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How To Get The Best Price When You Sell Jewellery
If you have old gold rings, necklaces, brooches, or bracelets, you may be thinking of selling these items to dealers who will buy them. But will they give you top dollar? You will need to do your research and check around before you sell jewellery to a dealer however, as there are some unsavory characters out there.
To sell jewellery for the best prices you may need to first have the item appraised for its current value. If the value is far below the price you expected to get, you may want to reconsider selling this item and have this piece redesigned. In the market you will get approximately 1/3, more likely ¼ of the original value of the piece. If you have some jewellery that is classified as an antique you may get a far better price for it when you sell jewellery of this type.
Ebay is often thought of as the engine for buying and selling items and reaping huge rewards but, be careful if you are thinking of this method to sell jewellery. You may not get the price you are asking for your item and you need to meet a certain reserve if you set a price and it does not sell.
Gold is at an all time high right ...
... now and market conditions are great for selling your old gold jewellery. You will get the price in the weight of the gold you sell and not the actual cash value at the time of purchase. But you may be able to get a fair amount if you have a lot of old gold jewellery lying around that is collecting dust.
Before you think of selling your jewellery, talk to some professionals in the market to get a feel for how the process goes. Make sure that you know the current prices of gold on the market so you will be able to negotiate a selling price if you are made an offer.
Buying and selling jewellery seems like a simple task but there is a lot of thought and negotiations that go along with it. Being a good negotiator will help you if you take your jewellery to an auction site and have it bid on by dealers. Talk to some of the dealers there and if your items has been appraised have your certificate of appraisal with you as proof of the actual value of the item you are trying to sell.
If you have some sentimental items obviously you will want to keep those, but old jewellery that is broken or otherwise unable to be repaired is obviously only good for the weight of the gold. If you have a lot of these pieces you could stand to make quite a nice little profit.
J Thomas gives information about sell jewellery and other precious metal jewelry prices. For more information on sell jewellery;please visit www.mygoldenvelope.com.
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