Estate jewelry, also known as pre-owned jewelry, can be a popular buying choice for a unique piece that is sure to spark conversation. Likewise, there is certainly money to be made from selling those pre-owned pieces of jewelry sitting around the house.
Unfortunately, there is always the possibility of doing business with a dishonest dealer. The question is: “How can you tell the reputable from the untrustworthy?”
Here are a few quick tips:
- Have a ballpark estimate for what your jewelry is worth when selling.
- Research the dealer or business beforehand.
- Ask for references and reviews (from either the dealer themselves or from other customers).
- Get a second opinion from a professional.
- Use your best judgement, and go with your gut.
Overall, the best way to avoid dishonesty is to be knowledgeable and do your homework. Showing what you know and having confidence in that knowledge is going to raise red flags when dishonest dealers begin offering prices that do not match up.