Fair Market Value of Your Jewelry
People are typically not objective about assigning a realistic value to their jewelry, so it’s important to have a trusted professional provide thorough evaluation before you make the decision to sell. No matter how much a piece is worth monetarily, the market price is limited to what a buyer is willing to pay. Unlike auto prices that can be based on Blue Book values, the market value of a piece of jewelry may be influenced by several factors, including fashion trends, provenance, or even the piece’s previous owner. It isn’t unusual to see a piece of jewelry that would typically command a significant amount of money fail to sell due to current styles or the market in which it is being offered.