Are your fine jewels languishing in a jewelry or safe deposit box? Perhaps, yellow gold is no longer your style. That ring that once dazzled you no longer sparks joy. Maybe you have a big purchase on the horizon. Reap financial benefits of your jewelry by selling at auction.
“The auction market for jewelry, gemstones, and watches remains strong and brings competitive prices for sellers,” says Michael Larsen, one of Freeman’s Jewelry & Watches specialists, “Auctions of jewelry and watches continue to trend upwards with impressive results in both the percentage of jewelry sold as well as the prices achieved. Freeman's last jewelry sale brought two world records for signed pieces.”
While the reasons for selling are as varied as the types of gems themselves, here are a few of the most common motives for consigning jewelry to an auction:
You’ve changed, but your jewelry collection hasn’t. Our personal tastes and style are always changing, and our closets and jewelry boxes reflect that. Sure, you were all about those chunky gold Tiffany bangles two seasons ago, but not so much now. Selling your jewelry at auction is a great way to refresh your collection by making room for new pieces, while finding new homes for the old.
Letting go of the past. Diamonds may be forever, but let's face it, not all romances are. The jewelry we own holds a great deal of emotional weight. For many of us, we hold on to jewelry that is no longer relevant to our present lives. Whether it's a past relationship or passed through the family, selling gems tied to the past can provide a sense of rejuvenation and help with the process of moving on.
Life happens. You need a new car, all three of your kids are headed to college within the next five years, or maybe you’re ready to finally update your kitchen. Turn your personal assets into capital you can use. When selling with an auction house, payouts are typically received within a month of the auction.
Selling at auction is the best approach for achieving the highest prices for your jewelry. Freeman’s offers personal service and competitive selling rates for consignors. A trusted firm within the auction industry for more than 200 years, Freeman’s has an extensive, international client base and will market your jewelry to motivated buyers through events, traveling exhibitions, and targeted advertising.
For more information about selling jewelry at auction, please contact one of our specialists:
Images: A gem-set, enamel, and fourteen karat gold charm necklace, sold for $18,750; An eighteen karat gold and hardstone 'Alhambra Lucky' necklace, Van Cleef & Arpels, sold for $13,750; Enamel and eighteen karat gold Paillonne bangle bracelets, Schlumberger, Tiffany & Co., sold for a combined $45,000.