Archive for the ‘ sell diamonds ’ Category

How and Where to Buy and Sell Jewelry, Watches and Diamonds

How and Where to Buy and Sell Jewelry, Watches and Diamonds

Selling jewelry in Boca Raton

Raymond Lee Jewelers Showroom

How and where to sell jewelry, watches and diamonds is a topic of discussion at some point in every ones lives. There are so many outlets to sell jewelry in Boca Raton and other areas all over the world.  Before making any rash decisions consider your options. The best possible option is to sell the item privately, to someone you know. That way you can get very fair market value for your jewelry. If this does not seem like a good option for you, you can always consider posting to the internet on multiple platforms. The best being Ebay. If you decide to try to sell your jewelry, watches or diamonds on Ebay make sure you have paperwork to go with it such as an appraisal. This will give credibility to the piece of jewelry you are trying to sell. Bare in mind that on Ebay there are many scams and items need to be refundable, so do your homework before listing an item on Ebay for sale. We do not recommend listing to Craigslist. The reason we do not recommend Craigslist is because it lets potential buyers know you have something valuable to sell and deals have to be done in person. This leaves you open to a potential robbery. The third and probably best choice is to visit your local jeweler. Get a few opinions and depending on the type of item you have for sale you can gauge its value by how much they are selling for online. Make sure you are paid on the spot and verify the funds are available in the jewelers account.

Where To Sell Jewelry, Watches and Diamonds Series

Where To Sell Jewelry 

As we have said in earlier articles there are millions of places that advertise to buy your jewelry. If thinking to sell your precious valuables where should you go? Everyone that offers advise on the topic always says get at least three opinions… This is a given but what if you are selling diamonds? Is getting three opinions enough?

how to sell diamonds

selling diamonds to the right buyer

Most will not give you this information. Some may tell you that if your diamond is a nice quality you should send it to G.I.A. for a certificate. However, most buyers would prefer to buy your diamond without the G.I.A. if they are slick because it may come out a better quality after they send it to G.I.A. then expected therefore worth more money. So, you may want to consider sending your diamond to G.I.A. You can do this yourself or bring it to your local jeweler and they can do it for you. Bare in mind a certificate costs hundreds of dollars, the bigger the stone the more it will cost. Another tip, if your diamond is old, you may want to look into having recut and then certified because as a modern cut diamond it could be worth 2 or 3 times more money. This is only on a rare occasion though. More tips and tricks to come on how to sell your diamond, jewelry and watches in future articles.

Industry Update: Diamonds May Surpass Gold for Investing

A scattering of "brilliant" cut diam...

Image via Wikipedia

According to David Parkinson of The Globe and Mail , there’s a sly little gemstone sneaking up stealthily behind gold to become the big-ticket investment grab of the year. While gold can’t seem to stay out of the headlines, diamonds have been steadily gaining Wall Street-cred in their own right.

Traditionally, diamonds and gold move in the same direction on the charts, but since the 2008 financial crisis, gold has skyrocketed thanks to its reputation as a solid way to store wealth. Diamonds, meanwhile, experienced “a recession-driven drop-off in jewellery sales” that weighed heavily on their market value. But over the course of the last year, diamonds are again trending upward as investors start to realize that diamonds may just be an even better investment than gold.

“Diamond companies look underpriced versus gold, [platinum group metals] and silver (SI-FT) stocks on a [price-to-net-present-value] basis,” wrote Edward Sterck, diamond-producer equity analyst for BMO Nesbitt Burns in London, in a recent research report.

Whether diamonds are actually a sounder investment than gold is debatable, but according to analysts “the outlook for gems looks strong on a good old fashioned supply-and-demand basis.”

Since 2006, the mining and production of diamonds has dropped off significantly. Diamond producers aren’t actively seeking new mines, or even doing much with those they’ve already established. Rather, they’re depleting the existing supply of diamonds, while a new demand lurks on the Eastern horizon.

China and India are producing a surge of new consumers eager to buy jewelry, which is viewed as a long-lasting investment especially in their cultures. According to the Globe and Mail, “Last year, diamond demand jumped 31 per cent in India and 25 per cent in China.”

Meanwhile, in the U.S., the diamond demand jumped 7% in 2010 – solidifying diamonds as a sound investment for wealth and not just the jewelry box.

To read more, visit The Globe and Mail’s website.

Liz for Raymond Lee Jewelers, your trusted source for jewelry industry updates, news and trends.

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Jewelry Appraisal- Appraise! Appraise, and Re-Appraise!

Jewelry Appraisal – Appraise! Appraise! and Re-Appraise!

Have your jewelry appraised! Theft is on the rise and if your jewelry hasn’t been recently appraised, it needs to be! Diamonds, gold and platinum have made huge gains over the last couple of years and if you haven’t had your jewelry updated with your insurance, you could be potentially loosing more than  your jewelry if stolen!

jewelry appraisal

Have You Appraised Your Jewelry Lately?

Diamonds have increased in value almost 50% while platinum and silver have seen historical jumps in value as well.  Once you have had your appraisal, you need to call your insurance agent right way to update and validate the new value of your precious jewelry.  For example, if you paid $5,000 for a diamond necklace more than 5 years ago, it could cost you $10-$15,000 today if you had to replace it!  Of course non of us want to think about our homes being broken into, but it is a common occurrence and we can never be too careful.

Where can you find a reputable appraiser that you can trust?  One suggestion is to go through either THE NATIONAL ASSOCIATION OF JEWELRY APPRAISERS or THE AMERICAN SOCIETY OF APPRAISERS. These professionals are considered ethical and are required to be continuously educated.  Or you can go to your Boca Raton, FL own Raymond Lee Jewelers to meet with their own in-house expert and can help guide you to ensure protection and appraisal accuracy.

