5 Reasons To Finally Let Go of Your Luxury Pre-Owned Designer Handbags

Designer handbags, like any other part of your wardrobe, are an inherently personal purchase that reflects who you are, what you’re feeling or what you’re going through in life when you purchase them. Some people impulsively purchase bags, while others buy them for special occasions and big accomplishments.

Whatever your bag-buying philosophy, there’ll likely come a time when you have to make the choice of whether or not to sell your luxury pre-owned designer handbag. Whether you’ve fallen out of love with the style or simply need some extra money, there are many reasons to let go of your luxury bags — especially when that pre-owned designer handbag could be worth thousands.

Although it can be difficult to part with such significant investments, here are five clear signs that it’s time to let go of your pre-owned designer handbags.

1. You no longer wear it

One of the biggest reasons why someone may choose to sell their pre-owned designer handbags is because they aren’t wearing them anymore. Perhaps the bag doesn’t suit your current lifestyle, or perhaps you’ve fallen out of love with the design. Whatever the reason, an unused handbag is one that should be let go of.

Identify the bags in your collection that have been neglected, and make a point of using them. If you don’t enjoy the experience of using them, or if you fail to use them altogether within a specific timeframe, it’s time for those bags to go to a new home. Clearing your closet of bags you no longer use will also generate closet space and funds for new handbags that you’ll enjoy more.

2. It’s outdated

Some designer bags are timeless and classic closet staples that can be used over the course of decades without ever looking out-of-date. Other bags, however, are clear-trend pieces, and wearing them even five years after purchasing can instantly make your outfit look dated.

If you have any trendy styles in your wardrobe, it may be best to let them go. This can apply to bags that are currently out-of-date, as well as bags that are on-trend now but that will look dated in 5-10 years’ time. 

If you sell your trendy bags during the height of their trend, you can make much more money than if you wait until the trend has died out and the bag is out of style. Because of this, you should think carefully about whether or not now is the best time to part with your trendy pre-owned designer handbag.

3. It’s taking up space

Decluttering your closet can clear your mind and create new space for a new season of beautiful things. You likely spring clean your clothes and shoes, but what about your pre-owned designer handbags?

Go through your bag collection seasonally and consider which bags are valuable to you and which are taking up more space than they’re worth. If you’re not getting use out of large bags, you may find that the extra real estate and the cash from the sale are worth more to you than the bag itself.

4. You’re too scared to wear it

Do you have a lambskin bag that you’re terrified of scratching or a white purse that’s screaming for color transfer? Many bag collectors have one or two handbags in their collection that they’re scared of wearing for fear of damaging the item, so we get it.

However, if you’re not using the bag, it’s definitely time to let it go. Selling luxury pre-owned designer handbags that you’re too scared to use will not only allow those bags to go to people who will use them, but it’ll also turn the dust-collecting handbag into thousands of dollars you can spend elsewhere.

5. You want more money in the bank

One of the biggest benefits of purchasing designer handbags over cheap handbags is that they retain their value over time. That Chanel Classic Flap you bought for $4,400 in 2012 is now worth $8,800 in 2022 — and potentially even more, depending on the desirability of the color.

While not all bags increase so drastically in value, virtually all pre-owned designer handbags will retain some value and be worth hundreds or thousands of dollars even years later. If you need some extra cash for the holiday season, have a home renovation on the horizon, or simply want the money for a newer, more exciting designer handbag, selling your pre-owned luxury handbag will help you add more cash to your wallet.

For more than 30 years, Watch & Wares has been known as the best place to sell gold and jewelry in Orange, CA, but it’s also the best place to buy and sell pre-owned designer handbags. Watch & Wares Couture specializes in appraising, buying, selling and repairing all of the premier designer brands, including Chanel, Hermès, Louis Vuitton and more. To find out more about our handbag spa services or schedule an appraisal for your luxury pre-owned designer handbag, give us a call at (714) 633-2030 or fill out our online contact form today. We look forward to assisting you in any way we can.

3 Factors That Affect the Price of Gold When Selling Gold Jewelry

Former Federal Reserve Chairman Ben Bernanke once famously said, “Nobody really understands gold prices, and I don’t really understand them either.” Gold is notorious for its constantly-fluctuating prices, and it can be difficult to comprehend the complicated logistics of pricing gold.

With that said, there are several key factors that any Orange, CA resident can look out for to help them understand the current value of gold. Armed with this knowledge, you can maximize the value of your item when deciding it’s time to sell your gold jewelry.

1. The economy

The price of gold is tied to economic data such as interest rates, so staying up-to-date with the current state of the economy can help you form an idea of how valuable gold is at that time.

