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Élan Diamond Group | Atlanta, GA | Estate Jewelry & Luxury Watch Blog

Saturday, 29 April 2017 12:53

6 Tips to Sell Gold for Cash

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Since antiquity gold has been a symbol of wealth, power, and position. It was popular because of its value, aesthetics and malleability. It's popular today for those same reasons. If you have gold jewelry you no longer want, it's possible to turn it into cash. But before you do, here are some things you need to know about selling jewelry in Atlanta, GA. 

Cash for Gold

Quality

Know the quality of the jewelry you plan to sell. Karat is a measure of the purity of gold jewelry. A jeweler, pawn broker, gold refiner or scrap gold dealer will buy your old gold jewelry at a price based on the weight of the gold content, less a handling fee. Jewelry can be 10-, 14-, 18- or 24-karat gold. 

24k gold is 100% gold. 14k gold is 14 parts real gold and 10 parts other metals, or 58% gold and 42% other material. When you sell jewelry for gold, you're paid only for the parts that are pure gold. The jewelry is melted down, the gold extracted, then resold. If a jeweler has an in-house designer, they may use it to create new jewelry. 

Weight

Pure gold is typically sold by the ounce; karat jewelry is usually sold by the gram. You have to convert ounces to grams to determine the cost of gold in a particular piece of jewelry.

Sellers need to pay close attention to the way their gold is being weighed and how they're being paid. Some buyers weigh gold using pennyweight (1.555 grams), then pay out by the gram. This practice gives them a larger profit. You want the same method to be used for weighing and paying for the gold.

Appraisals

It makes sense to sell gold for weight when you have broken pieces or earrings without a match, but antique, designer, or intricate pieces should be appraised before you sell. Some pieces are more valuable if they can be resold. In other cases, you may decide a piece has more sentimental value than the price you can get.

Reputable Buyers

Your best option is to sell to someone who has developed a good reputation in your community. If that isn't possible, when you find a buyer, check with the Better Business Bureau to see if there have been complaints, and find out if they belong to a professional trade association, such as Jewelers of America or National Pawnbrokers Association.

Be wary of transient buyers who set up in a hotel or mall and be careful with online buyers. Never ship your jewelry to, or leave it with, a potential buyer without photographing and documenting the pieces, and always read and understand the fine print.

Cash for Gold

Shop Around

Offers can vary significantly, so you always want to get multiple bids. .

Be Realistic

Know the current market price for gold. Understand that you won't get that price, but knowing it will give you a frame of reference. Even if you have a pile of gold estate jewelryto sell, by the time it's melted down and the impurities are removed, there may not be as much gold there as you had hoped. So temper your expectations and don't expect to get rich.

Last modified on Thursday, 20 July 2017 06:03
Wednesday, 26 April 2017 06:49

5 Methods of Selling Old Diamond Jewelry

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Turning diamond jewelry into cash can be a tricky business. Unlike precious metals, diamonds have no consistent, quantifiable value, which makes determining the market price of your piece very difficult. Additionally, each venue you consult about selling your piece does business differently, which results in wildly different mark-ups and/or commissions. These variations in business practices translate into significant legwork for you as you seek out the best buyer for your diamond. With this in mind, if you are ready to sell old diamond jewelry in Atlanta, here are a few things you need to do first:

Diamond jewelry

  • Determine what you have. Just because your piece was grandma's favorite doesn't mean it's valuable and doesn't even mean it's really a diamond. If you do not have any paperwork about the piece from when it was originally purchased, you need to get it appraised. Before you pay for an expensive appraisal, consider taking it to a few pawnbrokers or diamond dealers. They may give you a free appraisal. If you go that route, have it appraised by several shops to help you zero in on a value.
  • Clean it up. Before you pay for a professional cleaning, do some careful work on the piece yourself. A soft toothbrush and a paste made from warm water and dish soap or baking soda will usually return the luster to a piece of jewelry. Exercise caution, though, especially if the jewelry is quite old or damaged in any way. The better your piece looks, the more you will be able to get for it.
  • Be emotionally ready to part with the piece. Before you go out and try to find a buyer, make certain you are genuinely ready to sell. If you love the piece or it is a treasure, maybe selling it isn't your best option, as you will never be satisfied with the money you get.

