How To Get The Best Deal On Your Unwanted Jewelry

If you have a collection of nice jewelry that you don't wear anymore, you can sell it to make a nice profit. Learn how you can get the best deal for your unwanted jewelry, so you can have a nice amount of cash in your pocket.

Know the current value of your jewelry

Your jewelry is only worth as much as someone is willing to pay for it, but that doesn't mean you can't research your own jewels to see what their top dollar is. Learn the current value for your jewelry, which is based on many factors:

• the brand
• gold or silver content
• the type of gems
• age of the jewelry

Search online forums, contact local jewelers, and look up the companies that make the jewelry you have so you can see just what your unwanted items are worth. When you go to sell them, you'll know you're getting a good deal based on how close the buyer is coming to your top dollar amount that you've already researched.

Try to sell directly to the end consumer

You'll get the most money for your diamond, gold, and silver jewelry if you try to sell it to the buyer who will be using it rather than trying to resell it themselves. This is because many places that buy unwanted jewelry need to purchase these things at a bottom dollar rate in order to sell them to the end consumer for profit. List your items in social media outlets, in the paper, and at local auctions for the best chance of getting the most money out of your jewelry, since the buyers are most likely going to be the ones wanting the items for themselves and will be able to pay more for them.

Opt for store credit over money

If you are selling your jewelry to your local pawn shop or to diamond and jewelry buyers in your area, you may get more out of your sale if you opt for store credit over taking cash. This is because pawn shops and jewelry buyers make a great profit when they trade, and this type of transaction works out well for both parties. If you still want some cash in your pocket, do a sale of your jewels that is part cash, part store credit.

There are many ways you can make the most of your unwanted jewelry so you can enjoy a nice profit. Research the value of your items and know how to sell them to the buyer so you get the most money possible and feel confident that you've made a very fair sale.