Your jewellery box may contain a treasure trove of valuable baubles. Each item may be special and unique. The fun of having a large jewellery box that you have added pieces to for years is that you never know what you will find each time you go through the inventory. From old gold brooches, gold necklaces, rings with precious stones, gold earrings, vintage pieces, watches , everything you have worn or never worn before. It’s amazing what the walls of jewellery boxes can hide over the years.
Jewellery is different. Sometimes it may be costume jewellery or cheap knock offs. It may be jewellery made from precious metals like gold, platinum, silver and other precious stones.
Since the dawn of time mankind have always tried to find ways of adorning themselves, first it was rocks and feathers but that is now considered wearable art and mankind has evolved and advanced it’s jewellery making skills.
So as you go through the house looking for things of value that you can pawn , you may find a real pieces that are worth a pretty penny.
Pawn shops and jewellery
Pawn shops have gone under some sort of revival that has them catering to a wider range of people looking to pawn or sell valuable items like jewellery as well as people looking to add to their current jewellery collections.
Pawnbrokers are always on the look out for valuable things that they can buy and resell. Jewellery has always been a popular item for pawn brokers because it is easier and quicker to sell.
The value of the jewellery is determined by a variety of factors:
The metal used to make the piece of jewellery
The important things to consider about the metal is it’s value, its purity and its weight. Certain metals are more valuable than others like gold and platinum. These two including silver and other metals are often referred to as precious metals because of their rare qualities. These precious metals like gold, have global price indices on the global trade markets. It is these price indices that are used to determine the value of a piece of jewellery when it is brought into a pawn shop Melbourne.
Precious stones
Jewellery also contains precious stones or gemstones like diamonds. The value of diamonds isn’t always clear because of factors like size, clarity, cut and color affect the value of a diamond. Pawn shops may have expert diamond appraisers that can put a price on any diamond.
Brand and rarity
There are various brands some of which are rare and high end. These command high prices than wholesale manufactured jewellery.
The factors are an outline of what pawnbrokers consider when analysing the value of jewellery that is brought to them.
It is a good idea for anyone who is thinking of pawning or selling their jewellery to a pawn shop Melbourne to know what pawnbrokers look for. Doing some research on hoe the value of certain types of jewellery is calculated can help you get better prepared for negotiating.
If you have rare or high-end brand jewellery, a certificate of authenticity will not only have the details of the metal purity and weight but also reveal the quality of whatever gemstone has been included in the piece of jewellery. It will also go a long way in helping you get a goof offer from the pawnbroker.
