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Jewelry Auction: The Top Four Important Factors to Consider
 

Jewelry Auction: The Top Four Important Factors to Consider

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Answering a few questions can help you purchase a quality piece at a jewelry auction. You need to consider things like condition, marks, certificates and the history of a jewelry item. Once you ...

Answering a few questions can help you purchase a quality piece at a jewelry auction. You need to consider things like condition, marks, certificates and the history of a jewelry item. Once you collect some basic information, you can do further research to determine the true value of a piece of jewelry. Visit us at http://www.auctionANDappraise.com or call 800-801-8880 for more information about Jewelry Auctions.

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    Jewelry Auction: The Top Four Important Factors to Consider Jewelry Auction: The Top Four Important Factors to Consider Presentation Transcript

    • Jewelry AuctionThe Top Four Important Factors to Consider
    • Jewelry Auction• Jewelry Auction’s are easy, efficient and fun• Know a few things at a minimum so you don’t get burned• Four questions to ask: – How well is the piece made and what’s its condition? – What marks does the jewelry contain? – Does the jewelry auction offer a gemological certificate with the piece? – Does the jewelry have unique or interesting history?
    • Jewelry AuctionHow well is the piece made and what’s its condition?• Thorough inspection is critical•Quality piece looks beautiful on both front back andboth sides•Mounts should use minimum amount of metal and besmoothly finished
    • Jewelry AuctionHow well is the piece made and what’s its condition?• If bidding on antique or older piece, wear and tear isnormal• Signs of wear may contribute to the pieces’authenticity• Repairs should not reduce value of jewelry• Common repair in older pieces are jewels on mount.Need to ensure that jewels are securely in place to avoidloss
    • Jewelry AuctionWhat marks does the jewelry contain?• Hallmarks - small stamps on hidden part of jewelry.Appears on most precious metal. Provides informationfor content, purity, country of origin and maker• Mix metals - produce stronger material• Maker’s marks – identity initials and symbols• Signatures – provides more information regardingquality and authenticity
    • Jewelry AuctionDoes the jewelry auction offer a gemological certificatewith the piece?• Prerequisite for quality jewelry is a gemologicalcertificate• Savvy bidders won’t consider a piece without thisdocument• Issued from laboratory, certificate will describe natureof jewel and quality characteristics or 4C’s
    • Jewelry AuctionDoes the jewelry have a unique or interesting history?• Value of a piece can skyrocket if it was previouslyowned by a famous person• Bidders pay a premium on historical significance• Also called as “Provenance” – an interesting ownershiphistory brings bidders to auction and increase pricesubstantially
    • Jewelry AuctionAbout the AuthorDeb Weidenhamer is President of Auctions SystemsAuctioneers & Appraisers, Inc., based in Phoenix,Arizona. They specialize in auctions and professionalappraisals. Visit us athttp://www.auctionANDappraise.com or call 800-801-8880 for more information about Jewelry Auctions.