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If you recently inherited jewelry from a relative’s estate, you may be wondering how much it’s truly worth. Determining the value of objects can be tricky. The shiniest, most ornate items may net you just a few dollars, while simpler pieces may receive a much higher appraisal. Here are some tips for estimating the preciousness of estate jewelry.

3 Ways to Assess the Value of Estate Jewelry

1. Check for Hallmarks

A hallmark on a piece of jewelry will typically tell you its metal contents and manufacturer. You can often find these markings on the inside of a bracelet or ring, clasp of a necklace, or the post of an earring. Common hallmarks for platinum jewelry include PLATINUM, PLAT, or 950 – a reference to the percentage of platinum the object contains. Gold will often bear a mark indicating its karats or its metal percentage. Sterling silver is generally labeled with STERLING, STER, or 925. While these markers are helpful for identifying a piece and categorizing its purity and authenticity, keep in mind that these markings can wear away if the jewelry is in poor condition. They can also be faked. 

2. Consider the Material

estate jewelryWhen inspecting your estate jewelry, be aware that certain materials are more prized than others. Diamonds, high-karat gold, and platinum are expensive given their beauty, rarity, or exceptional durability. Rhinestones, brass, and gold-plated objects – those that contain a small amount of gold surface over a cheaper base metal like copper – will fetch lower prices. 

3. Weigh the Jewelry

The heft of a piece of jewelry can also help you determine its value. For instance, gold and silver are usually far heavier than brass and pewter. If your new gold chain feels lighter than another gold chain you have, the newer piece is probably made out of an imitation metal or cheaper alloy and isn’t worth much.

 

If you’re thinking about selling estate jewelry, turn to the professionals at Smith Jewelry & Coins in St. Charles, MO. The jewelry store has served the community for more than 50 years with impressive collections of engagement rings, earrings, watches, and pendants. They also appraise and buy jewelry at fair prices. For more information about their services, call (636) 441-6789 or visit their website.

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