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Need to raise some cash urgently

snowflake Avatar
7y, 4m agoPosted 7 years, 4 months ago
Advice on selling Diamond Earrings (NOT on here)

I have done a couple of boot sales but this month am late with my rent and still £300 short, only thing I can sell of value left to raise this cash is a pair of diamond earring (solitaire studs) which are 0.6 carat total. I want to sell them locally as we have a very good local website similar to the hukd one/structure that means you do the sale in person not over the Internet...necessary in this case.
snowflake Avatar
7y, 4m agoPosted 7 years, 4 months ago
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#1
The advice I'm after is how I should list them as they have a certificate of value/authentication with an insurance value of £700 - do i put them at half that price - £350 and mention the insurance value (dont want to ask for more as I need £300-but wonder if I should) - I just dont want to attract a scammer etc that will buy them then claim on the insurance. Apologies in advance as I dont normally sell things of high value and dont want to get ripped off either.
banned#2
try a pawn shop .. get the cash pay your rent then save up and buy them back later
banned#3
look in shops/websites to see how much they are, valuations are not always what they cost
#4
dog_cop
try a pawn shop .. get the cash pay your rent then save up and buy them back later


sassie
look in shops/websites to see how much they are, valuations are not always what they cost


Hi, Ive got no pawn shops anywhere near me, did go looking yesterday and went into several jewellers, that would have been my first option. The value was agreed by a couple of jewellers, and they are sold at about £1k in most jewellers.
#5
I'm after diamond studs as well if you want to sell it on here.

Otherwise Ebay- 'collection only' listing.
banned#6
snowflake
Hi, Ive got no pawn shops anywhere near me, did go looking yesterday and went into several jewellers, that would have been my first option. The value was agreed by a couple of jewellers, and they are sold at about £1k in most jewellers.


so do you have a valuation certificte then, or just the jewellers opinion? ok didnt reas 2nd post, if jewellers have said they sell for over £1k i would get them re-valued
#7
sassie
so do you have a valuation certificte then, or just the jewellers opinion?


I have a valuation certified certificate that I got when the earrings were bought (original with who made them what they are grade colour etc) and also got jewellers opinions when I approached several yesterday that their value today in the shop window would be sold for about 1k
#8
Dodgy selling second hand earings to be honest........with infections and the like.....not saying you have anything!!!!!
#9
Is there such a thing as 'insurance value'...I've heard of it but was told my dad (who has his owen insurance business) that I was insured for the actual cost of my belongings...the term 'insurance value' really p***** him off..although he is very honest!
[mod]#10
snowflake;6264373
I have a valuation certified certificate that I got when the earrings were bought (original with who made them what they are grade colour etc) and also got jewellers opinions when I approached several yesterday that their value today in the shop window would be sold for about 1k


Problem with the value of what a shop would sell them for is that is usually a lot more than you can get and are worth privately.

Have a look through the Yellow Pages and see if there are any buyers of jewellery in there and then you can take them and see what they will offer as that will then establish their true resale value worth. :)
[mod]#11
chunky;6264608
Is there such a thing as 'insurance value'...


Insurance value is based on what it would cost to replace in the event of theft/damage :thumbsup:
#12
Syzable
Problem with the value of what a shop would sell them for is that is usually a lot more than you can get and are worth privately.

Have a look through the Yellow Pages and see if there are any buyers of jewellery in there and then you can take them and see what they will offer as that will then establish their true resale value worth. :)


Hi, I'm aware of this and which is why I want no more than I need (£300) when they could be bought by someone 'lost' then recouped at double + that

I've exhausted yellow pages and jewellers, unfortunately, which is why I'm just asking for advice of the best way to list them on a local website and a ball part figure to sell them for from opinions ;-)
#13
snowflake
The advice I'm after is how I should list them as they have a certificate of value/authentication with an insurance value of £700 - do i put them at half that price - £350 and mention the insurance value (dont want to ask for more as I need £300-but wonder if I should) - I just dont want to attract a scammer etc that will buy them then claim on the insurance. Apologies in advance as I dont normally sell things of high value and dont want to get ripped off either.



As has been pointed out by other(s) the £700 is a REPLACEMENT COST.

If you lost them they would cost you £1000 to buy another set the same, according to what all your jewellers are telling you now.

(So you are underinsured if you have stated £700 on your insurance for individual items.)

SInce they now cost £1000, why not ask for £700 upwards?

Why are you so worried someone else is going to scam their insurer?

The Insurers can take care of themselves, what with the current lie detector voice analysis that they do over the phone when they make you claim on the phone nowdays.

