Inheriting jewelry can be an exciting experience. From receiving valuable pieces that have been in the family for generations to being gifted more sentimental items from a close friend, the prospect of acquiring a wearable work of art is something looked forward to with money. But what happens if you inherit a piece you have no use for or don’t particularly like? Here are a few options to consider.
This is probably the most obvious option, but it’s certainly a good one. Inheriting a piece of jewelry is usually more about the sentimentality of the item than it is about the monetary value of it. Even if it’s an item you don’t care for, it can still hold a wealth of personal meaning. If you feel any kind of tie to the item because it came from a beloved family member or you’ve heard stories about the piece, hang on to it.
If the jewelry you have inherited is of your personal taste and is particularly attractive, wearing it yourself is a great option. If it needs to be cleaned up before it is wearable, a jeweler will be happy to give it a good polishing, so it looks new.
If you don’t particularly love the item but want to keep it for your own children or grandchildren, it can easily be cleaned up and stored for future use. If the jewelry contains gemstones or precious metal, getting it cleaned and stored correctly will ensure that it will stay in good shape for years to come. If it’s an especially attractive piece, you might want to consider putting it on display. Jewelry doesn’t have to be worn!
Alternatively, repurposing your inherited jewelry is a great way to make use of the individual parts of the item if the piece as a whole is not to your tastes or if the item is missing a stone or two. For example, a single earring that’s lost its mate can be transformed into a new necklace by refitting the stones and adding a chain. Likewise, an old-fashioned ring with a gorgeous stone can be remade with a more modern setting.
Of course, in the end, if the inherited jewelry holds no personal meaning to you or you simply have no need for it, you can always sell it. To get the best price for your piece, take it to a certified appraiser. They’ll be able to identify the materials used, the overall estimated market value of the item, and give you some advice on where and how to sell it. One word of caution – before you sell, you might want to make sure that no one else in the family will be upset if the family heirloom leaves the family; the last thing you want to do is cause a rift between family members over inherited jewelry.
Whether you’re ready to sell an inherited piece of jewelry or just interested in knowing more about the piece, getting it appraised is a great first step after inheriting jewelry. If you’re ready to take that step, give Mark a call for professional expertise.
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.