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If you have recently inherited jewelry from a family member who has passed away, you could be thinking about putting it up for sale so that you can get some cash for it. If you're looking for advice about selling jewelry that you have inherited, check out these tips.
1. Save a Few Pieces
First of all, before you sell all of the jewelry that you have received, you might want to look through it to see if there are any pieces that you might want to keep. There might be a vintage piece that will make a great addition to your collection, or there might be a piece that really reminds you of your family member who has passed away.
2. Give Loved Ones First Dibs
Just as there might be a few pieces of jewelry that you would like to keep, you might have family members or friends who are interested in looking through the jewelry, too. This is especially true if they knew or were related to the person you inherited the jewelry from.
3. Understand Its True Value
Before you start selling any of your jewelry, you should make sure that you have a solid understanding of what it is worth. This is a good way to help make sure that you get the money that you deserve for the pieces that you are selling. Have the pieces appraised, or do a little research online to find out what similar pieces might be selling for.
4. Sell Broken Pieces to a Gold Buyer
If some of the jewelry that you have received is broken or otherwise damaged, you might not think that it's worth much of anything. However, many gold buyers will purchase gold jewelry -- and other gold items -- no matter what condition they are in. This is because the gold itself has value and can be melted down and used for other things. Therefore, consider taking broken or damaged items to a gold buyer so that you can get cash.
5. Hold On To Pieces You Don't Get a Good Offer On
Unless you have to, avoid selling any pieces that you don't get a good offer on. You may find that these items will become more valuable with time if you just hold onto them.
Selling jewelry that you have inherited can be a good way to get cash money for it, and the tips above can help you do it even more successfully.