How To Effectively Prepare to Sell Your Vintage Estate Jewelry

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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

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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

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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

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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?

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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

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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.

Platinum

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

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

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

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!

4 Tips for Choosing the Best Jewelry Repair Store

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Do you have a ring that’s too tight? A necklace with a broken clasp? Maybe the strap has broken on your Rolex watch. Whatever the case, jewelry repair is an inevitable part of life, so it’s best to have an expert jewelry repair store that you can trust with all your valuable pieces.

Jewelry and watches are often more than just monetarily valuable; they hold great sentimental value that makes them devastating to break or lose. When it comes to such beloved items, you need and deserve a jewelry repair store that you can unwaveringly trust with high-quality and speedy repairs. Here are four tips for choosing the best jewelry repair store for your luxury goods.

1. Get a Free and Detailed Appraisal

Any trustworthy jewelry repair store will provide a free, no-obligation estimate for all repairs. You should never pay for a jewelry repair estimate, so if your local jeweler won’t offer you an appraisal for free, cross them off the list.

In addition to the estimate being free, it should also be detailed. More than just the final price, your free estimate should include a list of all the repairs they intend to make. This will allow you to envision the final result and ensure it’s the same as what you have in mind. 

You should feel completely comfortable throughout the estimate process, and any trustworthy jewelry repair store should aid this in every way possible.

2. Don’t Just Choose the Lowest Price

It’s always worth getting more than one estimate on jewelry repair to compare and ensure that you’re receiving the best combination of value and quality. While you want to remain within your budget and get a fair price for the repair work, you also don’t want to simply choose the cheapest price.

Dirt cheap estimates are often so much cheaper for a reason — the quality of the work is sub-par. When it comes to sentimental pieces like estate jewelry or valuable pieces like a Rolex watch, you want peace of mind that your goods are being repaired properly and will hold up over time. When you choose cheap estimates, you run the risk of choosing a jewelry repair store that’s cutting corners, potentially costing you more in the long run.

Choose an estimate that is a fair value, but make sure that the price also reflects the quality of the work you’re receiving. Choose a jewelry repair store with expert knowledge, state-of-the-art tools, and verified 5-star customer service.

3. Ensure a Reasonable Timeframe

When collecting estimates, you should receive an estimated timeframe for the repairs as well. Ensure that the work will be completed promptly and choose the jewelry repair store offering a reasonable timeframe and fair value.

Some repairs can be done on the spot as you wait, while others can take several weeks. There are very few, if any, repairs that take months, so be wary of any estimates that have an extremely long repair time. Collecting more than one estimate can also be beneficial for comparing timeframes and assessing what the average expected completion time should be for your item.

4. Don’t Allow Items to Be Shipped Back

There are many online jewelry repair companies that ask you to ship your valuables to them for repair. They then ship the item back to you once the repair has been completed. While this can be convenient, the risk isn’t worth the reward. 

Shipping any item, especially valuable jewelry, puts it at risk for damage or loss in transit. Only choose jewelry repair stores that will hand-deliver all repairs in-store. You should be able to pick up your gold jewelry and assess the repairs in person to ensure that they’re up to your standards.

If you want the best jewelry repair that Orange County has to offer, Watch & Wares is the premier choice. Our decades of experience make us the jeweler that other jewelers turn to when they need help. Our master jeweler boasts over 35 years of experience in the field of jewelry repair, and we use state-of-the-art tools to repair and restore jewelry pieces to their original state. Some of our customers have said that once we’re finished, their jewelry looks even better than new. 

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 repair estimate. 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!

Is Now a Good Time To Sell Your Gold Jewelry for Cash?

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Selling your neglected luxury goods is a great way to make some extra money from items you’re no longer getting daily use from. With so much uncertainty in today’s world, being proactive and ensuring you have more cash than you need is always a good idea.

Whether you’re seeking extra spending money for a vacation or you want some cash stored away with the economy in flux, many Orange, CA residents are now looking to sell gold jewelry for cash. But, how do you know whether now’s the right time to sell?

