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Turn carats into cash: What's your jewelry worth?

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    Tips from jewelry buyer Kara Collins

  • Duration 4:44
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Got all of this next story in today's crazy economy stocks are I wouldn't jewelry is in -- And now more than ever women are trading in those favorite family heir looms for cold hard cash so what's your jewelry worth right now and -- the ground rules for new sellers well joining us right now is car Collins an expert buyer at circuit the largest international buyer of fine jewelry in the world -- -- into -- morning your world headquarters right around forty ninth street doctors are.

-- -- and it's so nice to know what to do.

What we do is we are the largest international buying firm in the world.

And we buy from the public so they're used to be a stigma attached to selling your jewelry recalled that the 3-D divorce -- Or -- and that's no longer the case so what people are doing is they are.

Turning that you know and on worn jewelry into you know new opportunities and shopping -- now milking it didn't know we've -- -- -- as story on.

Then we appreciate it because it's going to be in valued -- And beyond your value and intrinsic out also one of the d.s is is big right now and -- a lot of people suddenly it didn't mean Christmas is coming tonight.

You know I've got this thing from Graham -- maybe I could sell it get enough money to buy tickets and so absolutely and you can also what happens is on it's not necessarily the most people try to need.

To sell its -- want to seller Torre.

All jewelry and watches have the resale value your military weren't so let's look at some of the jury that you Brian where are these pieces that people brought to you yes these are all from our ten locations worldwide -- -- -- they were purchased on.

From our clients who come in and you know this particular piece I have value hearings these hearings are diamonds and of black and white diamonds and eighteen carat gold.

They were you know from a woman who -- no longer wears them anymore they're gifted from her former husband.

She is supplemented Torre never really wore them just a couple times she -- and you immediately sandals are more flat.

I would say these are worth just over 5000 dollar and you -- check right then we've rated median payment checks and I sound like a reality show I.

MI likeness let's keep moving through the list all right okay with this case it's a four carat eat -- GIA certified diamond oval.

-- great shape this was as -- gift that was -- but the person.

-- it was their fortieth wedding anniversary they wanted to increase the size so they came in to upgrade I actually I.

Okay -- upgrading from NASA we wrote a check for about 65000.

Dollars -- flat as this one yes right what's next.

And then this is circa 1960s.

At sapphire diamond set in platinum.

This is a perfect example of someone inherited this piece they did -- know what they had so they came in reevaluated today.

We made -- the offer and they except today and decide garnered overs 50000 dollars which they applied to a new family vacation on their situations where something just it's nice that she's had style.

-- that affect the -- sometimes it doesn't it not for us it sometimes doesn't fit in their lifestyle so that's why we are so.

Circuit has facilitated that -- that piece you just showed its car is relatively intricate and I think he mentality would be before so I should clean it up.

But maybe that's not a good idea it's not a good idea it's just not necessary we are for professionals who are trained takes our our way I see past the -- exactly weekend that we actually -- training takes on almost a year.

In fact so we can see past all of those little on hindrance is so I have a mood ring that I'm willing to give.

It turns out it doesn't really make -- what do you want.

Went off for it I think -- -- with them not -- You OK okay -- this if you will bring you original boxes does that add -- you -- it does especially with signed pieces as for instance from -- a lot so it's an agreed green -- Alina it's.

Is signed that's a sign peace an example it's not something scientists from Tiffany and company should Cartier -- from our panel our graph.

Those will garner the premium pricing from us as far as watches go it's very important to have your box and papers with.

What about this from the Titanic right and -- yes and it is fantastic he's -- And -- stone hang angling -- just in case for them for my Christmas that's.

-- usually it's like I'll align our manager has been watching this is 250000.

Brad and I.

I think a lot just to -- -- attention -- -- -- Exactly right -- did you -- -- so if people are you know times are tough and it's opposite in the closet and that we're in and maybe this is the time notice.

Is forcibly go absolutely all right thank you very much thank you please visit us -- Isaac Sowells dot com or rituals dot -- -- -- come of his if you engage in regional.

-- that a little blurred the -- yeah.

-- -- -- -- -- -- -- -- -- -- Around that it is that we're gonna talk Cairo right back.

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