October 20, 2016
We all have jewelry around the house that we’ve inherited or it turned out to be an impulse buy. When you’re strapped for cash and need money right away, you may look to your jewelry as a means for paying off your debt. There are undoubtedly numerous jewelry pawn shops in your area, meaning that these shops either deal primarily with jewelry or choose to sell it on an as needed basis. When taking your jewelry to a pawn shop near you, you can get a short-term loan which you will need to pay back. Should you choose not to pay off the loan, the pawn shop isn’t required to hold your jewelry and is free to sell it.
Of course, the pawning process can end up being a rude awakening for many people when they find out that their wedding band isn’t going to get a high loan. With that being said, when you’re only looking to get a loan, most pawn shop owners are willing to negotiate based on your needs or the story you have behind your piece of jewelry. Regardless of your situation, you will want to get the most out of the pawning process, and surprisingly enough, it’s all up to you!
Always Clean Your Rings
It may sound a lot like common sense, but you’d be surprised by how few people actually take the time to clean their rings or other jewelry before heading into a local pawn shop. Remember, pawn brokers are there to make a speedy transaction, and if you wish to get the most for your item, you need to show it off in the best light possible. There are numerous cleaning solutions and cloths available on the market specially formulated for precious metals and gemstones.
Be careful when cleaning stones and avoid using harsh chemicals or toothpaste as they can damage stones. Use a soft bristle toothbrush to apply cleaning solution to your jewelry and work around as well as behind prongs to soak out gunk. Rinse well and don’t forget to clean the facets of all gemstones to ensure a good sparkle– especially when you have a quality gemstone!
Of course, no ring or other piece of jewelry is complete without a purity hallmark. Pawn brokers want to know that they’re investing in silver, gold or platinum before allowing you to pawn your jewelry. Just like you need to clean the gemstones as well as the setting, make sure to give all hallmarks a good shine which are usually located on the inner band. If your jewelry doesn’t have a karat mark or isn’t stamped silver, you’ll receive much less than its worth, even if it is a precious metal.
Check For Completeness
If your ring is part of a wedding set, it may have additional pieces such as a decorative wrap setting to make it more elegant. Providing all of the original items that came with your purchase can positively impact the price. A complete ring set is a lot easier to pawn than one that’s missing pieces.
Do consider the condition of the ring you’re hoping to pawn. Jewelry pawn shops want use good quality pieces for a loan in case you’re unable to pay off your debt. Check to make sure that all gemstones are properly sitting in the band and that the band itself is in good shape.
Bring Appraisal Paperwork
Chances are, if you have a ring that you know is worth some money, you may have gotten it appraised at some point. When heading off to jewelry pawn shops, always take the official appraisal letter with you. This amount is an approximate value of what your jewelry is worth and is usually used in case you choose to insure your ring.
Though appraisal value can help you understand the replacement value of your piece, do understand that pawn brokers can’t offer a loan anywhere near that amount. What pawn shops can reasonably offer is a so-called base value. This number is the price that the shop can sell your ring for in case you default on your loan.
Set Realistic Expectations
We’ve all heard horror stories about pawn shops and how they rip people off, but a good portion of those stories are a result of misplaced expectations. We all strongly believe that the jewelry we own is special and one of a kind, but the sad truth is, unless you have a strictly custom piece, it really isn’t. Even fancy jewelry stores use common manufacturers whose designs appear in numerous catalogs, therefore, your piece is likely to have been repeated elsewhere.
Pawn shops that deal especially with jewelry will have brokers that have seen a lot of jewelry in their time working the counter. You may hope for a strong positive reaction to your piece, but the fact is, it’s likely that the broker has seen many more like your ring. This isn’t something to take personally, but it is a part of dealing with pawn shops that should be understood.
Well, there you have it! As you can see, pawning jewelry is a fairly simple and straightforward task, but it can become a bit emotional if you’re attached to your piece. Before heading into a pawn shop, make sure to properly clean the piece, check to make sure it’s in good shape, and do take appraisal paperwork with you.
October 13, 2016
Diamond buyers are a good group of buyers to attract. They may be people who want to buy a diamond to set in a piece of jewelry. They may want a gem to replace a missing stone in their setting.
High-quality buyers may be a couple looking for a diamond engagement ring or a unique pair of wedding rings. They may also be looking for a perfect pair of diamond stud earrings or a diamond pendant. Here are some ways to attract these buyers to your jewelry store.
