This Is How You Can Sell Jewelry For Best Prices
November 21, 2020
When we sell our old jewelry or jewelry in general, people are skeptical about whether they are receiving the right price for their jewelry. They worry about being cheated. You, of course, want the amount to what your jewelry is worth. As you are just a seller and not a gemologist, you need to know about the worth. There is nothing wrong with a little research. You are going to sell your jewelry and the more you know, the better it is. It is not something which you do every day and it is an experience where you will learn a lot about jewelry like how to sell jewelry for a fair price – this will also help you later; Learning about the sales area of jewelry will also help you become a better buyer.
We will help you know if you are getting a good deal for your jewelry, and we are going to explain a few of the critical factors that determine the resale value of your jewelry. It sheds light as to how the quote offered for your jewelry matches the jewelry's worth or not.
We hope this article helps you and guides you on how to sell jewelry for a fair price.
The first question is why you want to sell your jewelry?
There are many reasons why you might want to sell your jewelry. Some of these reasons could be divorces, relationship issues, need for funds, etc. You might not like the memories associated with your previous husband or your spouse or partners. Perhaps you don’t want any reminders of a relationship gone sour and wish to get rid of the gifts you received.
Some people inherit their jewelry from their grandparents, mothers, or aunts. Maybe you don't like that design or old fashioned ring or necklace, or maybe you just want a better thing instead of that. Also, many women end up with many pieces of damaged jewelry. It might be because the hooks have broken, or hinges are loose, and you cannot fix them. Even if one earring from a pair is lost - You get that right! You might be having many such pieces in your jewelry case.
Another reason for selling the jewelry is that due to unavoidable circumstances in life, the requirements arise and you need the cash. It happens to most of us. The reasons can be many, but whatever the circumstances are, here are all the details you should know about how you can sell your jewelry at a fair price:
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Tips on how to Sell your jewelry for a Fair Price:
1. If you act on the impulse to sell your jewelry, you might not be getting a fair price. You need to carefully evaluate your piece of jewelry that you wish to sell.
2. Get a proper appraisal from a reliable source. You have your antique or intricate jewelry evaluated adequately before selling it.
3. Know the real worth of your jewelry.
4. Sell it to a reputable buyer.
5. Go around and check if you need to know more information.
6. Safeguard yourself.
7. Know the current market rates.
8. Get facts.
Things to keep in mind while making a deal
Carefully go through the buyers to get a fair price. Is the buyer legitimate, and does their site appear to be professional?Are there good feedbacks and reviews from people? Are all the comments positive? Maybe there is something fishy.Does the buyer have a physical address?Is the jeweler's phone number accessible?Do they possess jewelry business knowledge?Does the buyer have a better business bureau rating(BBB)?Do they have a transparent transaction system?
How to sell jewelry for a fair price?
Determining a fair price for jewelry is an important step. To do this, you must keep in mind the following things:
Observe your jewelry for specifically certified markings, dates, brands, and similar such stuff.Research these engravings on the jewelry and equip yourself with the knowledge. Research always helps in making a wise decision.Note the missing parts or if there is any damage to the jewelry.Take photographs of the jewelry and keep certifications carefully.
Some websites provide links and blog posts where you can find more information about the jewelry regarding what is in demand, what is trending, and other such info, which is useful for selling your jewelry for a fair price.
Making a great impression:
When you sell jewelry to a potential buyer, the first impression they get is usually from the photographs you might have included. But the real value is in the jewelry, though. A superb image of your jewelry to the buyer will help you get a fair price when you sell it.
