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3 Things You Might Not Know About Jewelry Repair
… toughest materials. So, why would something made from such strong substances need regular maintenance? The answer is twofold. First, the metals and gemstones in jewelry are not always as impervious as we imagine. Gold, platinum, and silver are very soft as metals go. In fact, a large part of what makes them perfect for jewelry is how soft and workable they are. The result of this, however, is that the daily wear and tear we put on our jewelry takes more of a toll than we…
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How Much is My Jewelry Worth?
…resale value, and appraised value. Intrinsic Value or Cash Value The intrinsic value of jewelry is the simplest and easiest to understand. The equation for intrinsic value is: intrinsic value = metal value + gem value The metal (gold, silver, platinum, etc.) and gems (diamonds, sapphires, emeralds, etc.) are valued as raw materials based on current market rates. So, gold jewelry value, in this context, is largely determined by the current spot price of gold. Intrinsic …