When the U.S. economy is strong, gold prices tend to drop. As borrowing increases and interest rates go up, gold becomes a less popular investment, and, as a result, its price tends to drop. Conversely, when there’s negative economic news — think rising unemployment or a decreased GDP — gold prices tend to rise.

If you’re looking for places to sell gold jewelry so you can turn it into cash, it’s best to wait until a period of poor economic data. Waiting for a quarter in which the GDP has decreased or unemployment has risen will help you get the most money possible for your fine jewelry pieces.

2. The U.S. dollar

The price of gold and the value of the U.S. dollar have had a tight relationship for almost 50 years. This is because global markets measure the value of silver and gold according to the U.S. dollar.

The stronger the U.S. dollar is, the lower the price of gold will be. When the U.S. economy is weaker and the value of the dollar goes down, the price of gold will generally increase. This is because citizens tend to hold their money in the form of gold rather than a weakened currency.

If you have gold jewelry you plan to part with, don’t visit the best place to sell gold jewelry until the U.S. dollar is experiencing a weaker exchange rate. This will allow you to maximize the value of your gold jewelry.

3. Supply and demand

Like any commodity, gold follows the basic law of supply and demand: when supply is low and demand is high, an item’s value increases. When the demand for gold jewelry increases and the supply becomes more limited, the price of gold automatically rises in response.

Almost 50 percent of the world’s gold production is used in jewelry, so the values of these two items are very closely linked. If you have gold jewelry that you want to sell, wait for a time when gold prices are higher and the demand for gold jewelry is increased to receive the best value for your items. Jewelry-gifting holidays like Christmas and Valentine’s Day are often the most opportune time to sell gold jewelry.

Whether you want to wait for the best time to sell gold jewelry or you need to sell jewelry for cash ASAP, Watch & Wares can help you get cash fast for your estate jewelry and luxury accessories. We’ve been the best place to sell gold jewelry in Orange, CA for more than 30 years, so residents know that when they visit Watch & Wares, they’re receiving a fair and competitive appraisal value that directly reflects market prices. To find out more about our gold jewelry buying and selling services or to receive a free jewelry appraisal, call us at (714) 633-2030 or fill out our online contact form today.

4 Ways to Boost Your Pre-Owned Designer Handbag’s Resale Value

Whether you bought your pre-owned luxury handbag for a season or for a lifetime, you may find yourself in need of extra cash or simply tired of your same old handbag styles. If that’s the case, you can sell your valuable luxury accessories for cash and make a significant percentage of the purchase price back. Some people even buy handbags as an investment because they know that they can sell them later and make all of their money back and then some.

However, not all handbags retain their full value on the secondhand market. If you want to sell your pre-owned designer handbags for as much as possible, try these four ways to boost your pre-owned luxury handbag’s resale value.

1. Do Your Research Before Buying

The best way to preserve resale value after buying your bag is to research the best investment pieces before you buy your bag. While you should buy a style you love, you should also do research into the resale value of that bag and how much other styles sell for on the pre-owned market.

Visit resellers of pre-owned luxury handbags online and search for the same brand, style, size, material and color as the bag you’re interested in. You may find that the style goes for more than the retail value on the secondhand market, or you may find that it goes for a fraction of its original price. Even if you buy a bag with a low resale value, at least you’ll have accurate expectations and make an informed purchasing decision.

2. Invest in Rare Pieces

If you want to ensure that your bag purchases have the best chance possible of preserving their value, look for limited edition items from historied luxury brands. Stick to designer brands that have been around for decades, or even centuries, like Louis Vuitton, Chanel or Hermès. Chanel and Hermès bags in particular tend to only increase in value over time. More contemporary or lesser-known brands like Fendi, Versace and Miu Miu tend to sell for less on the secondhand market, especially if they don’t have a consistent signature bag style like the Chanel Classic Flap or Hermès Birkin.

When looking for rare items, collect styles that are made in exclusive quantities, in collaboration with well-known artists or made with exotic materials. The more difficult to find a pre-owned luxury handbag is, the more a collector will be willing to pay for it. While some limited edition pieces may be lost to time, many will become in demand and give you a great ROI.

3. Protect and Maintain Your Bag’s Condition

Like any expensive luxury accessory, pre-owned designer handbags should be properly stored and maintained to preserve their condition. If your bag becomes discolored, misshapen, or odorous, it could significantly reduce its resale value.

Protect your handbag in storage by always storing it inside a dust bag. You should also keep it in a temperature-controlled environment that isn’t too hot and humid or dry. Too much moisture could lead to mold or mildew growth, while extremely dry environments could lead to leather cracking or peeling.

