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Anyone ever sold jewelry to a store before?
Posted on 3/19/13 at 12:39 pm
Posted on 3/19/13 at 12:39 pm
I have an old class ring, size 13, made of platinum, has two diamonds, and a garnet center stone. It has sent in a drawer for 9 years.
There is a local jewelry store that's been around for 50+ years that buys old jewelry.
What can I expect to get for it? What's too low of an offer to walk away from?
Are there online alternatives that are better than the store?
There is a local jewelry store that's been around for 50+ years that buys old jewelry.
What can I expect to get for it? What's too low of an offer to walk away from?
Are there online alternatives that are better than the store?
3
Posted on 3/19/13 at 12:41 pm to Nortizzle
quote:
What can I expect to get for it?
scrap value
quote:
What's too low of an offer to walk away from?
well we would need to know the weight of the platinum and the sizes + 4c's of the stones. but more than likely not as much as you are expecting
Posted on 3/19/13 at 12:43 pm to NYCAuburn
I'll be happy with anything over $100
I don't know the cw of the diamonds, but we paid over 1k for the ring when we bought it from a jewelry store.
I don't know the cw of the diamonds, but we paid over 1k for the ring when we bought it from a jewelry store.
Posted on 3/19/13 at 12:43 pm to Nortizzle
Weight of the ring and size/quality of the diamonds are needed to know the value of the ring. Know any of that? Any pictures?
Posted on 3/19/13 at 12:44 pm to Nortizzle
I'll buy it for $200
Posted on 3/19/13 at 12:46 pm to The Nino
Hell. Idk, I am unprepared 
Posted on 3/19/13 at 12:47 pm to Nortizzle
quote:
I'll be happy with anything over $100 I don't know the cw of the diamonds, but we paid over 1k for the ring when we bought it from a jewelry store.
If you can get me a weight in grams of the entire ring, I can give you a ballpark. more than likely the stones are not worth much at all, might not get anything for them
Posted on 3/19/13 at 12:48 pm to BamaChemE
quote:
I'll buy it for $200
I'll let you know in a few hours if I accept your offer.
Posted on 3/19/13 at 12:52 pm to Nortizzle
quote:
I'll let you know in a few hours if I accept your offer.
Pure platinum is around $50 a gram, so when you go to the store ask the guy what the weight and purity of the ring is.
Posted on 3/19/13 at 12:54 pm to The Nino
Alright. 
Posted on 3/19/13 at 12:58 pm to The Nino
quote:
Pure platinum is around $50 a gram, so when you go to the store ask the guy what the weight and purity of the ring is.
Sounds like my $200 isn't going to hold up...
I just wanted to try and use it to help lower the price on an engagement ring.
Posted on 3/19/13 at 1:05 pm to Nortizzle
scrap price on platinum today by purity is...
85%... $43.08/gm.
90%... $45.61/gm.
95%... $48.15/gm.
99.9%...$50.68/gm.
One thing to consider or take note of is the fact that not all platinum jewelry will be platinum, but rather a metal known as palladium that comes from the same family as platinum. If it's not marked on the inside of the piece with a purity mark it's prolly palladium....
Scrap price on palladium today by purity is...
85%... $20.89/gm.
90%... $22.12/gm.
95%... $23.35/gm.
99.9%...$24.58/gm.
Gemstone prices depend on grade & carat....
85%... $43.08/gm.
90%... $45.61/gm.
95%... $48.15/gm.
99.9%...$50.68/gm.
One thing to consider or take note of is the fact that not all platinum jewelry will be platinum, but rather a metal known as palladium that comes from the same family as platinum. If it's not marked on the inside of the piece with a purity mark it's prolly palladium....
Scrap price on palladium today by purity is...
85%... $20.89/gm.
90%... $22.12/gm.
95%... $23.35/gm.
99.9%...$24.58/gm.
Gemstone prices depend on grade & carat....
This post was edited on 3/19/13 at 1:08 pm
Posted on 3/19/13 at 1:53 pm to BamaChemE
Well looks like we might have gotten ripped off back in the day. This guy at levys says the ring isn't platinum and the diamonds aren't real. Oh well. The jewelry store we bought it from is out of business now, wonder why.
Eta: sooooooooo, $200? Haha
Eta: sooooooooo, $200? Haha
This post was edited on 3/19/13 at 1:55 pm
Posted on 3/19/13 at 2:00 pm to Nortizzle
Take it to Bromberg's and tell 'em you're an AU fan. I'm sure they would help you out.
Posted on 3/19/13 at 2:02 pm to NBamaAlum
Idk what that means
Posted on 3/19/13 at 2:03 pm to Nortizzle
Really? Huh. I guess folks have forgotten about their AU newspaper ad.
Posted on 3/19/13 at 2:08 pm to NBamaAlum
I can't ever keep that kind of info straight.
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