2006-09-04 02:10:14 · 5 answers · asked by mamameowcatlady 2 in Business & Finance ➔ Other - Business & Finance
Ebay has an excellent reputation. You will reach more people for less money than a retail business would offer you. The fees are reasonable. You can place an ad in your local neighborhood to reach neighborhood buyers (what are the odds of finding one?) or advertise nationally that you have a great product at a great price and let the buyers compete for it.
2006-09-04 02:14:46 · answer #1 · answered by Anonymous · 0⤊ 0⤋
Unless you already know, be sure to determine the value first. If you purchased from a brick and mortar store, then you probably paid up to 300% over wholesale cost. That is the standard markup on quality jewelry.
If the stone(s) are rare (natural: alexandrite; red diamonds; tsavorite; emeralds; etc.) then carefully research the appreciation. Gold and platinum has also been increasing in value, and some predict higher prices.
Ebay really is the best way to reach far more people, for less money. Do take the time to navigate the ebay application and account set up process. Call them if you need to for help (since have been on a march to get everyone to set up an account). You will be surprised how easy it was (after the stones are sold) and start looking around the house to do it again!
2006-09-04 02:21:14 · answer #2 · answered by Sociallyinquisitive 3 · 0⤊ 0⤋
I would not suggest a pawn shop because a a pawn shop they are not giving you what the jewelry is worth. Pawn shops give you a loan on it and you have a chance to pick it back up for the money they loaned you plus interest. It's not a very wise choice. Jewelers mark their merchandise up almost 500%
meaning they get it at a price and charge a huge amount for it . That means they wont want to pay you very much for it. Because they purchase it so inexpensively.
You might try ebay or your local classified section if you want to get a better price for it, anyway you look at it, you probably wont be getting back what you paid for it . Good luck!!!!!!
2006-09-04 02:32:40 · answer #3 · answered by Anonymous · 0⤊ 0⤋
your best bet before you sell any jewelry is to get it valued first but a jeweller will tell you he can only give you scrap value which is a lot less than you could get if it was going for resale a lot of them buy it for scrap value and make a fortune off the people they buy it off be careful and watch out for sharks and crooks your best trying to sell it private once you have a value on it
2006-09-04 02:18:30 · answer #4 · answered by Anonymous · 0⤊ 0⤋
Ebay.....the others make their living by buying wholesale and selling retail.
2006-09-04 02:16:05 · answer #5 · answered by Paul D 5 · 0⤊ 0⤋