Q:

Where can I sell gemstones?

A:

Places that a person can sell gemstones include auction houses, pawn shops, antique shops and independently owned retail jewelry stores. Gemstones may also be sold to scrap gold buyers, estate dealers or online jewelry warehouses.

Ralph Mueller & Associates, an Arizona diamond and platinum buying company, suggests avoiding pawn shops when selling gems, as they are certain to offer only a small fraction of what the gem is worth. The jewelry company advises selling to a local or online jeweler as probably the most convenient and quickest option for selling a gemstone.

It's important to do research before selling a gemstone, in order to get an accurate idea of what the gem is worth. The amount a buyer pays for a gemstone can vary greatly from one to another, so doing research is crucial for garnering the best price. Get gemstones appraised by an online retailer or at a local jewelry outlet. Another idea to gauge the resale value of the gem is to check eBay for completed auctions with similar gemstones. Age, condition and the era in which the piece was made play a large part in determining its overall worth. For example, Art Deco era gems have good value, as do clear gems as opposed to cloudy or opaque ones, according to gemologist Scott Gordon.


Is this answer helpful?

Similar Questions

  • Q:

    Where can I sell loose gemstones?

    A:

    Although it can be difficult to sell loose gemstones if they are not set in jewelry, they are often easy to sell to local jewelers and on online auction houses such as eBay. Local jewelers frequently accept legitimate, non-commercial sources of loose gemstones at discounted prices.

    Full Answer >
    Filed Under:
  • Q:

    What are gemstones?

    A:

    Gemstones are rocks or minerals that can be used for ornamental purposes. To make the gemstones beautiful, the minerals are often cut and polished to produce different shapes and make the stones sparkle.

    Full Answer >
    Filed Under:
  • Q:

    What are pink gemstones?

    A:

    Pink gemstones include morganite, pearls and rubellite. Morganite can be a subtle or bold shade of pink. Pearls are available in soft pink, and rubellite is a combination of vivid pink and ruby shades.

    Full Answer >
    Filed Under:
  • Q:

    What are some different kinds of gemstones?

    A:

    There are the precious gemstones like diamond, ruby, sapphire and emerald. There are also the semi-precious gemstones like turquoise, amethyst, garnet and quartz. There are also the gemstones that are considered birthstones (like aquamarine for the month of March and peridot for the month of August) and anniversary stones (like blue topaz for the fourth year and onyx for the eleventh year).

    Full Answer >
    Filed Under:

Explore