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haele

(15,102 posts)
33. If the jewelry or jeweler is unique or has a collectable value -
Sun Oct 17, 2021, 08:06 PM
Oct 2021

Look at similar prices in eBay and price accordingly.
If it's just somewhat common mall store fine jewelry, price at insurance value (about 60% of what you paid), and price accordingly.

In 1989, I had to sell my Great-grandmother's six fine jewelry cocktail rings and a parure sets (necklace, earrings, and bracelet) at a consignment auction to help clear her estate: one smaller sapphires and diamonds ring was from a 1940's Hollywood designer and fetched more than the aquamarine and diamond parure set that looked as if it would be worth ten times the ring.

When I was long term between jobs, I also went through my childhood jewelry box of JC Penneys costume jewelry from grandparents and sold choice crystal, mabe pearl, and plated sterling pieces in almost pristine condition to collectors for a couple hundred dollars. Apparently some of those peices were from Grandma from her no-good cheating husband, so she gave them to me thinking I'd like a "princess" gift that she would never wear.

Jewelry has always been an odd business; if you want to get near your money back, you have to sell it yourself.

Haele

Recommendations

0 members have recommended this reply (displayed in chronological order):

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
Latest Discussions»The DU Lounge»Jewelry Rip-Off. Got any ...»Reply #33