There are instances where people have jewelry that they no longer wear. Perhaps the jewelry doesn’t fit and they don’t want to spend the money to have it re-sized. In other cases, the jewelry is broken. However, when it comes to cash value, especially if the jewelry is only as good as the materials it is made from, then a broken piece of jewelry may be just as valuable as it would be if it were working. In these situations, in order to turn this unwanted or broken jewelry into immediate cash, a person may consider working with jewelry buyers in Chicago.
Valuation of a Piece of Jewelry
The important thing to remember is that some jewelry is worth more than the materials that were used in its design and construction. This is an important thing to keep in mind, as this can greatly effect the amount of money a person is offered when selling a piece of unwanted jewelry. There are some items, such as earrings, necklaces, and bracelets, whose value is made up entirely of the gold, silver, platinum or precious stones that may exist in the piece of jewelry. In these cases, valuing the item and knowing when the jewelry buyer is offering a fair price as opposed to a low-ball offer is fairly simple.
When Jewelry is Worth More than its Materials
For designer pieces, the brand name or the designer’s name that is attached to a particular piece of jewelry can dramatically increase the value. In addition, a classic piece that dates back 50 years or older can also increase the price of the jewelry far beyond its precious metal or precious stone construction. Knowing this can help a person be sure they get quality offers from jewelry buyers in Chicago.
Many times, a seller understanding the worth piece of jewelry they are looking to sell is the most important part of getting as much money as possible when selling a piece of jewelry. If you would like to learn more about the selling process or you’re interested in having a particular piece of jewelry valued, you may want to Contact Clark Pawners and Jewelers for more information on the jewelry selling and buying process.