What You Need to Know Before Selling Your Jewelry

JewerySelling estate jewelry is a smart way to earn some extra money. After all, fashion trends have shifted in recent years. You may have plenty of old jewelry, but no genuine reason to wear it anymore.

 

That said, these pieces may also hold sentimental value. You want to make sure you’re getting the best price you can when parting with something this special.

 

If you’re thinking about selling diamonds, or any other estate jewelry, keep these tips in mind.

 

Gather Information

 

It’s easier to determine the correct value of a piece of jewelry when you have information about its origins. Before trying to sell a piece, gather any documentation and information you may have, including receipts, the original box, laboratory descriptions, and even family anecdotes about where the piece came from.

 

Clean It

 

The cleaner and more polished your jewelry is, the more valuable it will look. Although there are several methods you can use to clean it on your own, you may want to seek professional help if you’re worried about possibly damaging it.

 

Take Pictures

 

You may not be able to meet in person when first contacting professionals to get a basic assessment of your jewelry’s value. By taking several digital pictures, you can maintain a simple inventory, while also sending the pictures to experts via the Internet.

 

Get a Grading Report

 

Many different factors contribute to a diamond or gemstone’s value, but the four most important include cut, clarity, color, and carat. That’s why it’s important to get a grading report from a qualified professional. This helps you establish your jewelry’s value when meeting with potential buyers.

 

Research Trends

 

Certain types of jewelry may be considered more valuable than others due to current trends. For instance, a report from Bain & Company indicates that diamonds are currently in high demand. This trend is expected to continue through 2030. Familiarizing yourself with these trends is simply another way to confirm your jewelry’s true value.

 

Get Multiple Opinions

 

Don’t accept one appraiser’s opinion when learning how much your jewelry is worth. Having opinions from multiple experts helps you more confidently determine its value. A potential buyer may try to convince you the opinion of one appraiser is wrong. If multiple appraisers generally agree, they’ll have a harder time making that case.

 

Ask About Insurance

 

You may choose to leave your jewelry in the hands of a jeweler while trying to sell it. If you choose to do so, confirm they will insure the pieces first. This is simply their responsibility.

 

Be Honest With Yourself

 

Again, estate jewelry tends to have sentimental value. Don’t make the mistake of selling a piece without taking the time to honestly ask yourself if you’re willing to part with it. Earning money for old jewelry is only beneficial if you feel comfortable with your decision.

 

Most importantly, remember to coordinate with experts. You need proper qualifications and experience to accurately determine estate jewelry’s value. By working with professionals and keeping these tips in mind, you’ll be much more likely to get the best possible offers from buyers.

5 Tips to Avoid a Home Improvement Scam

home remodeling

With alarming regularity the media reports of home improvement scams occurring in one community after another. You undoubtedly have heard tales of people falling victim to different types of home improvement scams. Indeed, each and every day intelligent people become victims of home improvement scams. There are five key tips and tactics to bear in mind to assist you in falling prey to a home improvement scammer.

 

Do Due Diligence

The most crucial to bear in mind to avoid a home improvement scam is to do due diligence before you hire a contractor. Certainly, if someone comes to your door with some type of home improvement “deal” that seems to good to be true, never “sign up” on the spot. A deeper discussion of door-to-door home improvement solicitations follows shortly.

 

The breadth of due diligence that must occur before retaining the services of any home improvement contractor must include:

  • obtaining and contacting references

 

  • verification of licensing, insurance, and bonding

 

  • check with Better Business Bureau

 

A part of due diligence should also include obtaining references from family, friends, and colleagues who’ve engage the services of the type of home improvement contractor you now consider engaging. Odds are that you have people in your life who’ve retained the services of the type of home improvement contractor you currently may need.

 

Research the Ins and Outs of a Specific Home Improvement Project

Another important step that you need to take to protect yourself from a home improvement scam is to undertake research on the project you want to undertake. Although you may not have the skill set or desire to do a home improvement project yourself, by educating yourself on how a specific project is undertaken you put yourself in a better position of understanding if a prospective contractor is being aboveboard with you.

 

Beware of Door-to-Door Solicitations

As noted above, there are instances in which a so-called home improvement contractor seeks business by going door-to-door. Generally speaking, such a person or company should be avoided.

 

These types of solicitations are more common place in the aftermath of an event like a severe storm. Businesses holding themselves out as bona fide roof contractors may work your neighborhood seeking to be hired. While absolutely statements typically are best avoided, a fair statement is that a considerable percentage of people pounding the pavement in this manner may prove to not be the most reputable folks around. Indeed, this door-to-door tactic is adopted by a good many scammers, including in the aftermath of a major weather event.

 

Pay Close Attention to Payment Arrangements

Another signal that a prospective home improvement contractor may not be on the up-and-up is a situation in which full payment upfront is requested or required. Experienced, reliable, and reputable home improvement contractors typically do not employ this type of payment scheme.

 

A typical payment structure used by reputable home improvement contracts typically includes a deposit of between 25 and 33 percent. There are then agreed milestone payments along the way. A final payment is not tendered until you have the opportunity to fully inspect and accept the work undertaken by a contractor.

 

Check the Warranty

Another tip to bear in mind involves checking any proposed warranty. Scammers oftentimes entice targets with what seem to be amazing warranties for different types of home improvement projects. You absolutely must directly and independently verify such a purported warranty before engaging the services of a home improvement contractor.

 

By employing these tips and tactics you will best protect yourself against becoming the victim of some sort of home improvement scam. In addition, these suggestions not only will assist in preventing you from becoming victimized but will also ensure that you retain the services of the best possible home improvement contractor for your specific project.

 

 

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Jessica Kane is a professional blogger who writes for Scaffold Store, the favorite and trusted scaffold supplier of the largest contractors.