Before selling, it is better to clean the jewelry once. It will help you to get a fair price. You can consider professional polishing for your more valuable or delicate items.If by any chance the jewelry is broken or damaged, we will recommend you not to do it yourself. seek help from any professional so they can make sure that your jewelry will not be further damaged in the cleaning process.If you know about the rarity of your gemstone or jewelry – It will be very beneficial for you to understand the value. You will get the payment if your jewelry is in demand or rare or if it is in good condition. This is why keeping your jewelry well-maintained is very necessary.Take photographs of the items with a contrasting background. Black or white background is always right. A darker colour will highlight the jewelry correctly, and it showcases the value and its desirability.If you plan to sell several jewelry pieces as a single unit, then photograph all of them together and take a photograph of the individual part separately.While taking photographs, take it from all sides and all angles as well.
Best place to sell jewelry
It is best to locate a business that can help you sell your item safely, as hassle-free as possible and of course - at the highest price. Of course, this business you are turning to needs to have a good reputation, and it needs to be transparent and fair. If you want, you can sell your jewelry through our business. We at Sell Your Jewelry by Dianoche have a worldwide reach to the customers as we are an established and reputable buyer of used and vintage jewelry. You can sell your diamond jewelry or other gold jewelry to a broader audience. Our presence will help your jewelry piece find the highest bidder. Proper photography and quality of the jewelry guarantee a fair price for each of your pieces of jewelry. This way, you ensure that your jewelry is exposed to a large number of people.
You can be assured about working with us; We have several clients all over the world and a 5 stars rating on google. Also the payment method in our store is better than the market. If you go for a pawn shop or a local market, it can take longer to get a seller and more time to get the payment in return.With us, you do not have to wait much, and once your jewelry is sold, you will get the payment instantly with your preferred method! We make the whole journey effortless for you and make sure that you get the best services with us.
All of these features and transparency make us one of the fair places to sell your jewelry or sell diamond jewelry. You will get to know what we are talking about once you approach us.
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6 Reasons Why You Should Sell Your Jewelry to us
November 20, 2020
We at Sell Your Jewelry by Dianoche understands that jewelry can have a lot of sentiments. So, when you decide to sell your jewelry, we want you to be sure that it is in the safest hands. Our purpose is to try to help our customers sell their jewelry in the best possible way, by giving them a secure, step by step process that gives them the highest market price for the jewelry.
If you have a piece of gold or diamond jewelry that you want to sell, it is required to find a trusted buyer. To find a local buyer who will pay real value for your jewelry is quite difficult. Sellyourjewelry.com.sg has a store in Singapore. You can visit and consult with our professionals there to get your jewelry evaluated. Here are some of the benefits of selling jewelry with us:
The convenience of selling your jewelry
Instead of roaming all over the town to find the right buyer for your jewelry, selling your jewelry by calling us or visiting us in person will help you as well. Both options are there for your convenience - and they are free! It can be much more comfortable and saves your time and money. Then, our executive will offer you the right price for your jewelry as per the standards. You can accept the offer or reject it as per your wish and satisfaction.
A Jewelry Buyer who is trustworthy
We have experienced jewelry experts that can determine the true value of your jewelry. Moreover, we have a network of buyers throughout the world who make us uniquely placed to provide you with the best possible offer - and we have even rated 5 stars on Google reviews, which is an important factor when deciding who to do business with. Also, we don’t rush to close the deal, unlike the local shopkeepers. We progress at a pace that is convenient for you, explain to you everything you need to know about the process, and answer any questions you may or may not have. The transparency and honesty of the process are part of the values we believe in.
We have a complimentary diamond grading
We also have the best gem labs in the world to grade diamond jewelry and also take care of cleaning the jewelry and photographing your jewelry, and sell your jewelry have all diamonds graded by the leading gemological labs.
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Our process is hassle-free!
You need not go looking for a buyer. We take care of everything, including grading, cleaning, and other aspects like photography which attracts a worldwide network of buyers. You have to schedule or plan an appointment, and we will take it from there.
At Sellyourjewelry.com.sg, you need to fill a form.
Then our experts will reach out to you.
All you need to do is schedule an appointment with us.
You will get an accurate price for your pieces of jewelry.