Diamond jewelry

Once you have determined a value for your piece, have it looking its best, and are ready to sell, you need to find a buyer. The following are 5 methods you can use to sell your piece:

  • Sell to a diamond dealer. You won't necessarily get top dollar from a dealer, as it's their plan to resell the piece for a profit, but the trade-off is that the process will be easier for you. Choose a dealer that you trust. They should be registered with the American Gem Society and have a good rating with the Better Business Bureau. 
  • Sell to a consignment shop. You will get a better price than a dealer, but the shop will take a commission. Know the commission rates ahead of time and choose a shop with strong references, as you will need to leave your diamond with them.
  • Sell to a pawnbroker. Good pawnbrokers are hit and miss, so you will need to shop around to find one you trust that will give you a good price. The advantage to pawning your jewelry is that the process is fast. You can get cash very quickly once you make the decision.
  • Sell using an online retailer or auctioneer. There are several very good online sites that can help you get the word out about your piece. You need to take very good pictures that present your piece in the best light and you need to be patient.
  • Sell directly to the public. Eliminate the middlemen and sell the piece direct. You will get all the proceeds, but you will need to have a high tolerance for negotiation.

Get started selling your old diamond jewelry today!

Last modified on Friday, 26 May 2017 12:48
Saturday, 22 April 2017 06:30

How to Locate the Best Melee Diamonds

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Melee diamonds are often referred to as “diamond chips” by the general public, but you won’t hear professional diamond buyers in Atlanta using that term! Melee diamonds are any gems under .18 carats, and because of their small size, professionals often sell and buy these tiny diamonds in parcels and lots. It’s uncommon to see melee used as a centerpiece in a ring, necklace, or bracelet, but these stunners can add decorative detail, sparkle, and the wow-factor to just about any gemstone setting.

So, who buys melee and why? And where can you find the best melee? 

Melee Diamonds

Diamond Buyers in Atlanta

Obviously, jewelers are prime customers for buying melee, because they can use the stones to enhance just about any jewelry piece. Many jewelers will buy melee in parcels or lots from professional sellers, but they’ll also purchase melee from individuals unloading estate jewelry or someone looking to sell their old jewelry to pay bills or make ends meet.

However, like gold and silver, now many investors are purchasing loose stones, like diamonds or even melee, to round out their investment portfolios.

The bottom line is melee are valuable gemstones, so if you’re looking to buy or sell melee diamonds in Atlanta, recognize that though small, they have real value to a variety of sellers and buyers.

Buy Diamonds in Atlanta

So, if you’re in the market to purchase melee, what can you do to find the best possible melee for the best price?

First, use a trusted jeweler. The value of the melee--like all diamonds--is determined in part by weight. When you’re talking diamonds as small as .001 carats to .18 carats, every hundredth of a carat counts. If you’re looking for individual melee to design or craft a custom-made ring or showpiece, a trusted jeweler can assist you in finding just the right size and shape melee to work with the design you have in mind.

If you’re buying melee as an investment, you will probably be buying in parcels or lots. Available parcels or lots will be graded, weighed, and priced accordingly. In the diamond business, grading diamonds and melee is considered an art form, so you’ll need the services of a jeweler to assist in your diamond-buying task. Prices can vary dramatically, but you’ll want a trusted and experienced jeweler on your side to keep you from overpaying. Your best bet is dealing with an experienced jeweler who can offer you an accurate value of the melee you’re considering.

Melee Diamonds

Sell Diamonds in Atlanta

If you have fine jewelry you rarely wear taking up space in your jewelry box, chances are good that it contains melee. Though many people consider selling their fine jewelry to pawn shops, this isn’t recommended. Pawn shop owners typically aren’t jewelry experts, and they may overlook melee in their purchase price calculations. An experienced jeweler knows better. Melee is a valuable part of any watch, ring, or necklace, and a jeweler will add that value to the purchase price.

