Jewelry without a Certificate
August 22, 2022
Can I sell my diamonds and diamond jewelry without a certificate?
Here’s what to do if you don’t have the certification documents for your precious gems.
When it comes to buying and selling diamonds, it makes perfect sense that the industry requires certificates of authenticity. After all, these are highly valuable gemstones, and buyers want to be assured that they are getting what they pay for. But if you are selling a diamond ring or other piece of diamond jewelry, you can often get a good price without a certificate.
What is a diamond certificate?
Diamond certificates - sometimes called gemological certificates, or grading reports - are issued by accredited laboratories, among the best known of which is the Gemological Institute of America (GIA). The European alternative is the Hoge Raad voor Diamant (HRD), and other reputable gemological laboratories include are the Parisian Chambre de Commerce and the EGL (European Gemological Laboratories). The labs will issue certificates declaring the diamond’s characteristics based on what is known as the ‘4Cs’: color, clarity, carat weight, and cut. There is no single body that grades diamonds to define what a color or clarity grading is, and each laboratory has its own grading quirks and criteria. One may be stricter on color, for example, but more generous with clarity gradings. What matters is that they are all consistent, so buyers know what to expect from each laboratory.
Why do we ask for them?
There are a number of reasons that we ask for certificates when we buy diamonds.
Authenticity. The number one reason is to establish straight away that we are buying genuine, natural diamonds.
The Rapaport Price: Established by New York diamond broker Martin Rapaport in 1978, the Rapaport Price List is the industry standard for pricing diamonds - used by both dealers and buyers as a guideline for prices, based on GIA reports. A certificate gives us a clear idea of what we should be paying for the diamond.
Cracks or other defects. The certificate will flag up any cracks or natural defects that can affect the final weight of the diamond.
Diamond ID: The diamond certificate will provide us with a ‘diamond ID’ - detailing all its physical details and characteristics.
Cut parameters: The gemological certificate will give us the ‘cut parameters’ for the diamond, which will ultimately affect the pricing.
What if I don’t have the certificate for my diamonds?
Many people contact us to say that they do not have a certificate for their diamond, or that their certificate is lost, but they still want to sell. If you are dealing with individual stones - and especially ones of a high value - our recommendation is to have your diamond officially certified, preferably by the GIA. It is not an expensive process - expect to pay around US $50-80 depending on size- and will help you sell your diamond easily, and at the best price. When it comes to jewelry, remember that the family heirloom may well have been exaggerated over time. It’s worth having a couple of experts look over it before deciding whether to seek certification for the diamonds. And of course the opposite might be true: perhaps that piece of ‘costume jewelry’ is worth a fortune! Always seek the opinion of a trusted professional (or, even better, several trusted professionals).
Are there any alternatives to a certificate?
If funds are tight and you don’t want to fork out for an assessment and certificate, there are a number of ways you can get a decent idea of the price of your gem or jewelry item. You can ask a professional diamond buyer, or even a pawnbroker, to give you their professional opinion, free of charge. Be aware that they may have a vested interest in giving you a lower appraisal if they are considering buying the diamond, so ask at least two or three experts to get a solid idea of value.
Limited sale options
While you can save a little cash in the short term by not having your diamond officially evaluated and certified, it’s likely to limit the sales potential and the final price you might receive for your diamond or item of diamond jewelry. Many reputable buyers won’t accept diamonds without certificates, so you may be limited to selling on sites such as Ebay, or selling to pawnbrokers. While you might get a decent price, it’s likely to be less than you would get for a diamond with accompanying certificate and guide price.
GIA Inscriptions
Most diamonds that have been officially evaluated by the GIA come with a micro laser inscription on their girdle. The inscription is so small as to be invisible to the naked eye, but can be found with ease by a professional diamond dealer’s microscope. The inscription officially identifies the diamond, and links it to to the accompanying grading report and certificate. It’s a simple way for reputable traders to establish the cut and quality of a gem.
Do low-carat diamonds need to be certified?
