Whether you’re looking for that perfect piece or selling jewelry you no longer want, make sure you get the best deal. If you’ve never sold jewelry before or you want to ensure the price is fair, there are a few considerations to make before sealing the deal. Here are a few tips to help you feel confident in your transaction.

What to Consider When Buying & Selling Jewelry

1. Know What It’s Worth

If you’re looking to buy a particular piece, do some preliminary research rather than purchasing it from the first place you find it. Many factors can affect the price of a piece of jewelry, from the current price of gold to the name attached to the label. Make a note of your values to avoid unnecessary extra costs.

Knowing what a piece is worth is just as important when it comes to selling jewelry. Get an appraisal from a reputable jeweler before selling to make sure you get what the piece is worth. 

2. Refrain From Impulsive Decisions

Shop around before buying a piece to make sure you get the best deal. Being impulsive can be detrimental in selling as well. Not only do you risk selling a piece for less than it’s worth, but you might also regret hastily selling something that you still cherish. Some pieces of jewelry have an emotional value attached to them that’s higher than the monetary one, so make sure you are ready to part with your item before the transaction. 

3. Look for a Reputable Buyer or Seller

In addition to researching the piece you’re buying or selling, you should research the place that you plan to do business. Make sure the establishment you’re considering has a license to buy or sell gold in your state. You should also check their Better Business Bureau rating. Are they an established business? How are their reviews? A little research goes a long way to help you make an informed decision on your jewelry needs. 

If you’re looking for an experienced and reputable jewelry dealer, check out Coins & Stuff in High Point, NC. Since 1980, they’ve been buying and selling jewelry at fair and reasonable prices as well as coins, guns, and gold and silver bars. Their commitment to honest service has earned them a perfect, zero complaint rating with the Better Business Bureau. If you find the perfect piece but can’t purchase it right away, they offer interest-free layaway for up to five years. Visit their website to learn more about their services or call them today at (336) 885-5323.