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That said, here are the things you need to lookout for when consulting with jewelry buying firms here in the big apple. Some of the things we’ll tell you may not be fancy. They may not even be what you want to hear, but we feel that as an upstanding company, it’s better to put it all out there so that you can make the right jewelry selling decisions. Your gold, silver, diamonds and other precious metals are only as valuable as the amount a jewelry buyer in New York will pay for it. Gold currently costs twice its value a decade ago. So, if you want to sell, start with your gold. There are many factors responsible for the price of the jewelry. Jewelers tend to consider the provenance, the history, current market value, demand and fashion trends. The appraised value may be much higher than the true market or “street” value. So, we generally recommend containing your excitement until you’re made an offer by the buyer. Do not list your jewelry on classified sites. You’ll probably get a lot of ridiculous offers. Instead, walk into a certified jeweler’s store like Diamond District Buyers and have your jewelry appraised. You don’t even have to come with the real thing. Very clear pictures will do. So, if you have some jewelry to sell in New York, walk into our store and talk to us. We’re more than willing to help you with all the information and assessment that you need.
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