There are some instances when it’s not a financially sound move to have your diamond or piece of jewelry officially certified. For example, diamonds below 0.30 carats are rarely certified, because they are not likely to be sold for a high enough price to justify the investment. Typically, the certification might cost around 10-20 per cent of the price of a small diamond, so many people choose to sell these without a certificate. For example, if you have a small stone from a diamond tennis bracelet, it probably wouldn’t be worth paying for an evaluation. Be sure to have it evaluated by two or more reputable professionals, though.
Can I sell my diamond ring without a certificate?
Whether it’s your own diamond ring or an inherited one, selling a diamond ring can have an emotional aspect to it, so it can help to keep a cool head when deciding how much to sell it for. The first step should be to take it to an expert for evaluation - many diamond rings are made with certified stones, so it could well be the case that you don’t actually need to have your stone certified at all.
It’s worth remembering that the GIA, and other gemological laboratories, will only evaluate individual stones, and not items of jewelry in themselves.
This is because they need to be able to examine the whole stone in detail, and some parts will be hidden by the ring or other jewelry item. So you essentially have two choices - you can have the stones removed, evaluated, and then put back with their inscription (this could be a solid option if you are looking at higher value stones), or you can take your ring to professional appraisers (again, it’s best to visit at least two or three to be sure of a fair appraisal) before putting your precious ring on the market. The same applies to necklaces, earrings, and other items of diamond jewelry you might like to sell.
Can I sell my diamond tennis bracelet without a certificate?
As tennis bracelet are usually made with smaller stones, it is not at all unusual for these to be sold without certificates. However, if your bracelet is made with larger, natural diamonds of over 0.50 carat, it may be worth having the stones certified.
A rare secret about natural diamonds…
As a certified gemologist, I can let you into a little secret about natural diamond jewelry. It is essentially impossible to assess the color, clarity, and cut quality when a diamond is mounted in a ring or other piece of jewelry, so any jewelry certificate or evaluation will not be 100 per cent accurate. And one person’s assessment may differ greatly from another. If you are dealing with a large diamond set in a ring, for example, it is worth having a professional remove the stone to be assessed and inscribed, and then remounted in the ring.
The ‘hidden secrets’ of diamond jewelry
The diamonds in your ring, necklace, or earrings might not be all that they seem. How so? Well, a good jeweler knows how to present the brightest, whitest side of a diamond when setting it in a piece of jewelry. To the untrained eye - or even the expert eye - it can be difficult to tell the ‘real’ color, clarity and cut quality. Sometimes an irregularity is hidden under a ring prong, for example, and can only be seen once we take it out.
Should I sell my diamond jewelry without a certificate?
The short answer is very likely to be ‘yes.’ Having a trusted professional look over your jewelry and assess it for quality and price recommendation should be enough. Unless the diamond is over 0.70 carat, it is probably best to leave it in place. There is a possibility that your diamond might be broken under the settings, in which case they would need to be recut, and the Rapaport price would drop. With older items of jewelry, any removed stones are likely to need recutting, so - again - unless it is a very large, white, and clean natural diamond, I would not be in a rush to have the stones removed and certified.
So, there you have it! If you are holding onto individual diamonds, it’s a very good idea to get them certified in order to be able to sell them to the right buyer, for the best price. If you’re looking at diamond jewelry, you should be able to sell without diamond certificates - just be sure to get a trusted professional to give you an idea of value, and don’t be afraid to ask for a few professional opinions in order to be sure of your asking price!
Before Selling Understand the Jewelry Pricing and Value
April 7, 2021
Planning to sell diamonds, diamond rings, or any diamond jewelry?
How to start? Where to sell? What would be jewelry pricing? These are some questions that fill your mind. Do you need to be in this much of a doubt? Well, the answer is- "certainly not!"
Selling jewelry, particularly diamonds, diamond rings, and diamond jewelry, can be a long and unfruitful process for some, especially if you sell it for the first time. There can be a variety of reasons as to why one tends to sell diamond jewelry. It can be possible that you want to upgrade your jewelry, or want to liquidate it for some cash, or want to sponsor a vacation you always wanted.