We have professional gemologists and other professionals
Our professionals will guide or attend you through the process step by step and will update you at every turn.
We are proud of the elevated grades of personal service that we provide, including the expertise that we possess. It sets us apart from the rest. You can also check out our BBB rating at any time. Also, we are diamond manufacturers and we have a vast experience in the high-end jewelry world of sales and making for over a decade. We are very experienced and can provide you with the best service and knowledge you can get.
No Small Letters!
As we said before, our consultation with an expert is free of charge. All you need to do is fill-up the form below and we can start the easiest process you can find for selling your jewelry
Conclusion:
We are here to provide you with a facility for selling your diamond jewelry and gold jewelry. The above-mentioned points are some of the advantages of selling your jewelry with sellyourjewelry.com.sg and giving you top tips for selling your gemstones and jewels. You can trust us and be worry-free. Of course, there is no further obligation that you have to sell it to us alone but we have the best offers. Try us and you will not be disappointed.
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How Much Is Your Inherited Jewelry Worth?
November 19, 2020
Inherited jewelry holds a special place in our hearts. The value of having something that belonged to someone close to you is a great feeling. But there are many challenges one faces when they have to sell inherited jewelry for any reason. If you inherit jewelry, you may have some sentiments attached to it. If you are planning to keep it to yourself for future generations or maybe if you want to divide them up for the estate of the deceased, the inherited jewelry has a great value.
If you're going to hold on to the jewelry for keeping, then this can help you as a valuable resource. For instance, if you want to start a business later on, the jewelry can be helpful. In such a situation, you need to know about the worth of the jewelry. In this article, we will help you guide through some points that can help you get an insight into your jewelry value.
What is the value of your inherited Jewelry?
Inherited jewelry is generally a bit old. It is a known fact that jewelry is a fashion statement. So, you need to set its value accordingly to sell your old jewelry. Why does someone need to purchase it and why this can be a good investment for the buyer? You need to remember two points - The jewelry value standard and the understanding of people for it, as jewelry price and style changes with time.
There can be some inherited jewelry that goes out of fashion, and that can be less in value just because it is not trendy anymore. But in some situations, the old jewelry, which is in excellent condition, can be beneficial too. It depends on who is buying or selling and the state of the market.
But the jewelry’s value is not as easy as the cash.
For instance, the jewelry valuation of an item is more in one area, but in another place and another condition, it could be not very helpful because of various factors in such situations. Still, there are so many factors that play an important role in this situation, which affect the cost value. It is about the buyer as well who wants to buy the jewelry at a specific price.
The price value of your old jewelry can be a lot, but sometimes it is not that much - this can be because of the condition of your jewelry. Factors can be numerous. For such situations, how will you understand more about your inherited jewelry and how to value your jewelry?
Let us discuss the standards to know more about the value of your inherited jewelry. Remember that if you choose the right standard value for your inherited jewelry, it will work in an excellent possible way.
The Standard –
The standard value of jewelry matters a lot. It decides the market value of a jewelry item. According to the guidelines, one set of jewelry can have four different weights. A specific jewelry piece can be valued at different prices from different ranges, and all will be valid. You should know about the average values for your inherited jewelry.
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There are four standards prescribed for a jewelry value:
1. The Replacement Value
The Replacement value is one of the most important popular jewelry appraisals if you want to replace your inherited jewelry. Many people only know about one type of value, but the replacement value produces the highest price for a jewelry value.
The theory behind this is “How much would it cost to replace the jewelry item with a new one?”; It is not about the jewelry item itself but about the original piece and what it would cost.
The one thing about replacement value that you need to remember is that it has the most correlation to the actual market value or the jewelry item. It is best to be the most objective standard of value to use when dividing your inherited jewelry.
