gemological Institute of America) and JA (Jewelers of America) certified—they know what they’re talking about! They’ll note down if your gemstone is natural or synthetic, how it is set, and anything else they notice.
- Valuation: What the actual value of your jewelry is, with today’s market and its history taken into consideration. This may not be what you can sell your piece for immediately or what it was originally purchased for, but this is what the jewelry is technically worth right now. Some pieces increase in value, over time, while others lose value. It all depends on the quality and materials, current trends and styles, and various other factors.
Who Can Perform a Fine Jewelry Appraisal?
If you’re trying to get cash for diamonds or unload your unused gold, GEM Pawnbrokers can help! We don’t let just anyone look at your jewelry and wildly guess at its value—they are trained experts, with years of experience in the field. Our reputation depends on it!
No random guesses or made-up numbers—just real appraisals, based on current market trends and material values. Don’t forget you can bring in costume jewelry, too, because sometimes it’s worth more than you think!
Why Do I Need My Jewelry Appraised?
It can be hard to sell your old jewelry—who can you trust? How do you know if you’re being ripped off? How long will it take to get cash for diamonds?
You can trust GEM Pawnbrokers to give you a fast and fair deal every single time—our trained staff can tell you what your pre-owned Rolex watch, wedding set, or grandma’s pearls are worth and offer you cash on the spot!
With GEM Pawnbrokers, you don’t need to worry about negotiating prices as though you were at a yard sale. We take care of everything, from telling you what your gold is worth, to offering cash loans on the spot, with the highest prices paid— quickly and easily!
If you don’t have your jewelry appraised, how will you know your gold buyer isn’t taking advantage of you or if you should be asking for more money than you are? Let the experts tell you what you have, and never worry about whether you made the right choice.
What Are the 4 Cs of Jewelry and Diamonds?
If you’ve looked into fine jewelry or getting cash for diamonds before, you might have heard about the “4 Cs”—cut, color, clarity, and carat.
So, here’s what the 4 Cs mean for you, whether you’re buying or selling:
Cut: The cut of the diamond (or any other gemstone) is possibly the biggest factor for its worth, as it is a factor in how much your gem sparkles. There is a perfect ratio for diamonds to be cut that maximizes its sparkle—too shallow or too deep of a cut will make the gem seem dull.
Color: Second most important to how valuable and desirable a diamond is will be its color. Some colored diamonds, such as yellow or pink diamonds, usually fetch a higher price than the typical white diamond.
Clarity: The clarity of a diamond reflects how many outside blemishes or inside inclusions the stone has. Diamonds with fewer defects are worth more, but, many times, these flaws are microscopic or so tiny that they don’t really matter.
Carat: The last of the 4 Cs, a diamond’s carat (pronounced like the veggie carrot) is how much the diamond weighs, not its physical size. It’s always best to go with a slightly smaller carat diamond that has a perfect cut than a bigger diamond of lesser quality.
Remember that what you initially paid for a diamond is probably not what you’ll get for it when selling. Why? Big box retailers and mall jewelry stores majorly mark up their prices to cover rent, employee salaries, and a host of other expenses, so you may be paying twice what the jewelry is actually worth! They hide the true value behind flashy displays and advertising, so remember the 4 Cs and get an appraisal before trying to buy or sell.
Where Should I Sell My Diamond and Gold Jewelry?
You may have searched online for gold buyers or how to get cash for diamonds, but how do you know who to trust? At GEM Pawnbrokers, you can trust us—we’ve got 70 years of experience, 24 convenient locations, and a friendly and certified staff, and we pay the highest prices for your jewelry anywhere.
If you have estate jewelry, diamond jewelry, wedding sets, pre-owned Rolex watches—you name it, we’ve got the ability to appraise it and give you instant cash for it.
Sure, you could post that ring on a resale app and wait for people to haggle on the price—but that could take months of your valuable time and energy. What a waste of time, and you’ll be lucky if you sell it at all.
Take your jewelry to a trusted name like GEM Pawnbrokers. We will give you instant cash and fair and reasonable offers, and we have a huge selection of jewelry for you to own, as well! Trade in or trade up for new fashions, vintage finds, and funky pieces you won’t find at the boring mall. When you buy from us, you aren’t paying the prices you would at big box stores, just what the piece is worth. No crazy overhead and inflated prices, here!
Stop by any one of GEM Pawnbrokers’ 24 locations today or give us a call at 718-596-5626 to get more details on how we can be your gold buyer and give you cash for diamonds today!