Selling High-Quality Jewellery & Gems in Brisbane
Selling your unwanted jewellery can be a difficult and time-consuming process. There is a lot of cheap and poor quality second-hand jewellery online with little resale value, however, there is also plenty of near-new and high-quality jewellery with good value that can still return a great sale price with the right selling platform.
Jewellery Price Determined By Quality & Size of Gems!
Generally, the best chance of selling your jewellery is to have a significant size diamond to give the jewellery significant value, however when the jewellery is only made up of precious metal and minor quality or size gems, to gain a reasonable sale for your jewellery it needs to be sold as a complete piece on the merits of its condition and design.
Finding Potential Buyers for Certain Jewellery Pieces Can Be Hard!
For jewellery with very little component value, selling closer to the market replacement is much more difficult and relies on the needs of the buyer wanting your design and being accepting of the quality, current condition and within their budget. With so many items for sale online and in-store making a match with your jewellery and potential buyers is difficult and often gives the buyer greater negotiation power in the sale.
Diamond Brokers Queensland Can Help to Sell Your Jewellery!
Diamond Brokers Queensland, can assist with selling your jewellery. The better quality and more attractive your jewellery the better chance that it will have to sell and the assistance of a second-hand jewellery dealer will make the process of selling your jewellery much easier, more secure and return the best sales result.
Sell Jewellery in Brisbane with Ease!
If you have jewellery for sale in Brisbane contact the team today at Diamond Brokers Queensland for the best prices and friendly advice.
Why is Second-Hand Jewellery Difficult to Sell?
In any piece of jewellery no matter the manufactured cost, selling the design is only worth what someone is willing to pay for it, which makes finding a buyer for second-hand jewellery very difficult. This is because the exposure for a particular piece of second-hand jewellery can be very limited and with changing trends it is very easy for jewellery to become outdated.
Second-hand jewellery is generally considered anything be it a dress ring, necklace, earrings, bracelet or pendant where the majority of the value of the piece is going to be in the manufacture of the actual jewellery and not its components. There is a lot of jewellery where the value of removing the diamonds or gems contained in the jewellery does not have enough individual worth for purchase by a jeweller and the scrap value of the gold is also much lower than the manufactured value of the piece of jewellery. This leaves the piece to either be worth only the scrap value or trying to find a direct buyer for the jewellery which you can expect to take sometimes a considerable length of time just to find a direct sale and then it is only worth what that buyer is willing to pay to have to jewellery.
Selling Second-Hand Precious Gems
Selling precious and semi-precious gems second-hand is probably the most difficult area of the jewellery market. The value of a gemstone is much more difficult to determine and the condition can quite often be compromised.
To sell a second-hand precious gem (Ruby, Sapphire or Emerald) requires the seller to have the necessary original purchase documents or certification to provide the authenticity of the gem. As without knowing the details, with so many possibilities of what the gem could be, they must be authenticated by a gemologist to assess the type, origin, treatment, condition and quality of the gem to determine the current market value before it can be re-sold.
Semi-precious gems are generally a little easier to asses but without some form of authenticity will still need to provide proof of what is being sold. Most precious gems are usually of high quality but of lower value with only a few types being worth significant value in the second-hand market and must be in premium condition.
Large Number of Gemstones in the World!
There is a very large number of gems in the world with many gem types available in several colours and many in the same colour as other gems. This makes identification of the gem the first step and most vitally important step to list a gemstone for resale correctly.
In the world of gemstones most have had some form of treatment to enhance the gem’s appearance. Most of these treatments are permanent and acceptable within the trade but how and why a gem has been treated will quite often significantly affect the price of the gem and often requires testing to identify that treatment.
Most gems have several major origin sources and will often vary in price, quality and appearance based on where they have been found. This is often not completely traceable but does help with the sale if the origin can be identified.
Laboratory Produced Gemstones!
Most popular gemstones can now also be created in a laboratory to produce a much cheaper and often better-looking gem. This is often quite evident from the appearance but if not specified all gems that are assumed natural gems must be tested to ensure they are not represented incorrectly on resale.
Even the hardest gemstone, sapphire, is quite soft compared to diamond and with prolonged wear in jewellery will sustain damage. Unless the gem has been kept loose or has never been worn it will almost be assumed that the gem will have some evidence of wear which will reduce its value. For well looked after pieces this damage may only be seen under magnification but for older well-worn jewellery there may be no value left for re-sale. For large high-value precious gems that have been damaged, there may be some hope if the gem can be recut. This will cost money and will change the value of the gem and until it has been cut there is no guarantee of what will be returned but if successful will produce a new premium gemstone.
The Quality of Gemstones in Jewellery is Very Important!
The quality of most natural gemstones sold in jewellery in Australia is generally quite high but there are varying levels of quality available in most types. The saturation and consistency of colour, the clarity and the precision of the cut will all need to be assessed to determine where the gem will fall in the current market value.
Most small and low-value gemstones will have very little value and are most likely going to be reliant on the design and value of the ring for resale. However, those precious and semi-precious gemstones that are of high quality and value and are still in relatively good condition can be sold on their merits in the second-hand market. The price will rarely be the same as the market price for a new gem but will often have enough to return a significant price.
Sell Your Jewellery in Brisbane with Confidence!
Contact the team at Diamond Brokers Queensland today for the best prices Brisbane offers!
Laboratory Produced Gemstones!
At Diamond Brokers Queensland we have four possible options we can offer for selling your second-hand jewellery and gems.
Cash Purchase – The fastest way to sell your jewellery is with a straight cash offer. The downside with a fast sale is that the price offered can be as low as 10-20% of the valuation price and is based solely on the component value of the item and how the jeweller sees that they may need to sell it to still make a profit. This is usually reserved for jewellery where it no longer has any resale value in its current condition or if the seller requires an immediate sale.
Store Consignment – High-quality, high-value jewellery with a modern saleable design will have the best potential to sell at the closest price to wholesale market replacement. Listing your jewellery on consignment will give your jewellery the best opportunity to sell at the best return price by giving the item reasonable time to find the right buyer.
Tender Auction – For second-hand jewellery that still has good value but where the quality and condition are a little more subjective, selling at a tender auction will return a good price in a reasonable time. Tender auctions allow the seller to test the market by seeing how much the buyers in the market are willing to offer based on the attractiveness of the item for sale against similar available products.
Trade Exchange – One of the best ways to return the value spent on jewellery is to trade it for another item. If you do not need to sell your jewellery to return the money then trading it for other jewellery will retain much more of the original value of the item you want to sell. Second-hand dealers are much more flexible in trading jewellery as they do not need to outlay further cash and if there can still be a profit from the trade they will also be less particular about the jewellery quality than with a cash purchase.
Contact us to Sell Your Jewellery in Brisbane Today!
Diamond Brokers Queensland are a wholesale diamond merchant and boutique engagement ring manufacturing jeweller and for all product enquiries, we invite you to fill out our Contact form or call our office – 1800 993 697 to book a studio appointment or receive further product information.