Estate and Secondhand Jewellery Dealers
Diamond Brokers Queensland are your trusted dealers for assessing, valuing and buying estate and secondhand jewellery in Brisbane. As licensed estate
and secondhand dealers we can advise the best solution for selling and distributing estate jewellery to get the best value in the most efficient manner.
Estate Jewellery Assessments
Being handed the role of executor to an estate can be a very daunting and difficult task and knowing how to deal with an estate jewellery collection can be difficult without expert assistance. Our service covers a full assessment of all pieces to determine the quality and value and how it can be distributed.
Often over the years of ownership, certifications and receipts are not always available and the fine jewellery is mixed in with fashion and broken jewellery making it very difficult to know what to do. Our job is to separate the full estate jewellery collection into categories of high re-sale jewellery value, low-value but wearable, scrapable gold, silver and fashion jewellery. Once the collection
has been separated then we can discuss the best way to deal with either selling or distributing the valuable jewellery and purchasing the gold and silver that no longer has any jewellery value.
Estate Jewellery Buyers Brisbane
Selling privately owned jewellery can be a difficult task so when charged with finding a buyer for estate jewellery there are only a small number of specialised Brisbane jewellers who can assess your collection. We book specific appointments in store or at your home to work through the collection in an effort to buy the gold and jewellery that is not wanted by the recipients of
the estate. Buying jewellery from an estate can unearth some interesting discoveries and requires an expert to understand the quality and values of generational pieces and how to produce the greatest return for the owners.
Have Estate Jewellery for Sale? Contact Our Experts
Today for the Best Prices in Brisbane!
Get unbeatable offers on your estate jewellery in Brisbane! Our experts ensure top market prices. Contact us today to turn your precious pieces into profitable sales!
What Is Your Secondhand Jewellery Worth?
The value of your secondhand jewellery or ring is primarily determined by
what it cost the jewellery store to create the piece. At best, a secondhand ring can be sold for a price close to what it would cost to purchase new from a retail store when discounted on sale. However, as condition, quality, and style diminish, so does the price. Understanding the value of your secondhand engagement ring involves considering its two main components: the metal (gold or platinum) and the gem (diamond or gemstone). The resale value of a ring is based on what someone is willing to pay for each of these components. Higher quality, better condition, and attractive designs increase the chance of selling close to the new replacement price.
Gold and platinum are precious metals with a market value, but as new, a ring mount is worth the cost of the metal plus the manufacturing expenses. The scrap value of a ring is minimal, but depending on factors like condition, complexity, manufacturing method, and design attractiveness, a ring can achieve a value close to the new replacement cost.
Gemstones within a ring also have a set market value based on wholesale
replacement, provided there is no damage. Diamonds are easier to resell, as they rarely sustain damage and are highly popular for use in engagement
rings whereas coloured gemstones are much softer and unless relatively new can sustain chips and scratches.
Once a diamond or gem has sustained damage then the value rapidly
diminishes with the condition and is usually considered worthless for resale unless the gem is large enough to be re-cut.
The majority of the gem value will always be held is the main stone with most smaller diamond and gems having only minor resale interest. Diamonds above 0.50ct no matter the quality will retain high market value and is what any buyer is looking at when determining the value of a ring.
To sell a second hand engagement ring requires finding a buyer who requires a ring with the right size and quality diamond that is within their budget and a design that is similar to their taste and expectations. Not an easy task and this is the same even for jewellery stores, which is why we suggest even for the most popular selling rings it will take an average of 6 months to sell.
When the value of the main diamond makes up the majority of the ring value then achieving a return is much easier and relies less on the need to sell the whole ring. When the ring value is split amongst the various components then the ring has to be sold on the merits of the whole design to achieve a reasonable return, which can be a much slower process. Diamond Brokers Queensland have the experience and understanding of the second hand diamond ring market to get your ring sold in the most efficient manner at the best possible price.
Show more +Alternatives to Selling Your Second Hand Jewellery
Unfortunately some second hand jewellery and diamond rings due to their
age, quality, design or cost of purchase are almost impossible to sell as they
just no longer have any significant sale potential other than their gold value. If your ring falls into one of the unsalable categories there are some further options.
Some jewellery just needs to be re-gifted to someone else that may appreciate the piece but if is broken or unwearable then recycling your jewellery to take the pieces and use them in a new piece that you can wear.
If you really dont want anything to do with them or have no one to give them to then trading them in can give some return. Often a retail store will not be interested in paying much money for your ring but if you are purchasing a new ring they are more accepting to take your ring as part of the payment for something new.
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Selling Jewellery Privately at Auction or Marketplaces
There are several small and large online auction sites where you can list your ring, unfortunately we have found that this can be a fairly flawed style of selling with low returns and questionable quality listing. Auctions are
designed to create a short term listing with a fast sale rate but are higher risk with little change to view or understand the true quality of what you are buying. Auctions can be an efficient way to gain a sale but by sacrificing the time required to find the right buyer can result in low return of 5-10% of their valuation price.
One of the greatest distractions when trying to sell your quality jewellery on auction sites is the high volume of rubbish jewellery where the quality is too low to sell in any other format making it difficult for good quality jewellery to be recognised.
Listing your ring online though Marketplace, eBay or Gumtree where you can list your ring or jewellery privately to sell at your own discretion will rarely bring a high return and to achieve a fair sale price can often take several years.
Many buyers looking to purchase from theses sties are wary about the authenticity of what they are buying with lower trust between buyer and seller. There are also a high number of scammers and scavengers who are looking to take advantage of sellers not knowing what their ring is worth or their desperation to sell.
Show more +Do You Have Second-Hand Jewellery or Estate Jewellery for Sale in Brisbane? Contact Us Today for the Best Prices!
Turn your second-hand and estate jewellery into cash today! Contact us in Brisbane for a seamless selling experience and receive top-dollar offers. We ensure fair and competitive pricing!
