What Makes a Piece of Jewelry Valuable?
Cherry Hill Coins & Jewelry in Cherry Hill, NJ knows that jewelry holds sentimental value for many people. But when it comes time to sell jewelry, you may be curious what factors determine how much your jewelry is worth. Here's some tips from Cherry Hill Coins Currency Jewelry on what details add monetary value to jewelry.
Jewelry Craftsmanship
One of the elements that can increase the price when you're trying to sell is the craftmanship. High-quality craftsmanship dramatically increases a piece of jewelry's worth. Handmade items that display exceptional artistry and skillfulness tend to fetch higher prices than mass-produced pieces. Filigree, engraving, enamel work, stone setting - these specialized techniques require mastery and add value. The more complex the design and superior the workmanship, the more the jewelry is worth.
Gemstone Quality
Another factor that can affect the price when you try to sell jewelry in Medford is the gemstone quality. For pieces that feature gemstones, the quality of the stones greatly impacts price. Characteristics like cut, clarity, color and carat weight determine gem value. A large, flawless diamond is exponentially more valuable than a small, flawed one. The same goes for precious gems like sapphires and emeralds. Top-notch gemstones elevate the overall price of jewelry.
Metal Type
Jewelry made from precious metals - like gold, silver, platinum and palladium - has inherent value from the raw materials alone. This affects the price as you look to sell jewelry. Pieces crafted from finer metals command higher prices. The karat amount of gold pieces also factors in. 24K jewelry has the highest gold content, increasing its worth. Conversely, costume jewelry made from base metals like steel or nickel has very little innate value. The metals used significantly contribute to price.
Brand Name
Famous jewelry houses and designer brands like Tiffany & Co., Cartier and Bulgari fetch high premiums, thanks to their coveted labels. There is an added value from the brand reputation. Even vintage, pre-owned branded jewelry can sell for thousands due to the recognized name. Notoriety and prestige of a jewelry company or designer is a key component of price as you look to sell jewelry.
Age and Provenance
Antique and vintage jewelry is highly prized for its historical significance. Art deco, Victorian and art nouveau pieces are especially popular. Items that are one-of-a-kind, custom-designed, or owned by someone famous increase collectability and value. Proof of age and origin through documents like appraisal certificates boosts worth. Rarity, age and story behind jewelry strongly impacts its price as you sell jewelry in Mount Laurel.
Condition
At Cherry Hill Coins Currency Jewelry, we pay close attention to the condition. The condition of a jewelry piece also affects its value. Items in pristine, like-new condition are worth more than damaged or heavily worn ones. Sometimes restoration is possible to improve condition, but repairs can actually detract value in serious collectors’ markets. Pristine pieces fetch higher prices at sale compared to those showing significant wear.
Gem Trends
Jewelry values fluctuate when you're looking to sell jewelry with gemstone trends and popularity. Increased demand for certain stones like sapphires, emeralds or tanzanite inflates their price. If a particular gem becomes fashionable, the jewelry featuring it appreciates in value. Rarity also plays a role, as scarce stones like jadeite skyrocket in price. Market demand and gemstone scarcity impact jewelry prices.
Personal Attachment
Sentimentality should also be considered with jewelry value. Items passed down through generations gain special meaning and significance. Cherished gifts from loved ones, customized designs, and pieces associated with meaningful moments take on a personal value beyond monetary worth. This emotional connection makes parting with the jewelry difficult. Personal significance contributes a priceless, intangible value.
Selling Your Valuable Jewelry
If you are looking to sell jewelry, the expert team at Cherry Hill Coins Currency Jewelry provides fair, competitive offers for your valuables. We evaluate all the value factors - craftsmanship, materials, brand name, condition and more - when assessing your pieces.
Get in touch to learn how we can help you sell your cherished jewelry for its full value. Call or stop into our Cherry Hill, NJ Cherry Hill Coins Currency Jewelry location to get started!