It is very true that when one sells diamond, diamond rings, or diamond jewelry, their prices fall drastically. There are various reasons associated with it. The first one and very obvious one is that it is second-hand. You must have heard from somebody that a car or bike's resale price is very low when it becomes a second hand.
Jewelry pricing depreciates with time. Add to this the profits of the dealer and their costs incurred in repairing or polishing the jewels. So, a second-hand piece's final jewelry pricing ranges somewhere between double and triple the market's wholesale price. And upon all this, the dealers also keep good margins for themselves.
A retail replacement value is mainly used for insurance purposes; it implies the value one would spend for the same or similar item in a retail platform. When an insured piece needs to be displaced quickly, the retail market is steadily the only area to do so. With retail prices varying due to regions, sales, marketing, and the economy, one must be aware of the insurer's specific market and criteria to boil down at the appraised value.
Insurance Appraisal
Insurance appraisal or insurable value is an impartial judgment of a specific item's price based on an examination and analysis of related data and the request of appropriate techniques.
In case of product damage, the insurance policy explicitly declares that it will reimburse the restoration or replacement of the broken items. This is dependent on the limits specified in the policy, based on RCN or Replacement Cost New. Suppose the insurer chooses not to restore or replace the affected items. In that case, the actual cash value "ACV" will be used for payments.
Particularly in the case of jewelry, the value should be comparable to displacing the jewelry with a similar item of jewelry in an appropriate platform being sold at the saleable rate.
Fair Market Value
Fair market value refers to the price at which both seller and buyer agree to the deal. There should be no force of one on another or interjection from any third party. This is a conscious decision. Both the seller and the buyer have all the relevant and needed information about the product and market.
Resale Appraisal
Resale appraisal refers to the process of determining the value of the jewelry you want to sell. Your selling reasons could be anything, whether you require cash or want to sell to upgrade your collection.
You can sell the jewelry piece again to anyone in the market or directly to the final customer.
If you need any help regarding this, Sell Your Jewelry. This B-B-B accredited platform offers its users, who want to sell jewelry, an additional service of Resale Appraisals.
Estate Appraisal
IRS(Internal Revenue Services) statutes put compulsion that Fair Market Value is used to get appraisals for the items possessed by a departed individual. An assessment of all their possession is performed for tax and diffusion motives.
Charitable Contribution or Gift
When donating jewelry that holds some monetary value, to a qualified foundation for study or charity, like in a museum or university centers. The Fair Market Value is used in appraisals.
Damage or Loss of Value Appraisal
Adjusters, insurance companies, or the protected person uses Damage of Value appraisal. This kind of appraisal determines the evaluation if any private possession is lost, stolen, maimed, or destroyed.
The item is valued both in its original condition when it was in possession and its current conditional value.
Jewelry as Collateral
Loans are issued by banks, private firms, and individuals with jewelry as collateral. The pawnshop is a perfect example of this type of deal.
The parties providing these type of services offers services for the appraisals for jewelry as collateral.
Family Division Appraisal
A family division appraisal can be used in various cases where the family is divided, for instance, the death of a family member or divorce of a couple of estate planning. This appraisal inscribes all actuarial possession, allocating the Fair Market Value at the time of assessment. [greeting]
What an Appraisal Should Include
In most cases, almost every appraisal should involve details of the jewelry, including its weight, quality, ratios, jewels, type of metal, any coatings, and more. The appraisal should display the credentials of your appraiser, and it should mention the kind of appraisal for accurate jewelry pricing.
The charges of appraisals can differ with time, place, and appraisers. The appraiser can charge a square rate or overall rate or charge per hour, which can depend on the appraiser's credentials and experience and can be between $50-$300 per hour.
Ensure that your appraiser also has an Omission and Errors insurance as well. So that you can be protected if there are any mistakes committed on the appraisal. This will protect you from shocks of not getting reimbursement due to faulty paperwork.
