First, know what it’s worth.
don’t have to know the exact value of the jewelry you are buying, but
it’s a good idea to know what your pieces are generally worth. Next,
evaluate jewelry of similar quality and composition. Obviously, the
better condition the jewelry is in and its grade of gemstones precious
metals, the higher its value. If a valuable piece looks too worn, then
their still may be value in the stones and metal.
Understand how gold is valued.
purity of gold jewelry is indicated by its karat stamp. Most gold
jewelry, especially antique pieces, are 14-karat, which means they are
only about 58 percent gold. A 24-karat gold piece is pure gold and will
be worth approximately the current price of gold per ounce. If there is
no karat stamp on the gold piece, it is usually because it’s not real
gold. In some instances, the karat stamp may have worn off. A quick way
to test if a gold piece is real is to place it next to a magnet; if it
sticks, then it’s not real gold.
Just as you should know how gold
is valued, the same goes for precious gemstones. You’ll need official
certification to know exactly how much your gem is worth. If you don’t
have certification, research what type it is and its general popularity
and market value.
Has the piece been appraised?
sure you are buying from a reputable, established jeweler who has
appraised the piece you’re interested in accurately. Make sure the
appraiser is Gemological Institute of America (GIA) educated. The GIA is
the industry standard for gem and precious metal appraisals. A
GIA-educated appraiser should abide by the strictest industry ethics and
methods to ensure that a seller is given the fair market price for the
piece being sold.
Realize the market fluctuates.
price of gold and silver changes daily based on various factors,
including market demand, manufacturing supply, and the financial
markets. It’s important to understand that the price of the metals which
apply to the piece.
Enjoy your estate, vintage or antique jewelry!
importantly, if it is a piece for yourself, make sure it is something
you would enjoy wearing, or if it is for a friend or relative, if it is
their taste. Have you seen them wearing pieces like it? The most
valuable piece of jewelry is one that will be enjoyed.
If you’re in the market for estate, vintage or antique jewelry, make sure to visit Adina by Empire Jeweler’s remarkable online store.
You’ll find an exquisite selection of estate rings, earrings,
bracelets, watches pendants and more at true wholesale prices, all
appraised by Adina Jewelers by Empire’s GIA-educated appraisers.