2. Estate Retail Value
Another standard value of jewelry has been linked to jewelry items. The estate pieces of jewelry are also known as the used jewelry. The estate jewelry in retail value estimates the price of a jewelry piece that would sell to a customer. If a customer wants to preserve some money but wants to buy a jewelry piece with high standards, they can choose estate jewelry. The inherited jewelry will be worth less than the brand new work, only because it has been used already. It is one of the best standards for your inherited jewelry.
If you precisely want estate jewelry at retail value, you should find one of the end consumers to buy the used jewelry piece. If you're looking for some tips to sell diamond jewelry, you can check our article on Guide on Selling Diamond Jewelry. Here you can get some tips to stay safe and get the best value for your jewelry.
3. Estate Wholesale Value for your inherited jewelry
In wholesale value, estate jewelry is like a business. Let’s say a jeweler who sells jewelry is the one who is willing to pay the price of used jewelry. In this situation, the price will be slightly lower than the estate or replacement value. Reason? The buyer has to add all the cost of business to sell that piece of jewelry to earn some profit. They can buy jewelry easily, which is trendy because it will be easy to sell. This value easily converts to cash, so it is one of the best deals if you have resalable jewelry.
4. Intrinsic Jewelry value for your inherited jewelry
It is the last standard value we are discussing—one of the easiest methods that yield the best prices. The intrinsic estate jewelry is an excellent method for all types of jewelry, and it is raw. There will be no value added to the market or style, condition, market situation, or other facts. It entirely depends on the gem and metal which have been used in that jewelry. It is one of the best factors for your inherited jewelry.
Many “cash for gold” businesses do not pay for the gems. In this situation, offers can be lower than the intrinsic value. The gems' inherent value is entirely based on the amount of wholesale price of the gem minus any cost for re-cutting or even if you polish the gem. The diamond and gemstone trades keep their prices, so there can be a price difference, which depends on your dealer.
Final Verdict
When you are selling or just trying to know about your jewelry's worth, the experts' opinion, and how you talk to your dealers matters a lot. It does not matter what standard you are using as long as people can understand your gemstone and the quality it holds. You should work transparently and be crucial to the work process. We understand the desire for a fair division of the jewels valued – have an honest talk with the buyer.
If you feel that you need any further guidance with your jewelry, you can contact us by filling the form below and our experts will be happy to help you.
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8 Factors that Affect Jewelry Value
November 12, 2020
Numerous factors affect the quality and value of the jewelry. Some of the most paramount factors include the jewelry design; the materials used in making the jewelry; craftsmanship with which it is made; condition of the jewelry; if any alterations have been done, and its rarity. Many factors are considered for new jewelry as well, though some of the factors are unique to some pieces of jewelry. Based on the above factors and more, the value of the jewelry is estimated.
Jewelry value is crucial because it determines the resale value. Knowing the value of your jewelry is necessary for some reasons; The most basic one is that you may want to sell the jewelry items to earn some profit. Moreover, Determining the value of your jewelry is essential for purposes like insurance, etc. You may also find that some jewelry is worth more than the price you have paid for it or that it is worth less than the actual cost.
In this guide, you will learn about many factors that determine the jewelry’s value.
Beauty and design of the jewelry
These are two of the top-most considerations in determining the jewelry's quality and value. However, it is also a matter of personal choice. Some pieces of jewelry are antique, and their designs are more of a raw form. They have immense jewelry value as they are timeless and priceless. Regardless, some of the modern designs are also very beautiful and have different kinds of texture. The jewelry piece’s colors may vary based on the materials used in making it and are visually attractive. If the structure of the ornaments is harmonious and symmetric in size, its value is even further enhanced. The technicalities involved in making the jewelry also decides the price of the jewelry.
Materials used in making jewelry
The materials from which the jewelry piece is made positively affect its value. For instance, if the gold jewelry is made of 14K or 18K gold, it affects its pricing. Or if it is a ruby studded jewelry or red garnet, it also affects the value. In some of the cases, it relates to the quality of the jewelry too. For example, natural, uncut sapphire or diamond with pure color and high clarity reflects a high-quality level.