We Offer Customers Loose Stones
Diamond buyers may prefer to buy a loose diamond. You should buy these diamonds separate from their setting. This allows the buyer to choose a better quality diamond which can be set in a ring, earring, pendant or other pieces of jewelry.
When we offer loose stones, we give clients a choice. They may choose to buy a larger stone, different cut, a unique color or a higher-quality diamond. Then they can choose a unique setting that will complement the gem and bring out the stones brilliance.
We can offer loose diamonds, emeralds, rubies, and sapphires, as well as other gemstones. The buyer can look for unique gems that complement their current setting or that would look nice in a new setting.
Offer Your Customers a Choice in Stone Settings
By offering customers the option to choose among several different settings you stand a good chance of giving them what they want. The setting can be made from various types of metals, including gold, platinum, and silver, as well as many unique settings.
The settings you create for your loose stones can hold one stone or multiple stones. Your customer may want to just use diamonds or may want to add other gemstones or even pearls to their setting.
The gemstones can be set in a ring, earrings, pendants, or even charms. The quality of the setting may vary. We offer high-quality settings. These will be heavier metals in unique styles or shapes. We may even add design elements to the metal to make them stand out.
Offer a High-Quality Product
High-quality buyers look for high-quality products. When purchasing jewelry, gemstones and material for your store, only buy high-quality. We have established a reputation for quality. That means always offering the best products available.
Some jewelers choose to offer a wide range of products. We can offer a variety of price ranges. However, you should not compromise the quality. You can find lower priced products in a high-quality store, but the price would not be as low as you would expect in a store that offered low to mid-quality products.
Our customers learn about the quality of our product and spread the word. This is especially true as we offer unique engagement or wedding rings. Many people are greatly influenced by others when it comes to this type of purchase. By offering a high-quality ring with some type of unique element, we have customers that recommend our jewelry store to others.
Offer Great Customer Service
While high-quality products may attract buyers, Our sales staff are fully trained. They know about the jewelry we sell, what we have in stock and what we’re able to do.
Your sale team, jewelers, and designers work hard to ensure our customers are satisfied. However, it’s important to remember that customer service does not just apply to in-store transactions. It also includes our interactions with a potential customer on our website, social media sites and in other types of communications.
Our website provides our customers with the information they need such as your store hours, a map, directions to your store and contact information. We also have a blog that can help provide your customers with useful and relevant information about buying jewelry and gemstones.
Offer Other Services
We can also offer you jewelry repair and cleaning services. These are for people who already own diamond and are likely to buy more in the future.
Engagement rings and wedding bands are an important part of a jeweler’s business. That’s why we offer special services for these buyers. The most basic service is ring sizing and engraving. This will help the buyers make their ring special and ensure it fits properly when they propose.
Design services are necessary for custom engagement rings. Our design team should be able to create unique bands for your customers that can leave those who see their wedding rings in awe. Just ask our friendly staff for assistance
Offer Good Prices
Price is not the main consideration for a high-quality diamond buyer, however, they don’t want to feel like they’ve been cheated. The price of our jewelry correlates to the quality of the piece. We offer high-quality jewelry to your buyers.
The Best Companies That Offer Cash For Gold
Most people understand that gold is a very valuable precious metal, one that used to represent the value of money itself. There is a limited quantity of this metal, and that is one of the reasons that it is so valuable. When it is pure, it has a very yellowish appearance. It is extremely malleable, used in many electronic devices today. It is also known as a transitional metal, one that can be found in mass quantities in alluvial deposits. Whether you have jewelry at home that you would like to get rid of, or if you have a hobby of gold panning and you know where to get this in abundance, gold can be sold for cash at many locations nationwide, and here is how you can find the top companies that offer cash for gold.
How Much Can You Get For Gold?
Gold is one of those unique minerals that tends to increase in value every year. Although it can hit highs, and come back down, is currently valued at about $1200 an ounce. This makes it a very lucrative mental to search for, whether you are a rock hound looking for different types of minerals for your collection, or if you would like to get into the business of panning or using a sluice box in order to get gold. It’s a very lucrative activity, especially if you can find alluvial deposits where there are substantial amounts of this rare mineral.
Where Do You Find Companies To Buy It?
You can easily find companies to buy gold in large cities, and even rural communities, where they will pay you top dollar for the gold. Of course, they are going to have to resell it in order to make a profit, but you are going to make a substantial amount. You can even get more money for gold nuggets because of their rarity, especially the large ones. Some of the largest ones that have ever been found have been auctioned off for 10 times their actual value just because of the way that they look. You can start looking on the Internet for companies that offer cash for gold. You will probably find several. You can then ask them how much they are willing to pay you for the gold that you have, and take it down to sell it.
