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                    [title] => The In's And Out's Of Appraising Antique Jewelry
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Sometimes, people are just curious to find out how much their piece of antique jewelry might be “worth”. It could be so they get bragging rights among their friends, or even just out of personal interest. It could even be interesting to try and estimate the value of the jewelry, as a game, and then go to a jewelry appraiser to get the actual answer. However, it really isn’t so straightforward to find out what jewelry is “worth” - because what is the meaning of “worth”? There are several circumstances which affect the true meaning of this word.

If You Are Looking To Sell Your JewelryAntique Jewelry

When selling jewelry, the “worth” of a piece of jewelry would be its liquidation value – that is, the value of it as scrap metal. This is the lowest valuation of your item possible. Valuation will depend heavily on the gold content of the item, as diamonds are less likely to be resold unless they are of a very high quality. Pawn shops offer the lowest rates, sometimes 10% of your item’s value. Jewelers who purchase estate jewelry for resale offer higher rates, up to 20% of the retail value.

If Your Jewelry Has Collector’s Value

Sometimes, jewelers do offer a premium for certain special items. Typically, these would include well known brands, very high quality items, or items that the jewelers know there is a market for. In such cases, jewelers may offer up to 25% of an item’s retail value.

If You Need A Valuation For Tax Purposes

Usually, the kind of valuation you would need for tax purposes would be the estate value. This is pegged to the fair market value, which appraisers are required by the IRS to use. Fair market value puts the estimation of the current price of an item down to the current price of a similar item that could hypothetically replace it. This replacement item has to be of similar like, quality, utility and condition, from an establishment that usually sells similar items – the market, so to speak. Estate jewelry and period pieces would be appraised alongside other used items, and appraisers would look at prices from other similar antiques sold by other estate jewelry sellers.

If You Would Like To Buy Insurance

Insurance also refers to the fair market value. It is best to find out an accurate valuation of your item so that you can get the appropriate amount of insurance coverage, to protect you in the unlikely event of a crisis. Using a lower valuation just to pay a lower premium would certainly not help your case during your claims.

 

If you find that one of the above reasons apply to you, you can always look for a proper valuation of your antique jewelry with us at Global Gold and Silver. We offer various options such as a walk-in appraisal or an online quotation so it’s easy for you to get a quote from us.

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What makes the difference between a $20 watch and a $10,000 luxury timepiece? More than just the materials used, and branding! When you get down to the history of watchmaking, you will learn the difference. In 16th Century Europe, watchmakers created wearable timepieces with technology evolved from spring-driven clocks. Watches have been powered by an ever-increasing complexity of springs, gears and other components for 600 years hence. Only watchmakers with highly specialized skills could craft something to complex and beautiful – and that price, of course, was factored into the watch’s selling price. Today, most watches are made with quartz crystals and run on electricity and are much faster and less skill intensive to make. Luxury timepieces are priced according to these factors:

Superior Level of Craftsmanship

TimepieceIt takes a keen eye and a knowledgeable wearer to know the high level of craftsmanship that goes into each and every luxury timepiece. Crafting a watch is a unique skill, and with the prevalence of cheap knockoffs these days, there are fewer and fewer of these highly skilled craftsmen around. Paying for a watch also supports the talents of these artisans.

High-Quality Materials

Luxury timepieces often come in gold, silver, titanium, or with high-quality leather straps. It’s no surprise then that a gold watch would cost much more than a silver one, all other factors equal, just by the value of the materials alone. The good news is, this actually factors into you receiving a high price for it should you be thinking about selling your watch.

Scarcity of the Brand or Model

As luxury watches are not mass produced, there are only so many of these works of art made per year. Due to this scarcity, each individual timepiece can often fetch up to tens of thousands of dollars. Vintage watches have their own value as well, and in fact the scarcity increases as some watches inevitably get lost or broken, hence the value to collectors tends to increase.

Fashion Trends

When dealing in works of art, as luxury timepieces are often considered, prices tend to depend strongly on what’s in trend – or “in vogue”, as we sometimes say. A luxury watch could be worn by a famous celebrity and suddenly the price would shoot up as public attention and hence demand for the watch increases. Furthermore, there is always a rise and fall in the interest of vintage items, including vintage timepieces. A watch made in the 1970s could be of great interest to a collector or vintage lover who has money to pay for it.

A luxury timepiece in your possession could fetch a hefty sum. Should you ever consider selling it, you should always go to a trusted jewelry buyer who specializes in the appraisal and purchasing of luxury items. In the NY and NJ area, a good specialist to turn to would be Global Gold and Silver. Many sellers have parted with their watches for a good price with us. Find out more about selling your watch, and you can even check out how much others have received for their watches.