Whether you’re looking to buy or sell melee for a personal reason like crafting your own custom designed jewelry or hoping to hold diamonds as an investment, you shouldn’t attempt to buy or sell melee without the assistance of an experience and trusted jeweler. The best melee diamonds can be found at fine jewelry stores.

Last modified on Friday, 26 May 2017 12:58
Monday, 17 April 2017 06:02

Guide to Finding the Best Cartier Watch Buyers

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A Cartier timepiece is a true treasure, a fine watch that has been expertly crafted to be brilliantly fashionable and reliably precise for a long time. In fact, Cartier watches can even be handed down through generations as proud heirlooms. And while they are incredibly reliable, you may find yourself on the hunt for Cartier watch buyers in Atlanta. Why would you want to sell a luxury watch that is so reliable and stylish? Precisely because it is such a renowned timepiece! If you have a Cartier watch in your possession, you can trade it in for a great sum of money—provided you find the right buyer, that is.

Men’s luxury width=

So where are the best places to sell luxury watches? Here is a helpful guide to get you started:

  • You don't have to be strapped for cash in order to sell a Cartier watch. Selling watches for cash is a great solution if you are tired of wearing the same old watch and want a newer model, or if you want to upgrade from a more affordable Cartier to one of their higher-end designs.
  • Cartier watches of all styles are worth an impressive amount of money, from casual watches to more formal pieces, leather-strapped to gold-band watches, or female and male designs.
  • Mechanical watches may be more valuable than battery-operated Cartier watches because they are built to last a long time. However, watches that run mechanically may require more maintenance, so it would be wise to get your watch serviced before you try to sell it. A watch in top shape will sell for top dollar.
  • Estimating the value of a Cartier watch depends on several factors, including the original price of the item, its age, the condition of the piece, and even the style of the watch. The best place to start is with a professional watch buyer specializing in buying and selling fine jewelry. 
  • Do not take your Cartier watch to a pawn shop or an individual collector. They do not have the expertise to properly appraise your watch and will lowball you with a measly selling price. Professional buyers know how to estimate the true value of a Cartier watch and will give you the best price. 

Women’s luxury watch

  • Similarly, avoid auction houses and specialty stores because they do not specialize in jewelry and precious metals. People who can appraise antiques and art may not be able to appraise the value of a Cartier watch.
  • If you are still thinking, "I don't know where to sell my watch in Atlanta," then start by researching professional jewelry buyers. Note that they may advertise themselves as diamond, silver, or gold buyers; anyone with an eye for precious metals will take interest in a real Cartier watch.
  • Find buyers that have many years of experience, who buy and sell in a secure environment, and are not just looking for scrap metal. A Cartier watch is worth more than the scrap value of its metals; its style and precise design make it far more valuable.

Use this guide the next time you want to sell a beautiful, high-end Cartier watch. Cartier watch buyers in Atlanta will be more than willing to pay top dollar for such an impressive timepiece.

Last modified on Thursday, 25 May 2017 06:29
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If you're looking to sell estate jewelry or have some fine jewelry of your own that you just don't wear anymore, you can get a great price if you know where to look. There are many companies that post advertisements saying, "We buy used jewelry" in Atlanta, but it's crucial that you find a reputable company so you know you're getting what you deserve for your used jewelry. Very few jewelry buyers in Atlanta are actually fully qualified to evaluate your pieces accurately and fairly. Follow these simple guidelines in order to find the best place to sell your fine jewelry.

Grading a Diamond

Avoid Cash-for-Gold Companies

Many fast-cash gold companies will buy much more than gold, even though that's their specialty. Evaluating the value of gold jewelry is relatively easy based on the current market rate, but getting the right price for diamonds is much more complex.

Since these gold-based companies are mostly interested in gold jewelry, you'll usually get a minimum offer for diamonds and they won't be properly graded. Even if a gold company says they'll buy your diamond, you'll get much more out of it by taking it to an actual diamond specialist.