If you have a light-colored handbag, avoid wearing it with jeans or other dark colors, as you could transfer the denim color onto the back of your bag as you walk. Your bags also shouldn’t be left in direct sunlight for too long, or the leather could discolor and lighten over time.

If you already have some minor wear and tear to your pre-owned luxury handbags, you can usually have them repaired or restored at a handbag spa. At the Watch & Wares handbag spa, we perform professional handbag cleaning, handbag moisturization, stain protection treatment, edgewear restoration, color touch-up services, odor and mold removal, and more for a range of designer styles.

4. Sell at the Right Time

An important factor in pre-owned designer handbags’ resale value is time. If you don’t need to sell right away, study the market and wait for the best time to sell your bag in order to get the most money possible.

Highly popular classic bags like the Chanel Classic Flap or Hermès Birkin consistently increase in price over time, so the longer you can wait to sell, the better. With trendy pieces like the Prada Re-Edition 2005, prices spike as the bag hits maximum popularity and then fall as the bag goes out of style. In this case, you’ll want to sell before the trend dies completely, while there’s still demand for the item. In some cases, trendy bags can come back into style, such as with the Fendi Baguette or Chanel Diana. Trends tend to re-appear every 10-20 years, so if your bag is out of style now, it may come back into style in the future, and prices will once again rise as demand grows.

Whether you want to strike while the iron’s hot or take advantage of growing inflation, you can sell your pre-owned luxury handbags for incredible value at Watch & Wares. We offer some of the most competitive rates in the area for all premium designer names, and we can even restore your bag to its original glory with our handbag spa services.

For more than 30 years, Watch & Wares has been known as the best place to sell gold jewelry for cash in Orange, CA, but it’s also the best place to buy and sell pre-owned designer handbags. To find out more about our handbag spa services or schedule an appraisal for your pre-owned designer handbags, give us a call at (714) 633-2030 or fill out our online contact form today. We look forward to assisting you in any way we can.

5 Things To Look Out for During Your Jewelry Appraisal

Selling gold jewelry for the first time can be an intimidating experience. From the initial appraisal to parting with the item, it can be an emotional journey — especially in the case of vintage estate jewelry — and you may be wary of the process if it’s one you’re unfamiliar with.

With something so valuable, you want to be sure that you’re receiving a fair value and not being duped. However, if you have limited knowledge of your item’s worth, it can be difficult to have complete trust and peace of mind that this is the case. To better equip yourself for selling your gold jewelry for cash, keep in mind these five things during your expert jewelry appraisal.

1. A complete description of the item

Your appraisal should, first the foremost, clearly describe the piece of jewelry in great detail. It’s not enough to say “vintage estate jewelry” or “gold ring with diamonds.” The description should make it undeniable to the reader that the jewelry piece they’re reading about is the one in their hand.

In fact, if you have an insufficient description in your official appraisal, some insurance companies may not accept the appraisal as valid. Make sure that the type of jewelry, brand, size, color and any other unique identifiers are included. The more detailed your description is, the better.

2. Photographs of the estate jewelry

Photographs aren’t always part of an appraisal, but they’re best to have if possible. Photographs can help easily identify the exact piece of jewelry in case it’s lost, stolen or accompanying an incomplete description.

Take photographs of the jewelry yourself at home before bringing it in, and take photos of it as it’s being appraised as proof of the item’s presence. Photos can also be especially helpful in the case of a collateral jewelry loan, so you can ensure that you receive your jewelry back in the exact same condition that it was given in.

3. The value of the gold jewelry

The most important part of your jewelry appraisal, and the part you’re likely most interested in, is the value of your item. This is a crucial aspect of any jewelry appraisal, as it will dictate how much you can sell your jewelry for or how much you can claim on an insurance filing.

The value should reflect the current market value, taking into account any wear and tear. Keep in mind that if you’re selling your vintage estate jewelry to a gold jewelry and loan shop, they’ll need to make a small profit when re-selling the item and will likely offer you less than the current market value.

4. The addition of sales tax

Not many appraisers include sales tax in their appraisal of your item, but it happens from time to time. Some estate jewelry owners, especially when receiving an appraisal for tax or insurance purposes, will want the sales tax included to more accurately reflect the final value. 

However, if you’re planning to sell your gold jewelry, the sales tax won’t be relevant and, therefore, likely won’t be included in your appraisal value. To ensure which value you’re receiving, verify with your appraiser whether sales tax is included in their assessment of the jewelry’s value.

