Large Diamond Buyer in Orlando

Archive for the ‘Selling Fine Jewelry’ Category

Diamond sales

Thursday, May 3rd, 2012

Spring has sprung and love is in the air :)  Diamond sale are strong this time of the year do to new engagements.  Rounds and princess lead the way in the 1-2ct range.  This is a great time to sell your diamondsto get top dollar.  Supple and demand is the reason why.  In another couple months we will be in the summer doldrums and things will get slow.  Selling your items now is the smart thing to do or wait for the Xmas season to get here………………..

USED ROLEX WATCHES

Tuesday, April 26th, 2011

The market for used watches is firming up some but it is still a buyers market.  There are still more sellers than buyers as is the case in most luzury items.  The sport watches such as the Daytona, Submariner, yachtmaster and GMT are still the most desirable of the Rolex.  Bigger is better is the case of the ladies Rolex.  Women are defenitly trending to a mans size watch and with our aging baby boomers, I see no reason for that to change, as none of our eyes are getting any better as we age………….

diamond prices

Tuesday, April 26th, 2011

With the dollar falling everyday and commodity prices sky rocketing, its just a matter of time before the prices of diamond go up.  I think that we will see a sharp increase in the cost of fine stones. The prices of 1.5ct and bigger bring premium’s and its getting harder to find well made stones.  The good news is there are no shortage of folks selling their jewelry do to hard times and divorce.  The deals are out there you just have to search in your area for the guy who buys pre-owned treasures.  Spring is here and young couples are falling in love.  The diamond selling season is here……………..

Diamond buyers orlando

Thursday, November 11th, 2010

Now is a great time to sell your diamonds, fine jewelry and Rolex watches.  Why?  Other than the fact that gold is at an all time high, christmas is almost here!!! I always pay more before the holidays because there is a better chance of me selling anything I buy quickly.  So if you have been thinking of selling a diamond or jewelry item, do it now!!!  After Christmas comes and goes, so does the time to get the most cash for your treasure’s………

Buying Jewelry from the public

Tuesday, August 17th, 2010

In these trying economic times, used jewelryis coming out of the woodwork.  People that need to sell thier stuff best be prepared for a shock when they go to sell it.  Most jewelry store mark up there jewelry about 200% at least.  Thats why when you take it back to the store you bought it from to sell it back you get, “we are sorry but we don’t buy jewelry, we only take it in trade towards another purchase”  Of course, because if they had to buy it back you would be lucky to get 20 cents on the dollar back.  How would that look :(  Like you paid way to much when you bought it.  Moral of the story, stay away from big stores with lots of overhead.  You are paying for it!!!!

Pawnshops

Thursday, July 29th, 2010

Pawnshopshave come a long way from the dark ages when they where in bad neighborhoods and had questionable characters that owned them.  Getting a short term  loan on your jewelry items can be a lifesaver for many folks.  Selling your jewelry is a good idea if its going to be 6 months or more before you get right with your finances.  But if you ever want to replace your jewelry or watches down the road, it could be more costly than if you took a loan out and got them back with the interest charges added………….

Ring Finger size made easy

Wednesday, June 16th, 2010

I saw this article and thought I would share it. You just got your future wife a diamond engagement ring. How do you get her finger size without her knowing and messing up the surprise? Check this out http://www.jewelryfacts.net/jbn_lc_find_your_ring_size.asp

Diamonds are forever, right???

Wednesday, May 19th, 2010

When buying a diamond for the one you love, you should have a good knowledge of the 4 C’s. Clarity, color, cut and carat weight. Clarity is very important but one should not go overboard on this because any stone that is more than just eye clean (SI2), is spending money on something that can not be enjoyed be you or anyone by the naked eye. Better too spend your money on a bigger stone or one that has a higher color. Make sure that the diamond you purchase has not been clarity enhanced. This process takes a diamond that has flaws that can be seen to the naked eye and turns the stone into one that now looks clean to the eye by injecting a plastic into the stone to mask the flaws. This is not forever. If the stone is ever subjected to any heat from a jewelers torch, say to repair a prong, the plastic will discolor or melt from the stone. Always make sure you have an appraisal stating the stone is not been clarity enhanced.

