Price is an important consideration when buying or selling jewelry or coins. At Paul Albarian & Associates, LLC we value our customers and want to provide them with the best deals available on items made of gold, silver, platinum, and palladium. When preparing to buy or sell rare coins, precious (bullion) metals, or jewelry, we encourage you to do your research to find the best price. When doing so, keep the following two points in mind:
The price for any individual item is based on the value of the metal, plus market demand for the specific item. Some items are valuable primarily because of their metal content; they are quite literally “worth their weight in gold”. Other items, such as rare coins or jewelry, may command a higher price if there is market demand for them. Your gold dealer should give you an honest assessment of the market value for the particular item you are looking to buy or sell.
Check your jewelry dealer’s license. Do they have one? Jewelry dealers are legally required to have a license, but not all of them do. The license should be prominently displayed, up to date, and the dealer should be happy to point it out. Having a license means the dealer takes safeguards to protect against the purchase or sale of stolen jewelry, which helps protect the consumer against illegal deals.
Do you know someone who recently inherited his or her relative’s jewelry collection? Do they want to keep some pieces for sentimental reasons, and receive a fair price on the rest? Have them visit us – we’ll give them an honest assessment of the value, and will be able to purchase the jewelry that day.