Selling Old and Unwanted Jewelry

Selling old or unwanted jewelry is a great way to make a little extra cash. Getting rid of unwanted jewelry is also a great way to clear space in your jewelry box or any other spot you use to store your valuables. So if you are looking to make a little extra cash or just clear some space here are a few tips to help you with selling your jewelry.

  • Get an appraisal for all the jewelry you are thinking of selling. This can help give you an idea of what you may be able to get for your jewelry, because it can tell you if the jewelry is real, fake, gold, silver, and what type of stone is used.

  • Now that you have a good idea of what your jewelry is worth, you should set a price range. First you should think of what you think you can get for your jewelry then decide what’s the lowest you will take. This will help in the event of negotiations.

  • Locate a local place to sell your jewelry. Pawnshops are a good idea but won’t pay you the most you can get for your jewelry.  A reputable local jeweler is the best bet.

  • If you are not in a hurry to sell your jewelry searching for consignment deals may be a good way to go. With a consignment deal a jeweler will sell your jewelry for you but will take a certain percentage of the profits.

  • Putting an ad in the local paper is also an option. This can yield several inquiries in a short period of time but if the ad is too long it may cost you a little to post it. You can also post on an online site like Craigslist or Kajiji, but be extremely careful about the personal information you post, or you could become a target for thieves!

  • If selling on the local market is not working out as you want it to, you may want to try selling on an auction site like eBay. They let you set a minimum price for your jewelry as well as help you get it out there to a wider audience.

Whether you’re wanting to sell your jewelry as quick as possible, or just whenever, remember these helpful tips. With these tips it is easier for you to make the most out of your unwanted jewelry.  If you are still having trouble set up an appointment with Midtown Jewelry today. With Midtown Jewelry there is never any pressure to sell but if you decide to, we are here to help.