Learn how you can profit from recent rising value of gold jewelry,diamonds and other precious stones
LURIYA.COM
15 Vital Pointsto ReViewBefoRe selling YouR JewelRY
A Publication of
2 hOw tO pROfIt On RIsIng vALUe Of gOLd & JeweLRY
Contents:
pROfIt fROM RIsIng vALUe Of gOLd JeweLRY And dIAMOnds / 3
AppRAIsed bY A pROfessIOnAL / KnOw YOUR JeweLRY / gOLd / 4
be pRepARed / dO A LIttLe ReseARCh / YOUR LOCAL JeweLeR / 5
ReseARCh OnLIne / ReseARCh bUYeR / LOOK fOR hOnest deALeR / 6
tIMIng Is eveRYthIng / CAsh Is KIng / COMpARe / 7
be pROteCted / pAYMent OptIOns / ReAd the fIne pRInt/ 8
COnCLUsIOn / 9
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LeARn hOw YOU CAn pROfIt fROM RIsIng vALUe Of gOLd JeweLRY And dIAMOnds
In these hard economic times, selling unusedjewelry can be a very welcome event that puts some much-needed extra cash in your pocket. Because of the rising value of gold jewelry, dia-monds and other precious stones, you stand an excellent chance of making a nifty sum – but only if play your cards right.
This entails, of course, preparation, which is why you should follow these vital tips to increase your chances of getting as much cash for your jewelry as possible:
3 hOw tO pROfIt On RIsIng vALUe Of gOLd & JeweLRY
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1st Point
2nd Point
3Rd Point
hAve It AppRAIsed bY A pROfessIOnAL
KnOw YOUR JeweLRY
KnOw YOUR gOLd
If you think the jewelry may be worth a substantial sum, have it appraised by a professional. If you aren’t sure, it’s worth the cost of an appraisal then take it to a free appraiser at a jewelry shop.
Know what precious metals are contained in your jewelry before looking for where to sell jewelry. If you don’t know these things, someone may take advantage of that.
Understand what karat means, especially if you intend to sell your gold jewelry. 24 karat gold is pure, undiluted gold. 14 karat gold is about 58% gold; with the remainder consisting of hardening alloys. 10 karat gold contains just 42% gold by weight.
4 hOw tO pROfIt On RIsIng vALUe Of gOLd & JeweLRY
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4Rd Point
5th Point
be pRepARed
dO A LIttLe ReseARCh
Know the common measurements by which jewelry is assessed to determine its worth. Even though prices are listed for consumer understand-ing as price per gram or ounce, some dealers will try and buy it from you based on pennyweights which favors the buyer and means less money in your pocket.
Visit an online directory like Yahoo! Luriya.com, or an offline directory like the Wall-street Journal, to see the most up-to-date market prices for your jewelry.
Clean your jewelry thoroughly, so that it makes the best presentation possible. After all, jewelry dealers aren’t buying scrap metal.
5 hOw tO pROfIt On RIsIng vALUe Of gOLd & JeweLRY
6th Point see YOUR LOCAL JeweLeR
Visit multiple offline avenues. Try a pawn shop, then also try a jewelry shop to see how much your stuff is worth to them.
This gives you more information.
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7th Point
8th Point
ReseARCh OnLIne
ReseARCh pOtentIAL bUYeR
Visit online jewelry dealers. Avoid taking the first offer, unless it strikes you as a very good one, in light of the research you’ve compiled.
Before selling jewelry online, look them up on the Better Business Bureau’s website. If they’ve swindled or tried to swindle anyone in the past, this would most certainly have been reported and they would have received a low rating. If so, avoid them.
6 hOw tO pROfIt On RIsIng vALUe Of gOLd & JeweLRY
9th Point LOOK fOR hOnest deALeR
A sure sign of dishonest dealings is the lack of a price list on the website. If you can’t find an up-to-date list of the price of gold and precious metals contained in jewelry, then don’t sell your jewelry here.
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10th Point tIMIng Is eveRYthIng
Check the turnaround time if you have chosen to go with an online jewelry dealer. If longer than a business week, then they may not have the re-sources to come back to you with a respectable offer.
7 hOw tO pROfIt On RIsIng vALUe Of gOLd & JeweLRY
11th Point CAsh Is KIng
Find out how much you can actually sell jewelry for cash. This is the wholesale price, which is more reasonable than the price you might get elsewhere.
12th Point COMpARe
Since you’ve visited several companies (hopeful-ly), you now have enough information to compare the offers you’ve received for your jewelry; do so.
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13th Point be pROteCted
Find out the insurance options for mail away kit, if you are selling jewelry online is the company paying for the postage?
Make sure your package is protected, so that you can refuse an unacceptable offer and have it returned to you.
8 hOw tO pROfIt On RIsIng vALUe Of gOLd & JeweLRY
14th Point
15th Point
pAYMent OptIOns
ReAd the fIne pRInt
Find out how many payment options the jewelry dealer has the more, the merrier.
Can they pay via paypal, or direct deposit, this will also demonstrate their legitimacy.
Lastly, READ THE FINE PRINT of the agreement terms they send you.
Anything you don’t understand, you should ask them to clarify before lending your signature – electronic or otherwise.
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now You aRe ReadYto go out and make a PeRfeCt deal