5. Fully disclosed treatment information

According to FTC guidelines, any treatment done to a gemstone needs to be disclosed to the consumer. If you’re having your fine jewelry appraised, fully disclose any repairs or treatments to the appraiser so they can include them in the final appraisal document. 

While processes such as cutting and polishing don’t need to be disclosed, mention any other treatments such as heating, bleaching, dyeing, fracture filling or surface coating. If you’re in doubt as to what should or should not be mentioned, disclose all repair processes to the appraiser, and they can determine which are relevant to your appraisal value.

If you’re ready to sell your vintage estate jewelry and looking for the best place to sell gold jewelry for cash, look no further than Watch & Wares. At Watch & Wares, we consistently offer five-star customer service, which is reflected in our reputation online and in the local Orange County community. 

As a family-run business with 30 years of experience, we place transparency, integrity and honesty at the forefront of everything we do. We want to ensure that every visit to Watch & Wares leaves you happy and confident in your selling decision. To find out more about our estate jewelry buying and selling services or receive a free jewelry appraisal, call us at (714) 633-2030 or fill out our online contact form today.

How To Effectively Prepare to Sell Your Vintage Estate Jewelry

Handing down jewelry is a tradition as old as time, and it’s common for people to find themselves with a loved one’s vintage estate jewelry at one point or another. While it’s always a meaningful gesture, you may not always want to keep the vintage pieces, but there can be complex emotions around the selling of inherited valuables.

You may not feel any emotional attachment to the pieces and have no plans to wear them in the future, so it’s better for them to go to a loving home than sit around in your jewelry box. However, if you want to sell gold jewelry for cash, you may feel guilty for cashing in on these once-beloved items.

These emotions are common and completely valid, and although selling vintage estate jewelry can be an emotional decision, it’s one that can be made easier if you know how to effectively prepare to sell your inherited diamond and gold jewelry.

Decide what’s sentimental

The first step is to decide what you want to sell and what you want to keep. Lay out all of the inherited jewelry and go through piece by piece, thinking about how each item makes you feel. Do you see yourself wearing it in the future or passing it on to another loved one? Is it tied to important memories? 

If it’s something that’s important to you and your relationship with the deceased, keep the piece. If it meant more to your loved one than it does to you, tease apart these distinctions and consider selling it to a new, loving home. It’s okay to err on the side of caution and keep any pieces you feel you may regret selling down the line.

Gather all relevant documents

Once you’ve decided which pieces to sell, you’ll need to prepare these pieces for a vintage estate jewelry appraisal. To get the highest price possible for the items, gather any documentation you have about the jewelry, its authenticity and its value.

If your loved one didn’t keep any original documents, don’t worry. You can always have jewelry authenticated and have a certificate issued after the fact. You can also have the item assessed without this paperwork, but it may slightly lower the value offered.

Approximate your item’s value

Before selling your vintage estate jewelry, you should know how much your valuables are worth. You don’t need to have an exact number in mind — in fact, it’s often better if you don’t — but you should know a ballpark figure to avoid being undervalued.

You can do online research to assess your piece’s value, considering factors such as precious metals, precious gems, brand name, age, condition, and demand. If you can’t find any comparable pieces online, you can have your jewelry appraised at a reputable jewelry repair store, often for no cost.

Find a reputable vintage estate jewelry buyer

Craigslist, eBay, and other third-party marketplace sites can often seem like the easiest method for selling vintage estate jewelry, but as buyer-driven platforms, you can often be lowballed or even scammed out of your money entirely.

To protect yourself and your loved one’s treasured pieces, research reputable vintage estate jewelry buyers in your area and sell in person at a brick-and-mortar shop. Finding a reputable jewelry buyer is as easy as Googling “sell my jewelry for cash” or “places to sell gold jewelry near me” and then researching the top results to verify their trustworthiness.

When verifying a jewelry buyer, look at third-party reviews from sites like Yelp and Google, check their local licenses and certifications, and ask whether they have a GIA-certified gemologist on staff for appraisals. You should also verify that they’ve been in business for several years; this is often an indication that they’re trusted by the local community.

If you have inherited jewelry that you would like to sell or pawn, contact Watch & Wares today. We’re one of the best places to sell jewelry for cash in Orange County, and we consistently offer some of the highest values in the area. With over 30 years as a family-run business, we’re proud to have hundreds of 5-star reviews from residents of Orange, CA and across Southern California. We’re also a luxury jewelry and loan pawn shop, so you can get a four-month collateral loan on diamond jewelry — no credit check necessary. Contact us today at (714) 633-2030 or fill out our online contact form to request an appraisal or schedule an in-store appointment.