Look for GIA Graduates

The three C's used for diamonds in the jewelry industry today (cut, color, clarity) were created by the Gemological Institute of America. And since the intrinsic value of a diamond is directly related to its characteristics, working with someone who can accurately grade that diamond is essential.

GIA graduates are usually the best choices when it comes to getting your diamond properly graded. If you think you've found the right company to grade your diamond jewelry, ask them if they have any GIA graduates on staff or at least if the graders are closely associated with the GIA.

Look for Reputable Review Sites

When looking for reviews of various diamond grading companies online, use your time wisely. You could spend forever looking at reviews on independent sites, but there's no guarantee the reviews are accurate or verified. Always go to reputable review sites to do research. Sites like Angie's List and the Better Business Bureau are great places to find direct customer reviews.

You want to make sure you'll be working with a company who has earned their good reputation through hard work and outstanding service, not a company who simply buys good ratings through unverified reviews.

Grading a Diamond

Avoid Strictly Online Deals or "Businesses"

Jewelry-buying scams over the Internet are more common than you think. You can never trust that someone will give you an accurate price for your diamond if they've only seen pictures. If the offer seems too good to be true, it most likely is. Never send your jewelry to a company claiming to want to buy it, even if they've already deposited money in your PayPal account. The money can be taken away as soon as the jewel is in their possession. When it comes to grading and buying diamonds, it must be in person.

Established estate jewelry buyers in Atlanta with decades of experience, along with a brick-and-mortar location, are essentials to making sure you will get an honest value for your diamond.

Last modified on Thursday, 25 May 2017 06:27
Friday, 14 April 2017 11:38

Finding the Best Prices to Sell Gold and Silver

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Whether you have amassed an enormous antique coin collection, own a few vintage jewels, or simply want to determine the value of current gold and silver products you own, you should know that you can make a serious amount of money if you sell them properly. Gold and silver, like almost nothing else, retains value and even appreciates under some circumstances. This means that whether you have a large gold coin or a small silver ring, you can sell it to the right buyer for an excellent price  

Gold

  • But selling gold can be difficult. Where should you start? Should you avoid pawn shops entirely? Should you go through auction houses and other professional buyers? Here are some useful pieces of advice for selling gold and silver in Atlanta.
  • First, you should know that gold and silver can vary drastically in value. Two silver necklaces that look very similar, for example, can end up selling for drastically different amounts. This depends on the overall value of the item, which is based on a variety of factors.
  • There is a difference between price and value. Value is the overall financial worth of an item—in this case, in American dollars. Price, meanwhile, is the amount at which an item of a certain value will be sold to the public or sold to a dealer. Prices can fluctuate based on the prestige or brand of a business, the time at which you sell, and more. It is important that when you sell gold or silver, you are given a price that best reflects the item's value. 
  • Only consider selling through a professional gold and silver buyer. Many individuals and even small businesses can be scam artists that mean to take advantage of sellers. One of the best ways that sellers can be scammed is by having their gold or silver undervalued. A seller can offer a very low price for an item of great value, a scam that will work if you are uninformed about the appraisal value of the item or items. Professional buyers have the skills and honesty to give you an accurate value for all of your gold and silver items.

Silver

  • Specialized dealers have experience with people of all lifestyles who want to sell gold or silver. These dealers have experience with appraising everything from gold tiaras to silver cutlery and can determine the best value. Best of all, because dealers come across so much gold and silver, they will be willing to give you a top selling price. Also, unlike auction houses or individual buyers, gold and silver dealers specialize in buying and selling gold and silver over anything else. Just be sure to shop around with a few reputable dealers rather than taking the first price you are given. This will help you make an informed selling decision based on several value appraisals. 
  • Now you should know what determines the value of gold and silver. The date, mintmark, condition, purity, and weight of precious metals will affect its value and, therefore, selling price. For example, gold can be weighed to find its Actual Gold Weight, a number that you can then multiply by the current value of gold per ounce. This will give you an approximate value for scrap gold. But a professional appraiser can best determine the value of precious metals.

