Auction Information

Dont Sell Grandmas Jewelry at a Yard Sale...Get More Money


Have some vintage jewelry? There are several ways you can sell collectible or vintage costume jewelry. How much your vintage jewelry is worth depends on several things. First and foremost, you need to know what you have and the condition it is in. Refer to our first article for helpful tips on old jewelry research. You may consider taking your jewelry to a dealer. If so, first you need to find a dealer, preferably one with experience in old jewelry. Look in your local phone book and get on the phone. Investing time by calling ahead and talking to them will give some idea on who you are dealing with and how comfortable you will be. Don't expect appraisals over the phone, a dealer usually needs to see and touch it. Here are some other things you should know about dealers:

Dealers

When taking your jewelry to a local dealer, keep in mind there are important considerations about dealers:

1. Be respectful of their time and knowledge.

If you are only interested in information and not planning on selling your vintage jewelry, tell them upfront (ideally on the phone). Offer to pay them for an hour of their time. Some will politely refuse compensation, others will charge you a nominal fee. It depends on the individual. Remember, they have most likely spent years collecting knowledge and expertise. And sadly, too many people expect them to "share" that information openly. Good manners and building relationships will reap far more rewards for you in the long run!

2. Dealers seldom pay more than 30% of market value.

An honest dealer is going to give you a fair appraisal, they are not trying to take advantage of you. Remember, not only do they have business costs but they are taking risks too. It may not sell right away, it may not sell for a long time. It may not sell at all. They are often more willing to give you more if they think it will sell quickly. Retail must "turn" their inventory within certain amounts of time to stay profitable. Consider you own expectations. Know who you are dealing with and the reputation of their shop; if you can't agree on a price, don't sell your vintage jewelry or ask about consignment options. Consignment can be a "win-win" arrangement for all. The dealer limits their risks and you get closer to the price you want.

3. Take notes.

Even if you only bring in one piece of jewelry, you are probably not going to remember everything you learn. It's ok to jot down information and ask questions.

4. Have fun!

Researching old vintage jewelry can be fascinating! You never know what you may find out and it's quite possible you just may be hooked for life!

This is second in a four part series entitled "Don't Sell Grandma's Vintage Jewelry at a Yard Sale". All copyrights are owned by Junky Jewelry at http://www.junkyjewelry.com


MORE RESOURCES:

The Market Oracle

Treasury Two-Year Yields Stay Near a Weekly Low Before Fed Bond Purchases
Bloomberg
Today's offering of 30-year bonds is the last of three auctions this week totaling $67 billion. Yesterday's auction of 10-year Treasury notes drew a yield ...
Treasury wraps strong 10-year auctionThe Associated Press
TREASURIES-Bonds slip, weighed by auctions, euro zone reliefReuters
Treasurys Fall, Pounded By Heavy Debt Supply, Gains In StocksWall Street Journal
BusinessWeek -San Francisco Chronicle -FOXBusiness
all 282 news articles »


Town Hall

MARKET COMMENT:European Stocks Higher After Portuguese Auction
Wall Street Journal
Portugal successfully completed a bond auction Wednesday, helping to alleviate some of those worries. The Portuguese government saw its borrowing costs rise ...
Portugal auction improves European sentimentFinancial Times
Summary Box: Portugal bond sale reflects debt fearThe Associated Press
Portugal's Borrowing Costs Rise at Sale of 2013, 2021 BondsBloomberg

all 101 news articles »


KXLY Spokane

Hartford, Lincoln Bailout Warrants May Reap $871 Million in US Auction
Bloomberg
If that fails, a public auction is held. The biggest was for Bank of America Corp., the largest US lender, whose bailout warrants sold for $1.57 billion. ...
Summary Box: New warrant auctions announcedThe Associated Press
U.S. to Sell Warrants in 2 BanksWall Street Journal
Treasury to sell Hartford, Lincoln Nat'l warrantsMarketWatch
BailoutSleuth.com (blog) -One News Page -National Underwriter Life and Health Insurance News
all 419 news articles »


Raymond James Auction-Rate Suit Is First to Be Upheld
Bloomberg
Raymond James & Associates must face a lawsuit claiming it defrauded buyers of auction-rate securities, ...

and more »


Globe and Mail

FOREX-Euro rises after auctions; Canadian dollar soars
Reuters
NEW YORK, Sept 8 (Reuters) - The euro rose against the dollar on Wednesday, buoyed by successful bond auctions in Portugal and Poland that ...
FOREX-Euro recovers, yen at 15 year high vs US dollarFOXBusiness

all 1,125 news articles »


UPDATE 1-Fed to auction term deposits in Oct, Nov
Reuters
Term Deposit Facility auctions will be held about every other month, the Fed said. Auctions will be held Oct. 4 and Nov. 29, each one for $5 billion of ...
Fed to Sell $5 Billion of Term Deposits to 'Ensure Readiness'Bloomberg
Fed: Continuing to Test Term Deposit FacilityIMarketnews.com
Federal Reserve Authorizes More Offerings Of Term DepositsNASDAQ
Forexyard
all 13 news articles »


Shaken not stirred: 007's Aston Martin goes up for auction
Reuters
The gadgets are all controlled by toggles and switches hidden in the center arm-rest, said collector car auction house RM Auctions, which is presenting the ...

and more »


Tulsa auction firms merge
Tulsa World
Real estate auction company Williams & Williams is merging with the Auction Network, an Internet video service firm. ...
Williams & Williams Worldwide Real Estate Auction and Auction NetworkTM Merge…EON: Enhanced Online News (press release)

all 7 news articles »


EUR Gains on Successful Portugal and Poland Debt Auctions
Forexyard
The EUR rose against the US dollar on Wednesday, buoyed by successful bond auctions in Portugal and Poland that made the single currency's fall the prior ...

and more »


Washington Post

McDonnell turns to auctions, sales, taxes to finance liquor plan
Washington Examiner
McDonnell would use the auctions and sales of licenses, as well as fees and taxes, to provide an estimated one-time windfall of at least $458 million and to ...
Governor rolls out plan for state liquor salesRoanoke Times

all 113 news articles »

Google News

home | site map
© 2006