4 Essential Facts to Know Before Selling Gold Jewelry for Cash

Whether you’re in need of quick cash or want to let go of old clutter, there are many reasons you may want to sell your vintage estate jewelry. No matter the reason, however, you likely want to ensure you receive the best value possible for your pieces.

Selling gold jewelry can be surprisingly tricky business. From receiving deceptively low appraisals to mailing off your gold jewelry to an online business never to be heard from again, there are many pitfalls to beware when looking for places to sell jewelry near you. To safeguard your jewelry and protect yourself from scams, make sure you know these four essential things before selling your gold jewelry for cash.

1. Know the price of gold

The first step to ensuring that you receive a fair value for your vintage estate jewelry is to know the price of gold. While some jewelry repair stores will offer a value based on several factors, others will consider it nothing more than “worth its weight in gold,” as the saying goes. In this case, you should know the up-to-date price of gold so you can set it as a bottom line for your appraisal.

Today, the current price of gold can be easily Googled right after you search “best places to sell jewelry for cash near me.” As of this writing, gold is $52.95 per gram. Keep in mind that this price is the wholesale value of 24-karat gold, so there are a couple of other things to keep in mind before arriving at your valuation. You should also consider the purity of your gold, as less than 24-karat gold will be worth less, as well as the condition of the metal.

2. Know the value of your gold jewelry

Along those same lines, it’s essential to know the value of your vintage estate jewelry. This differs from the price of gold because the jewelry’s purity, condition, name brand, and inclusion of gemstones can all affect the final value. While you don’t need to know the exact value, doing a quick online search can help you approximate its value so you can avoid any lowball offers.

If you want to verify your item’s value before selling it, take it to a reputable jewelry repair store for a free appraisal. They’ll be able to confirm whether your gold jewelry is real, what the purity of the gold is, what the weight of the gold is, and what the jewelry overall might be worth with all factors considered. Comparing appraisals from multiple jewelry stores can further help you solidify a fair average value.

3. Have realistic expectations

One of the most common occurrences when selling gold jewelry is sky-high expectations on the part of the seller. Many people, especially those who have inherited their vintage estate jewelry and didn’t buy it initially, have an overinflated valuation in mind.

Keep in mind that your jewelry is likely not pure 24-karat gold, and therefore you may not receive as much as you were expected based on a Google search of today’s gold prices. You’ll also have to leave room for the jewelry and loan shop to make money when they re-sell your item. They aren’t going to offer you as much as a private seller because they need to make a profit, and therefore you may be disappointed when viewing comparable private auction prices. While you should always receive a fair offer, keep in mind that a reasonable offer will likely be slightly less than the current secondhand market price.

4. Look for reputable places to sell jewelry

Finally, the most important step before selling your gold jewelry is to find a trustworthy and reputable jewelry buyer in your area. When searching for places to sell jewelry near you, look at third-party review sites and testimonials to verify their quality of work. You should also verify how long they’ve been in business, as well as whether they have proper licenses and certifications.

The best jewelry repair stores in your area will have a certified gemologist on staff who can provide transparent and accurate appraisals based on decades of industry experience. At Watch & Wares, we always have a GIA-certified gemologist available for gold jewelry appraisals and repairs.

If you want to sell your gold jewelry for cash, Watch & Wares is Orange County’s premier choice. We’ve maintained a 5-star rating over our 30 years in business because we always prioritize customer experience and display consistent integrity and transparency. Our top priority is always ensuring a discreet and trustworthy appraisal experience for our customers, so they are comfortable with their decision to sell. To schedule an appointment for a vintage estate jewelry appraisal in Orange, CA, or to find out more about Watch & Wares, give us a call at (714) 633-2030 or fill out our online contact form today.

4 Ways To Identify Your Most Valuable Estate Jewelry Pieces

It’s not uncommon for Orange, CA residents to find themselves having inherited beautiful estate or antique jewelry from a loved one. Sometimes you can even find beautiful antique jewelry at a flea market or secondhand shop. Whatever the source, many people have estate jewelry pieces that are clearly well-loved – but are they valuable?

If you’re looking to sell jewelry from your collection, you may want to know the value of the pieces so that you can determine which ones will earn you the most cash. However, getting each and every piece of jewelry appraised often just isn’t practical or possible. Before you start looking for places to sell gold jewelry in your collection, use these four tips to identify which estate jewelry pieces are the most valuable.

1. Look for Jewelry Stamps and Hallmarks

Jewelry stamps and hallmarks can almost always be found on the inside of estate jewelry pieces made with valuable precious metals. These markings will generally denote the metal content of the piece as well as the designer’s signature, manufacturer logo or country of origin.

