Because estate jewelry has a previous owner, it is usually much cheaper than buying new jewelry. While some old jewelry may be worth a lot of money, other pieces may not be worth anything at all. Several factors can affect the value of a piece of jewelry, such as its age, condition, and rarity.

Yes, you can sell a diamond you found as long as it was found on your own property or in a public area that allows for the collection of minerals. However, if the diamond was found on someone else's property, you may need to obtain permission before selling it.

At a local jewelry store, you can speak directly to those who will be purchasing your jewelry. If the jeweler has appraisal credentials, you can be more confident in getting a fair price. Other options may include: Pawn shops, which will buy gold and jewelry to resell.