Value Reality
As mentioned before, Jewelry pricing comes to play when selling your jewelry, and this lands under the compulsion of requiring a Resale Appraisal. The notion of Fair Market Value can look a little not so related. So, let's put this example in the more easy example.
Let's take, for instance, that a person bought a necklace for $2,000. Before sales tax, the rate is $1,500. Reselling the necklace to a reliable buyer (personal contact or some shop) would naturally fetch a price of between $500 and $1,000. Are you wondering why the resale jewelry pricing is this low?
As said earlier, a retailer also has some expenses on his side. These include wages to his employees, charges of repairing and polishing his shop expenses, building rents, and whatsoever.
These small costs that firms incur, also called overhead costs, decrease selling prices and balance the price with other expenses.
Before going out in the market to show around your diamonds to sell, do some homework by yourself. Learn about jewelry within a comparable spectrum in the retailing market and online. You can also find these details from your local traders and trusted individuals out there in the market. In order to get a clear picture of how jewelry pricing works.
Looking to Sell Your Jewelry?
We hope this was useful to you. Also, Sell Your Jewelry is a comprehensive solution. If you want to sell diamond rings or if you're going to sell diamonds or any other diamond jewelry. Sell Your Jewelry is also a great place to learn more about jewelry pricing. Jewelry appraisals from industry experts when you wish to sell diamond jewelry.
Fill in the form below and our experts will be happy to meet you and give you a consultation for free! [greeting]
Jewelry appraisal refers to the process of estimating and calculating the value of jewelry. Professional appraisers do this in a controlled setting with great precision. Diamond ring appraisal is done in two parts – appraising the metal parts and the diamond appraisal—both the metal and stone need to be appraised separately because their values have different factors.
Appraising the Value of Diamonds in Rings
You must have heard of the 4Cs that affect diamond value – color, clarity, cut and carat weight. These were put forward by the Gemological Institute of America (GIA) and are now followed by all labs across the globe for uniform grading of diamonds. Any professional appraiser would therefore, have these factors in mind during diamond jewelry appraisal.
To better understand these factors, GIA also established a grading system that would help professionals in the process of diamond jewelry appraisal. There are charts and scales on the basis of which most diamonds are appraised.
Appraising Diamond Color
Diamond color plays a crucial role in jewelry appraisal. Luckily, GIA came up with a color chart that would help professional and uniform assessment of diamond color. This color chart grades diamonds on the basis of how colorless they are. GIA classifies diamond colors on a scale which ranges from “D” to “Z”, where D represents colorless diamonds and Z signifies diamonds that are yellowish or light brown in color.
Understandably, stones with a strong yellow tint are not desirable. So, diamonds falling on the lower end of the color chart are less valuable than those that have a higher color grade.
Appraising Diamond Clarity
According to GIA, diamond clarity refers to a qualitative metric that grades the visual appearance of a diamond. Clarity of diamonds is important during diamond jewelry appraisal.
Very often, natural diamonds have a host of imperfections and flaws which compromises their clarity. But sometimes, these imperfections are too minimal to be noticed by the untrained eye. Diamonds that are free from internal blemishes are extremely rare. So, diamond jewelry appraisal takes into all these factors to determine the value of your diamonds ring.
Appraising Diamond Cut
The proportions and cutting determine the angle at which light enters the diamond. If the light does not enter at the best angle, it will result in a dark and dull appearance, which in turn will negatively impact the diamond jewelry appraisal. This is why craftsmen take special care to cut and shape the diamond in such a way so as to enhance the light and dark areas. This contrast enhances the sharpness and clarity of the diamond, giving it a crisp and neat look. As a result, well-cut diamonds are priced higher.
Diamond jewelry appraisals take into consideration parts of a diamond like the girdle, table, polish and symmetry of the facets, depth and culet. Moreover, diamonds with unique shapes like round cuts, princess cuts, emerald cuts have differently appraised and therefore have different values.
