When selling unwanted or unworn jewelry, there are a few options on where to sell it. From pawn shops to websites or apps, or—perhaps the best option—selling your jewelry to an auction house. But what exactly is an auction house, and why should you choose to sell your jewelry to them? Here’s what you need to know.
Not Like Your Average Jewelry Shop
Auction houses differ from pawnshops or jewelry stores: they focus on purchasing assets, previously owned items, and collectibles, like art or jewelry. Previously owned jewelry—often called estate jewelry—is one of the most bought and sold items from auction houses. The auctions are held in person or online and often sell collectibles, fine art, and antiques. Auction houses are known for selling items above cash value—a good thing for jewelry sellers. So if you live in Palm Beach or Fort Lauderdale, consider selling your jewelry at Joshua Kodner.
Best Sell Back Value with an Auction House
Selling jewelry is a game of chess, not checkers. To ensure the best possible price for the item’s value, most people selling their estate jewelry will visit multiple stores to gather as many different offers as possible. Not only is this a tedious process, but it is also time-consuming—buyers are not always immediately sold and may require time to decide before making a purchase. This can leave a first-time estate jewelry seller confused or discouraged.
Some auction houses like Joshua Kodner have simplified this selling process by having a certified appraiser, auctioneer, and gemologist provide an accurate and high estimate. The auction house then advertises its collections to a more experienced audience, like gemologists and collectors, so your jewelry is sure to be seen by many people. Check out some of the jewelry currently available at our auction house.
Style is Crucial in Selling Jewelry to an Auction
It’s not just about gems and shine—style is crucial in selling jewelry to an auction house. How expensive a piece of jewelry is decided by:
- The material it is made out of.
- How old it is.
- How much it connects to the buyer.
Style is as unique and individual as people. For example, a vintage ruby ring may be worthless to a pawn shop but priceless to an auctioneer.
Using an auction house that shares your jewelry with hundreds and thousands of people provides a better chance of finding the perfect buyer who sees the worth of your jewelry and appreciates it. Emphasis on personal style is also why jewelry auction often has various items, such as emeralds, Paraiba tourmaline collections, and Tanzanite.
Selling your jewelry online through e-Bay or community websites like Craigslist can be painful and dangerous. Not only do people like to negotiate down prices, but it can be challenging to distinguish scammers from genuine customers.
Packages can also get lost in the mail. Auction houses eliminate this risk because auction houses are the real deal and work with professionals to ensure the product is authentic and delivered safely. The auction house does it all without worrying about bartering returns or questions. For more information about selling with Joshua Kodner, contact our team today.
Auction Houses Advertise the Jewelry For You
One of the best ways to sell any product is advertising. The more people know about what you’re selling, the more likely you will make a sale. However, for anyone choosing to sell jewelry on their own, advertising can be costly, depending on how you’re selling the jewelry. Websites allow sponsored posts, giving your posting more attention and traffic, but it is not always guaranteed, and ads are only for a limited time.
When selling jewelry to an auction house, the advertising is all done for you. With galleries, showcases, catalogs, and diverse client lists, auction houses can easily advertise your jewelry to a large and diverse audience across the globe.
CHOOSING THE RIGHT AUCTION HOUSE FOR YOU
Selling jewelry can be challenging, from getting various offers to finding the best value to finding the perfect buyer. Auction houses like Joshua Kodner eliminate the stress and make selling jewelry a breeze. With over seventy years of experience in fine art and jewelry, the Kodner family continues its legacy of detail, expertise, and knowledge through Joshua Kodner and his auction house. Ready to sell your jewelry? Find out how Joshua Kodner can help! Contact us today.
MAXIMIZE VALUE FROM AUCTION SALES
Joshua Kodner utilizes strategies to help you maximize value from auction sales. We provide our vast experience to all potential sellers and consignors, offering several online bidding platforms and a large base of clients that stretches across the globe. Items acquired through consignment are featured in our targeted digital marketing campaigns. We provide effective digital marketing campaigns that reach over 700,000 potential buyers.
Upon consignment or sale, we issue you a check for the item or items you wish to give to Joshua Kodner, and we bring it to the auction. We also charge a small insurance fee. Our commissions from auction sales account for the entire auction cost and the marketing of the items featured in the gallery.