Knowing the Value of Jewelry

Knowing the Value of Jewelry

It can be hard knowing the true value of  jewelry. There are many reasons you may want to sell your gold, silver, and other jewelry. Maybe there is a piece you’ve had for a while that you don’t want anymore or perhaps you got lucky and found a gold chain on the ground. Whatever the reason, before you sell your gold for cash, it’s important knowing the value of your jewelry.

Check for Hallmarks

The easiest thing to look for is a hallmark. No, not a greeting card. In jewelry, a hallmark will tell you what metal is used, the purity of the metal, and sometimes its origin. The hallmark can be found on the clasp of a necklace or on the inside of a ring or bracelet. It will be easier to determine what your jewelry is worth if it has a hallmark. Antique jewelry doesn’t always have a hallmark, though. In order to get a better idea of the value of jewelry you own, you could inspect it further and weigh it, but ultimately, it should be appraised by a professional. If your jewelry isn’t antique, looks new, but doesn’t have a hallmark, chances are that it might not be real gold or silver.

Inspecting the Jewelry

Look closely at the prongs on jewelry with stones. Prongs are used in valuable jewelry to keep the stone in place. Otherwise, cheaper jewelry affixes the stones with glue. Vintage jewelry with quality prongs securing the stones are worth a lot of money. If the stone in your jewelry is cloudy, it just means it needs to be cleaned. Be careful to follow cleaning instructions for the specific stone you have. Over time, prongs may get worn out and loosened, so it should be checked by a jeweler about every 6 months. Make sure the stones are clean and the prongs are well maintained for a better value when selling.

Weigh Your Jewelry

Weight is an important factor in understanding the value of jewelry. Long, heavy, gold plated chains will be more valuable if the gold is real. Silver and gold are heavier when compared to pewter or brass. You may be able to tell if your jewelry is fake just by sight and touch. A gold price calculator is a great tool to estimate the value of your jewelry using weight and purity.

Cash for Gold Florida

Here at Goldfellow, we sell your gold for cash and have all the tools to help determine what your pieces are worth. You can trust us to give you a fair price. Don’t wait to sell your gold, you can contact us today!

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