If you are wondering where to sell gold in Atlanta, start with a dealer with an excellent reputation, good reviews, and experience with top-quality gold and silver. Dealers will help you walk away from a sale with the most money possible. Selling gold and silver in Atlanta may seem intimidating if you are inexperienced or even unsure of the value or purity of precious metals you own. If you follow the above advice, you can be on track to finding the best asking price for any unneeded gold and silver you own.

Last modified on Wednesday, 24 May 2017 13:04
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Diamonds are beautiful. The feeling you get when receiving one as a gift is probably even more valuable than the diamond itself. The diamonds you actually buy yourself can represent the achievement and status you've worked hard to attain. You might not have been able to imagine that you'd ever part with them when you first got them. When you end up needing to sell them, however, it can be a difficult process, especially when you're not sure how to go about it. Elan Diamond Group would like to makeselling used diamonds in Atlanta an easier process by giving you 3 efficient tips. 

Luxury Watches

Check Your Emotions

As valuable as diamonds sometimes are to us, it's important to remember that they are just material things, and that the memories, emotions, and love that they represented are better placed upon the loved ones associated with them. In some cases, it might be better to rid yourself of the diamond and move on in order to bring peace into your life. In other cases, selling your diamonds too hastily can bring heavy regret. Be very smart about your decision and try to balance the short term need for income with the level of regret you can or can't live with later on.

Also, take into consideration the point of view of your potential buyer. Although they might sympathize, they won't share in the emotions and memories you have connected with your diamonds, so don't expect them to. Keep your emotions out of the selling process.

Know the True Value

Again, here's an aspect of selling your diamonds where emotions can cloud your judgment. It's important to know what your diamonds are worth financially--the market, the quality of the stone, etc.--and not expect those who want to buy diamonds in Atlanta to pay more just because of the sentimental value you place on your used diamonds. Get this all straight in your head before you begin the selling process.

Luxury Watches

Be Realistic about the Amount You Want

Discuss pricing strategies with a diamond appraiser. This is very important. An appraiser that knows what they're doing will understand current market trends and will make you more prepared to get the highest price you can get. Sellers of diamonds have the 2 options of selling to the public or to the jewelry industry. Sellers also have the 2 options of placing urgency on getting a high price versus needing to sell the diamond jewelry quickly. Diamond buyers in Atlanta can set you straight on all this. They can tell you about the best places to sell diamonds in Atlanta. Also, you might look into what diamond estate jewelry buyers in Atlanta can do for you.

Now that you're armed with a little more knowledge on the matter, you'll be able to make the best decisions about selling your diamonds and be able to sell them as quickly as you need--and at the highest price. Remember, you might need to sell your diamonds now, but hopefully the future will bring with it joy and happiness--and more diamonds in your life.

Last modified on Wednesday, 24 May 2017 12:34
Monday, 10 April 2017 09:08

Successful Ways to Sell Your Used Luxury Watches

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It can be difficult to sell luxury watches in Atlanta because of the relatively small market for such items. Many people can’t afford to spend tens of thousands of dollars on a watch, and those that can might hesitate to buy such a valuable item from a complete stranger. In general, there are 3 main ways to sell a luxury watch in Atlanta: find a private buyer, go through a watch retailer, or sell your watch at an auction house. Here are some tips to help you decide which will work best for you.

Luxury Watches

Private Sales

Finding a private buyer--whether in person or over a website like eBay--is generally the way to get the most money for your watch. You’ll pay little to nothing in fees and can set your own asking price. The difficulty with this strategy is that it can take a long time to sell your watch. In addition, it doesn’t offer much protection to Atlanta luxury watch buyers who may be wary of getting scammed and will find it difficult to part with so much money when dealing with a complete stranger.

If you’re advertising online, a high seller rating from previous customers can help promote confidence in you. If you’re selling your watch in person, you can also have the watch appraised by a professional so the buyer knows you’re not trying to rip him or her off.

