April 13, 2010

What About Jewelry For You Hair?????

Posted by Jessica Kendrick, G.G. under About Jessica, Antique and Estate Jewelry, Antique Jewelry, big diamonds, Buying Gold, Diamonds, Estate Jewelers, gold, Jessica Kendrick, Jessica Kendrick G G, Jewelry, Platinum, silver, Silver Plate, Silver Plated Flatware, Sterling, Sterling Silver, Summer | Tags: , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , |
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Have you ever thought about jewelry for your hair? Or, rather, jewelry in your hair? Yes! There are some fun cheap things that you can buy in any department store or other retailer. But have you rummaged through your jewelry box? Do you have some really wonderful old brooches that you don’t know what to do with? This is an “Ahhh-Ha” moment for you!

Many times there are beautiful antique combs that are put in front of me or I see them in garage sales. Ladies just don’t know what to do with them. Well, SNAP THEM UP!!! Don’t pass them by. Some are sterling too. Make sure they are in excellent to good condition.

I have old combs and wear them in my hair when the either match or clash with what I have on. Clashing just makes a cool statement. One is a big Art Deco pierced celluloid peacock tail shape with sparkly green rhinestone in it. It’s usually buried at an angle in a French twist and left to peek around the side of my head. There are SO many ways to wear it. Another way is to make a low chignon off to one side and have it peeking out the side. The ways to use it are unlimited.

Bar pins, whether real or not, are another great piece. Pin it in your hair. Real gold, platinum and real stones flip out people because it’s so unexpected. Here, again, the French twist is great for a bar pin. If you’re worried about it coming off, just add a couple of bobby pins on the pin stem and make sure to point the pin clasp end downward. It just makes your hair look fabulous! I’ve had some real ooooo’s and ahhhh’s from a platinum and diamond Art Deco bar pin in my hair. It’s really a sparkler in dark auburn hair and I’ve ALWAYS been asked where I got it.  It’s been fun to say “Out of my jewelry box.”

Got clip earrings with lots of rhinestones? Use those in your hair. Be careful about pulling them out so you don’t pull your hair out. They don’t have to match. Remember to use and odd number of items. And if you don’t use them in your hair, clip them to your plain pumps or ballet flats to dress them up. So don’t forget your toes for a little bling.

What to do with a pony tail? Set your hair how you like it, slick it back and pin a HUGE rhinestone brooch over the top of the elastic or plain bar barrette. That brings up the WOW factor in a hurry! Or clip in some clip earrings on the elastic. They don’t have to be a set, just complimentary together. I have some clip button earrings that have several strands of variegated brown beads falling that have been clipped to the top of a hair elastic. It was a great look.

For you short hair ladies, just clip the clip earrings to a small plain headband of your choice. Here again, an odd number is the best. Don’t set the earrings in the center of the headband, set them off center. Big 60’s paisley earrings are fun. You might just need only one earring if it’s really big.

A Victorian collectible is the hair twist. You see them now put out by Goody. It’s just a little thing set with rhinestones on top with a spiral of wire that’s twisted into the hair. The Victorian Gibson Girls really had something there. This is an old notion with a modern twist….ha ha on the twist. Occasionally, you can find the antique ones. They don’t look like much of anything on their own. But together, they really make an up-do. I have numerous of them. They are one of the obscure things that I collect. Quite a few of them have diamonds, amethysts, zircons and one with a signature of Mauboussin in 18kt gold

Dig into your jewelry box, your Mom’s or better yet your Grandmother’s. Look in garage sales for sweet finds. Check out the local antique mall or resale shop. There are combs, earrings and brooches that are out there just waiting to help bring a little bling to your hair and add a little more sparkle than just your eyes. Sparkles to everyone!

 

March 25, 2010

What Makes A Cameo Good?