Mention the valuation of £1000, sell at half price gives you £200 more than you are originally asking, which if you are short of money, must be a blessing not to be refused.
banned#14
This is going to happen next month when the rent is due too. You need to look at the bottom of the problem which is you are spending more than you earn. I would look at getting yourself into a cheaper place, and soon, rather than hocking all your stuff.
#15
sculpturatus
This is going to happen next month when the rent is due too. You need to look at the bottom of the problem which is you are spending more than you earn. I would look at getting yourself into a cheaper place, and soon, rather than hocking all your stuff.


Quite the opposite, this hasn't happened before and happened due to my working and child tax credits being stopped for my son who has left school and just gone into sixth form. As from next week they will be paid again, but the amount that was stopped wont be repaid in the lump sum that was stopped but spread out over the rest of the tax year. That's what happens when you work and are a single parent, and 2 x new uniforms for new schools with no bursary because I work.
Not going to happen next month and so on.

Definitely wouldn't if I didn't work and just got all my rent paid, but I can work and enjoy work and although seemingly worse off I have pride in that.
#16
dcx_badass
My mum is a single parent, and pays out mortgage on our 4 bed house every month....


That's good
banned#17
dcx_badass
[dcx_badass trolling post of the month]


dude delete that not cool! :x

Snowflake if you're hot you could become a private caddy service for men, you do 18holes then an hours drink in the bar afterwards. Men pay £230 for the service though they've been banned from a posh golf club near me.
http://www.caddychicks.com/
american version

http://www.eyecandycaddies.com/
British version
#18
lumoruk
dude delete that not cool! :x

Snowflake if you're hot you could become a private caddy service for men, you do 18holes then an hours drink in the bar afterwards. Men pay £230 for the service though they've been banned from a posh golf club near me.
http://www.caddychicks.com/
american version

http://www.eyecandycaddies.com/
British version


:roll:

Like I said, I have some pride - just off to a jewellers I spoke to on the phone whove made me a provisional offer
banned#19
snowflake

Like I said, I have some pride - just off to a jewellers I spoke to on the phone whove made me a provisional offer


There are times you need to swallow your pride :thumbsup: good luck with the jewellers but remember what I just said :)
#20
lumoruk
There are times you need to swallow your pride :thumbsup: good luck with the jewellers but remember what I just said :)


:thumbsup: Thanks lol

Ok all done, sold for £350 had to push her up to that she offered me £300 too effortlessly but at least its sorted now. Ex bought them for me anyway, replaceable, just like him ;-)
#21
snowflake
:thumbsup: Thanks lol

Ok all done, sold for £350 had to push her up to that she offered me £300 too effortlessly but at least its sorted now. Ex bought them for me anyway, replaceable, just like him ;-)


glad you sorted it, not easy when your on your own i know, thought i was finally getting straight again after a sticky period, then my eldest tells me today hes lost his school blazer, £50 to replace :x
#22
loupomm
glad you sorted it, not easy when your on your own i know, thought i was finally getting straight again after a sticky period, then my eldest tells me today hes lost his school blazer, £50 to replace :x


Thanks hun, exactly, I think the uniform costs are outrageous, both mine had to have complete new all branded for new schools, no grants whatsoever, and to make matters worse tax credits decide to stop when I need it most, would have been nice for them to put it back how they took it away for their mistake, but no, they recalculate it and dribble it back to me over the next year :x
#23
snowflake
Thanks hun, exactly, I think the uniform costs are outrageous, both mine had to have complete new all branded for new schools, no grants whatsoever, and to make matters worse tax credits decide to stop when I need it most, would have been nice for them to put it back how they took it away for their mistake, but no, they recalculate it and dribble it back to me over the next year :x


yes they have some strange ways.... but im grateful that i can work, some adult company is much needed sometimes lol
#24
loupomm
yes they have some strange ways.... but im grateful that i can work, some adult company is much needed sometimes lol


It means more sometimes than anything to work even if you're no better off than not, just because of the social element, I couldn't ever give up working, I may not earn a fortune, but the pride I have and my kids have in me is worth it. x I dont owe anyone a penny either, (landlord now paid) lol nor do I live on or have any credit or credit cards etc, so selling something in a cacky month was a wise move. It makes me totally self sufficient and capable. x
#25
snowflake
It means more sometimes than anything to work even if you're no better off than not, just because of the social element, I couldn't ever give up working, I may not earn a fortune, but the pride I have and my kids have in me is worth it. x I dont owe anyone a penny either, (landlord now paid) lol nor do I live on or have any credit or credit cards etc, so selling something in a cacky month was a wise move. It makes me totally self sufficient and capable. x


totally agree and well done, its all worth it in the end x

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