Should You Do This In Person Or Use The Mail?
It really depends on where you are located whether or not you decide to travel to the actual location, or send it to them through the mail. Many people are very apprehensive about sending it simply because someone might realize what it is that you have in the package and steal it from you before it gets to the company. If you are close enough, it is probably a good idea to simply take it down and get the money for the gold. If you have a substantial amount, that’s probably the best option as it will definitely be noticeable by the weight alone.
How Quickly Can You Sell The Gold?
One of the benefits to finding one of these companies is that they will always have cash on hand. They are in the business of making transactions immediately. You simply bring it in, they weigh the gold, and then they offer you the money that they are charging per ounce, and your transaction is done within minutes. If you are doing this through the mail, the only delay is going to be the time that it takes them to receive the gold. They will usually cut you a check the same day, sending it directly to your home or business, saving you the time of having to actually go to their location.
How Do You Know You Have Chosen The Right Company?
You will basically know that you have chosen the right company when you have found a business that is willing to pay you immediately for the gold. More specifically, the company will be the right one because they are going to pay you the most. It’s a very simple transaction which involves nothing more than bringing the product in, weighing the gold, and then cutting you a check. Sometimes you only have a few ounces and they may actually pay you cash for the gold that you have brought to them, and easy transaction anyone can do. Some of them will actually pay you more than regular customers if you are constantly bringing them gold to purchase. They are in the business of making money, and if you can become one of their constant suppliers, you will likely make more money by sticking with just one company.
If you have never thought about selling gold before, you might want to start. The prices are actually quite high. You can always locate businesses that offer cash for gold, and you could end up with several thousand dollars that you are not expecting. Gold is not that difficult to find as long as you are living in a place where it has been discovered before. If you happen to have old jewelry lying around, material that you are simply not going to wear ever again, it’s a good idea to bring it to one of these locations where they pay cash for gold on the spot for whatever amount you bring in.
September 26, 2016
Finding second hand gold buyers is easy, the hard part is finding one that will give you a decent amount of money for the items that you have. It is important to remember that they will still be selling that gold again and are looking to make a profit, but with that said, you should still be able to get a decent percentage of what your gold is worth.
The first thing you should do is come to terms with the fact that you will not be getting the value of the item when you sell it. The price that was originally paid is not what it is worth to the buyer. Even when they sell it they will not be able to get its true value, so knowing this before you begin your search is essential or else you will feel that everyone that you come across is trying to rip you off. The fact is that is just how the business works.
Many people going into this process feeling that their prized pieces of jewelry are worth a great deal because of what they or their family members had paid for it, but really, what was paid was actually the retail price of the item. In that scenario there were multiple people before the retailer that also made a profit off of it, so what it is worth in the resale world is substantially less than what was paid. If the piece has sentimental value or is something that you find to be extremely beautiful, it is probably best to keep it instead of looking for second hand gold buyers, who will only leaving you feeling insulted.
Once you are sure that you are really ready to part with the gold pieces for less than what was paid for them you can begin your search for the best buyers out there. There are some that are completely scrupulous and will try to trick you into to selling it for far less than what you can get for it. Due to this it is imperative that you take your time and do some research before you pick the company that you feel will give you the most money for your gold.
The first step is to compile a list of gold buyers that are local to you. You can easily search for them online and get a wealth of results at the click of the button. Beware, however as these searches will likely include companies that will ask you to send them your gold. Stay far away from these businesses. They will all claim to give you top dollar for your gold, but in reality they are looking to have your gold in their possession so that they can pay you as little as they want. Only do business with companies that you can interact with face to face to ensure that they will stick by any promises that they make to you.
Once you have a comprehensive list of local companies you will want to take the time to see what other consumers have to say about them. Reviews can be found on sites like yelp and other sites that specialize in giving consumers a forum to share their experience with a business. Read through the reviews, don’t just look at their rating. If there are hundreds of reviews a rating can mask some serious problems that may occur on a relatively frequent basis. It is also a good idea to check with the BBB to see how the business stands with them.
Once you have read the reviews and have narrowed your list down to a few companies that seem fair and legitimate you should give them a call and ask what their process is like. Most will tell you that they can not give you an estimate over the phone, which is true. If they claim to be able to give you a number they are likely not a company you want to work with. That is just a tactic to get you in the door and then talk down what they had previously told you.
