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Jewelry Auction: The Top Four Important Factors to Consider

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

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  1. Jewelry AuctionThe Top Four Important Factors to Consider

  2. 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?

  3. Jewelry Auction How well is the piece made and what’s its condition? • Thorough inspection is critical • Quality piece looks beautiful on both front back and both sides • Mounts should use minimum amount of metal and be smoothly finished

  4. Jewelry Auction How well is the piece made and what’s its condition? • If bidding on antique or older piece, wear and tear is normal • 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 avoid loss

  5. Jewelry Auction What marks does the jewelry contain? • Hallmarks - small stamps on hidden part of jewelry. Appears on most precious metal. Provides information for content, purity, country of origin and maker • Mix metals - produce stronger material • Maker’s marks – identity initials and symbols • Signatures – provides more information regarding quality and authenticity

  6. Jewelry Auction Does the jewelry auction offer a gemological certificate with the piece? • Prerequisite for quality jewelry is a gemological certificate • Savvy bidders won’t consider a piece without this document • Issued from laboratory, certificate will describe nature of jewel and quality characteristics or 4C’s

  7. Jewelry Auction Does the jewelry have a unique or interesting history? • Value of a piece can skyrocket if it was previously owned by a famous person • Bidders pay a premium on historical significance • Also called as “Provenance” – an interesting ownership history brings bidders to auction and increase price substantially

  8. Jewelry Auction About the Author Deb Weidenhamer is President of Auctions Systems Auctioneers & Appraisers, Inc., based in Phoenix, Arizona. They specialize in auctions and professional appraisals. Visit us at http://www.auctionANDappraise.com or call 800-801-8880 for more information about Jewelry Auctions.

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