What To Know About Selling Estate Jewelry
Posted on: 10 September 2021
When a loved one passes, you're left with the cherished memories you had with them. In most cases, you're also left with several belongings that require some decisions. The belongings that your loved one leaves behind make up their estate. Among these belongings, jewelry pieces often hold the highest value. If you're liquidating an estate, there are many estate jewelry buyers that can give you a good price for these belongings. Keep reading to learn more about how to sell your estate jewelry.
Why is selling estate sale jewelry a great idea?
After the passing of a loved one, you might have to use money from the estate liquidation to help cover burial or funeral expenses. Getting cash on hand is one of the greatest benefits of an estate sale, and jewelry tends to be among the biggest earners. You also have the assurance that the items that meant so much to your relative will go to a good place, rather than just taking up space in your home or ending up in the landfill.
What type of estate jewelry holds the greatest value?
Assess the collection of estate jewelry that you have to see which pieces are most likely to sell. Earrings tend to hold the best resale value, as 87% of people surveyed say they wear earrings regularly. Wedding bands and engagement rings also hold significant value. Consider the type of precious metal that the jewelry is made from, in addition to nuances such as jewelry styles from a bygone era, or pieces made by a certain respected jeweler.
Have you found estate jewelry buyers that can purchase your pieces?
Once you're ready to take offers for your estate jewelry, compile a list of reputable estate jewelry buyers that you can find. These professionals will need to take your jewelry piece to run an appraisal, and then they'll offer you a price they're willing to pay.
It helps to get your own independent appraisal so that you know how much the estate jewelry is worth. You can expect to pay $50-$150 for each jewelry piece when you get them professionally appraised. Getting your own information is crucial because it gives you more of a bearing to negotiate with the buyer.
Following these steps is worth it since your estate jewelry will find a good home. It also gives you a return on investment (ROI) that you'll appreciate. Use the tips above to get started. For more information, contact a business that works with estate jewelry.
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