You should ask what they pay per ounce for each type of gold. Depending on how many carats the gold is, the value will vary. What they pay per ounce will tell you which company is willing to give you the most for your gold. The difference may only be pennies, but if you have a great deal of gold that can add up. You should, however, consider what your travel costs would be, especially if you only have a small or moderate amount of gold to sell.
Once you have decided on a company you want to be sure that you know that weight of your various types of gold before hand. Some companies can seem legitimate, only to try and rip you off by understating the weight. If that happens you need to walk right out the door. Also be sure to share your experience so others are not taken advantage of. The same is true if they quoted a rate per ounce and change it when you try to do business with them.
As long as you follow the tips above you should be able to find the best second hand gold buyers in your area and pick the one that is best for you. Be sure to do your homework so that you can have the most positive experience possible.
September 19, 2016
Finding second hand jewelry buyers San Francisco area is extremely easy, there are so many that the real problem is choosing the one that will give you the money that you deserve for what you have. To do this you must be willing to take the time and do your research before walking into a shop. Not being diligent will almost surely get you ripped off unless you are extremely lucky. Follow the tips below to ensure that you get the money that you should for the jewelry that you have.
The first thing that you absolutely must do if you are thinking about your jewelry for cash is to decide if you are really willing to part with that jewelry. It is never a good idea to sell jewelry if it has sentimental value or if you find the piece to be especially appealing. When you sell your jewelry to a second hand jewelry buyers San Francisco company you are not going to get anywhere near what you or someone else had originally paid for it.
The price paid for that jewelry would have been retail, which includes profits from multiple levels before it reached your retailer. Another factor is that there are certain styles that come in and out of fashion, and while a piece may see retro and interesting to you, most companies that purchase used jewelry are simply planning to sell it to someone that will be melting it down to be used to create new jewelry or for electronics. It is very difficult to find a buyer that is actually interested in the piece itself. If that is what you are hoping for you should probably try to sell the piece to a private buyer on your own, which will take much longer usually, but could result in a substantially higher price.
The kind of jewelry that you want to sell to a buyer of this nature should be jewelry that you really have no interest in or use for. The kind of stuff that’s been laying around for years and you haven’t even considered wearing or passing along to others. Even if you are in a financial bind be very sure that you are ready to part with it, it is not like a pawn shop where you can buy your piece back when you have gotten into a better financial situation.
Now that you are sure that you are ready to sell your jewelry you can do a search for second hand jewelry buyers San Francisco area. You will find that the list is extremely long. If you want you can even search for the specific area in San Francisco that you live. When searching it is important to steer clear of any companies that are not local to the area. Some may say San Francisco in their ad, but that is just so they come up during your search. These companies are usually in the business of paying very little for the jewelry.
In fact, they likely will ask you to send them the jewelry in a special envelope they mail you, claiming that they will give you more than anyone else for it. The reality is that once they have the jewelry in their hands there is little you can do and they can give you as little as they want for it. Do not fall for that scam.
Once you have made a list of companies that are willing to buy your jewelry in your area you should check each one’s reviews online. Reviews can be found on yellow pages, yelp and other sites that are interested in ensuring that consumers can share information about their experiences with other consumers. It is key that you actually read the reviews as they contain specific information that could warn about certain unsavory business practices that are all too common in this industry.
Once you have narrowed your listed based on those reviews do a quick check with the local BBB. That will tell you if they rectify any consumer complaints in a positive way and how often they get complaints that are serious enough that the BBB gets involved. This information tells a lot about how seriously they take treating consumers fairly.
Now you should have a pretty small list and can begin to call around and gather more information. If anyone offers to give you a quote over the phone you should be weary. Typically they will tell you that you must bring your jewelry to them so that they can verify how many carats it is. Sadly some pieces can be marked as 14K but is really much lower quality. They should, however, be willing to tell you what they pay per ounce of each type of gold. This step will save you time from having to visit each store separately.
Once you have their rates compiled you will likely notice that they are relatively close to each other, as long as they are reputable. If they are much lower you clearly want to cross them off of your list.
If they are much higher then you should be concerned that they will try to offer much less once you walk in the door by claiming something is different about the jewelry you bring in. This is known as a bait and switch technique. At this point you have all the information you need to make your decision. Be sure that you don’t skip a step so that you get the most that you can out of your collection.