When you set out to sell designer jewelry in Miami or online there are several things to keep in mind. There are wonderful works of art expressed in jewelry. From the master designers at Cartier and Tiffany to the independent designer making a name for themselves, jewelry design is at its core wearable art. Designer jewelry brands such as Cartier, Tiffany, Bulgari and many others, employ some of the most gifted jewelry designers. Aldo Cipullo, Paloma Picasso, and Jean Schlumberger, are some of the most prominent names in jewelry design fostered by the large design houses which made their names iconic. Jewelry designers almost always work in the shadows of these large design houses and only after many years of experience and exposure do they rise to the level of these giants.
Purchasing these pieces of wearable art shows that you are a knowledgeable consumer of fine jewelry and have a refined taste for jewelry. Now that you own it and want to sell it, where do you go? What do you do? How do you get the most for your designer jewelry piece? In the following paragraphs I will let you know what to do and where to go, to get the most out of your designer jewelry.
The first thing you should know about designer jewelry is that there are many copies out there. These counterfeit pieces of jewelry look just like the original and are stamped, laser inscribed and numbered just like the real thing. Many of these counterfeit pieces come with paper work which looks just like the real thing and with boxes that also mimic designer boxes. Therefore, it is very important to establish the legitimacy of your designer jewelry. Most jewelers who do not have expertise in buying designer jewelry will ask for original receipts, appraisals by the design house and all of the proper paperwork and boxes. So, you lost the receipt, forgot where you placed the boxes and do not even begin to remember what you did with the original paperwork which came with your piece. If this is the case, do not fret. Instead, take the piece to the design house retailer and ask them to service it or give it a light polish. The design house will as a matter of practice, enter all data from the piece into their system to determine it is valid and not a counterfeit. They will issue you a receipt and if you ask them nicely, they may also add the original price you paid. Now you have enough documentation to prove to anyone that the piece of designer jewelry is authentic.
Proving your jewelry is authentic is the first hurdle to cross to be able to get the most out of your designer jewelry. There will be a cost associated with getting your jewelry serviced by the design house. The fees range from a couple of hundred dollars to get pieces polished and serviced. However, as this has a great impact in how much you will get for your designer jewelry, I strongly suggest it. Once you have the receipt and any other paperwork from the design house you need to figure out who will pay the most for your jewelry.
There are many jewelers who advertise their willingness and ability to purchase designer jewelry. In fact, with proper paperwork the average jeweler will be willing to pay a larger percentage of what you paid for designer jewelry. This is due to the fact that although they are willing to buy it, they may have to sell it wholesale and cannot afford to pay market value for your designer jewelry. This speaks more to their clientele and their ability to properly market the jewelry they purchase. Regent Jewelers has a varied clientele and we pay more than the average jeweler for designer pieces.
Another aspect of selling your designer jewelry is the fact that there are people out there who will try to take advantage of you and swap your jewelry out for fake or counterfeit jewelry. One way to preclude this from happening is to write down the serial number of your designer piece and to make sure it is the same number you get back if you decide not to sell it to anyone. I suggest you take detailed photographs with your phone which show serial and model numbers and how and where they are inscribed in your piece of designer jewelry.
One final aspect of selling your designer jewelry is to be aware of the market value of your jewelry piece. Some pieces like Cartier Love Bracelets are almost sold as commodities as they have established prices for retail and wholesale and you need to be aware that a bracelet which retails for $6,700.00 will wholesale for $3,900.000. Therefore when you set out to sell your love bracelet you can expect to get around $3,500.00 if it’s a normal size and a little less if its too small or too big for the average lady’s wrist. Although Love Bracelets are valued using different standards as they are always in demand, you can see what to expect to get from designer jewelry when you are trying to sell it. The condition of your jewelry is also an important factor when valuing your jewelry. Pieces which are badly worn, scratched or dented, or have missing gemstones, can have their value reduced significantly as sometimes it is very difficult to repair these pieces adequately.
In short, if you want to get the most our of your designer jewelry in Miami, Coral Gables or online, you should do the following:
- Bring all paperwork, boxes and appraisals from the designer when you bring it to our store.
- If you do not have paperwork, take the piece in to the designer brand store and have them service it and provide a receipt. Bring this with you when you come to sell it as it will impact greatly what we offer.
- Make sure you select a jeweler with Regent Jewelers’ type of clientele which buys designer jewelry and pays a fair price.
- Do a little bit of research to see what comparable pieces sell for online in Ebay and other online auction sites. Not what they ask, but what they actually sell as these two numbers can differ greatly.
We look forward to seeing you and providing you with an offer on the spot and immediate payments. Regent Jewelers is here to help you sell your designer jewelry. Call 305-443-7373 to make an appointment today.