April 9, 2010, Newsletter Issue #220: Auctioning Your Jewelry Online

Tip of the Week

Hoping to get top dollar for your fine jewelry by selling in an online auction? This is generally not a good way to get the most out of your jewels. Typically an item will sell at auction at about one quarter to one third of its appraised value. There are exceptions to the rule, such as highly collectible jewelry, or exceptional diamonds of large size. In any case, it is always best to have your item appraised or certified before selling. This way you know what you have, what it is worth, and depending on where you sell it, what kind of return you can expect.

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