Selling your silver, gold & platinum jewelry is a very simple and painless procedure. When you bring it in to us, we go through the following process.
- We sort the jewelry by the different metals and karats1 which are generally stamped directly into the metal of the piece - silver (usually stamped .925), 9k, 10k, 14k, 16k (dental gold), 18k and 22k or platinum (usually stamped Plat or 10%Irid/90%Plat)
- We carefully check each piece and test to make sure it is the metal or karatage2 that is stamped in the piece. Why? Check out Nes's story*.
- We weigh each grouping
- We price each group according to the current market price3 (checked throughout the day)
- We give you our offer for your pieces; there is no commitment to sell on your part and you are free to accept or decline our offer
- If you accept our offer we can either give you a credit towards something in our gallery, give you cash if the offer is under $50 our give you a check if the amount is over $50
It's as simple as that! On occasion, we may discover you have an antique, vintage or estate piece that's worth keeping. These pieces sometimes carry a premium because of the era, style, designer, gemstone(s) or larger diamond. We will be more than happy to discuss any and all jewelry that you may have even costume jewelry. First of all, and most importantly, we want you to be comfortable with us and secondly, to know what you really have in your possession. Then you can make a well informed decision about the sale. We've been offered some lovely pieces over the years that we've convinced the customer to keep in the family for the next generation to enjoy.
One last thing you should keep in mind is that commercial jewelry is usually set with commercial grade or low grade small diamonds and colored stones. There is no secondary market for this material and therefore do not figure into the offer.
1 Karats and carats are different. Karat is an indication of gold content. Carat is the unit of measure for weighing gemstones.
2 The karatage of jewelry tells you the percentage of gold contained in your piece; i.e. 24k is 100 percent gold (also called pure or solid gold), 18k is 75 percent gold, and 14k is 58 percent gold. When comparing gold content, the higher the number of karats, the greater the value.
3 Spot metal prices are listed in many newspapers and on the internet every business day
*I once had a gentleman that came into the store where I was working and offered to sell me a yellow gold curb link bracelet and necklace set that was stamped 18k. The pieces looked fine and I weighed them. The totaled about 4 1/2 oz. This was during the last time gold was in the $850 to $900/oz range. This would be a considerable purchase. But, according to protocol, I proceeded to cut a small notch in the end link and tested it with the calibrated acid. It bubbled green! This is not the expected result for 18k gold. When I looked more carefully, I discovered the set was actually brass!! Hopefully, you now understand why we must check every piece no matter what's stamped inside.
