Hey, it’s going to be a budget wedding…anything will help!
14k gold sells on Ebay for about $30-34 per pennyweight and 18k goes for $40-47. Even after Ebay/Paypal fees it’s probably going to net the highest.
Along these same lines, does anyone know who pays the most for loose stones, specifically tanzanites?
We won a loose tanzanite in a raffle aboard a cruise ship several years ago, that they claim has a value of $2,300. Meanwhile, it did not come with any kind of certification that proves this, and while it is somewhat large, and appears reasonable flawless, I’m skeptical. We did go to a jeweler, but they wanted $95 to send it off for a certification, which we really didn’t want to spend at the time, and I’m not sure if that would have any real value anyway. I presume anyone who would want to buy it would want to do their own certification. After all, who says that cert goes with that specific stone? eBay is flooded with people selling loose stones and if I was a buyer, I’d be reluctant to trust a seller, so I doubt that’s the best route for me. Any other thoughts?
Tanzanites were really, really hot about 10-15 years ago. Now, not so much. They’re still neat items, but the colored stone market is almost non-existant for sellers. I wouldn’t advise selling at this point. Unless you had a private buyer.
You say that now, but when you try eating and speaking without them, it may get messy.
Samclem - is my theory right about the certification? That is, should I get one even if I don’t plan on selling in this market?
You’ll pay $100 to certify a tanzanite. The problem is, the tanzanite you won probably has a wholesale value of only a few hundred dollars. The “value” that they put on it was almost certainly very inflated and a high retail insurance replacement value.
I wouldn’t spend the money for the cert.