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When selling your estate jewelry, you’ll want to go with a buyer that’s not only trustworthy and reliable, with a long list of satisfied customers – you’ll want to go for the buyer with the highest payout. Global Gold and Silver does research on your jewelry to find out if the value of the pieces might be higher than just their melt value, taking into account factors like scarcity, heritage, vintage appeal, and market trends.

What Exactly Is Considered As Estate Jewelry?

Jewelry, gold, necklaces, rings, bracelets, watch, wealthEstate jewelry, simply put, is jewelry which someone has passed on to you. It means you didn’t go down to the jewelry store and purchase it yourself! Most likely it was passed on by your mother or grandmother, or someone else in the family who had a valuable piece of jewelry. Estate jewelry is also sometimes called heirloom jewelry. Some of these pieces can be considered vintage jewelry (20 to 50 years old at least), and some even older ones are known as antique jewelry (at least 100 years old).

Why Do People Sell Estate Jewelry?

Some clients sell their estate jewelry because they may be out of fashion and nobody wears them anymore. Others feel the jewelry does not match their look or their lifestyle. Still others have broken jewelry and do not see the point in repairing them. Jewelry can be sold for its precious metals, its gemstones, or in its entirety if it may have value as a collector’s item.

Do I Have Estate Jewelry In My Home?

Often, estate jewelry goes unnoticed or forgotten because it simply isn’t used. It isn’t uncommon for people to dig up some antique jewelry in the attic of their family home, owned by family members several generations past. Some of these jewelry would fetch a very high price today, especially by collectors with a keen interest in vintage items. If you’re not doing anything with your estate jewelry, it could make sense to sell it off at a good price instead of keeping it at home.

How Do I Sell My Estate Jewelry?

Treasures in the wooden chestFirst, find a specialist jewelry store owned by a certified gemologist or someone who is a professional at appraising jewelry and other luxury goods. You’ll want someone who is listed on the Better Business Bureau, has positive reviews on online directories like Yelp and City search, and who has a track record of giving high payouts to previous sellers for their jewelry and other items. Then, make a phone call to book an appointment, or simply walk into any of their stores. Some places also offer the option of selling by post, but it’s always better all around to be there in person if you can.

If you’re in the New York or New Jersey area, look no further than Global Gold and Silver. Our website shows you all the information about our company, our founder, and even reveals the payouts we made to previous customers. Some customers have gotten over $10,000 for their items, and yours might be worth that or even more.  Chat with us today!

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rose gold watch If you're happy with your career you should dress the part to reflect it.  Traditionally, gold is the ultimate accessory to convey wealth.  After  all, this  metal is renowned for retaining it's value. Why do you think  America and a  plethora of other countries used to use the gold standard? Since the  beginning of civilization, it's been seen as a safe haven from devalued  currency and inflation.

Despite it's fascinating history, gold isn't always in vogue. In the past  twenty  years gold has developed an associated with the Nouveau  Riche. Just look at  the palatial Villa De Versailles in Malibu. It's  absolutely atrocious. In the  1990 film Wall Street, the villanous broker  Gordon Gecko was know for his  tacky fashion and gold watches. If you  keep up with the trends and are  involved in the fashion industry you'll  understand the unusual stigma behind wearing gold.

Yellow gold jewelry can often look garish. This is why we recommend selecting a timepiece with rose gold. Rose gold is truly a gorgeous color. Some of the most beautiful rose gold watches can be found at fine retailers such as Cartier and Tag Heuer.

Rose gold is a great choice with a lot of sentimental value. During the pre-war era the technology didnt exist to find gold prospects. As a result, the precious metal was scarce and jewelry craftsmen mixed gold with other metals. Admixture with copper is what achieves this glowing rosy hue.

While yellow gold is often hard to pair with certain colors, rose gold can go with almost any outfit. This is thanks in part to its more neutral hue. In fact, fashion experts agree that you can n mix it with other alloys such as stainless steel or silver chains. It's a sophisticated fashion statement that will set you apart from the overdone carbon black trend. Undoubtedly, it's also a great investment that will not only retain it's value but will be in vogue for generations to come.

If you're looking to sell your watch, Global Gold and Silver can take it off your hands for a great payout.

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cartier bracelet

Since 1847, the name Cartier has dominated the jewelry world with the most iconic bracelet known as the Cartier Love bracelet debuting in 1969. Since then, Cartier has produced plenty of other designs stemming from the “Love bracelet” design and concept. Anybody who is anybody in the entertainment industry has one time or another been spotted wearing a Cartier love bracelet or stunning pair of diamond Cartier drop earrings to a red carpet premiere. Cartier pieces are worn not only for their iconic designs but for what they mean and represent.