Diamond Carat Weight and Appraised Value
Due to the extreme precision required in weighing diamonds, the fraction of a carat can make a huge difference in its value. One metric carat is equal to almost 0.2 gram. One carat has been divided into 100 points. Diamonds are weighed to a thousandth of a carat and then rounded up to the nearest hundred (or point).A common confusion among people is regarding the size of a diamond. What costs more – a large diamond or many small diamonds? The answer to this is quite simple.
The larger the diamond, the rarer it is. Due to its rarity, its value is greater. Also, a larger diamond costs more per carat. Thus, size and carat weight play an important role in its jewelry appraisal.
Appraising Diamonds: Loose vs. Mounted Stones
The value of a diamond can vary depending on how the appraiser evaluates it.If the diamond jewelry appraisal has done with the stone still mounted in the setting, the evaluation could be less accurate. It is because certain features of the diamond get hidden if it has still mounted on the ring.
The color and clarity of diamonds get compromised if they have still set on the metal band. For example, the diamond color of the metal could mask the true color of the stone. The appraiser would also not be able to evaluate some small flaws and inclusions. A mounted diamond cannot be weighted. So, the jewelry appraisal would contain an estimated carat weight based on the stone’s dimensions and not its true weight. This would negatively impact the value of the stone, making the jewelry appraisal inaccurate. On the other hand, jewelry appraisal of loose diamonds is far more accurate and authentic.
Appraising the Value of the Ring
The final appraisal value of your diamond ring would list the value of the stone as well as the metal. It is also true for engagement ring appraisals where the purity of the metals like gold and platinum in the ring has been evaluated. Apart from this, some other factors also determine the value of your ring. Of these, the most common include the ring setting, design and condition. The jewelry appraisal also examines whether or not your diamond ring is bent, scratched, dented, or has loose prongs.
If your diamond ring is from listed brands or exclusive designers, its value increases. And this will be reflected in the jewelry appraisal. Unique pieces of fine jewelry that have intricate designs or are handcrafted are also valued higher.
Bottomline of jewelry appraisal
A complete jewelry appraisal for your diamond ring constitutes the evaluations of both, the stones in the ring as well as the metal parts. The final value ascribed to the piece reflects the total worth of the complete piece. These values are based primarily on market rates and prices. Many jewelry appraisers even evaluate the rings based on how much they would cost to buy in the current market situation. Getting a professional jewelry appraisal done for your diamond rings can help you get a clear idea of what your ring is worth. This will help you set realistic expectations when you go on to sell diamond rings.
Bear in mind that the resale value of any piece of jewelry is always comparatively lower than what you initially purchased it for or even the appraised value. But the jewelry appraisal helps you focus on what you stand to get so that you have not tricked into selling your diamond ring for less than what you deserve.
If you are looking to sell your diamond jewelry, you can offer it to Sell Your Jewelry. All you need to do is book a free consultation with expert gemologists who will evaluate your diamond ring and offer the highest prices in the city. You can sell diamond jewelry without any hassle in a 100% safe, secure and transparent process. Contact us today to get the best price for your jewelry. Fill in the following form to get started:
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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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The Ultimate Guide For Selling Diamond Jewelry
October 26, 2020
Due to growing economic cash demand for different purposes, people do not mind selling their diamond jewelry. Some people have inherited antique diamond jewelry pieces from their ancestors and prefer to trade them for modern designs or newly introduced designs. Some might not want to remember the past associated with their diamond jewelry so they prefer to sell it for a reasonable price. But selling diamonds is a more costly affair than selling gold; You need to know certain aspects of it before you go for a sale.
If it was the case of gold, it was easier to identify the market value of it by knowing its purity and sell it for profitable returns. However, the sale of diamond jewelry is not so easy. Estimating the diamond's value requires professional help. Some of those professionals are the buyers who have in-house specialists like gemologists and other experienced people.
