Jewelry Articles

Sell Inherited Jewelry in 4 Simple Steps

February 1, 2016 - Jewelry Articles
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Selling inherited jewelry can be an overwhelming and complicated process. Not only will you need to work through any lingering emotions attached to the piece and the person who left it to you, but you will need to figure out how selling procedures work and where to start. We regularly deal with customers in this position and want to offer some assistance for those looking to sell inherited jewelry to make the process less daunting. As a result, we have put together this simple guide for selling inherited jewelry online.

 

Sell inherited jewelry in 4 steps

  1. Gather information on your jewelry
  2. Research jewelry buyers
  3. Get a price quote
  4. Selling process

 

1. Gather information on your inherited jewelry

The first step is to establish exactly what you have. It helps to have paperwork for your jewelry to determine the authenticity of the piece and its characteristics. If you do, you can begin the process of searching for a reputable buyer. The difficulty, however, with the majority of inherited jewelry is that this will not be the case.

If you cannot find any paperwork, there is a simple solution. We suggest consulting a local jeweler who will be able to verbally appraise your items. Some of the key questions to be asked include:

  • The condition of the jewelry
  • What metal the jewelry is made of (gold/silver/platinum etc.)
  • The weight of the metal
  • What stones are in the jewelry
  • The carat weight of the stones
  • Clarity, color and cut of the stones
  • Is it a designer or branded piece?

 

2. Research jewelry buyers

Once you have found out as much information as you can on the item, we recommend researching diamond and jewelry buyers. Look for established and reputable companies accredited by the Better Business Bureau. Be sure to also check out their online reviews and the entire process.

There are significant drawbacks with many traditional jewelry buyers:

  • Pawnbrokers lack the necessary expertise to make competent offers. Added to that is low-end experience of valuables selling in a pawnshop.
  • Jewelers offer consignment services but these are lengthy procedures. There are fees involved and no guarantee of a sale.
  • Listing your items to sell on eBay or an equivalent auction sit also presents its own set of problems.

WP Diamonds was created in 2012 in response to the lack of adequate high-end jewelry selling options. We fundamentally believe that selling valuable jewelry and watches should be a fast, professional, discreet and transparent process. Our team of experts are on hand to answer any questions you may have and provide price quotes. Our global scale, industry connections and expertise allow us to provide strong prices. With the option to sell online or in person, we buy your jewelry directly, cutting out the middle man so that the entire process can take as little as 24 hours. The bottom line is that selling inherited jewelry to specialized diamond and jewelry buyers is the fastest way to get paid a competitive price.

 

3. Get a price quote

An important step in selling inherited jewelry is getting a realistic price quote. Some buyers will provide misleading wide price quotes to entice you to send you their items. At WP Diamonds, we don’t believe in high pressure sales tactics, dishonest price quotes or setting unrealistic expectations. We believe in the importance of providing transparent pricing and thorough explanations as to how we established a price. To receive your free quote, simply click the button below and fill out our online form.

4. Selling Process

Sell inherited jewelry online with our free shipping and insurance or in person in New York, the UK or Hong Kong. Our process is simple, safe and can take as little as 24 hours. With no fees or commissions deducted, honest price quotes and a professional service, we are proud of our hundreds of customer reviews and A+ BBB rating.

  • Fill out our online form
  • We will be in touch with an initial price quote
  • Choose an in person appointment or request a free of charge and fully insured shipping label to send your jewelry in to our valuation headquarter
  • Get a final price and get paid by wire or check.

Our free service is commitment free, there is no obligation to sell.  You always have the option to request that your jewelry be returned to you free of charge should you choose not to accept our offer.

Author
Bio: Written by one of our diamond, designer jewelry or luxury watch experts. With over 150 years of combined experience, our experts are able to comment on trends, share industry knowledge and provide diamond, designer jewelry and luxury watch education.

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