The iconic house of Cartier has been one of the most influential and leading watch & jewelry designer labels in the fashion world since 1847. Cartier, over the many decades, has continued to shaped the jewelry and watch industry through its definitive designs that allow the consumer to unknowingly create a unique connection with each item. Along with detailed and impeccable craftsmanship, Cartier has held up to its high quality reputation since the year it was founded. It’s completely understandable why you might have to break the piggy bank and save up for a while to obtain something with the Cartier signature. Whether it’s a leather calfskin wallet or a diamond watch to help you function on a daily basis, you can be confident enough that you will be getting your money’s worth when purchasing a Cartier piece.

Not all Cartier jewelry buyers are the same! Some jewelry stores will buy it for their own inventory while others have a network of other buyers to deal with. Some may even try to pay you for the gold content only and forget about the designer signature. It’s important to find a place to sell your Cartier items that knows how to properly appraise your items for its highest worth, and make you a competitive offer based on real world market resale value. At Global Gold & Silver we have expert appraisers on staff and we hope you consider us when you decide to sell your next Cartier piece for cash.

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All of us, some time or another, have inherited or received vintage jewelry. The question is, what are some of the options we can do with it? From selling jewelry to redesigning, there are a couple of answers that will raise your appreciation for acquiring vintage and antique jewelry.One of the options you have when dealing with old jewelry is selling it. If you feel that you have no use for whatever jewelry you have or just need some quick cash, we here at Global Gold and Silver will be more than happy to pay you cash for your unwanted gold and silver jewelry. You can find more information about selling your unwanted jewelry from our previous blog posts.

Another option you have is to redesign your outdated jewelry. Taking apart a vintage bracelet and reconstructing it back together can be fun and creative. Adding or subtracting different components to a piece can turn an old-fashioned necklace into a chic and stylish statement. Even changing up small details like switching from chain to a colored cord can add a pop of color to any new piece of jewelry.

One more helpful tip is turning one piece of jewelry into another! Say for instance you inherited a necklace with precious gems in it but hate the design. At Global Gold and Silver, we are able to sit down with you and discuss your options on how you can turn this piece of jewelry into something you would wear. Those gems can be easily taken apart from that necklace and turned into a beautiful set of redesigned custom earrings!

If you have any questions or want more tips on what your options are with vintage jewelry feel free to email us at info@globalgoldandsilver.com or call us at 800.680.9757

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The In's And Out's Of Appraising Antique Jewelry

Sometimes, people are just curious to find out how much their piece of antique jewelry might be “worth”. It could be so they get bragging rights among their friends, or even just out of personal interest. It could even be interesting to try and estimate the value of the jewelry, as a game, and then go to a jewelry appraiser to get the actual answer. However, it really isn’t so straightforward to find out what jewelry is “worth” - because what is the meaning of “worth”? There are several circumstances which affect the true meaning of this word.

Read more →

Understanding The Pricing of Luxury Timepieces

What makes the difference between a $20 watch and a $10,000 luxury timepiece? More than just the materials used, and branding! When you get down to the history of watchmaking, you will learn the difference. In 16th Century Europe, watchmakers created wearable timepieces with technology evolved from spring-driven clocks. Watches have been powered by an ever-increasing complexity of springs, gears and other components for 600 years hence. Only watchmakers with highly specialized skills could craft something to complex and beautiful – and that price, of course, was factored into the watch’s selling price. Today, most watches are made with quartz crystals and run on electricity and are much faster and less skill intensive to make. Luxury timepieces are priced according to these factors:

Read more →

Looking To Sell Your Estate Jewelry?

When selling your estate jewelry, you’ll want to go with a buyer that’s not only trustworthy and reliable, with a long list of satisfied customers – you’ll want to go for the buyer with the highest payout. Global Gold and Silver does research on your jewelry to find out if the value of the pieces might be higher than just their melt value, taking into account factors like scarcity, heritage, vintage appeal, and market trends.

Read more →

Rose Gold Watches

 If you're happy with your career you should dress the part to reflect it.  Traditionally, gold is the ultimate accessory to convey wealth.  After  all, this  metal is renowned for retaining it's value. Why do you think  America and a  plethora of other countries used to use the gold standard? Since the  beginning of civilization, it's been seen as a safe haven from devalued  currency and inflation.

Read more →

What Cartier is all about.

Since 1847, the name Cartier has dominated the jewelry world with the most iconic bracelet known as the Cartier Love bracelet debuting in 1969. Since then, Cartier has produced plenty of other designs stemming from the “Love bracelet” design and concept. Anybody who is anybody in the entertainment industry has one time or another been spotted wearing a Cartier love bracelet or stunning pair of diamond Cartier drop earrings to a red carpet premiere. Cartier pieces are worn not only for their iconic designs but for what they mean and represent.

Read more →

Sell old jewelry for cash or redesign it for fun!

All of us, some time or another, have inherited or received vintage jewelry. The question is, what are some of the options we can do with it? From selling jewelry to redesigning, there are a couple of answers that will raise your appreciation for acquiring vintage and antique jewelry.

Read more →

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