Steps for Selling Diamond Jewelry
1. Find a genuine diamond buyer.
While you sell your polished diamonds or diamond jewelry for cash, it is essential to feel confident and comfortable in the process. It is better to start with diamond buyers having a Better Business Bureau (BBB). Sellyourjewelry.com.sg has an excellent rating, and we hold a dealer's license that the Singapore city government's department issued. Thus, if you choose such a trustworthy buyer, you can peacefully go ahead with little worry and ensure a hassle-free selling of your diamonds.
2. Where to sell the diamonds?
Sellyourjewelry.com.sg has a transparent process, and its objective is to buy the diamonds and jewelry with the seller's satisfaction. When you work with us, it is your choice whether you want to sell your jewelry to us on an agreed price or sell it on a different cost to an end buyer that we locate for you. If you choose the second option, where we are not the end purchaser of your diamonds, all the estimates and prices are mainly to provide correct information to both the seller and the buyer who are bidding on it. But our evaluation is 100% professional and accurate, and this is the kind of place you should look for when you want to get the best offer for your diamonds.
3. Know what type of diamonds you possess.
The price of the diamonds fluctuates as the market fluctuates. So, the first step is to understand what goods you have. You can use a Diamond Value Calculator that will find you the market's resale value online. But the best way to get a full picture of your piece is by consulting with an expert gemologist. Remember to come to the meeting with all of the official papers and certificates you have for your diamond goods. This is a very crucial part of any evaluation you will ask for, whether you choose to do it with us or anywhere else - because those papers help to define your diamonds fully.
4. Diamond's value is determined by the Four C's
Carat- Carat refers to the size, and it is directly proportional to the size of the diamond. The bigger the carat of the diamond, the higher the price of the diamond.
Color- The price is changing based on the color of the diamond. Some diamonds have a slightly colored tint like yellow or brown, and some diamonds have a more clarified color, like pink, blue and even green. The color also plays an important role in determining the process of selling the diamond.
Clarity- The diamond has to be flawless. The fewer the marks of the gem, the higher is its value. The clarity of the diamond is an important aspect to consider in selling diamonds or diamond jewelry.
Cut- The cut is the shape of the diamond. The neater the cut is, the higher the price of the diamond ring or diamond jewelry.
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5. Another essential factor to consider is how immediately you want the cash.
If you are thinking of selling your diamond jewelry on your own, take in mind that it is a very time consuming and exhausting procedure. Some online platforms like eBay can sell your diamonds, but you need to have a lot of experience in this field in order to succeed.
Selling your diamond jewelry with us means that we do all the work for you and help you sell your diamonds soon and safely with little trouble. In a quicker time frame, you will get a proposal for your diamond jewelry. We manage the whole process for you.
Guide on selling diamond jewelry with us:
Free consultation on booking- We will provide you a completely free consultation. Once you fill and submit the form below, one of our reputed gemologists will contact you shortly after to schedule the meeting.
We will do all the work - Once your item reaches our offices, it is kept securely and you have nothing to worry about:
You can keep photos of your items for your reference.
The top gemologists will evaluate it properly during the consultation in our Singapore office.
We will give a price, and we offer you an amount. You can either decide to accept or reject the offer as you like.
If you accept the offer, you are now ready for the process.
The next step is to close the deal –As you accept the offer, we will pay you the amount decided for the item you are selling.
If you wish to sell your diamond jewelry to us, start our easy and free of charge process by filling the form below.
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Top Tips to Sell Your Gold for the Best Price – Must Read!
October 23, 2020
There are many places wherein you can get quick cash for your gold. But the problem lies in finding the most profitable one for you. The best way to sell your gold is through reputed online buyers dedicated exclusively to such gold ornaments' trade. But before you rush to find them, there are a lot of things you need to consider and know beforehand.
In this article, we have enlisted various tips that you must master before you attempt to sell your gold.
Determine the current value of your gold:
The current economic trends have paved the way for a steep increase in the prices of gold. Recent prices are the maximum prices gold has achieved in recent days.