Look on the inside of your ring or bracelet, on the clasp of your necklace, or on the post of your earring to locate the hallmark. Common stamps you’ll find include:

  • Gold: 22K, 18K, 14K, 10K, 916, 585, 375
  • Silver: 925, 800, silver, sterling
  • Platinum: 950, 900, platinum, plat

If your jewelry doesn’t have a visible stamp or hallmark, that doesn’t automatically mean it’s worthless. It’s possible the hallmark could’ve worn off from years of wear, or it simply wasn’t made with one due to specific manufacturing circumstances. If you’re in doubt, take it to Watch & Wares, the best jewelry and loan store in your area, for a professional appraisal.

2. Determine If It’s Fine or Costume Jewelry

There are two main types of designer jewelry: fine jewelry and costume jewelry. Fine jewelry is often, though not always, more delicate in design and is made with premium materials and precious stones. Costume jewelry, on the other hand, is often made with cheaper materials and is sold at a lower price point. However, if the costume jewelry is a designer brand or sought-after design, the value can be high among collectors.

Whereas fine jewelry is typically made entirely from precious metals, costume jewelry is made using a non-precious base metal such as copper, aluminum, or brass that is then plated in gold or silver. The easiest way to identify the difference is by looking for any signs of discoloration or flaking on your jewelry. If you notice a darker, silvery color under the worn-down gold, this is a sign of gold-plated jewelry. When solid gold jewelry wears down, it should remain gold through and through.

3. Identify Valuable Gemstones

Most people would correctly assume that any jewelry with gemstones is going to be valuable. However, it can be more challenging to discern which gemstones in your collection are real and which are the most valuable among those.

Older, antique gemstones are typically the most sought after because they’ve been left untreated. You can identify which gemstones in your collection are antique by paying attention to the gem’s cut. Modern cuts are precise and symmetrical, whereas older cuts are often less symmetrical and defined.

You should also note how the gemstones are set. If they’re glued onto the piece, they’re likely more cheaply made and less valuable. Fine jewelry will have diamonds held into place with an intricate setting of prongs, bezels, or channel set mountings.

4. Get an Appraisal From an Expert

Ultimately, the only way to accurately verify what your jewelry is worth is by having it appraised by a trusted professional. You can use the tips above to narrow down which jewelry in your collection is most valuable, but when in doubt, it’s best to have a professional gemologist verify the authenticity and value of any of your estate jewelry before selling. Trustworthy places to sell gold jewelry should always have a team of experts and trained gemologists that can look over your estate jewelry and offer you a no-obligation appraisal.

At Watch & Wares, we consistently offer five-star customer service, reflected in our reputation online and in the local Orange County community. As a family-run business with 30 years of experience, we place transparency, integrity and honesty at the forefront of everything we do. We have a GIA gemologist on our staff to ensure that every piece we handle is assessed properly and assigned a fair value. We want to ensure that every visit to Watch & Wares leaves you happy and confident in your selling decision. 

To find out more about our estate jewelry buying and selling services or receive a free jewelry appraisal, call us at (714) 633-2030 or fill out our online contact form today. You can also stop by our Orange, CA location Tuesday through Saturday from 10 a.m. to 4:30 p.m. We look forward to working with you!

3 Important Things To Know About Diamond Color Grading Before Selling Jewelry

If you’ve ever purchased diamond jewelry, you’ve likely heard of “the four Cs.” These four Cs — carat, clarity, cut and color — are the most significant factors in a diamond’s value. When buying and, eventually, selling diamond jewelry in Orange, CA, it’s important to know as much information as possible about these four Cs. Being familiar with them and how they affect value will help you get the best deal on a diamond jewelry piece and get the best value back when it comes time to sell jewelry at Watch & Wares, the best place to sell jewelry near you.

Virtually everybody knows the importance of a diamond’s carat, or relative size, but color is another crucial component of diamond grading. Here are three important things to know about diamond color grading before you take your estate jewelry for appraisal.

1. The Diamond Color Grading Scale

The current diamond color grading scale has been in effect since 1953, when it was first introduced by the Gemological Institute of America (GIA). The GIA is the foremost gemology institute in the country and sets the industry standard for many aspects of diamond value and appraising.

The diamond color grading scale is not like the grading system you used in school; instead, the best grade a diamond can get is a D. Colorless diamonds, the most valuable, receive a D, and the scale progresses down to a Z for the most colored diamonds.

More precisely, diamonds graded D-F are considered “colorless,” G-J are considered “near colorless,” K-M are labeled “faint,” N-R are “very light,” and S-Z are “light.” Generally, the further from D a diamond is graded, the less it’s worth. However, if a diamond is more saturated than even a Z, it’s re-classified as a color diamond and its value increases.

