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The Water Cooler
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Used jewelry value?
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<blockquote data-quote="SKATA" data-source="post: 4308098" data-attributes="member: 53653"><p>My two cents. Since Mom died, she had alot of high end pieces. Stuff from Tiffany's etc. Believe me when I say this from 8 years of selling this stuff off . . . Jewelry mark-up is insanely high ! Pearls are worth nothing. When I was working in China, you could buy a pocket full of pearls for dollars. But the high end jewelry stores in OKC want $4,000 for a necklace. My estimate from them was the melt value of the gold clasp and not much more. </p><p>Diamonds don't bring value either. The one to ten point chips bring only dollars, maybe. Other jewelry like emeralds, rubies, etc don't bring much either. </p><p>Bite the bullet, find a reputable gold buyer and then sell it. </p><p>Also. The jewelry you see at Macy's, Dillard's, Kohl's, JC Penney does not have the same gold and diamonds compared to the 70's & 80's. It looks like costume jewelry. Go to eBay and look-up diamonds rings. Nearly two million entries. Look at how many of the diamond rings are nothing but diamond chips. Pretty shiny but not much else. </p><p></p><p>Sorry for the rant. I tried many times to convince my Mom not to buy the jewelry but she insisted it was a great investment. Yeah right !</p></blockquote><p></p>
[QUOTE="SKATA, post: 4308098, member: 53653"] My two cents. Since Mom died, she had alot of high end pieces. Stuff from Tiffany's etc. Believe me when I say this from 8 years of selling this stuff off . . . Jewelry mark-up is insanely high ! Pearls are worth nothing. When I was working in China, you could buy a pocket full of pearls for dollars. But the high end jewelry stores in OKC want $4,000 for a necklace. My estimate from them was the melt value of the gold clasp and not much more. Diamonds don't bring value either. The one to ten point chips bring only dollars, maybe. Other jewelry like emeralds, rubies, etc don't bring much either. Bite the bullet, find a reputable gold buyer and then sell it. Also. The jewelry you see at Macy's, Dillard's, Kohl's, JC Penney does not have the same gold and diamonds compared to the 70's & 80's. It looks like costume jewelry. Go to eBay and look-up diamonds rings. Nearly two million entries. Look at how many of the diamond rings are nothing but diamond chips. Pretty shiny but not much else. Sorry for the rant. I tried many times to convince my Mom not to buy the jewelry but she insisted it was a great investment. Yeah right ! [/QUOTE]
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