How to Sell Vintage Family Jewelry

How to sell vintage family jewellery?

We explain everything you need to know

At the moment of the deepest crisis, when even the bottom of the bottom drawer has been rummaged, there are at least five rules to keep in mind if you have decided to sell the family jewels. It is appropriate to say: five golden rules. First of all, the individual objects from which you have decided to part must be weighed independently.

Therefore, it is necessary to find out how much is paid for a single gram of gold at that moment (there can also be significant variations from one week to another, even on the same day). You must also know that the investment ingot allows you to get a higher price than the gold worked and transformed into chains or rings, unless you consider the value of the gold jewel, style, author, testimony of a historical era.

This is because investment gold is 999/1000 pure, jewelry gold is 750/1000 . If the item you want to sell is embellished with some stones, it is advisable to turn exclusively to buyers who have gemologists in their team and finally, according to common sense, you should not get caught up in the rush and turn to at least two or three possible buyers. «Who Do you want to sell the gold you have at home? says Ferruccio Invernizzi, president of Pronto Gold spa, a metal bank active since February 2011 in the Milanese square? must focus above all on one thing, transparency. Both the origin of the materials and the offer received. Selling the family gold is a perfectly legal activity, which does not generate cumulative revenues in the tax return (and few people know this too, ed.) and which therefore must be carried out with the utmost transparency.

For this reason I always advise sellers to request a copy of the sales declaration, it is a required document which summarizes the terms of the transaction and which can be contested in the event of any future dispute". Pronto Gold (prontogold.com) aims to close 2012 with a turnover of 40 million euros, all generated by the Milanese headquarters near the central station, with 25 thousand customers and an average, says Invernizzi, «of almost one hundred transactions per day ». Thirteen employees, including seven gemologists and a new private room for significant transactions that is about to be created, Pronto Gold's activity differs from normal gold purchases due to the corporate structure and the authorizations that allow ? after 11 days of storage? to melt the metal on site, transforming family jewels into ingots.

ALL RIGHTS RESERVED I BUY GOLD

It is to all intents and purposes a jewelry store with a part of the store (or the entire store) dedicated to the purchase of used products. They can, essentially, buy and sell used gold, but they cannot transform it independently. The used chain brought to the Compro oro can be resold, as is, but not melted down independently.

METAL BENCH

It is a structure that buys gold both from private individuals and from professional operators (also from gold buyers). Unlike others, after a storage period of 11 days of purchases? and related report to the police station? can provide for the melting of materials and their transformation into ingots.

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