The value on an insurance appraisal doesn t apply at all to what your jewelry would be worth in the resale market.
What is my jewelry worth.
How much is 14k gold worth at today s price.
So hearing something along the lines of it will only be worth 30 to 50 of the purchase price you must be left unshaken.
Of course this is dependent on how the jewelry has been looked after.
There are many different methods for calculating depreciation although most used for jewelry are fairly standard.
Sell buy diamond jewelry and watches.
This diamond calculator is an easy to use online tool that will provide you with an estimate of how much your diamonds are worth based on the daily diamond price.
Jewelry insurance appraisals don t have anything to do with the worth of the jewelry item only its replacement cost.
Fully insured trusted bbb a accreditation.
The purpose of a jewelry insurance appraisal is to detail what it would cost to replace a jewelry item if it is lost stolen or damaged.
Antique jewelry is over a century old.
Digital gram scales are very inexpensive and common at retail stores.
Most typical kitchen scales measure in grams.
When jewelry is resold it is generally sold as used jewelry in the wholesale market not new jewelry in the retail market.
If you ve ever picked up a piece of jewelry off the ground or scored an incredible looking gem at a garage sale you probably know that feeling of excitement wondering whether or not your sparkly jewel is worth anything.
If your scrap gold is not stamped with a karat number you may want a gold testing kit to confirm purity see below.
You can find out more about how to test your gold here.
There are a few things you can check for before you fork over money and bring your buried treasure to a jewelry appraiser.
While its age may increase its value due to scarcity and demand the reality is that its condition may have deteriorated.
18 karat 14 karat and 10 karat are common for gold jewelry.
Please enter the weight and number of karats of your gold into the precious metal calculator and select the currency you want it valued in.
This applies no matter how you resell your jewelry.
What is my antique jewelry worth.
8k 9k 10k 14k 18k 21k 22k 23k and 24k are all used in different parts of the world.
All you have to do is enter in the attributes of your diamonds and you ll be able to get an estimate of how much your stones are worth.
Featured in nyt forbes cbs as the go to online auction marketplace.
Remember to take into account the true value of your jewelry at the time of purchase and discriminate between high end jewelry and watches costume jewelry and antique or otherwise non standard pieces.
Two items to help value your scrap gold jewelry.