Sell your old but expensive jewellery in various practical ways without getting scammed. With proper negotiation techniques, you can gain an adequate selling price from your unwanted jewellery.
With many evolving designer jewellery available in the market, you might not be using your old yet expensive jewellery anymore. What is the more convenient way to get rid of them than selling? It's far better than sitting unused and unwanted in your safe locker, while you can turn them into cash and buy more fine jewellery for special occasions. But many times, people get scammed while selling their expensive jewellery because of no prior experience in jewellery selling prospects.
Here we will discuss where to sell jewellery effectively to get proper money out of it. Below are some elements you need to consider while preparing for sale:
Determine The Value Of Your Unwanted Jewellery
You need to understand your piece of jewellery and determine the value of precious metals. Many antique pieces of jewellery are made out of the pure form of metal. If you have rare vintage jewellery, it's most likely worth a lot of money. Hence, recognize the antique jewellery from your collection in order to get them valued by experienced and professional jewellery appraisers. Evaluate the condition of your jewellery since the value of your jewellery might decrease if it is chipped, broken, or scratched. To know how to sell used gold jewellery, first determine its worth.
Do The Sale Discussion With A Trusted Source
Make sure to discuss the selling of your unwanted jewellery with someone you could trust. You can sell used jewellery online rather than involving a middleman to do the discussion since they tend to minimize the selling price. Get references from your reliable source or get reviews from your acquaintances with prior experience. Ask about their opinion regarding where to sell gold jewellery.
Establish Where You Should Sell It
1. Local RetailerAre you wondering, 'what is the best place to sell jewellery near me?' Well, local retailers can offer you the best price on your jewellery to appease you as a potential customer. The local jewellers can test and appraise your jewellery instantly because of their experience.
2. Online Auction SiteThere are many online auction sites such as eBay to sell jewellery online from home, from where you can benefit by getting a more valued price than the actual selling price. But be sure to physically deliver the jewellery to receive your money.
3. Get Help From The Consignment JewellersYou can request to 'sell my jewellery' to any consignment jeweller, who basically sells your jewellery on your behalf. However, they can ask for a 25 to 40% commission on the selling price.
4. Approach Pawnshop or Pawnbrokers For Instant MoneyYou can always approach pawnshops or pawnbrokers to sell your jewellery to get instant cash. Since you are in a rush, they might pay you a lower price rather than the actual worth of the jewellery. Be sure to negotiate in a proper way to get maximum benefit.
Expensive metals such as gold and platinum are peaking in value; even silver is going up in value. Hence, it's high time to sell your unwanted gold, silver, or platinum jewellery at a fair price.