Selling jewellery can be a frustrating and frazzling experience, as you try to navigate appraisals, buyers and finding the best deal. Finding a reputable appraiser and buyer, as well as ensuring the jewellery is in prime condition, is a delicate balance and crucial to garnering the most money from the sale. Choosing to sell on line through an auction site or classifieds site versus selling in person to a jeweller or pawn shop is also an important decision and one that can determine the price you can ask.
- Skill level:
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Things you need
- Appraisal books
- White gold
- Online auction site
- Classified ads
Have the rings appraised. This will ensure that no matter how you sell the jewellery, you get a fair value for them without overcharging the purchaser. Find an appraiser through word of mouth recommendations, by asking local jewellers or through on line listings and postings at the Better Business Bureau.
Decide if you want to sell the rings to a local jeweller, antique store or pawn shop, or if you would rather list them on line through an auction site like eBay, a classified site like CraigsList or a sale site like ExboyfriendJewelry.com. You may be able to fetch more for the jewellery by selling on line because you can reach a wider audience, though shipping and insurance charges can whittle away the total profit.
Research all options and protect yourself either way. If you sell on line, be sure that the transaction is legitimate and that the buyer pays through PayPal before you ship the ring. If you choose to sell to a local jeweller or pawn shop, be sure that you are getting fair value and that the business is above board.
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