Many factors determine the cost of your ring. If you want to know the exact value of your ring, your best bet is a free jewelry appraisal. A qualified professional will have the skills and training to value jewelry. That way, you’ll know exactly what to ask for if you want to sell it. However, this does not mean, that you cannot perform a general appraisal yourself. Even if you don’t want to sell the jewelry, it’s still a good idea to know how much your ring is worth, if only to brag about it.
Quality and value of the stone
When you visit a specialist to ask, “How much is your jewelry worth?” one of the main aspects is the quality of the diamond. When researching rings, it is common to learn the 4 C’s of diamonds : clarity, color, cut and carat. Clarity refers to the diamond’s ability to emit light and shine; the higher the clarity, the higher the price. Carat also plays a huge role in free jewelry appraisal; in fact, the difference in price between a 1-carat diamond and a 3-carat diamond is exponential. If the diamond is slightly yellow or brown, you can expect to get a lower price than a pure, clear diamond.
Type of metal
The value of the metal in your ring varies even more than that of the gemstone. Metals, like gold, are traded on the open market and their value fluctuates sometimes dramatically. Most rings are made of gold, silver or platinum. Each metal has its own criteria for measuring purity. People tend to think that platinum is more valuable than gold, but this is not always the case. Platinum is actually much more abundant than gold, but it is more expensive to produce. That’s why gold is sometimes worth more than platinum, and sometimes not. Experts will also look at the design of the ring. Jewelry with intricate designs that require a lot of work is usually worth more than a simple ring.
How old is it?
Antique jewelry includes anything between 20 and 100 years old. Antiques are anything over 100 years old. If you think you have a valuable antique or collectible, check out the free online jewelry appraisal to better understand the ring’s origin and price. An expert should also understand the changing trends and history of antique jewelry.