2. How A Diamond’s Color Is Graded

Color can be quite subjective, so the GIA needed to establish a way to objectively and consistently rate the colors of diamonds according to their color scale. The founder of the GIA, Robert M. Shipley, and his protege, Richard T. Liddicoat, achieved this by developing a set of master stones — diamonds of predetermined color against which every other diamond can be compared. 

To ensure consistency, each diamond is graded in an identical environment. Professional jewelry appraisal labs have a dark grading room with a special light box that casts a perfectly neutral white tone calibrated to Liddicoat’s standards. The stone is then positioned exactly the right away, as set by Liddicoat, and viewed through a microscope. The gemologist will compare the diamond to the master set of stones under these conditions to determine its exact color grade. This method ensures consistency and accuracy in appraising a diamond’s color and, in turn, its value.

3. Color Grading and Diamond Value

As previously mentioned, diamonds labeled “colorless” with D-F grading are the most valuable. These diamonds are incredibly rare and can cost upward of tens of thousands of dollars, depending on the other 3 Cs. 

However, although lower grades have less value, they will still appear virtually colorless to the naked eye. Because the conditions under which diamonds are graded are so specific and controlled, diamonds in the “near colorless” G-J range often appear just as brilliant to consumers as D-F diamonds and are still highly valuable. In fact, it’s only when we get to diamonds in the J-M range that we begin to see the types of stones sold at mass market jewelry stores. These stones are considered “commercial” grade and are often the most affordable diamonds you can buy without significant visible flaws.

If you’d like to determine the value of your diamond estate jewelry, including its color grading, trust the experts at Watch & Wares. We have curated a team of expert jewelry appraisers and gemologists with decades of experience working with some of the biggest names in the diamond jewelry industry. With over 30 years of business under our belts, Watch & Wares is a name you can trust for diamond jewelry appraisals.

To find out more about our diamond and jewelry buying services or to receive a free estate jewelry estimate, give us a call at (714) 633-2030 or fill out our online contact form today. You can also stop by our Orange, CA location Tuesday through Saturday from 10 a.m. to 4:30 p.m. We look forward to working with you!

When Should You Sell Your Diamond Jewelry?

Deciding the best time to sell jewelry, especially diamond jewelry, can be a tricky business. Not only do you want to make sure you’re emotionally ready to part with the piece, but you also want to ensure that you get the most money possible for your valuable item.

If you want to maximize the chances of getting the best possible price for your diamond vintage estate jewelry, make sure that you keep the four following factors in mind before searching for the best place to sell gold and jewelry in Orange, CA.

Assessing your diamond’s value

Before you visit places to sell jewelry and receive an estimate for your diamond, you should have a general idea of what it’s worth. This will prevent you from accepting ridiculously low prices from untrustworthy buyers who are only aiming to clear the largest profit margin possible.

Diamonds are appraised based on four main factors: cut, color, clarity and carat. The cut of the diamond refers to its shape. More specifically, it refers to the way that the stone reflects the light. Examples of common cuts are round, oval, princess, and pear. The cut plays a part in determining the value of the stone because some cuts are rarer and more desirable than others.

The diamond’s color is also assessed, and the appraiser will assign it a letter on the GIA color scale, with D being the most colorless and Z being the most color tinted. Color is the second biggest determination of a stone’s value after its cut, and the less color a diamond has, the more valuable it is.

The clarity of a diamond refers to the diamond’s lack of imperfections or inclusions. The fewer imperfections or inclusions a diamond has, the more valuable it is. Diamond clarity is graded on a 6-point scale ranging from Flawless (FL) to Included (I).

Carat refers to the weight of the diamond — and often, as a result, the size of the diamond. The more a diamond weighs, the more expensive it is. Carat is one of the most common terms surrounding diamond value, but it’s only one of several factors necessary for determining its value.

Secondhand diamond value

Whatever your diamond’s appraised value is, its secondhand resale value is, unfortunately, almost guaranteed to be less. This is because diamonds are similar to cars in that their value drops as soon as they’re purchased. In fact, most pre-owned diamonds will be worth approximately 33 percent of their original price. 

The main exception is if the diamond is part of vintage estate jewelry purchased many decades ago. In this case, it’s possible that the rise in diamond value over time may offset the depreciation and result in the piece being worth more than its original retail cost.

Seasonality and diamond resale value

Seasonality is an important component of the diamond retail industry since there are several times throughout the year when consumers are more likely to be looking to buy diamond jewelry. The three largest diamond-buying occasions are Valentine’s Day, Mother’s Day, and Christmas.

