Buying and Selling Jewelry with the Help of Pawn Shops and Brokers

by | Jan 19, 2015 | Jewelry

When you have vintage jewelry or diamond jewelry to sell, you may be surprised to find that you can get the help you need to make a good sale from local pawn shops or jewelry brokers. Traditional pawn shops have a reputation for low balling offers, even for great pieces of vintage jewelry, which is why it’s important to conduct background research on any broker or pawn shop that you use. If you use a reputable jewelry buyer, you can feel confident that you will get the value for your jewelry without needing to settle for a low offer.

Find a Buyer with a Steady Clientele

One way that jewelry pawn shops can help you buy or sell jewelry is by having a list of steady clientele and their requests for certain pieces. For sellers, a buyer who knows the market and knows which pieces are in demand or which of their buyers would be interested in what you’re selling is important. Buyers who know the market will be able to offer you a fair price for your jewelry because they know that they can turn around and sell it quickly.

People looking to buy jewelry from a pawn shop or broker will also benefit from a company that has a steady supply of sellers. You are more likely to find what you’re looking for and put requests in for special pieces. If you walk into a traditional pawn shop, there is a higher risk of ending up with unauthentic pieces or overpaying for jewelry.

Get Paid the Day You Sell

If you’re selling your jewelry because you need the money, then find a place that cuts you a check or gives you cash at the end of the sale. Never work with a pawn dealer or broker who offers to give you the money after the jewelry sells. You never know if the broker will be honest in the asking price and give you the full amount you’re owed. With a reputable broker, you will be given a total value and walk out with the money right then. You can try to sell your jewelry privately, but that can cost you a lot of time and haggling with private buyers who want the lowest price.
Let a jewelry broker help you by offering you a good value for your jewelry or finding you pieces that you want to buy.

For more information about working with jewelry pawn shops, you can visit Facebook or Google+ page of T N Donnelly & Co.

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