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TOP 3 REASONS FOR SELLING YOUR JEWELRY

TOP 3 REASONS FOR SELLING YOUR JEWELRY

BLOG COVER JUNE 2020

Why Sell your Diamonds and Gold Jewelry?

Every year more and more people decide to sell their jewelry, especially now that the ‘baby-boomers’ are aging.  Most fine jewelry stores are well equipped to buy back your used diamonds and gold jewelry.  The beauty of design and sentimental value, jewelry was originally bought as a form of insurance in case of less fortunate times.  Jewelry was an effective form of emergency currency as it would be easier to sell your diamonds or gold for cash, or even barter for services or use for bribes.  To get through a difficult season in life, countless people have pawned a watch or a ring or made a fast sale. Pretty much every modern town has always had a jeweler who buys secondhand jewelry.

These days there seems to be three main types of people who want to sell: divorcees, people who have just inherited jewelry and people who are going through financial difficulties.  Now is a good time to sell. While the timing may be right, selling your diamond can be a major headache. Unlike gold, which has a quantifiable melt value, resale prices for diamonds have no one objective measure, making it easy for inexperienced sellers to become confused and overwhelmed.

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Divorced Women Sell their Rings and Jewelry

Selling your engagement and wedding rings, and often other jewelry, can help divorced women move on emotionally.  This can usually help them make a clean break from the past without reminders hanging around and can give them a quick boost if they sell to local jewelry stores that pay cash for gold and diamonds.  A few thousand dollars can come in handy when you’re adjusting to the single lifestyle once again. 

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Selling Inherited Jewelry – The Recently Bereaved

There are some people who chose to sell jewelry that they have inherited.  This may feel unthankful, but many people just don’t know what to do with jewelry that they won’t wear, not to mention having to decide on the added expense to insure it and a decide on a place to store the heirlooms.  Also, having sentimental reasons to keep jewelry is often not a practical option for some.  It is sometimes better to sell inherited jewelry for cash and then use the money for things you feel your past relatives might approve of.  Most grandparents would be happy to know that their jewelry is contributing to a grandchild’s education for example. Inherited jewelry is a family asset that can benefit everyone.

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Financial Crisis Can Force You to Sell Your Jewelry

Making the decision to sell your jewelry due to loss of a job or some other financial crisis is tough.  If you own jewelry that has sentimental value, then this decision can be especially hard.  We find that it is easier for a man who needs cash to sell a watch or a gold chain than for a woman to part with her jewelry.  But rest assured, jewelry can be replaced when there are better times.  Finding a personal jeweler that understands selling your jewelry for cash that will be used to cover life altering responsibilities, like a house or a car, is priceless. 

How Can AmRhein’s Help You with Selling Diamonds and Precious Metals?

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#1

Having AmRhein’s professional gemologist evaluate your jewelry lets you rest assured that you are getting the most value for the whole piece of jewelry.  We highly recommend that you sell to a Graduate Gemologist (GG) from the Gemological Institute of America (GIA). Having someone with that degree of experience and training valuing your jewelry means that you can have confidence that you are getting the true value for all parts of the jewelry. Many in the jewelry buying field lack even the most elementary training and knowledge of gems. You want jewelry buyers that pay people not just for the gold value but also for the gems set in the jewelry that could be worth thousands!

#2

We are a licensed and bonded Precious Metal Buyer through Roanoke County VA and adhere to all annual county requirements, including annual inspections of our weights and measures through a certified company.

#3

At AmRhein’s Fine Jewelry, you will always get fair market value for your gold and silver jewelry, diamonds, watches and sterling flatware. We have been a trusted family-owned jewelry business in the Roanoke Valley since 1921 and your jewelry is evaluated to the highest standards to maximize your return in same-day money.

#4

Our purpose is to provide you with the finest quality consultation and services in accordance with the high ethical standards expected by the jewelry industry. We offer competitive prices for selling your vintage and modern jewelry. In fact, you won’t find better prices in the Southwest Virginia area!

In our next blog, we will help you unravel the mysteries of diamond selling with four tips to consider before hocking your stone.

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