Posted by Jessica Kendrick, G.G. under About Jessica, Antique and Estate Jewelry, Antique Jewelry, Buying Gold, Estate Jewelers, Jessica Kendrick, Jessica Kendrick G G, Jewelry, Jewelry Sales, silver, Sterling, Sterling Silver | Tags: , , , , , , , , , , , , , , , , , |
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O cameo, O cameo, where for art thou cameo? There was a time when all I ever saw was cameos. Now I rarely see them and what has been presented, well, the ladies just aren’t very pretty. Granted beauty is in the eye of the beholder but once explained, you too will be looking at a cameo with a different eye.

What is a cameo exactly?
The brown and white cameos of the Helmut shell are what most people think of first. The upper portion or raised portion is usually white and the bottom or background portion is brown. A cameo is always raised in the carving fashion. If the central figure is lower than the background, it’s not a cameo. It’s an intaglio (pronounced IN- tal-leo) and it’s another subject altogether.

Material
A cameo can be made from any material. Soft materials easily lend themselves to the artists’ talents. Materials such as shell, coral, mother of pearl, amber, or lava have been popular. Other materials often used were banded agate, chalcedony, onyx, labradorite, moonstone, malachite to name only a very few. The harder the material to be carved, the finer details the carver can achieve. Gutta Percha is a mixture of rubber and sulfur used in the Victorian era for cameos. It was cheap, easily carved and could be molded into a shape for mass production. The sulfur emits a rotten egg odor when worn next to the skin and isn’t a pleasant odor for any woman in my book….ewh!

Carving
Look at it closely. Is it fine, detailed, or jagged? Is it hand carved or laser carved? Let’s use a Greek Goddess as an example. Are her chin and nose pointy or do they softly round? Are the curls in her hair jagged or are they round like a curl should be. In other words, how close to a normal appearance of woman does it look? If it’s a laser carving, it falls into a different category and I only pay for the setting.

Subject Matter
What is the subject matter? Is it a Greek or Roman God or Goddess’s likeness, or a Flapper? Is it a battle scene, Angels, flora or fauna? Is it a carving of a famous Royal for a family member? The subject matter is an important point that greatly influences the value of a cameo.

Period
Is it new or modern? Is it Art Deco (ca.1920-1935), Edwardian (ca.1900-1919), Victorian (ca. 1837-1900)? Victorians loved cameos and many cameos were carved then. Italy was the center for carving. If it was an exceptional cameo the artist signed it and some artists signatures are very valuable.

What is the cameo set in?
Is it in a bezel for a pin/pendant, a ring, a pair of earrings, a bracelet, a box, or a dish? Are there stones in the bezel or on the cameo itself? Is it in gold, silver, 800 silver, filigree bezel, or a mixture of silver and gold to name a few possibilities? Just because it’s a cameo doesn’t mean that it has to be a piece of jewelry. The fancier the holder or if it’s a piece from a famous jeweler or carver the more valuable it will be. Rings, pendants, and earrings are more popular than pins and brooches are.

What makes a cameo valuable?
That’s a many sided question. First thing that I look at is the condition, condition, and condition. Has a shell cameo been stored in a safe deposit box, allowed to dry out, and left with cracks? Have any of the high points like a nose or chin knocked off? Or is it barely recognizable as a cameo due to wear? Poor condition gets low prices. Then next for valuation is the bezel, the material, subject, where it was manufactured, is it a piece of jewelry or other item, is it an unusual item, and the age or period. This is just a few of the things that I look for when valuing a piece.

In our current market cameos are not popular. This provides you the golden opportunity to snap up a good buy. Check out the antique and estate dealers and even garage sales. Antique and estate dealers are happy to show you various kinds of cameos. Cameos are a beautiful sight to behold when they are well executed and nothing is more feminine. Everyone needs a cameo “something” or “somethings” in their jewelry wardrobe.

 

March 20, 2010

Boxes, Bags & Pouches: What To Keep and What NOT To Keep

Posted by Jessica Kendrick, G.G. under About Jessica, Antique and Estate Jewelry, Antique Jewelry, Diamond Sales, Estate Jewelers, Jessica Kendrick, Jessica Kendrick G G, Jewelry, Jewelry Sales | Tags: , , , , , , , , , , , , , |
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We all have a plethora of jewelry boxes, bags, and pouches from gifts or purchases. What to do with those things is the question. Sometimes you use them to re-gift the item or a different piece of jewelry. Sometimes we toss out things that shouldn’t be tossed out. Here’s how to tell what to keep and what to dispose of.

