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a kennedy

(35,350 posts)

11. Hey, welcome to DU, and jewels like gold, although not as volatile, do vary with time.......

Reply to Not Heidi (Original post)

Sun Oct 3, 2021, 06:03 PM

Oct 2021

when my husband and I got married in 1980, gold was 800.00 an ounce……..now gold is $1700.00 an ounce….. and not real sure how gems are doing.

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Jewelry Rip-Off. Got any advice? [View all] Not Heidi Oct 2021 OP

What's the basis of your claim? Is it that the jewelry was falsely advertised? PoliticAverse Oct 2021 #1

My guy said Not Heidi Oct 2021 #12

Remember when you are selling to a retailer, they have to get a profit when they sell csziggy Oct 2021 #30

Unfortunately, jewelers will not pay much. If you have paper work on them, I'd sell them on eBay PortTack Oct 2021 #2

Question. Not Heidi Oct 2021 #14

I believe so. Also any markings in the metal is very helpful PortTack Oct 2021 #29

get a second appraisal lapfog_1 Oct 2021 #3

Not much you can do seta1950 Oct 2021 #4

Does the fact that they've never been worn mean anything? Not Heidi Oct 2021 #15

jewery prices go up and down all the time unless they cheated unlawfully good luck nt msongs Oct 2021 #5

Don't get your hopes up. Jewelry, like a car, loses value the minute you walk out of the store. Shrike47 Oct 2021 #6

More than $1,000. Helluva profit. Not Heidi Oct 2021 #16

A merchant/seller can charge what they want left-of-center2012 Oct 2021 #7

Thanks. Not Heidi Oct 2021 #17

Jewelry's value is whatever someone is willing to pay for it. Six years ago pnwest Oct 2021 #8

So, the seller made a 60% profit left-of-center2012 Oct 2021 #9

When you buy things, you usually can't sell them later for what you paid for them. LisaL Oct 2021 #10

Hey, welcome to DU, and jewels like gold, although not as volatile, do vary with time....... a kennedy Oct 2021 #11

no recourse, precious metals and jewels fluctuate on price Shellback Squid Oct 2021 #13

Thanks to everyone. Not Heidi Oct 2021 #18

"Let's see what happens on eBay" left-of-center2012 Oct 2021 #19

Holy crap - you're right! Then -- Not Heidi Oct 2021 #21

Holy crap left-of-center2012 Oct 2021 #23

If you're trying to sell them to the jewler, 40% is about right. He has to mark them up and ... marble falls Oct 2021 #20

Nice goes a long way, that's true. n/t Not Heidi Oct 2021 #22

What you have going for you is that jewelry and gold will never be worth nothing. I think the ... marble falls Oct 2021 #24

A couple years ago a friend of mine got a divorce. blueinredohio Oct 2021 #25

I sold a gold and diamond men's ring once left-of-center2012 Oct 2021 #26

Diamonds are not that valuable on the resell market. NT cinematicdiversions Oct 2021 #27

If you were trying to sell them to the jeweler who gave you the value, he's trying to get a good Vinca Oct 2021 #28

That's just retail markup TexasBushwhacker Oct 2021 #31

I've never been in the jewelry biz, but family has been in the high end of it... TreasonousBastard Oct 2021 #32

If the jewelry or jeweler is unique or has a collectable value - haele Oct 2021 #33