Estate Jewelry Market Shines In Dull Economy

GDO Report

Sure, the family heirlooms have existed for generations, they're often very beautiful to look at - and they're almost always worth exponentially more than their original purchase price.  But cash is needed now for very many reasons, and this valuable resource has remained untapped. 

                      ..."What is everyone waiting for?" 

There seem to be many answers to that question, but for the most part - most people feel that it would be a betrayal to present and past generations to even consider liquidation of their estate jewelry for any reason.  But "rainy days" are upon us and more and more - people are coming to the conclusion that it simply makes perfect sense to sell at least a portion of their collection to get over a few of the more important hurdles. 

After all, what could be more important than mortgage payments, braces for our children's teeth or maintaining a high credit rating?   Let's be honest.  If your great grand mother were alive today, would she prefer that her jewelry be kept locked away in a vault - quite possibly never to be worn again - or would she be happier knowing that it went towards your child's college tuition so they can live a better life in the future? 

Other reasons individuals were hesitant about selling it were their fear of losing it or their lack of knowing how to go about the process of getting a fair price for their estate jewelry.

This is where estate jewelry professionals like Gwinnett Gold Brokers (GGB) can be very helpful.  Their recommendation is as follows:

1.  First, it is highly recommended that all items of value be kept in your lending institution's safety deposit vault.

2.  It is common practice for companies like GGB to visit you there and document your items with you right there in the area that your bank has provided for you to do exactly this.

3.  Photos are then taken, individually and of the entire collection and an itemized list is made with corresponding values.  A very small but extremely accurate scale is used to document each item's weight to the 100th of a gram.

At this point, everyone will have a good idea of each item's value and the owner may choose to sell one or more of the items right there on the spot.  If the estate jewelry professional doesn't have the cash ion hand to perform the transaction, there's plenty of cash in the next room to complete a transaction.

Everyone now has the information they need and intelligent decisions can be made accordingly.

Gwinnett Gold Brokers can be reached at (770) 831-6795 for any questions or to make an appointment to discuss your estate jewelry.