With the fluctuating value of gold jewelry and diamonds, it is important to choose the very best place to sell jewelry, that fits your needs and can give you a fair offer. JEWELRY BUYERS IN ORLANDO FLORIDA. Selling jewelry locally or with a jeweler near you comes with a significant challenge as the retail markup for jewelry far exceeds its market value and a conflict of interest exists when it comes time to buy those pieces back. Many individuals prefer to try locally first and work with a trusted jeweler. However, many people find that their jeweler has a limited ability to provide a fair offer and ultimately turn to online solutions with expanded offerings.
typically contain one or more diamonds- the center stone makes up the bulk of the value of your ring. If you have a certificate for the stones, this helps our GIA trained gemologists give you a more accurate price estimate. Orlando Estate Buyer has a lot of experience in dealing with customers selling engagement rings and our valuers have the knowledge needed to ascertain the resale value of the diamonds.
Before you get too excited about raking in the cash, it’s super important to ground your expectations in reality. You may have an heirloom diamond necklace that belonged to your eccentric great aunt Mimsy, but to everyone you’re selling to, it’s just a necklace (and that diamond might not even be real). As Howard Rubin of the National Association of Jewelry Appraisers explains to the LA Times, it’s exceptionally rare to sell a secondhand piece for anything close to its purchasing price.
Rubin also notes that a piece of jewelry won’t sell anywhere near an appraised value for insurance purposes either. Those appraised values are based on the retail cost of replacing the item, including profit for the manufacturer, wholesaler, and retailer. The actual amount you’ll get for your jewelry depends on a lot of different variables, including beauty, rarity, where it was bought originally, and the materials that make up the item. Rubin cautions that you should never try to sell jewelry you really like, unless you’re desperate; there’s probably no profit to be had. Most people that are willing to buy your used jewelry are trying to make a profit themselves, so keep that in mind.