Selling vs. Pawning Gold Jewelry

The best jewelry and loan stores in your area will offer both gold buying and collateral loan options. If you’re unsure whether now is the best time to sell your valuables but need the cash urgently, using your gold jewelry as collateral for a loan can be a win-win.

If you have an emotional attachment to the piece or simply don’t think it’s the right time to let it go permanently, find a cash jewelry & loan store that offers transparent and fair collateral loan terms. If you don’t want to take on any debt or if you want to declutter the item from your home, selling for cash will be your best option. 

Regardless of which option you choose, however, you’ll want to have an idea of the value of your gold jewelry to ensure you receive a fair price. This starts with knowing the price of gold and what the market looks like. It’s always best to sell at a high point, if possible, to get the best value.

Gold Prices Right Now

As of June 2022, gold prices are hovering at approximately $1,800 per ounce. The price of gold has increased steadily over the past 20 years, up from $430 per ounce in April 2001. 

However, the World Bank predicts that the price of gold will steadily decrease over the next decade. Indeed, the current gold price is $200 per ounce less than it was this time two years ago.

Based on these estimates, the best time to sell your gold is now. The sooner you sell, the more you’re likely to get for your gold jewelry and other gold valuables. While you should never sell until you’re fully ready, if you hold onto your gold jewelry for too long, you could receive hundreds of dollars less for your valuable items.

The Gold Jewelry Selling Process

If you’re ready to sell your gold jewelry, the first step is to find a trusted gold jewelry buyer. Don’t just Google “jewelry and gold buyers near me” and pick the first result; make sure you’re choosing a buyer with a long reputation for premier customer service and satisfactory transactions. Verify third-party reviews and ask people around you for references.

Once you’ve chosen your jewelry buyer, the selling process should be straightforward and hassle-free. At Watch & Wares, we offer no-obligation appraisals on gold jewelry, either through appointment or same-day walk-ins. One of our highly trained and experienced team members will evaluate your item considering its condition, age and brand, as well as the current market price of gold.

Once we’ve assessed your piece, we’ll offer a fair market value for your item. We consistently provide some of the most competitive rates in the area, so you can trust that you’re getting the best deal possible when you choose Watch & Wares. If you accept the sale price, we’ll provide you with cash same-day for your gold jewelry.

If you’re ready to sell gold jewelry for cash and looking for a good place to sell gold, look no further than Watch & Wares. For the past 30 years, we’ve been Orange County’s premier destination for cash jewelry & loan services.

We offer a 5-star experience that prioritizes your comfort and confidence in the transaction. We’re fully transparent throughout the process, offering no-obligation estimates on all your gold jewelry and luxury goods. We have a trained gemologist on staff, and our team has decades of experience at some of the biggest names in fine jewelry.

If you’re sick of Googling “jewelry and gold buyers near me” and simply want the best and most trustworthy experience possible, 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!

How Do We Determine the Worth of Your Estate Jewelry Engagement Ring

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Whether you have estate jewelry for sale or want to buy estate jewelry engagement rings, the price of the item is undeniably the biggest factor for our clients. Appraisal value and being confident that the value is fair are crucial for a confident transaction, so we always strive to be transparent in our appraisal process. Whether you want to be confident in your sale price or set a budget for buying an engagement ring, here is how we determine the value of estate jewelry engagement rings.

1. Cut

Before you start looking up where to sell gold jewelry for cash, you’ll need to familiarize yourself with the cut of your ring’s precious stone. The cut of your diamond is one of the most significant determining factors of your estate jewelry engagement ring’s value. The cut refers to the shape of the stone — round, oval, princess, pear and more.

The cut is such an important factor because it affects other aspects of the ring’s appearance, such as brilliance and symmetry. Shapes such as round brilliant are highly valuable because of their flawless 360º appearance. Cuts are graded as excellent, very good, good, fair or poor, with the grading reflecting directly on the sale price.

2. Color

The stone’s color, or lack thereof, is another crucial factor in pricing your estate jewelry engagement ring. Diamonds can be graded as brown, yellow or colorless, with less color correlating to higher prices.

