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Selling off jewellery

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On 17 Jan 2018 at 1:51pm Penny wrote:
Does anyone have any experience of selling off their jewellery? I have several pieces, mainly white gold and sapphire, and simply want a fair price. Not sure if I should try the jewellers in Lewes, go to Brighton or London or try auction. I just don't want to get ripped off.
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On 17 Jan 2018 at 2:41pm Kate wrote:
I sold some stuff to Marston Barratt a couple of years ago and was happy with the valuation, and the service. They took time to explain to me in detail how they had arrived at the value of each piece. Good luck!
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On 17 Jan 2018 at 3:34pm Deja Vu wrote:
The stones are worthless (not worthless but you don't get paid for them), so remove if you can.
Otherwise it comes down to the weight and the quality.
A quick trip into a jewellers or pawnbrokers should tell you the quality of each item (9 or 18, they'll test it with acid).
The value changes by the minute, so just look it up online to make sure you're not getting ripped off. Sell it to whoever pays the most (by weight), usually one of the online companies.
Gold is slightly up at the moment ($1,336), so a good time to sell, it rarely goes above $1,500 (been a while since it hit that) and has been a while since it went below $1,200 (I watch a lot of gold mining programs).
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On 17 Jan 2018 at 4:52pm Penny wrote:
Deja Vu, that has confused me now. Doesn't condition, quality, saleability, fashion play a part in the valuation? I may be wrong but I get the impression you are suggesting my items would be melted down. I would rather they be sold to someone who will enjoy them.
Maybe I can get an independant valuation from somewhere.
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On 17 Jan 2018 at 5:05pm Deja Vu wrote:
Unless they are by a well known goldsmith and worth a lot the only value is the weight of the gold.
You can try to sell it for it's value as a piece of jewellery but you'd have to do that on a site like EBay (I wouldn't recommend that, you're asking to be scammed).
A jewellers/goldsmith/pawnbroker will only give you the gold value, they won't be interested in it an jewellery, no harm in asking of course (you WILL want Brighton for that).
My wife went through a similar thing a while ago with some inherited jewellery that no one in the family wanted, let me know if you do find a goldsmith that is interested as she still has the items (for the same reason as you, she couldn't bear to see them melted down).
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On 17 Jan 2018 at 5:27pm Penny wrote:
Deja Vu, I have done a bit of Googling and Marston Barrett and Clarks both sell second hand jewellery, some of which has an asking price in excess of £7000.
I have also found a couple of people who will value jewellery for both Insurance and re-sale purposes.
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On 17 Jan 2018 at 8:01pm Becks wrote:
I use Daniel is Clarks Lewes have done for years.
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On 17 Jan 2018 at 8:39pm Deja Vu wrote:
My wife read this thread and said she had looked into them, they sell at that price but weren't interested in buying (naybe they buy job lots from the gold smelting places). Got to be worth a try though, anything is better than the gold value.
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On 17 Jan 2018 at 9:15pm Local wrote:
Jesus, there is some nonsense spouted on here, isn't there??
Many jewellers will buy pieces to sell on, or use the stones if they're good, or use just the metal. Never take jewellery apart until you've had some quotes for buying it as is.
Gorringe's also sell a lot of jewellery.
Barrett's are a completely different kettle of fish to Clarke's, and far more honourable too. No instances of "Oh, the price for that ring only applies if you sell us all the pieces..." type of con with Barrett's even though you feel that you've stepped back into the 1950's when you enter their shop!
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On 18 Jan 2018 at 9:14am @Local wrote:
"or use the stones if they're good, or use just the metal."
In this scenario, they will pay by the weight.
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On 18 Jan 2018 at 9:27am 123 wrote:
The best person to go to is Roger at Gorringes. He will tell you what your jewellery is likely to reach at auction. With that figure in mind, you can then approach jewellers and see what they would be prepared to offer. Andrew at Barratts is the only one I would go to in Lewes, very professional. Then, if you've still got the interest/energy you can take it around to shops in The Lanes and gather more information. They will always say "What do you want for it?" but put it back to them and ask what they think they are prepared to give, never mention a figure. I've done it myself and you have to take a deep breath before going in and stand firm. Don't sell it to anyone until you've done the rounds and had time to reflect. If I was only going to one place for advice it would be Roger.
Good luck. Maybe you could let us know how you got on!
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On 18 Jan 2018 at 10:02am Penny wrote:
Thank you 123. I do have an idea what I want but I'm not sure if I'll be selling myself short. I have a receipt of £950 for one ring that was purchased in 1986. The others I can only guess at. I am also wary of an experience I had a few years ago when I wanted some pearls restrung. The jeweller in Eastbourne said, "yes we do Madam, but only if they are real".
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On 18 Jan 2018 at 12:14pm Dirty wrote:
Did he offer you a pearl necklace Penny?
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On 18 Jan 2018 at 1:51pm Penny wrote:
Yes it was a Pearl Necklace and a Bracelet. He was quite shocked and very apologetic when I took them out of my handbag.


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