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Auction, trade in or reset old jewelery

  • 23-03-2016 10:28am
    #1
    blackboots
    Registered Users, Registered Users 2 Posts: 37 ✭


    Hi there,

    I'm just wondering if anyone could give me some advice on this.

    I have a valuable ring (sapphire surrounded by 8 not small diamonds on gold band). I never wear it and I don't like it that much.

    I've been given a ball-park figure on a trading it in at a couple of antique jewelers and they have kind of hinted that I would be best putting it in an auction (perhaps Adams).

    I was also considering having the stones and metal redesigned into a new piece of jewelry.

    Does anyone have an opinion on which option would be the best in terms of value? If I trade it in or auction it I will obviously be getting less than it's retail value and I would then be paying retail price for a "new" piece of antique jewelry - I would effectively be downgrading to a lesser piece unless I put some extra funds towards it. Alternatively if I have it refashioned I will have to pay for the labour and design.

    Any advice from someone without a vested interest would be greatly appreciated.


Comments

  • #2
    Del.Monte
    Registered Users, Registered Users 2 Posts: 12,363 ✭✭✭✭Del.Monte


    No opinion, or vested interest, but Adams probably not going to be the best option unless extremely valuable.

    John Weldon Auctioneers,
    Unit.2., Cows Lane,
    Temple Bar, Dublin.2.
    Tel: (01) 635 1114


    or


    O’Reilly's Auction Rooms,
    126, Francis Street, Dublin.8.
    Tel: (01) 453 0311


    Both of the above hold regular sales of quality jewellery.

    ****



  • #3
    blackboots
    Registered Users, Registered Users 2 Posts: 37 ✭blackboots


    Thanks Del Monte.... Can I just ask what is your interpretation of "extremely valuable"? 5 figures?



    mine's not worth 5 figures :-(


  • #4
    Del.Monte
    Registered Users, Registered Users 2 Posts: 12,363 ✭✭✭✭Del.Monte


    blackboots wrote: »
    Thanks Del Monte.... Can I just ask what is your interpretation of "extremely valuable"? 5 figures?



    mine's not worth 5 figures :-(

    Ah no, Adams would sell items from hundreds to thousands. Why not request a valuation here: http://www.adams.ie/Departments/jewellery :)

    However, both John Weldon and O'Reillys have more frequent jewellery sales.

    ****



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