What Factors Determine the Value of a Piece of Jewelry?

February 23, 2018

Jewelry comes in many different styles, shapes, sizes, and colors. No matter what your personal style is, you can find earrings, necklaces, bracelets, rings, and other types of jewelry to perfectly accessorize any ensemble. But how is the value of a piece of jewelry determined? Keep reading for some insight into this topic.

Gemstones
Diamonds, rubies, sapphires, emeralds—these are just some of the gemstones that are commonly used to create dazzling jewelry. While all gemstones offer their own beauty and style, some are typically more valuable than others. Gemstones that are more difficult to find typically have a higher value than those that aren’t as rare. For example, diamonds may be the most popular choice for engagement rings, but they are not as valuable as something rarer like black opal.

Metals
The gemstones may be the star of the show, but the metals used in jewelry also help determine how valuable each piece is. Some metals have a higher value than others, making them a more sought-after choice for fine jewelry. Rhodium, platinum, and gold are known as some of the highest values metals used in jewelry.

Condition
Just like with most other possessions, the condition that a piece of jewelry is in will impact its overall value. Even pieces that were originally highly-prized can lose their value if they are not properly cared for. The better condition a piece of jewelry is in, the more likely it is to be more valuable. If you come across jewelry that’s seen better days, you can try to restore it to increase its value, whether you want to keep and wear it or try to sell it to someone else.

Fast Fix Jewelry & Watch Repairs can help you learn more about the value of your jewelry. We offer jewelry repair services, custom jewelry designs, and much more. You can contact our Tucson Mall location at (520) 696-0403 or contact our Park Place Mall location at (520) 514-9292 for more information.

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