While they may signify joyful occasions, family heirlooms can at times prove to be more of a physical and emotional burden than you may be willing to bear. While the decision regarding how to manage inherited jewelry can be difficult, letting go of these items doesn’t have to be.
Get answers to the following questions:
Is It Ok To Sell Inherited Jewelry?
The short answer is: yes of course. If you feel comfortable letting go of an inherited item, that is an entirely personal decision that you are entitled to make. Holding on to an item because you feel guilty selling it, is neither logical nor practical.
While inherited jewelry can often serve as a physical representation of a relationship, commitment, promise or gratitude; it only makes sense to keep these pieces if they hold an important place in your life. The bottom line is that selling inherited jewelry and putting the money towards your future or something that you feel passionate about, is not something to feel bad about.
If your heirloom jewelry is something that you cherish and could never be replaced, then of course do not feel pressured into selling. Jewelry and other adornments have been used for many years to represent connectedness, which may lead you to feel that without an item you will lose your emotional connection to that memory or feeling.
If you are struggling to make this decision, instead of trying to sort out how to handle your inherited jewelry items in your mind. Using a more deliberate and physical approach can be more effective. See my suggested steps to help you decide if you are ready to sell your inherited jewelry.
How To Sell Inherited Jewelry
1. Gather
First, gather all of your inherited items together and spread them out so you can clearly see each individual piece of jewelry. Once you have all of your pieces handy, divide the items into various piles, based on category: diamond rings, bracelets, necklaces, earrings etc.
2. Assess
Next, closely examine each piece, paying close attention to how it makes you feel. Commit to spending a significant amount of time holding, examining and reflecting on how each individual piece resonates with you. It is often difficult to separate a family member or friend’s feelings about a particular item from your own, especially if it meant a lot to this person. Instead of focusing on how this item made someone else feel, concentrate on how what emotions it brings forth for you today.
As you determine which items to keep, also consider whether you plan to keep these pieces on a short-term basis or over the long haul. If possible, try to limit your long-term pile to only a few key items. Be open to re-evaluating your “short-term” inherited jewelry collection periodically.
3. Sell
Once you are clear on which pieces to part with, myGemma can help you avoid the stress-free way to sell your fine jewelry. With an uncomplicated process that can be initiated online, their experts will help you sell inherited items in the respectful manner with which they should be handled.
With an understanding that your time and jewelry are precious, myGemma is committed to facilitating the sale of your jewelry to your satisfaction. Sell jewelry online or in person at their offices (NYC, UK, Hong Kong and Tokyo). They buy a wide range of luxury items: engagement rings, estate jewelry, designer jewelry, luxury watches and luxury handbags.
How it works:
- Complete the online form: Provide photos and as much information as you can on any precious stones (diamonds, sapphires, rubies etc) and precious metals (gold, platinum etc).
- Receive your free, bespoke price quote: The jewelry experts will provide an explanation of how they got their price.
- Choose how to sell: Schedule an appointment or sell online (free, fully insured shipping).
- Get paid: There is never any obligation to sell, if you refuse the offer your items are returned free of charge.
Finally, as you organize and incorporate your remaining items back into your collection, explore the different ways you plan to wear these items. Whether a piece will be worn everyday, for a particular event or on special occasions, have some fun styling the remaining items with your favorite outfits. You could also consider using the funds from the sale of your inherited jewelry to purchase some new jewelry. Choose new items that reflect your personal style, sensibility, and preferences.
4. Remember
Letting go of the physical items that our family and friends once wore does not mean that you have to let go of your memories, connection or legacy. Instead of keeping physical reminders, consider finding other ways to honor and celebrate these occasions and individuals.
Whether you look through old photo albums, participate in an activity, or travel to a place that your family member or friend spoke of enjoying, doing so may build an even deeper connection than you ever thought possible.
