Types of Jewelry

Type Materials Value Driver
Fine Jewelry Gold, platinum, precious gems Metal/gem value + craftsmanship
Designer Varies (Tiffany, Cartier, etc.) Brand name premium
Vintage Costume Base metals, rhinestones, glass Age, brand, style
Fashion/Modern Costume Plated metals, synthetic gems Usually low value
Sterling Silver 92.5% silver Silver weight + design

Testing & Identification

Hallmarks to Know

  • 10K, 14K, 18K, 24K: Gold karat (purity)
  • 585: 14K gold (European marking)
  • 750: 18K gold
  • 925, Sterling: Sterling silver
  • Plat, PT950: Platinum
  • GF, 1/20 14K: Gold filled (not solid)
  • GP, HGE: Gold plated (low value)

Testing Tools

  • Loupe (10x): See hallmarks, quality indicators
  • Magnet: Gold/silver are NOT magnetic
  • Acid test kit: Definitive karat test
  • Digital scale: Weigh for scrap calculations
  • XRF machine: Pro-level, non-destructive testing

Pricing Strategies

Scrap Value Calculation

Gold scrap = Weight ร— Karat purity ร— Spot price ร— 70-80%

Example: 10g of 14K gold at $60/gram spot = 10 ร— 0.585 ร— $60 ร— 0.75 = $263

Designer Premium

  • Tiffany & Co: 2-5x+ over metal value
  • Cartier: 3-10x+ for iconic pieces
  • David Yurman: Strong secondary market
  • Pandora: Limited premium, high volume

Vintage Costume Brands

  • Miriam Haskell: $50-500+
  • Weiss: $30-200+
  • Eisenberg: $50-300+
  • Trifari: $20-200+
  • Coro: $10-100+
  • Monet: $5-50+ (common)

Where to Source

  • Estate sales: Often underpriced, check jewelry cases
  • Thrift stores: Hit or miss, check everything
  • Garage sales: People don't know values
  • Pawn shops: Buy below retail, sell higher online
  • Auctions: Estate auctions, storage units
  • Jewelry lots: Liquidation lots online

๐Ÿ’ก Pro Tip: Always test EVERYTHING. That "gold" ring could be plated. That "diamond" could be CZ. Testing takes seconds and saves money.

Where to Sell

  • eBay: Largest market, authentication available
  • Poshmark: Good for fashion jewelry, lower fees
  • Etsy: Vintage jewelry (20+ years), handmade
  • The RealReal: Luxury designer pieces
  • Ruby Lane: Vintage and antique focus
  • Scrap buyers: For broken/damaged gold/silver
  • Local jewelers: May buy or consign quality pieces

Red Flags

  • Green skin marks: Indicates copper/cheap metal
  • Magnetic: Not gold or silver
  • Too cheap: If deal seems too good, it's fake
  • No hallmarks: Could still be real, but test carefully
  • Worn plating: Shows base metal underneath
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