Each method of selling estate jewelry has its strengths and weaknesses. In addition to the price you get for the Angel Alchemy Jewelry, the time you spend selling it also matters. What is your time and energy worth? I’ve known people who drove around town for two days just to make an extra $20. Don’t overestimate the ease of the transaction. Not all people decide to make a purchase and pay cash right away. Some people need two or three visits before they decide to make a purchase.
There could also be some dependence on shipping the jewelry across the country, or even a payment plan could be the only way a person could afford your jewelry. The balance between the dollar paid and the payment method can be very tricky.
This list of ways to sell estate jewelry is not exhaustive. Your personal creativity may show you the best way to sell your jewelry, or one of the more traditional methods may prove to be very good. Examine your options and weigh the pros and cons to find the best way to sell your estate jewelry.
Auctions are the most prestigious way to sell estate jewelry. Disposing of jewelry through a major auction house has an air of sophistication. The nationally known auction houses such as Christie’s, Sotheby’s and the like have high set-up costs and standards. High-quality jewelry is best suited for these auctions.
There are many regional and local auction houses that sell mid-priced estate jewelry. Auctions can be very risky since the final price is unknown, but the risk can bring a very good sale price. The key to selling your estate jewelry at auction is finding the right house for your particular jewelry, knowing the best time to sell, and getting lucky.
Online auctions offer many benefits and some risks. Online auctions such as e-bay are auctions conducted over the Internet and reach a worldwide audience. The cost of selling an item is low if the item sells. The sale is not guaranteed. Choosing the right online auction is an important decision. At the big auctions, there are lots of bids and sales, but it’s easy to get lost in all the hustle and bustle.
Choosing the best category is another challenge. If you choose a smaller online auction house, many potential buyers won’t find your listing. It’s best to research how your particular type of jewelry sells. Email other sellers to find out if they got the price they wanted and how the sale went for them.
The hardest part about online auctions is the actual transaction. Who will trust whom first. Usually, the buyer transfers the money, then the seller sends the item. The seller must also give the buyer a period of time to return the item for a full refund. The transaction can be problematic or smooth. I wish for all of your experiences to go smoothly, but the transaction problems I track seem to range from 20% to 35% of attempts.
Jewelry brokers provide a professional, fee-based service. Think of a jewelry broker as a hired professional working for you in a very demanding market like jewelry. Make sure he is loyal only to you. Most jewelry brokers have in-depth training in gemstones and jewelry. Jewelry brokers charge a percentage between 10% and 50% depending on the type of service provided. Brokers can help broker a piece to a reputable auction house or find a local dealer willing to pay a high price quickly. Some jewelry brokers also act as dealers, buying the right to an immediate transaction. Jewelry brokers are usually found in larger cities and offer jewelry and diamond locator services.
Pawn shops and secondhand dealers are another option for buying and selling. Most operate on the basis of a cash valuation of the jewelry. The cash value of most estate jewelry is a percentage of the actual value. The key to understanding these buying terms is the percentage. Some dealers will pay as much as 90% of the intrinsic value, others as little as 33%. The only way to find the best price is to buy the jewelry from multiple dealers.
The more information: The Best Female Lawyers Work Bags