Most of you would have purchased gold as an investment or an asset for future use. Now is a great time to sell gold for cash and make a remarkable profit out of it. Though the process of selling gold can seem quite tiring, we will try to simplify the process in this article and explain to you the basic factors driving the sales of gold, places where you can sell it, and the pros and cons of each.
How is gold priced?
Gold is priced in terms of weight only. Unless mentioned otherwise, this gold rate will always represent a 24k gold price, which has 99.99% purity. You can use this gold calculator wherein you can simply enter your gold weight and caratage. The calculator will be displaying you the approximate value of the gold.
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What actually is "Spot Price"?
As it is quite literal, the spot price of gold refers to the amount of money required at any point in time to buy a unit of gold at that point in time.
In simpler terms: It is the current selling price of gold.
Reasons behind not getting the exact spot price for your gold:
There is just a simple logic behind getting lower prices than spot price when you resell your gold. Most of the retailers buy their gold and add markup costs like transportation and profit percentage. Hence, when they buy gold from you, they will be deducting large junk from the spot price as the markup and overhead costs. They also melt your gold for reusing it, which they also deduct from your price.
Can we estimate the most profitable timing of selling?
Similar to most of the products' market price, fluctuations in gold price is unpredictable. There is nothing called 'the best period' to sell your gold. You can lean towards gold price predictors and analyze the trends for finding the optimum market time to sell, but it won't be exact all the time. Whenever you feel that the spot price is at the maximum, you can sell your gold at a profitable rate.
Best places to sell your gold
There are many options where you can get immediate cash for gold. Depending on your situation and purpose, the pros and cons differ. Taking an overall view, the efficient way of selling your gold for the highest possible price would be through online sites like sellyourjewelery.com.sg.
Why do online buyers provide the best prices?
We, online jewelry experts, can actually provide the best price for your gold because we don't need to charge you for brick and mortar buildings, infrastructure, etc. We usually have lower operating costs than other retailers, so we will only mark up a small percentage of the value. That is why we provide the most competitive pricing for your gold ornaments.
How does online gold exchange actually work?
The process is quite simple, making it one of the advantages of selling gold online. All you need is to search professional, reputed online gold traders like sellyourjewelery.com.sg and contact them. You can contact our team for a 100% free appraisal by just filling the form below the page. Some would have a gold calculator to get to know the possible value of your gold and then send the gold to them for a proper evaluation.
Benefits of selling gold online:
Best prices - As said before, we could naturally provide you the highest bid for your gold, increasing your profit.
Easy process - Once you have booked a free consultation with us by filling the form (at the end of the page), we will evaluate your jewels 100% free of cost. We will bid the highest price possible and then pay you once the deal is finalized.
Fast payment - There is a popular misconception that spot cash is possible only through pawnbrokers or jewel retailers, but it is not so. It is also available on our end. We either pay in cash directly, or we provide immediate payments through online transactions.
Some Pro Tips for selling gold...
Always be aware of the time you sell the gold. Ensure that the spot price is at the maximum—generally, the prices of the gold peak when the economy is weak, and the stock's price is decreasing. Try to analyze the above factors before selling.
Never be shy about negotiating with the buyer. Even in online selling, you mustn't miss the chance of having a friendly negotiation. After all, it is your hard-earned money, and you have the right to ask for a fair bid.
If you could afford to wait until the spot price increases, don't hesitate.
The true potential of your gold lies in the right timing of its sales. So consider all the above points mentioned before selling your unused possessions into valuable ones. While it is always best to go online for selling gold, if you do consider other means, keep the guidelines mentioned above and achieve profits. For any further clarification feel free to contact us at sellyourjewelery.com.sg or simply scroll below to post your inquiry.
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How to Sell Old Jewelry Online in 2021
October 22, 2020
Over recent years, billions of people bought jewelry worth millions online every day. So, the trend of selling old jewelry online is interesting to observe. Selling jewelry online is a massive marketplace, and the demand for selling and buying jewelry never ends. However, selling your jewelry online is not a light-minded business, as many think. It is a process, and as such, it has many levels and aspects that need to be taken in mind. This article explains the detailed report of the best tips for how to sell jewelry online and the best ideas and warns of the mistakes you can make in selling your jewelry online.
