July 18, 2024


Savvy business masters

How to Sell Your Fine Jewelry, and What Type Sells Best?

Everywhere you look these days, there is someone wanting to buy your jewellery however, not all jewellery is made equal. You have your usual run-of-the-mill jewellery pieces you can find at a retail store. It might be made of gold and might have some kind of precious metal it isn’t quite special and then you might have special “Fine Jewellery”. Cash for gold dealers might not take the time to educate you about the pieces of jewellery you are selling. You need to know the difference between your ordinary run-of-the-mill gold jewellery and fine jewellery.

 What makes gold jewellery fine Jewelry?

The term is used to define jewellery made from precious metals and set with precious stones. If that was all it took to elevate your jewellery from just ordinary to fine then we are all walking around with fine jewellery on our fingers draped around our arms or hanging from our necks. So there is more to it. There are basically four things that should come together for a piece to be considered “fine”, the precious metal, the precious stone, the craftsmanship and the brand.

Gold Metal

The first thing anyone would do when selling gold jewellery is to evaluate the metal. Fine jewellery should be made up of precious metals which include gold, silver and platinum. If you have gold jewellery, look for hallmarks to find out what the quality is or in the case of gold what the karats are. If you are unsure, you can always ask a professional jeweler or gold buyers. Fine gold jewellery is usually made of high quality gold like 18 Karat gold, anything lower than that is questionable. 24 karat gold might be purer but it is not practical to use on jewellery that is meant to be worn because it is too soft and easy to damage.

The Precious Stone

You need to look at the stones that have been set on the piece of jewellery. These stones add value to the piece. The common precious stones used in fine jewellery are Diamonds, Sapphires, Rubies, Emerald. As far as the value of the stone is concerned expert gold buyers will look at the color, clarity, cut, and carat (which is different from gold’s Karat system)

The craftsmanship

It’s no secret that jewellery officiandos prefer pieces that look like they were specially made. The more unique a piece is the better.

Fine jewellery is often made by highly trained and talented craftsmen. They consider their creations works of art. To them, each piece is a masterpiece and in some cases, they end up selling a limited number of these masterpieces. Art costs time and creativity. This translates into the cost of the jewellery. When you buy fine gold jewellery you might be buying something that will be regarded as rare art pieces.

Brand and Value

With fine jewellery time, craftsmanship and creativity are important but so is the jeweler or rather the brand it comes in. If you want cash for gold you might want to consider its brand. There are a few that have become popular like Chopard, Tiffanies, Van Cleef & Appels, Boucheron, and many others. The more popular your brand will be the more money you can get for it.

Remember that cash for gold buyers are more interested in your metal and not so much as the brand or the stones. Still, some buyers operate differently and will offer top dollar for famous brands, unlike what they would offer for the gold they receive and send back to the refinery to be melted down. If it’s in good condition the buyer might resell it to high-end jewellery stores. They often pay top dollar for fine jewellery and can pay you better than cash for gold dealers who will only pay the scrap value of the metal and not consider gems and craftsmanship.