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Mistakes to Avoid When Selling Jewelry

December 24, 2017


Selling jewelry is a fast and easy way to make money. If you’re asking, “where are the best places to sell jewelry for cash near me in Somerville, NJ?” then you may think you’re ready to sell. But, it’s important to stop and think before handing over your jewelry. If you want to get the biggest bang for your buck, read on for some mistakes to avoid when selling jewelry.


1. Not Consulting a Professional Jewelry Buyer


There are many places to sell jewelry, and many people will simply head for the closest jewelry store when they wonder where to sell jewelry for cash in Somerville, NJ. Jewelry stores are looking to make as much money as they can when they resell your jewelry, which means that they offer low prices. The price offered may be the retail replacement price and not the true cash value of your jewelry. To get the best offer, work with a professional jewelry and diamond buyer who knows the market and can accurately determine the value of your jewelry.


2. Not Knowing the Value of Your Jewelry


You absolutely must have an idea of the value of your jewelry before selling. This will help you evaluate offers and reject any that you know are too low. Otherwise, you could end up getting a fraction of what you should have. Collect all documents related to your jewelry and make an appointment with a professional jewelry appraiser. Also, note anything that makes your item unique, including the designer, diamond cut, carat size, and era.


3. Selling Jewelry Quickly or under Pressure


You may think, “I am ready to sell my jewelry for cash” in Somerville, NJ, but this doesn't mean that you should sell to the first buyer. Research professional buyers and make appointments to have your jewelry evaluated. Compare offers and never sell jewelry if a buyer is pressuring you. A professional buyer will not pressure you, and will have the training and knowledge guide you through the process.


4. Selling Your Jewelry Online


This may seem like a great idea at first since selling online is often convenient and fast. However, this method is highly risky. Buyers can only read descriptions and see pictures, which makes it difficult to evaluate the value of your jewelry. Avoid websites like Ebay and Craigslist if you want to get the best price for your jewelry. It's best to consider, “where are places to sell jewelry for cash near me in Somerville, NJ?” rather than going straight to the internet.

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