So if you are looking to sell your jewels properly and get the best value for your sale, here's what you need to take in mind:
Let's start with the big question first: Is selling jewelry online an excellent idea or not?
The answer is: It depends. Many people are buying jewelry online these days so that might be considered as an advantage. Also, many online platforms allow you to sell old jewelry, sell it at online held auctions, or even allow you to have an online shop to sell it to the buyers. So the selection is pretty fair. But the variety of different platforms and different ways of selling online can play as a disadvantage too. If you are uncomfortable with online selling, don't have much experience with it, and don't know how to handle the bids, the quotes, and the different characteristics of buyers that you will encounter - then selling online might not be the best solution for you.
Some of the tips for Selling jewelry online: A guide to it
So if you have decided that you are fit for the task, here's what you need to do.
Before you begin to sell your jewelry online, it is better to follow these tips to close the best deal with the best value you can get:
It is better not to act on impulse and keep emotions checked.
While getting prepared to sell jewelry the foremost thing to do is check yourself. Do you have any emotions attached to the jewelry while selling it? This idea should not prevent you from selling it when you need cash for emergencies. To overcome this factor, one has to sell the jewelry they are not going to use anymore.
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You have to get a proper appraisal of the jewelry
If you have any old or antique jewelry, get it evaluated before selling it to a purchaser, so you make sure that he pays the correct value. Diamond jewelry and antique jewelry are valuable, and selling them gives returns.
Know the value of the jewelry
For example, gold jewelry in Singapore is not from pure gold. It is from 14-carat or 18-carat gold, so when you sell it, you will get as per the quality of the gold. Facts like this one is a must-know before going on with a sale, to make the right deal and not get tricked. You have to know your piece of jewelry from head-to-toe, what it's worth, how much it weighs, what it is made of, etc.
Find a reputed and trusted buyer
The buyer should be associated with some reputed association and follow ethical values and standards. The buyer should have rules and regulations in place to check for the quality of the jewelry. You will get an idea about the buyer from the customers reviews.
Try going around
Check the quotes of many buyers and then settle for the best. This way, you will know the worth of your jewelry, more or less. We also recommend going to jewelry stores that sell your jewelry or one similar to it, in order to formulate a close estimation of the true value of the jewelry.
Compile the certificates
The certificates your jewel has proves that your item is genuine and real. So try to compile those certificates (like GIA) and documents related to that jewel. This may add value to your possession.
Be honest and real
In order to get the full value of your item, maintain a true and honest attitude. Stick to the true value of the item you're selling and don't lie about it's worth. Honesty leads to honesty on the other side.
Now comes the question of where to sell your jewelry:
First of all, you can always go to an online marketplace platform and place your sale there, like eBay or Facebook Marketplace. These platforms might be very popular nowadays, but their deficiency is that they are not focused on selling valuable items. So if your item isn't valued at such a high price, they can be considered as a good option. But in most cases, the value for old gold or diamond jewelry will be high, and in these marketplaces, you'll find it difficult to sell high valued jewelry.
So you can see that selling your jewelry online is a process that involves some anxiety because there are so many things that need to be considered in advance before making a sale. But this process doesn't have to be so complicated. It should be smooth and worry-free. So what can be your best solution?
Sellyourjewelry.com.sg is an online platform that allows you to contact reliable and professional buyers who can give you a full evaluation of your item and an honest quote. Our process of selling jewelry online is meant to be easy. It will give you peace of mind and remove your unwanted fears of having to sell your jewelry on your own. We invite you to schedule an appointment with our experts, who will happily assist you in getting to know your piece of jewelry's real value. This way, you will not have to deal with all the complications that can occur in an independent sale, and they will do all the hard work for you - at no extra cost and without obligation.
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