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Craftsmanship involved in the jewelry
It is another crucial factor that plays a role in both the quality and value of the jewelry. In well-defined jewelry, all the parts of the jewelry fit together nicely. The mechanical parts like the clasps, hooks & links should function properly. A good artisan will ensure that the surface is rightly polished or even textured smoothly. Details should be well defined, and the finishing should be perfect. With excellent craftsmanship, the value of the jewelry raises the bar.
Alterations or modifications of the jewelry
There are many alterations or modifications with old jewelry that can be classified as repair of the old jewelry, remodeling of the new jewelry, or changes to the original design. The first step includes things that need to be taken to correct the common fitting problems. Remodeling has procedures like converting a pendant into a ring or vice-versa while changes involve some minor adaptations like replacing screw backs of the earrings or necklaces to fit correctly. Usually, these kinds of alterations decrease the value of the jewelry.
Rarity of the jewelry
The rarity of the jewelry or diamond jewelry depends on the supply and demand. It has more to do with jewelry value than its quality. It is not easy to determine the jewelry value based on rarity. Rarity usually depends on how common a particular form of jewelry or the style was in a certain period. It also depends on how much the customers like this jewelry. It is common for the rare pieces to be costly, as it is rarely available. Although, on the other hand, these pieces can have low value as the demand for them is less, so they are manufactured rarely.
Metals and stones embedded in the jewelry
Most pieces of gold jewelry of diamond consist of some metal and precious gemstones inserted in them. The type of metal used in making the jewelry and the gemstones embedded in the jewel profoundly affects the jewelry's value. It is not surprising to know that gold is a precious metal. But you will be surprised to learn that jewelry made out of Platinum can be worth a lot too - it is because of the production process of such jewels from that particular metal, which is more complicated. And of course, there is Silver; But this metal is no longer precious. It is so commonly used that its worth became low in accordance. .r
In short, if you have precious metal jewelry with diamonds and other genuine gemstones, the piece of jewelry will be even more pricey. It has a higher resale value if you sell gemstone jewelry.
Condition of the jewelry
The condition of the jewelry is a significant factor that determines its value in the market. If the gold is repaired or damaged in some form or if the metal color has tarnished, it will lose a fair amount of money. If a gold chain is broken or a few stones are not there in the diamond ring, the value will reduce even further.
It is necessary to note that some prefer the antiquated form of the jewelry pieces. If you have such antique jewelry pieces, your option is to sell to specialty dealers instead of a local shop, because they will evaluate your piece much more.
Brand of the jewelry
At last, the brand of your piece can also mainly affect its value. Some people are more interested to learn that costume jewelry can be valuable, depending on the brand.
All these factors determine the jewelry’s value. But in order to make sure you evaluated your jewel to its maximum price, it is common and even recommended to contact experts to know the proper worth of your jewelry. Sell Your Jewelry by Dianoche provides a free consultation to evaluate precious jewelry by in-house gemologists and other professionals. With this free consultation, the sellers get to know their jewelry’s value and its true worth. If you wish to sell your jewelry, then sellyourjewelry.com.sg is the right place for you. We provide an honest quote for your jewelry with transparency in the process. Try us and we will be happy to help you!
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Are Lab Made Diamonds Worth It in 2021?
November 11, 2020
What are lab created diamonds?
Lab-created diamonds are also known as lab-grown diamonds. They are also known as synthetic diamonds, sometimes as artificial diamonds and cultivated diamonds. They are cultured diamonds made by man. These diamonds imitate natural diamonds as they consist of carbon atoms. These lab-grown diamonds have the same chemical characteristics similar to that of a real diamond (naturally produced diamonds). Artificial diamonds prices are usually less than that of natural diamonds. . Lab-grown diamonds do not have any resale value, and the price of lab diamonds continues to drop by 30% every year.