If you’re looking to sell jewelry this year, it may be beneficial to wait until several weeks before these holidays, when diamond buyers are looking to increase their stock levels of diamond jewelry. However, keep in mind that most consumers will purchase their diamonds from a retail store, not a secondhand jewelry buyer, and so the value for secondhand diamond jewelry will not be as greatly affected.

Diamond value market trends

Apart from the popular diamond buying seasons each year, there are also general trends for diamonds that cause the market value to fluctuate over the years. Since these can’t always be predicted, it’s advisable that you keep track of the market price of diamonds to spot the best time to sell.

In general, try not to sell during a price drop, and sell right away if you notice the market peaking. The long-term price trend for diamonds is positive, so the longer you hold onto your diamond, the more you’ll generally be able to get for it. However, if you need to sell soon, keep your eye on short-term market trends to maximize your cash.

Deciding the best time to sell your diamond jewelry can be a strategic and emotional matter. When it comes to sentimental vintage estate jewelry, only you know when it’s the right time to let it go. If you’re not yet ready to part with your diamond jewelry forever, consider a collateral loan from Watch & Wares. You can get the cash you need same-day while still retaining your diamond jewelry in the long-term with repayment of the loan.

If you’re ready to sell your diamond jewelry altogether, we can help with that too. We have 30 years of jewelry lending, buying and selling experience, and our staff is comprised of some of the most experienced professionals in the industry. Our team has worked for prestige names like Tiffany & Co., and we guarantee a luxury diamond selling experience with each visit. To receive an estimate for your diamond’s value, give Watch & Wares a call at (714) 633-2030 or fill out our online contact form today. You can also stop by our Orange, CA location Tuesday through Saturday from 10 a.m. to 4:30 p.m. We look forward to working with you!

What Are the Top Precious Metals for Jewelry and Gold Buyers

If you’re looking for a quick way to make some extra cash, selling unused jewelry or other valuables around your Orange, CA home is an easy, hassle-free method. Any fine jewelry or other items containing gems and precious metals can fetch you up to hundreds of dollars, so if you want to sell jewelry, collect some pieces that contain these four most popular precious metals.


Of the precious metals used in vintage estate jewelry, platinum is one of the most expensive and exclusive. It’s 30 times rarer than gold, and it’s used in a purer form, though it’s less actively traded than gold, making it cheaper per gram.

Platinum is famous for being dense, strong, and non-corrosive, making it ideal for jewelry that needs to be durable and stand the test of time. It is worth approximately $28 a gram, so if you want to sell jewelry for cash, get an appraisal for your platinum rings or necklaces.


Gold is by far the most popular precious metal in the world, especially for jewelry. It’s been used for vintage estate jewelry for over a millennium, and its popularity is no less today.

Gold’s value fluctuates daily, but it’s currently worth approximately $54 per gram. 24-karat gold is the most valuable since it’s made with 100 percent pure gold, but all real gold jewelry can fetch a pretty penny, so bring your vintage estate jewelry in for a free appraisal today.


Silver is another extremely common precious metal, second only to gold. Its unique shine and subtle beauty have made it a staple material for fine jewelry, with sterling silver being the most popular at 90 percent pure silver.

Silver’s current value is only $0.60 per gram, making it an excellent option for those on a budget who still want a high-quality precious metal in their fine jewelry. However, silver’s price is more volatile than gold, so monitor the market price before you sell jewelry made of silver to ensure you’re receiving the best value.


Rhodium is perhaps the least common precious metal of the four, but it’s the most expensive. Valued at approximately $482 per gram, most rhodium-inclusive jewelry will be rhodium-plated rather than entirely made of rhodium in order to reap the precious metal’s benefits without skyrocketing the cost.

Rhodium is incredibly durable, standing up to corrosive materials and maintaining its shape even at temperatures in the thousands. Rhodium jewelry is often shinier and more durable than other jewelry, and it typically won’t scratch, dent, or corrode at all over time. If you’ve inherited rhodium vintage estate jewelry, you could cash in your piece for up to thousands of dollars.

If you want to sell jewelry made of precious metals, Watch & Wares can provide a free, no-obligation appraisal. We have decades of experience buying and selling premium jewelry, and we offer some of the most competitive rates in the area.

To experience the Watch & Wares difference for yourself, give us a call at (714) 633-2030 or fill out our online contact form today and get started with a free jewelry appraisal. You can also stop by our Orange, CA location Tuesday through Saturday from 10 a.m. to 4:30 p.m. We look forward to working with you!