How is the Jewelry Appraised and Valued?
Many jewelry buyers use a subjective measure when valuing your jewelry, most likely because they only base their appraisals upon the highest potential mark up they can achieve. Part of the problem is that by seeking to sell whole jewelry pieces, your items might be undervalued relative to their underlying value. The good news is that we use objective, market price figures to determine the value of the underlying precious metal components based upon weight and the materials – even if your jewelry is broken or not wearable, you can still unlock its hidden value with a precious metals driven approach. Each of the precious metals professionals use modern laboratory techniques to analyze the jewelry that you send in. These test can help determine the components in the jewelry to identify the presence of silver, gold, platinum or palladium – a full diagnostic report is used to show the presence of the precious metals. A lot of older jewelry might be discounted from other buyers based upon it
