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If you’ve recently received an inheritance, you might be wondering what to do with the physical assets that you now own. Jewelry is commonly included in estates — if you’ve recently inherited jewelry, here’s what to do next.
Any time you receive an inheritance, you should first consider if the specific items hold any sentimental value for you. Perhaps you were gifted your Grandmother’s engagement ring, or a unique pendant from your Aunt. Sure, these items could have monetary value — but if the item holds a special place in your heart, it may be worth holding onto it.
To the untrained eye, it can be tough to determine how much jewelry might be worth. A gemstone ring could be worth hundreds or even thousands of dollars — or it could be worth almost nothing. It all depends on the details!
How do you assess what you have? By speaking to an expert! You can consult your favorite jeweler or local coin shop.
If you’ve inherited Jewelry in the Seattle area, we hope that you’ll trust Bellevue Rare Coins. Bellevue Rare Coins has been Seattle’s most trusted buyer of jewelry, coins, gold and more for over 45 years. You can find us in Bellevue, Lynnwood, Tacoma and Issaquah.
Inherited jewelry can be worth a lot of money, depending on each item’s intrinsic value. Intrinsic value refers to the value of the gold, silver, platinum, gemstones, diamonds, etc. in each item. If the item is uniquely collectible, it may have some additional worth beyond intrinsic value.
How do you go about selling inherited jewelry? Here’s how:
The buyer will assess your items and provide a quote to buy them. From there, you can decide whether you want to sell your inherited jewelry, keep it, or perhaps sell some and keep some.
Note that it’s best to avoid pawn shops and “we buy gold” businesses. These businesses typically pay far less than items are actually worth. If you’re in Seattle or Tacoma, make sure to go to Bellevue Rare Coins and avoid Tacoma pawn shops.
If you want to and have the time, it might be worthwhile to take your items to 1-2 more jewelry buyers to get a quote from each. That way, you can make sure you’re getting the most value for your inherited jewelry collection.
Whether you’re selling diamond rings, earrings, gold jewelry, necklaces or antique pendants, it pays to go to a trusted and reputable jewelry buyer. At Bellevue Rare Coins, we buy jewelry and valuables for top dollar. When it comes time to sell your jewelry inheritance, we hope that you’ll trust Bellevue Rare Coins with your business.