Here is a great article that I came across. http://www.diamondreview.com/tutor/4cs/tutor_4cs_clarity.shtml

Great time to sell gold

Wednesday, May 12th, 2010

With gold prices at an all time high, well over 1200 per ounce, now is the right time to clean out your jewelry box and sell your gold.  This is a bubble in my opinion and gold prices will eventually come back down to realistic levels.  Do not sell to a pawnshop, gold party at someones house or put it in the mail.  Big mistakes with all three!!!! Look for a diamond buyer in your community and he will most likely buy your gold also.

All the best, JB

Platinum or gold, white or yellow ????

Thursday, April 29th, 2010

I get asked all the time, what is the difference between white gold and Platinum?  And why is Platinum so expensive??

Lets start out with Platinum since there are not as many variables.  The price of Platinum at today’s current spot price is 1735 usd per ounce.  Most jewelry that is sold is 90% Platinum 10% Iridium.  An average ladies engagement ring that I custom design weighs around 5 penny weights (DWT)  20 dwt = 1 ounce  1735/20 = 86.75 x 5=433.75            That is 433.75  for the raw materials.

When you choose gold, there are a couple more things to look at.  24kt is pure gold.  Most of your high end fine jewelry is made of 18kt gold.  The standard in the USA is 14kt.  10kt is the lowest karat gold used in the states and is the least expensive.  18kt is 75% pure gold 25% alloys  14kt is 58.5% pure gold and 10kt is 40% pure.  The alloys that are added to dilute the pure gold to the desired karat vary.  Yellow gold is alloyed with copper and zinc.  White gold is alloyed with silver and palladium( nickel in the old days). They stopped using nickel because it had a allergic reaction to some peoples skin.  24kt gold today is 1153 an ounce.  So, let say you want the ring in 18kt which would be the next best thing to Platinum, 1153 x .75 = 864.75/20= 43.24 x 5 dwt (for the ladies ring) 216.19 for the cost of the raw materials. The platinum will be more than double the cost verses 18kt.  If you do the math for 14kt and 10kt, it becomes much more than double.

If you enjoy yellow gold you can choose what karat gold you prefer and your done.  But if you like the look of diamonds in white metal, then you have choose Platinum or white gold.  Why would anyone go with Platinum over white gold with such a price difference?  Here are some pros’s and con’s of both.

White gold  pros’s are – Less expensive, harder to dent or scratch. The con’s are -It  has to be re- rhodium plated to give the look of platinum. Rhodium is a precious metal, a member of the platinum family. Rhodium electroplating is used to provide a surface that will resist scratches and tarnish, and give a white, reflective appearance.  The white gold prongs that the diamonds are set into are brittle (from the alloy) and can break off if hit, resulting in the possible loss of the stone.

Platinum pros’s are – Never has to be re-plated, and nothing is safer to set a stone into.  Contrary to belief, platinum is a softer metal than (white gold).  Most larger diamonds that are sold are set into a four-prong head or basket.  If one of the prongs is hit and breaks off, there is a good chance the stone will fall out.  If a platinum prong is hit, it will bend but not snap off.  Go to a store such as “Tiffany’s” or any other fine high end store and look at there expensive solitaires, 99% of the time they will be set in platinum.  That is the great benefit of Platinum, it will stand the test of time.  The downside of it is it cost roughly twice as much and it is softer so the bottom of your ring will dent and scratch easier than gold.  Remember that the white gold will have to be polished and re-plated about once a year depending on the wearer at a cost of about 50 dollars each time.  Of course, you will need to have your Platinum ring and band polished once a year also if you want it to look as new, but it will not cost you 50 dollars.  I never charge my customers a fee to polish there treasures.

Please email me, give me a call or stop by for all your jewelry needs at  jbjewelersorlando.com

All the best, JB

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