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Old Jun 29th, 2009, 03:23 PM   #1
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Default Selling unwanted gold/diamond jewelery - any tips where to sell?
I have been having a lot of success turning around unwanted purses on ebay and bonanzle, and bags seem to retain a lot of value. However now I decided to get rid of some unwanted jewelery (fine)- but it does not seem that it has same success on ebay at all...
Where do you sell your unwanted jewelery? Any help or tips will be greatly appreciated!!
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Old Jun 29th, 2009, 07:18 PM   #2
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Hello,
That is an interesting question....

If you are selling on ebay.... you are best to firstly get an apprasal from a registered valuer. Then you can photograph the apprasal and put in your auction.

Also... you could try the classifieds.

BUT - stay away from pawnshops - they offer only 10% of the valuation! ABSOLUTELY CRAZY!
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Old Jun 29th, 2009, 07:35 PM   #3
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Yeah I know what you mean, I always get watchers on my jewelry items but no one ever shows actual interest by bidding or making an offer.
Sometimes you'll be able to take things into a trusted jewelry store, we have one near us where we go to turn in broken chains and items my mom or I no longer wear. They give a decent price, too.
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Old Jun 29th, 2009, 08:47 PM   #4
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Actually not all pawn shops are bad. Some will pay pretty reasonable prices.

Your best bet is to ask "what percentage of the current melt price are you paying?" Or ask them how much per gram they are paying. Now with that in mind remember that without enough gold to sell a contract for, you will not be able to get full melt on scrapped gold.
So you have to decide what you feel is fair for the other guy to make. The dealer will have to cover the assay costs (what the actual value of your gold is vs. what it is stamped), he has to hedge his bets that the market will not drastically go up or down in a day before he melts the items (keep in mind that a slight drop could be hundreds of dollars depending on the gold amount you have!), and he might have to do all your stone removal from your pieces if you don't do it yourself-- which could be significant labor.

Any dealer paying 70-80% is a REALLLLLLLLLY good price. I've paid 90-95% depending on the market and items offered. I hope that helps.
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Old Jun 29th, 2009, 08:55 PM   #5
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Try


http://www.outofyourlife.com/
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Old Jul 1st, 2009, 01:52 PM   #6
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www.diamondbistro.com
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