Diamond declaration
Diamonds are a beautiful piece of jewelry, and they have a great demand when you are purchasing high-end jewelry. The marketing of diamonds is also compelling. Diamonds are the first choice when considering buying a cut diamond engagement ring. This article will help you in understanding more about diamonds and is important to those who want to purchase diamonds to get the most out of their investment.
Lab made diamonds vs natural diamonds
Lab diamonds and natural diamonds are different: There is a difference in how they are created, and also in their price and resale value; The rarity and desirability of the diamonds also differ. Here is the list of differences between lab-grown diamonds and natural diamonds:
LAB-MADE DIAMONDS
NATURAL DIAMONDS
Production Time:
Developed within weeks.
Formed through geological processes over billions of years.
Composition:
Made of carbon atoms structures.
Made of carbon atoms structures.
Uniqueness:
Produced in large quantities.
This is a unique stone and no one is 100% identical to the other.
Price & Resale Value:
It has a lower price with almost no resale value.
It has a higher price, and the resale value is at 50% and more.
Availability:
It is available in a wide range of diamond cuts and caratage.
Also available in a range of shapes and carat weight.
Fits well in-
It is attractive for some rings.
It is the most desirable for cut engagement rings.
How to differentiate between lab diamonds and natural diamonds
You really cannot tell the difference between lab-grown diamonds and natural diamonds just by looking at it. It requires special equipment. If you are a professional gemmologist, then you also need specific parameters to identify between them. One of the best ways to differentiate between lab-made diamonds and natural diamonds is to look at the diamond grading report.
When a professional gemologist is trying to determine whether a diamond is natural or lab-grown, they magnify to look at the nature of the diamond’s inclusions. These inclusions in a mined diamond appear somewhat different from a lab-grown diamond. Many times, there are differences in how these two types of diamonds reflect light.
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Now comes the question regarding the worth of lab diamonds
It is a great question, and it is not so easy to answer. In short, the lab diamonds are cheaper, but they are not a good idea for resale value. But it would help if you did not view your purpose of buying a diamond as an investment point of view.
However, you should not entirely ignore the value. A natural diamond has about 50% of its value after the purchase. Further, the diamond value increases as the diamonds are precious, and their importance increases consistently. So, if you are planning to sell your natural diamonds, you should be getting about 50% or more resale value.
Price of lab diamonds and natural diamonds
We try to update you with information related to the prices of natural diamonds and lab-made diamonds. It does not help the viewers of this article to come up with the prices vaguely.
You can compare lab-made diamond and natural diamond prices from some of the online retailers.Or take the help of some experts who can help you with the market price and the worth. If you search for more reliable and trustworthy experts, you can always get in touch with sellyourjewelry.com.sg to make sure you get the right price.It is found that for identical diamonds, the lab-made diamond’s price was far less than the natural diamonds.
Is it a good idea to buy a lab diamond?
If you are considering buying a lab-made diamond ring, then you can save some amount by going with the lab-created diamond ring as a natural diamond is much costlier. But the same is valid with the resale value also.
Some people are also interested in buying rings, pendants, earrings, etc. made of lab-made diamonds as they find it cheaper and desirable. So it depends on their personal choice.
Is it fair to compare lab-made diamonds and natural diamonds?
The answer to this question is both Yes and No. The prices of the lab-created diamonds will decrease further. Another problem is, will they go away from the market? It is a tricky question since they are beautiful and there is nothing much to say. For many occasions like engagement, etc., a diamond ring is considered to be a must-have.
Bottom Line
Since you are going to invest a massive amount in your diamonds, you should always talk to experts who can help you with this. Rather than local jewelers, you can also consult with us. We will help you not only with your diamonds but with the experts; we can help you with the price as well.
So, it is better to know the difference between lab-grown diamonds and natural diamonds to understand where you should invest your money. Fill the form below this article if you want us to give you a free of charge consultation regarding your diamonds:
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