Saturday, October 1, 2011

How to convert unused jewelry into cash?

While most people prefer to keep their wedding sets and other jewelry for posterity, some of us would like to convert unused jewelry such as our wedding ring sets into cash. This could happen because there is an emergency situation or we simply think that cash is preferred over jewelry that is lying at home or in the bank without being used.

Though many jewelers may not encourage you to convert your jewelry to cash, it is not difficult to find jewelers who allow you to do so. The first thing to do when you want to sell your jewelry is to make a list of jewelers who buy unused jewelry. You can check the varied rates offered by different jewelers and then approach them directly. Alternatively you can approach a trustworthy jeweler and ask them to send a buyer who may be interested in your wedding ring sets.

When you approach a jeweler for selling your unused jewelry, he will ask you to bring the jewelry to the company premises. Ideally, a professional assessor will evaluate the value of your jewels or diamond rings and then you will be provided with a quote by the jeweler. If you think that you have been given the right evaluation, you may sell your diamonds right away or you may choose to wait for more time. Most jewelers will evaluate your jewelry for free.

Apart from jewelry, you can also convert any gold coins or vintage gold watches or for that matter, even broken jewelry into cash. It is recommended however, that you find out from the jewelers about the jewelry that they accept or buy. Your unused jewelry could just be the answer to your worries of a financially stressful situation!


Also read The jewelry guide to a perfect wedding