Diamonds are graded with a letter ranging from D to Z, with the most valuable — and colorless — diamonds receiving a D. Since people want the clearest, most brilliant stones possible, less tinted diamonds receive the highest valuations.

 

3. Clarity

Similarly, the clarity of your diamond affects its appraisal value. Even the most translucent diamonds can include imperfections that make them less valuable.

Imperfections or inclusions are created when crystals fall into the stone while it’s being formed, affecting the structure of the diamond. Diamond clarity is graded on a 6-point scale ranging from Flawless (FL) to Included (I), with the former being the most valuable.

4. Carat

Carat is one of the most recognizable terms related to diamond pricing. However, many people think that the carat refers to the size of the diamond, when in fact, it refers to the weight of the stone.

Two diamonds of the same carat can appear to be different sizes based on how they’re cut, so it’s important to take this into consideration when browsing estate jewelry engagement rings. It’s also why weight and cut must both be taken into careful consideration during an appraisal.

Here 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 estate jewelry engagement ring appraisals.

 

To find out more about our diamond and jewelry buying services or to receive a free estate jewelry engagement ring 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!

4 Reasons Selling Your Luxury Items In Person Is Better Than Craigslist

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Spring cleaning season is in full swing, and many of us have items lying around our homes that aren’t getting the use and love they once did. If you’re looking to sell these items and pass them on to a new home, then the first place that many people think of is Craiglist.

While Craiglist can be an excellent tool for quickly getting rid of unwanted items, they’re not always the safest or the best place to sell gold jewelry or other luxury goods. Here are just a few reasons why selling in-person to nearby gold buyers is better than selling on Craiglist.

1.Safety & Security

One of the biggest drawbacks of using Craiglist when you sell jewelry for cash is the potential lack of safety. Anyone can come across your listing and contact you to meet, even if they have no intention of pursuing an honest and fair transaction.

Craiglist holds the potential risk to your personal safety as well as the safety of your item. When you sell gold jewelry for cash in person at a pawn shop or gold buyer, you can be sure that the transaction is fair, secure and completely safe.

2. Instant Gratification

If you need cash same-day or as soon as possible for your luxury goods, there’s a good chance you won’t get it using Craiglist. In addition to the time required to write the ad, take photos and post the ad, you also need to wait for an interested buyer to message you, message them back, negotiate a price and coordinate a date and time to meet.

When you sell jewelry to a nearby gold buyer in person, you can walk in same-day and receive a free appraisal for your luxury item. If you accept the store’s offer, you can walk away with cash the same day. Even if you don’t need the cash right away, selling in-store is still a much easier and more convenient process that leaves you with more time and money to spend.

 

3. Convenience

Speaking of convenience, it’s also an important factor when deciding on the best place to sell gold jewelry. When you choose to sell to a nearby gold buyer, you can enjoy greater flexibility in the selling process. 

You can receive a free appraisal for your item, choose between a permanent sale or a temporary loan, and even search for other items to buy. You can experience everything in person, from watching the gemologists appraise your valuables to trying on other luxury goods available in the store.

4. Collateral Loan Option

That greater flexibility includes the option for a collateral loan. When you use Craiglist, all sales are permanent, and there’s little to no chance of getting your item back if you have any regrets.

When you choose pawn shop loans from a trusted gold buyer, you can choose to sell your item outright for cash or loan it for a months-long period. If you choose a collateral loan, you can receive your item back once the loan is repaid in full, so you get the best of both worlds — the cash you need and the item you love.

Watch & Wares offers safe, secure, and trustworthy collateral loans on gold jewelry and a wide range of luxury goods. Our generous loan terms include a four-month loan time with a 10-day grace period, as well as state-regulated taxes. If needed, you can even renew the loan by paying off the interest owed.

 

Here at Watch & Wares, we care about you and your luxury items. We pride ourselves on providing a premier customer experience that leaves you comfortable and confident in your buying, selling or loaning decision. We have a curated team of expert jewelry appraisers and gemologists with decades of experience, and with over 30 years of business under our belts, Watch & Wares has proven itself to be the best place to sell gold and jewelry in Orange, CA. 

To find out more about our diamond and jewelry buying services or to receive a free 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!