Jewelry

We determine the value of your jewelry based on its:

  • Essential Value
  • Condition
  • Rarity

Essential value

The essential value of most jewelry is its value if you reduce it to its basic elements and consider the purity, quantity, and rarity of those elements, notably the gemstones and precious metals. For example, an ounce of 14-karat gold is worth an ounce of 14-karat gold. That essential value informs our starting point, which is built on by considering the remaining criteria.

Condition

Any significant damage to a piece of jewelry can devalue it. However, all jewelry must undergo wear and tear, especially antique and estate pieces. Antiques may lose some value depending on whether they have been repaired, restored, or altered and the quality of work done to them. It all depends on the piece, but the condition is a factor we must consider when evaluating jewelry.

When a piece has gemstones, high-quality rubies, emeralds, and sapphires (the big three) are more likely to command a higher price than amethyst or other semi-precious stones. However, the quality of these stones varies greatly, so we take all factors into consideration when buying a piece.

When gold prices are high, and we buy a lot of jewelry, the market gets saturated with gemstones. Sometimes, we will offer to remove a stone and return it to the customer rather than offering them little or no money for it.

Rarity

The rarity of a piece doesn’t necessarily guarantee an increase in value, but many forms of “rare” can add value. Some factors contributing to a piece’s rarity include whether it is a one-of-a-kind or limited edition by a famous jewelry designer, an antique or vintage piece, a signed item, or a piece created with exceptional style.

Certain certifications of authenticity or other documentation (e.g., a G.I.A. Diamond certificate) can increase the jewelry’s value. The original packaging on some pieces can add to the value, so if you buy a special piece of jewelry, it pays to take care of the wrappings as well. Examples of this are Rolex boxes and paperwork or Tiffany and Company. 

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