Understanding Resale Values when Selling Your Jewelry

If you are considering selling your unwanted or broken jewelry, you probably have a few questions regarding the potential sale. There are different valuations of your jewelry, which can cause confusion if you are given a different appraisal value. Let us explain.

Retail Replacement Value

The retail replacement value appraisal of an item is simply what it would cost to replace an exact item in the open market. Retail replacement value appraisal is typically a number used for insurance purposes. This allows you to understand how much your items are worth at retail value to ensure that you are receiving a fair price from the buyer.

Liquidation Replacement Value

Far from the retail replacement value appraisal, the liquidation value of an item is what the item could sell for on the open market in a very short period of time. When items are being liquidated, the sellers are seeking a quick sale, and will reduce the price to make a fast sale. The liquidation value will typically be lower than the fair market value.

Fair Market Value

The fair market value is simply what a given item can be sold for in the open market. There are some things to keep in mind when this price is being placed on the item. This value assumes that both the buyer and the seller are informed and knowledgeable about the value of the item.

It also assumes that both buyer and seller are willing to make the transaction, are doing so of their own free will, and that there is no coercion or pressure involved in the transaction. One of the key assumptions in setting fair market value is that the seller is not in any rush to move the merchandise and that the buyer is not in any hurry to obtain it.

About Us

Here at Jonathan?s Fine Jewelry, we pride ourselves on your complete satisfaction. When buying your jewelry, we guarantee to buy it at a fair market price to provide you with the highest amount obtainable for your items.

We understand that your jewelry holds personal value to you, which is why we want to make sure that you feel comfortable with the offer. If you are in anyway dissatisfied with our offer, we will send you back your items immediately.

How to Obtain a Free Quote for Your Jewelry

It?s simple and it?s fast! To get a free quote for your jewelry, simply fill out the "Get a Quote" form to the right.  We will then send you a prepaid mailer to send us your jewelry for appraisal. After appraisal, we will contact you with our highest possible offer. If you choose to accept our offer, you will receive payment within 24 hours. It's that easy!