Retailers

Watch retailers and dealers are common places to sell luxury watches in Atlanta.This is the fastest and most convenient way to sell your watch if you just want to get rid of it quickly. You also transfer responsibility of the watch’s condition to the retailer--so if a buyer finds it faulty later on, you won’t receive any of the blame. However, you’ll tend to make much less money selling your watch to a dealer--they may offer you as little as half of what they think they can make off it.

Online Sellers

Similar to brick-and-mortar retailers, online watch retailers will often buy your used watches. Online dealers have many of the same pros and cons, as well: they will take most watches, even if they’re not in perfect condition, and will ensure a quick and easy sale. You might have a little more trepidation because you’ll probably be expected to send your watch off before receiving any money. However, it's common to receive slightly more money because online companies have less overhead than a store with a physical location, so they can afford to pay you a little more.

Luxury Watches

Auction Houses

The final strategy for selling watches for cash in Atlanta is to go through an auction house. Auction houses are used to high-end items and have buyers that will be willing to pay top dollar for your used luxury watch. The downside is that your watch won’t get as much exposure as online or physical stores, so you still risk settling for a relatively small price or waiting a long time for a sale. You’ll also have to pay sizable fees to the auction house based on the amount of the sale. On the plus side, buyers have more confidence in items sold at auction houses, so they’ll be more willing to pay a bit more for a piece they really like..

Last modified on Wednesday, 24 May 2017 12:37
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You've seen the ads, but is it really possible to turn gold jewelry into cash? Yes, but there are things you should know before you try to sell your jewelry, so be sure to read our tips and pointers to help you get the most for your gold.

Last modified on Monday, 15 May 2017 12:48
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There are lots of reasons to sell unwanted jewelry or gold. Unfortunately, it can be difficult to make a lot of money selling used jewelry. That's why you should read the following 5 tips for the best possible financial return.

Gold and Jewelry

Don't Rush It

When you're in a hurry to get cash, it's tempting to just go to the nearest gold buyer. There are plenty of companies that advertise to you; you probably have at least one in your area. And while these types of places will certainly make you an offer, you don't want to rush this decision.

If you're in a hurry, they'll sense it. They will quote you the lowest possible amount they think you might accept. More importantly, when you're in a hurry, you don't have the power to walk away from a weak offer, but you absolutely should. After all, there are other places that might offer a better deal.

Compare Offers

You should take the time to compare offers. You should try reputable jewelers or pawnshops first before approaching the gold buyers. In either case, it's always a good idea to let them know that you're comparison-shopping. It's possible that they try to pressure you into accepting their offer now, but it's better if you take the time to shop around at 2 or 3 different locations.

Don't Be Afraid to Haggle

When it comes to buying and selling used jewelry, it's not always just about the value of the item you're selling. Of course gold has an intrinsic value that's based on purity and weight, but the jewelry itself is also valuable. If you receive an offer that's extremely low, you shouldn't be afraid to haggle for a better deal.

Sometimes the best negotiators are the ones who receive the best deal, not the ones with the most valuable jewelry. In any case, haggling is always worth a try. The worst that could happen is that your counteroffer will be declined, and you're no worse off than before.

Consider Selling Gold Online

Selling jewelry or gold online can be tricky, but it can also be extremely profitable if you do it right. There are plenty of sites that allow you to sell jewelry online. You could try your luck at an auction site, but you can also set the price yourself. It's important to read the terms and conditions thoroughly to find out what your rights are as the seller.

In most situations, buyers are allowed to ask for refunds if the item isn't what they were looking for. And in some cases, they can even get a refund just because they've changed their mind. It's also a good idea to insure your shipment to protect yourself from loss or damage.

Gold and Jewelry

Consider the Whole Item

Your jewelry isn't just worth its weight in gold. In fact, you should consider the whole item when determining how much you're willing to sell it for. You can use the Internet to find comparable items to get a realistic idea of how much you can expect.

All in all, it's not difficult to sell used jewelry in Atlanta. If you do your research, don't rush into anything, and perfect your negotiation skills, you can earn a good amount of extra cash. 

Last modified on Friday, 07 April 2017 11:25
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