When jewelry passes from one generation to the next, there can be a lot of conflicting feelings. You feel burdened with the responsibility of not squandering your parents or grandparents investment. Or guilt because you’re conflicted on whether to sell or keep their belongings.
Not to mention, when you financially gain off of a loved one’s death, it can feel wrong to be excited about the opportunities the inheritance may give you.
At some point, the time will feel right to move on and part with what your family member has passed down to you. It’ll vary from person to person — sometimes our customers are ready to sell their inherited jewelry immediately (especially if it’d help pay for funeral expenses), while others wait years.
Either way, chances are if someone thought to give you their possessions, they also trust you with the decision of what to do with it when they’re gone. So, take heart in that fact and read on to learn what you can do with your inherited jewelry.
Where to sell inherited, vintage jewelry
With inherited or vintage jewelry, you may decide you won’t ever wear any of it. You could pass it on to another family, but that means choosing who gets what (which can often lead to hard feelings between siblings).
Many of our customers sell the vintage jewelry and keep the earnings — or split it between family members.
The process for selling inherited, vintage jewelry is easy and quick, but sometimes humbling. The sentimental value will always be higher than resale value, of course. We recommend keeping an open mind and doing a little research, so you’re prepared with realistic expectations and knowledge about the process.
For example, these articles are a good place to learn more about selling jewelry.
How Our Gold Buying Process Works
What’s the Difference Between a Pawn Shop, Gold Buyer, and Jeweler?
Appraisal vs Market Value: What You Need to Sell Jewelry
The Difference Between Old European and Modern Brilliant Cut Diamonds
We highly, highly recommend avoiding online resale sites as they tend to be scams or offer way below market value for jewelry. Plus, it’s much more comfortable to see in person how your jewelry is being evaluated — the process usually only takes about 10-15 minutes anyway.
We’re located at 3173 Poplar Ave, which is right near East High School, and we have safe, convenient parking.
To sell your old jewelry at Memphis Gold & Diamond Buyers, you bring in anything you think is gold, silver, platinum, or has diamonds. We evaluate your items and create an offer based on the purity, weight, current market price, and brand. You can learn more about that process here.
Here are a few things you could sell:
- Gold jewelry
- Silver jewelry
- Diamond jewelry
- Platinum jewelry
- Wedding/Engagement rings
- Silverware
- Gold, silver, or platinum coins and bars
- Gold, silver, or platinum bullion
- Class rings
- Vintage jewelry
- Estate jewelry
- Designer jewelry
- Broken, mismatched, destroyed jewelry
- Anything gold, silver, platinum, or diamonds
This list isn’t comprehensive, so if you don’t see what you have on the list, give us a call at 901-324-4009. We’re happy to help you as much as possible over the phone.
We also pride ourselves in taking personal, one-on-one time with each customer, so feel free to ask questions or share stories about the family member who passed their jewelry on to you — we’d love to hear all about them!