We clean out our closets every spring and fall. How often do we think to clean out our jewelry box and sell unwanted jewelry for something we can all use: cash? There are many reasons to seek out a buyer. Here are just a few grounds for letting go of those rings and things you’ve been hanging onto:
1. Clear the heir. You can’t split a diamond bracelet three ways. Rather than an Indian leg wrestling match followed by years of resentment toward your older brother (who totally cheated), why not sell the heirloom and split the profits? Grandma would’ve wanted it that way.
2. Unsaddle your debt. Why let the credit cards bills pile up when there’s a Ziploc of your great aunt’s gold locked away in your desk drawer? It’s been sitting there for years and you keep telling yourself you’ll wear it or maybe pass it on to your unborn daughter. Make the most of its scrap value now. Your parents will take care of spoiling your daughter later.
3. The ex factor. The ring is gorgeous. You adore it. But he gave it to you… and you no longer adore him. Rid yourself of the ring and the bad juju that goes along with it. Start anew by spending your dollars on something special just for you! After him, you deserve it.
Once you’ve decided to cut the necklace cord, what should you know about meeting with a buyer?
- “You can’t bring too much,” says Scott Falconer, gemologist with Donald Haack. The one brooch you leave at home could be the one that’s worth the most. There are signatures, stampings and hallmarks that can make a huge difference in value.
- If it’s scrap, you will get what’s called the “melt value.” If it’s in good condition (i.e. it can be resold) you’ll get a better value.
- Look for a buyer who’s not selling just for the gold. You should be paid for the style, quality, manufacturer and condition of the piece… not just for the scrap gold.
- Some older items demand a premium over current contemporary pieces. In other words… vintage is in.
Donald Haack Buying Event
Sell us your unwanted jewelry, silver, gold and diamonds! We are holding a two-day event Monday, July 30, and Tuesday, July 31 from 10 a.m.-5 p.m. Meet with Scott Falconer who has worked buying events up and down the East Coast. Can’t make it Monday or Tuesday? We are always buying jewelry by appointment. Call to make yours: 704.365.4400.