The Do’s and Don’ts of Selling Jewelry

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The Do’s and Don’ts of Selling Jewelry

During an estate sale, selling jewelry is often viewed as the quickest and easiest way to raise capital by parting with some small bauble. This is only partially true; there are some traps and pitfalls people find themselves in while wrapped in grief at the loss of family, friends, or even a business. Here are a few Do’s and Do not’s while looking to part with valuables in the Orlando area.

Don’t Go to a Pawn Shop

So you’ve found yourself in possession of some heirlooms, and rings and think to yourself: you need cash now. It is no secret that Orlando and the greater state of Florida is host to more pawn shops per capita than most states (making the top 10 list). Don’t make the mistake of selling jewelry there— pawn shops are predatory shacks that prey on the poor and the uninformed. Pawn shops will take your precious valuables, but only give you a third of their value, if you are lucky, so they can flip it themselves for a quick buck. Don’t sell yourself or your loved one’s possessions short and go with a reputable business instead.

Don’t Skip on an Appraiser

In the modern age, it may seem all the knowledge of the world is at your fingertips. So after the unfortunate has happened and you find yourself in possession of precious gems, it may be tempting to google their value. This is problematic for two reasons; one is that, unless you have a background in art or antiques, you may look up information on the wrong piece. This will result in an inaccurate price which may garner you no buyers or worse, selling jewelry for less than its value. The other reason is pedigree. Even in 2016, there is an aura of prestige and power that comes from having a trained professional dictate the truth. Have a trained Orlando appraiser give you an accurate estimate, so you go to auction with all the details, and can make the right choice.

Do Go with an Estate Auction Company

Whether you’ve tried online bidding for selling jewelry, or are looking at wholesale, it’s time you consider going with the pros. Whether you’re in Orlando or elsewhere, an estate auction company is a way to go to ensure you get the most from your goods, as they can leverage the following benefits:

  • You don’t have to hunt for people; they will travel a great distance to attend auctions
  • Typically, items sell for more since others are competing for your goods
  • You have the option of setting a reserve price if a particular piece is special to you
  • They handle everything, which means less stress for you!

Orlando Estate Auction: Your Champions in Selling Jewelry

Parting with your decorative items, gems, and precious goods can be difficult, but with the help of experienced appraisers and auctioneers, you can turn that blue into green by selling jewelry. Call Orlando Estate Auction today at 407-290-1000 to schedule an appraisal.