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Family Antiquities: How to Get the Most Money out of Your Unwanted Heirlooms

It’s becoming more and more popular to sell valuables you no longer want to make a little extra cash on the side. So, those dusty heirlooms locked away in your closet may be put to good use after all. To get the most money out of your unwanted heirlooms, follow our tips below.

Gold and Jewelry

Most jewelry boxes contain pieces of jewelry that you no longer wear or simply aren’t in style anymore. However, now that the price of gold has increased, more people have begun selling their gold jewelry. Currently, gold can be sold for a little over $1,700 per ounce. You can sell your gold dealers who either melt it down or hire a company to do so. However, before you sell your gold, make sure you find out the value of it, so you don’t get stiffed. Some dealers are keen on only paying a fraction of what it’s worth, so it’s important to be in the know how. You can even calculate how much your gold is worth using an online calculator.

If you’re looking to sell more high-end jewelry, other than just gold, you should sell it to an estate jeweler. However, make sure you have your jewelry properly appraised before putting it up for sale to ensure you get a good price for it.

Antiques

Antique is a pretty loose term and refers to pretty much anything that’s over 100 years old. For example, these “antique” items can be anything from trading cards to tea kettles. However, the value of antique items is usually directly related to the value to the collector, rather than a standard calculable amount. You can easily sell your antique items online via Craigslist and eBay from reputable buyers from around the world. You can also visit a reputable antique shop like Harlan J. Berk, LTD to appraise and sell antique items.

Collectibles

Collectibles are items that people collect that aren’t antique, such as comic books, vintage toys, and baseball cards. Fortunately, there is a large community of collectors that can help you define the value of your collectibles. However, this cost usually depends on the condition and how rare it is. For example, current baseball cards will only go for a few dollars since they can be bought pretty much anywhere. But, baseball cards from the 1960s will be worth much more money.

With advanced modern technology, it’s never been easier to get the most money out of your unwanted heirlooms. However, before selling anything, it’s important you research the value of your heirlooms to ensure you get a good deal. So, the next time you sell an old heirloom, keep these tips in mind.

Tim Esterdahl

Tim Esterdahl is the editor of IFCS blog. He is a married father of three and enjoys golf in his spare time.

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