Getting the best price when selling your jewelry can be tricky. There are lots of different venues to sell jewelry, not all of them are good. The best way to really sell your jewelry is on the internet through a trusted and reliable buyer, because you will get a higher price than if you were to sell it through a neighborhood jewelry store or pawn shop.
One of the best ways to get the best price when selling jewelry is to advertise your items with a website. A jewelry website will allow you to post pictures of your fine jewelry and let potential buyers know all about your products. It is important that your website be user friendly. You will need to tell your potential buyers how to make a purchase, where to place an order, and what methods of payment you prefer. Make sure that you clearly state what your policies are regarding returns and exchanges. If you have any questions or concerns, be sure that you address these before starting to list your items.
Another way to increase the value of your fine silver jewelry is to go to a professional jeweler near you. Many professional jewelers will allow you to use their equipment and have your jewelry appraised so that they can offer you a fair market price for it. This can significantly reduce the stress of trying to sell your items, because you will know that you are getting the best price for it. Going to a professional jeweler near you also gives you an opportunity to try out different settings on your jewelry pieces to determine what works best for your taste and budget.
You can also set your prices for gold and silver at times when they do not usually change much. For example, when the dollar is strong, as it has been lately, you can sell your items for more than they may be on other days. Similarly, when there is a big sales event taking place within a month or so, such as the Christmas season, you might be able to charge more for your gold and silver jewelry than normal. A great time to increase the value of your jewelry is when they are on sale. Many jewelers like to take advantage of the sales around this time of year, because they want to get rid of old stock that will not be making much money.
Be very honest with your jeweler about the quality and type of diamonds or other precious stones that are in your diamonds or watches. Honesty is the best policy when you are selling jewelry. You do not want to lie about the quality or value of your jewelry, because if discovered by the buyer after the sale, it can destroy the reputation that you have built up for your honesty. Watch for sales on fine diamond jewelry or watches, as many people love to buy high-priced items. Watch for jewelry sales in specialty stores, at flea markets and at garage sales where there are many other people looking to purchase fine jewelry and watches.
Be patient and ask several different online jewelry buyer what their recommendations are for the best price. The last thing you want to do is get ripped off by paying too much for designer jewelry or watches. When you go to different websites to compare prices, you should be aware of some common pitfalls of online shopping. You need to compare the shipping costs involved in going from one website to another, as well as any extra fees for special discounts, warranties or guarantees, return policies, customer service, and whether or not there are any taxes due at the time of the purchase.
There are many things to consider when you are selling your jewelry, such as determining the worth of a particular ring or necklace. Often times, selling to an online jewelry buyer will cost more than selling to a local jeweler, since the overhead that a jeweler incurs when he opens up shop to the public is passed on to the buyer. Consider the fact that the internet market place is very crowded, with many other businesses vying for the same customers. This can be a good thing for you, since it means you won’t have to compete with too many sellers, thus keeping your prices fairly stable. Your online jewelry buyer will also be interested in your recommendations and may come back to buy again at a later date. If you do not receive any customer referrals, consider changing your business days to Sunday, Tuesday, Thursday or Friday, when it is typically less crowded.
While it is possible to do business with low-cost wholesalers, doing so may come with consequences including inferior quality merchandise and shoddy workmanship. As such, it is best to find reputable online jewelry buyers who are willing to provide high quality products at a fair price, and can be relied upon to deliver on schedule. Reputable jewelry buyers understand the importance of providing prompt and reliable service and make every effort to respond to your concerns in a timely manner. At the same time, these buyers will require you to pay a higher amount of down payment, since they have greater investment and risk in your merchandise.