 

jewelry appraisal 

Also, please remember to contact your insurance agent to be aware of your insurance policies and making updates to policy to be ensure you are most protected.

By Raymond Lee Jewelers. For information regarding jewelry appraisal!

Jewelry Education: HOW TO SELL OR BUY JEWELRY

“WHAT DO I NEED TO KNOW

ABOUT JEWELRY 

when I go to sell or buy it?”

Good question! 

Florida Jewelry Store

POINTERS TO HELP YOU SELL OR BUY JEWELRY

Here’s a quick checklist of knowledge you should have before you go shopping for expensive jewelry.

  1. What is a Karat? It’s a good idea to know that gold karat number varies with weight, design, finishing and country of origin. Finishing can be done by hand or by machine, and this makes a difference. 24 karat gold, or pure gold, is too soft for molding into wearable jewelry, thus it needs to be mixed with other metals to strengthen it. The metal used to mix into the gold can change its color. WHAT TO KNOW if it’s less than 10kt (roughly 42% gold), than it can’t be sold as gold legally. You’ll hear these terms: “fill”, “electroplated” or “overlay” and that means it just has a thin gold coat on the piece of jewelry.
  2. What are the four C’s? Don’t expect to read this and have a working knowledge of the four C’s, but I can at least acquaint you with the language. WHAT TO KNOW – the four C’s are Cut, Color, Clarity and Carat. If a jeweler can’t discuss these in great detail, they don’t know enough to be selling you jewelry, keep shopping.
  3. Be aware of chain stores who employ retail sales clerks AND have no actual jewelers on staff. WHAT TO KNOW  – Local jewelers will almost always have a more educated and knowledgeable staff.
  4. If you are going to purchase a really expensive piece of jewelry, USE A MAJOR CREDIT CARD AND HAVE IT APPRAISED immediately.

Now, you officially know more than most people about jewelry shopping! Enjoy ~

By Raymond Lee Jewelers. For information and news regarding fine jewelry and/or luxury watches!

ALL ABOUT THE IWJG AND THEIR UPCOMING SHOW IN L.A., CA

ALL ABOUT THE IWJG AND THEIR UPCOMING SHOW IN L.A., CA

So on August 22nd and 23rd, the world greatest and best watch and jewelry membership guild for buying, selling and exchanging collectibles and antiques all over the world.  

BURLEY BULLOCK

BURLEY BULLOCK

They were founded in 1988 by Burley Bullock who is the corner stone  for one of the successful watch exchange in the U.S.A.  Now a family affair, exhibits and shows are held year round in major cities across the states.  These shows are not open to the public, only serious collectors and re-sellers are allowed, so the members are guaranteed to get a captured audience with serious buyers.

IWJG

CLICK FOR MORE EVENT LISTINGS

The main attractions will be held at the Hilton in Universal City and within walking distance to the famous Hollywood! It doesn’t get anymore glamorous than this!  For protection for the exhibitors and attendees, security is on hand to ensure a safe and happy time for all.  Members will also receive several newsletters informing them of the latest prices and trends so they can keep updated in one easy and convenient source.

CLICK FOR MORE EVENT DATES AND LOCATIONS

Raymond Lee Jewelers will be on hand of course to look for the unique and true “works of art” to bring back and showcase in their Boca Raton, FL location.  We have developed the reputation of being the best, are not going to let anyone down this time either.

By MK, writer for Raymond Lee Jewelers, Boca Raton’s premier Jewelry Store and Luxury Watch Store!

Treasure Hunt Makes Boca Raton Family $5000 Richer

jeff josephson, diamond in the city
Raymond Lee Jewelers gave families the opportunity to win a $5,000 dollar necklace on Saturday through the “Diamond in the City” scavenger hunt. The scavenger hunt took families to five different locations throughout the beautiful Boca Raton, each location representing a treasure of the city.

Families were led to the locations where, once they arrived, they were given another clue leading them on until finally they would arrive at the end of the hunt! There were prizes along the hunt for everyone who played but there was one lucky family who at the end of the day would possess a one carat princess cut diamond solitaire necklace, courtesy of Raymond Lee Jewelers. And it was no small deal, the prize was valued at 5000-thousand dollars.

WHO WON IT?

It was Sara Strebnik of Coral Springs and her family who ultimately found the one carat diamond. They discovered it in a fish bowl at the Dubliner Pub. “Oh, how I wanted that diamond,” said Sara Srebnik.

Sara fished the diamond right out of the Bio Bubble and into her life and she can thank her husbands familiarity with the town and social websites like Facebook, that originally led her to the event in the first place!

There was no lack of media coverage for this event. Television coverage organized by the International PR firm, Transmedia Group (in cooperation with the city of Boca Raton) opened the flood gates of attention and plenty of excited treasure hunters were loosed on the city. “Fun with a little adventure thrown in is probably the greatest economic stimulus,” said TransMedia President Glen Calder.

The event really came to life with the help of the Boca Raton Police Dept, the Historical Society, the Children’s Museum, Rock Hard Taco and the Dubliner at Mizner Park. What a great infusion of attention to Boca Raton’s historical elements and local businesses this was.

There was something for everyone in the hunt and we hope to see more like it in the future! Fun for the family, the town and the local businesses. Raymond Lee Jewelers, way to go!

By MK, writer for Raymond Lee Jewelers, Boca Raton’s premier Jewelry Store!

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