Reasons to Sell Your Jewelry at an Auction House
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.
1. Not Like Your Average Jewelry Shop
Auction houses are different than pawnshops or jewelry stores: they focus on purchasing assets and previously owned items and collectibles, like art or jewelry. Previously owned jewelry—often called estate jewelry—are one of the most bought and sold items from auction houses. The auctions are held either 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. If you live in Palm Beach or Fort Lauderdale, consider selling your jewelry at Joshua Kodner.
2. 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 value of the item, 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 time-consuming as well—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 their collections to a more experienced audience, like gemologists and collectors, so your jewelry is sure to be seen by a large number of people. Check out some of the jewelry currently available at our auction house.
3. Beauty is in the Eye of the Beholder
It’s not just all about gems and shine—style is a very important factor when it comes to selling jewelry to an auction house. How expensive a piece of jewelry is not only decided by the material it is made out of or how old it is, but how much it connects to the buyer. Style is as unique and individual as people. 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 much better chance of finding the perfect buyer that not only sees the worth of your jewelry but appreciates it as well. Emphasis on personal style is also a reason why auction houses often have a wide variety of items, such as collections of emeralds, Paraiba tourmaline, and Tanzanite.
4. Unbeatable Dependability
Choosing to sell your jewelry online through websites like e-Bay or community websites like Craigslist can be a pain, as well as dangerous. Not only do people like to negotiate down prices, but it can be difficult to distinguish scammers from real 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 is delivered safely. No more worrying about bartering returns, or questions—the auction house does it all. For more information about seeling with Joshua Kodner, contact our team today.
5. Auction Houses Advertise the Jewelry For You
One of the best ways to sell any product is advertising. The more people that know about what you’re selling, the more likely you are to make a sale. 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, as well as catalogs, and diverse client lists, auction houses are easily able to advertise your jewelry to a large and diverse audience across the globe.
Choosing the Right Auction House for You
Selling jewelry can be hard. From getting various offers to find 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 and make sure to visit our blog for the latest news and trends!