Finance

Selling Valuable Heirlooms

Many older Australians reach a point where they have no need for the bling in their jewellery boxes. They also tend to have family heirlooms that they have had passed down through generations that they may still be holding on to. Sometimes it’s just jewellery gifted to them and they no longer wish to own for whatever reason. Selling these unwanted baubles and heirlooms can bring much needed cash in times of need. 

There are a number of ways that one can go about selling valuable heirlooms without being taken for a ride. We have seen a lot of ads in newspapers and television of Brisbane gold brokers offering cash for unwanted jewellery. Most offer the opportunity of a quick sale with less hassle however, if a seller does not know much about selling gold he or she might end up receiving less than what the jewelleries are actually worth. 

Depending on what you want to sell, you can sell jewellery yourself on eBay or on Auction sites. These are generally good for selling big-ticket heirloom jewellery that is a bit unusual. Besides these online services there are a couple of Brisbane gold brokers with sites you can sell to. Most of these would usually have a physical location from which they operate and only offer online services as a convenient way of selling from the comfort of your own home. 

If you have not sold online before the best things to do is to sell your own jewellery in person. This way you can ask the gold buyer direct questions and get a direct explanation of how the process works and how the price is worked out.

Heirlooms can be tricky because they have a sentimental value that goes just beyond the fact that they are made of precious metals and gemstones. They may also be old or vintage and consist of special gemstones that most gold buyers who are only interested in gold would not pay for. 

If you have diamonds or other gemstones on your jewellery, it is better to first have it appraised by a professional. If your jewellery is not that old you may want to take it to a gold buyer. Most gold buyers will only pay for the gold content and will not pay for the gemstones. Keep in mind that the gold buyer cannot give you anything close to the retail value of your gold. The price is worked out by weighing the gold, verifying the purity and using the current spot price. Going to physical Brisbane gold brokers is better if you want to be paid as quickly as possible. Online buyers may take a day or two for you to get your gold back. You would have to ship your jewellery, wait for your buyer to confirm receipt and confirm the price estimate. If you are happy with the price, then you should be able to get your money within 24 hours at least. There are lots of option that you can explore, explore them and do all the research you need to make sure you get the best price you can get for your gold jewellery. 

 

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