If you looking for the best place to auction antique jewelry, Diamond Estate Jewelry Buyers has a better alternative. We have helped thousands of people around the country sell antique jewelry, while eliminating the substantial fees, wait, and uncertainty associated with large auction houses and online jewelry auctions.
Many people believe that auctioning antique and vintage jewelry is the best way to obtain a best cash offer for their items. Beyond traditional auction houses like Christie’s and Bonhams, there are internet auction portals like eBay and new online auctions specializing in valuable vintage and antique jewelry.
However, if you have never tried to auction antique jewelry, you may be unaware of all that needs to be considered when making a smart selling decision. So, let’s cover some of the important issues now and explain why thousands of clients have chosen Diamond Estate Jewelry Buyers as the best place to sell an antique brooch, ring, necklace or earrings.
Auctioning Antique Jewelry at an Auction House
Sellers who wish to auction extraordinary antique jewelry that is valued into the five and six figures often look toward a prestigious auction house like Sotheby’s or Christie’s, who have long traditions of selling rare antique jewelry from the Victoria, Edwardian, and Art Deco periods.
What these sellers often do not realize is that auction houses charge more than just a commission on the final sales price. When auctioning antique jewelry, there are also associated fees which can ultimately add up to 40% of the final hammer price.
In other words, after waiting up to six months for the jewelry auction to take place, you may end up receiving only 60% of the final sale price (IF your antique item sells). And if your antique jewelry does not sell for the reserve price, you will actually lose money—because you still will be charged photography and processing fees.
That is why so many sellers of valuable antique necklaces, brooches, and rings choose to sell their item(s) to Diamond Estate Jewelry Buyers. We often can provide you with a generous cash offer that comes close to the final amount you might have received when auctioning your antique jewelry through a traditional auction house—and there is no wait or hidden fees attached.
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Auctioning Vintage & Antique Jewelry at an Online Auction
In the past couple years, some online jewelry auctions have emerged which promise to get you more money for your antique bracelets, rings, and pendants. It is always a good idea to approach these online jewelry auctions with caution.
Keep in mind that an online jewelry auction is only as good as its network of buyers–and it takes many years (if not decades) to establish a strong international network of antique jewelry collectors and estate buyers.
The only online antique auctions worth considering are those who have a deep background in antique jewelry that can be easily verified. Their antique “experts” should provide first and last names, so their credentials and experience can be assessed. And the business should be registered with the Better Business Bureau with an A rating.
Also be aware of the potential for inflated initial appraisals when dealing with online auctions that sell antique jewelry. An inflated antique jewelry appraisal is how an unscrupulous online jewelry auction can convince you to sell your item with them. The final sales price could be well below that initial antique appraisal, and you could be on the hook for selling your antique jewelry at that much lower price.
Check whether the auction website is publishing prices from past antique jewelry auctions. While the auction prices you see may be higher than what your local pawn shop or jewelry store offered, it could be thousands of dollars less than what a professional jewelry buyer like DEJB would pay you for your antique ring, necklace, or brooch.
Why is the amount so much less? Because the vast majority of antique jewelry buyers at online auctions are wholesale antique dealers who will pay you the wholesale dealer price for your antique jewelry, minus the commission and fees taken by the auction. When all is said and done, you are basically adding one more middle man (i.e. the auction) between you and the wholesale antique buyer, which ends in you getting substantially less money for your antique jewelry than if you had gone directly to a high-paying honest antique jewelry buyer like Diamond Estate Jewelry Buyers.
How do we know all this? Because we often work with clients who have tried for months to sell their antique jewelry via an online jewelry auction–and who are shocked at how much higher our offer is compared to what they had received and almost accepted.
When you sell your antique jewelry to Diamond Estate Jewelry Buyers, we eliminate the auction middle man and all of the uncertainty that comes with trying to auction antique jewelry. Our owner Carl Blackburn is an internationally-recognized fine jewelry designer and one of the most trusted buyers of antique jewelry in the country. He and his team bring 50+ years of combined expertise to the table when purchasing your antique and vintage jewelry. We tell you exactly how much your antique jewelry is worth (explaining in detail how we have arrived at that price). And we pay you immediately in cash.
Should I Auction My Antique Jewelry on eBay?
When it comes to auctioning vintage and antique jewelry on eBay, this generally works best only for those who are established fine jewelers who have bricks-and-mortar businesses.
There are simply too many fake pieces of antique jewelry on the market. Thus the potential for fraud is too great for most buyers to risk spending thousands of dollars on an antique ruby ring or vintage diamond earrings on eBay—even with the increasing safeguards that eBay has put into place.
Sellers should also take into account the hassle and time involved in setting up a proper and professional looking eBay listing for their antique jewelry—including well-written text descriptions, quality photographs, etc.
In contrast, selling your antique jewelry to Diamond Estate Jewelry Buyers is very easy and fast. By using our highly-secure Sell From Home service you can be guaranteed a fair and prompt cash offer for your antique jewelry, while having complete confidence in the security and confidentially of the process.
Let us help you sell your rare antique jewelry and other vintage estate jewelry today. Call our friendly and knowledgeable staff to arrange a free, no obligation, appraisal of your valuable fine jewelry heirlooms.