I Have Some Expensive Jewelery Which I Will Never Wear – How Can I Get a Decent Price For It


So, you have some valuable jewellery which you are never going to wear, and it was either a gift which you never really liked, or an heirloom which has sat at the top of your closet since as far back as you can remember and just feel like selling. Or is it the case that you are in need of a little extra cash to take a holiday somewhere or put down as a deposit on the new automobile?

Whatever the case, you wish to sell the jewelery and use the money, instead of it sat staring at you and doing nothing at the top of your closet, right? So, what to do? Well, first things first! You will have to inspect the jewellery before trying to sell it, just like you would when buying something. After all, if you’re wishing to sell jewelry in NYC, it will have to be worth selling and in good condition, right?

 What to Look For?

Is it damaged? And signs of wear and tear? Not really sure? Well, no problem. Put together everything that you are no longer interested in holding on to such as:

  • Gems
  • Any jewellery made from a precious metal such as silver, gold or platinum.
  • Any of the above, even single earrings if you’ve lost one.
  • Take a look at the hallmarks and try weighing the jewellery and this will help you to figure out how much your items may be worth, based on current gold or silver prices.
  • You can also go out and get a valuation from a reputable jewelers store to give you a good idea of what your gold is worth and who even be interested in buying it.
  • If you send your jewellery to a cash-for-jewelery company, make sure you get an evaluation first. If you believe it’s not a good deal, you can ask them for a better price or to return your valuables.
  • Don’t forget to look at the value of the entire item, not just the gold.
  • Gold and silver buyers are normally only interested in the value of the metal which makes up gold or silver items, instead of any precious stones in them or the value of the craftsmanship.

The same goes for any high-fashion or branded jewellery and it might be worth more if kept whole, than if you sell it on for melting.

Find a Reputable Buyer

A renowned buyer will have an established business in the city. And be very careful with any of those companies where you ship your valuables or if they telephone you directly. Nowadays, these kind of scams are appearing much more often, so be sure to check any company’s credentials to see if they are indeed trustworthy.

Any professional buying company will check and test your jewelry items for free. Good luck and let’s hope that you get a good deal.