…And avoid dealing with disappointment
Estate jewelry, simply put, is the term for pieces of jewelry that have been pre-owned prior to your purchase. The term has no age requirements, like “antique” (100 years) or “vintage” (20 years). Buying pre-owned jewelry can be a hassle, especially when it comes to finding a reputable dealer to buy from or sell to. To help ensure you don’t waste time with a dishonest dealer, we’ve compiled some tips on how to find a reputable dealer when shopping for estate jewelry.
If you’re buying or selling a piece of estate jewelry, it always helps to have some prior knowledge of what your pieces are worth: a rough self-appraisal, so to speak. Do your research, walk into the sale with what you’ve learned, and compare your findings with the dealer’s. This will help you buy or sell closer to the amount the piece is actually worth, and can tip you off to any dishonest dealers.
Check with a Gemologist
If you feel you have been given an unfair price for a piece of estate jewelry, it never hurts to take the piece or the jewelry specs, along with the dealer’s comments, to a certified GIA gemologist for a second opinion. While this is not always a readily available option, it can definitely prove helpful in avoiding jewelry that is priced too high or accepting an offer that is too low.
Consult the Better Business Bureau
The Better Business Bureau offers ratings and reviews of hundreds of thousands of businesses throughout the country, making it a great resource for researching estate jewelry dealers. It is unadvised to buy from a dealer or business that is not supported by the Better Business Bureau.
Ask the Dealer
Reputable dealers should be able to offer up their credentials upon request. This can also be the case for references and reviews from other buyers. Not only that, reputable dealers should be able to explain the nature of your piece’s gemstones to you, or refer you to a gemologist you can. And don’t be afraid to ask questions. Honest dealers are happy to answer any questions a customer has when purchasing or selling estate jewelry.
Look for a Return Policy
Before making a purchase, it is always a good idea to check out the dealer’s return policy in case something turns out to be wrong with the jewelry, or you realize the price didn’t exactly match up with the quality. Most experts advise shoppers to avoid buying from dealers who do not have a good return policy.
Use Your Judgment
There’s something to be said for intuition, and it can prove to be useful when questioning the legitimacy of an estate jewelry dealer. If your research leaves you empty-handed and you don’t feel comfortable with the purchase or sale, don’t be afraid to walk away.
Here at DGSE, we want you to have a wonderful buying experience. Stop by one of our Dallas area locations or contact us today with any questions or concerns you may have about buying/selling estate jewelry.
You can also visit our Educational Guides for more tips on buying, selling, and Estate Jewelry Shopping Do’s and Don’ts.