Mark Maglin, Gemologist

Discovering the Value of Old or Broken Jewelry

If you’re in need of quick cash, you begin to think about every possible route for money there is. One of those routes is selling your jewelry. While you may not want to cope with the pieces you still wear and love, selling old or broken jewelry is always an option. Selling your old or broken jewelry is easier than you’d think, but there are a few things you have to know first!

Is Old or Broken Jewelry Worth Anything?

The short answer to this is that yes, old or broken jewelry is worth something. Of course, the value will be less than that of jewelry that’s in good shape. The exact value of your jewelry will depend on the metal and stones and what they’re worth as materials rather than the resale value of the actual jewelry piece. The higher quality and pure the metal in the jewelry is, the more it will be worth.

Separating the Jewelry

Since all types of jewelry are different when it comes to how pure the metal is, it’s important to separate them accordingly before you sell. If you hand the buyer all of your jewelry at one time, they’ll pay you based on weight per gram of the lowest quality metal in the bunch. By separating it into categories, you’ll get a fair price for each different type of jewelry. It’s also good to separate out pieces of jewelry that come from a well-known brand or designer. In these cases, the piece may be worth more because it can be fixed and resold rather than just being melted down.

Should You Sell Your Old Jewelry?

Selling your old jewelry is great as long as you’re ready to do so. If you own any sentimental or important jewelry, even if it’s broken, you should keep it for yourself. Broken or old items with no sentimental value are just left sitting in a drawer collecting dust, so why not make a little extra cash off of it? Don’t be afraid to get multiple price quotes from various jewelry buyers if you aren’t satisfied with the first.

Contact Gembyr Today!

If you have old or broken jewelry to sell, our team can help! We’ll offer you the best rates at the fairest possible cost for all of your old and broken jewelry items. If you have damaged jewlery, diamonds, or gold accessories, contact Mark today for a free consultation or appraisal you can also contact Mark by email or calling today at 1-603-828-1144.