We determine the value of your jewelry based on a combination of its:
The essential value for most jewelry is what it is worth if you reduced it to its basic elements and considered the purity, quantity and rarity of those elements, notably the gemstones and precious metals. To put it another way, an ounce of 14-karat gold is worth an ounce of 14-karat gold. That essential value forms a starting place, which is built on by considering the remaining criteria.
Some gemstones are considered to be more valuable than others. For example, high quality rubies, emeralds and sapphires (the Big Three) are more likely to command a higher price than amethyst or other semi-precious stones.
Again, the quality of these stones vary greatly so we take all factors into consideration when buying a piece. Sometimes we will offer to remove a stone and return it to the customer rather than offering them a small amount of money for it. The market is quite literally saturated with stones at this time, driving values down. Exceptional pieces are always held on their own merits, however, and will be treated as special.
Obviously, any significant damage to a piece of jewelry can devalue it. However, all jewelry is expected to undergo wear and tear, especially antique and estate pieces.
Antiques may actually become devalued depending on whether they have been repaired, restored or altered, and the quality of work that was done to it. It all depends on the piece, but it is a factor that can lend to a piece’s value.
We have accumulated experience at Design One Jewelers since 1980, and we want to use that knowledge to help you with all your jewelry needs.
Do you have a question that you’d like to ask before heading out the door to the shop? Drop us a line. We will answer your questions to the best of our abilities, but feel free to look around our site too. You may just find the answer you’re looking for right here!
If you would like to send us pictures or other attachments, just let us know in your message above. When we respond to your email, you’ll have an address which you can use to send us your attachments.