Signature Boxes
Those are boxes that you get from a significant jewelry store. An example would be Tiffany & Co., Cartier, Bulgari, or Van Cleef & Arpels, to name a few. In other words, anything that was an expensive or branded jeweler will have a box and most probably it will be double boxed.

My sister was about to throw out her and her husband’s Rolex boxes for their 2-tone Rolex’s. Luckily she told me about it and I explained that they have a value and are part of the watch value itself. And, what she didn’t know was just the empty box has a value. Rolex has an inner box and an outer box. Both should be kept. When working in New York Diamond District, the company I worked for specifically would look for Rolex watch boxes and other designers.

Old boxes from fine jewelers that are no longer in business are other boxes that should not be thrown out. Old Bailey, Banks and Biddles, or Black, Starr and Frost, Shreve Crump & Lowe, David Webb, or Peacock would be very good examples. The boxes from the first two jewelers should be pre-1960’s. This would be well before these jewelers were gobbled up by large jewelry chains.

While out on a buy, I look specifically for fitted boxes from the older jewelers. If a piece of jewelry comes across my desk and it has a fitted box, a premium will be paid. A fitted box means that the box was made particularly for the jewelry item contained inside. It’s common to find these boxes dating from 1940’s and earlier. Turn of the last century and Victorian era, it was very common to find these boxes. They are desirable, fitted or not, and they can have a cash value.

Materials
Boxes can be made out of many kinds of materials. Most common is paper. Leather, suede, wood, silver, bakelite, shagreen, plastic, or velvet covered boxes are common. Shagreen can be valuable and highly desirable. It looks similar to a blue/green polka dot leather. A signature inside the box always gets a premium.

Jewelry Bags & Pouches
Keep jewelry bags and pouches that have signatures. If there isn’t a signature, don’t keep them if you don’t want to. These little pouches do come in handy for travel and for little gifts too. Here again, it’s all about the condition of the bags or pouches. They need to be in very good to excellent condition.

When and if you decide to sell your jewelry, do take in the box, bag, or pouch. This will give you a little extra cash in the sales. It’s one of the first questions asked about any nice piece of jewelry when it’s placed in front of me for sale. The box, bag, or pouch must in very good condition for me to give extra for it.

Rule of thumb about boxes, bag, or pouches: If it’s common and you don’t want it, then, throw it out and don’t give it a second thought. If it’s in poor, used or in bad condition, then it won’t have any kind of value even with a signature. Toss it. It’s a shame to toss a great signature box in the trash but many blue Tiffany & Co. boxes in bad condition have gone into my waste basket.

Now you have an idea what to keep, what to toss in the trash, and that some boxes actually have a monetary value. With this in mind, you are free to de-clutter or gift your boxes, bags, or pouches. Save the good ones or even sell them! That’s more found money for you!

 

March 4, 2010

How To Understand Gold Karats

Posted by Jessica Kendrick, G.G. under About Jessica, Antique and Estate Jewelry, Antique Jewelry, Estate Jewelers, gold, Gold Testing, Host a Gold Party, Jessica Kendrick, Jessica Kendrick G G, Jewelry, Selling Gold | Tags: , , , , , , , , , , , , |
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One of the most common questions that’s asked is to explain gold karats or fineness. I wish I had a dime for every time it was explained. You would be amazed at how wealthy my bank account would be. It’s really simple and it’s not rocket science either. Let me share with you.

Firstly, just because it’s stamped a particular karat doesn’t mean it’s really that karat. Quite often, jewelry from overseas is NOT the karat stamped. There have been many pieces of jewelry handed to me that are stamped 22kt. or .916 and once tested, it’s 14kt. How does that happen you ask? Easy. It’s SOOOO simple once you have a tiny little stamp to stamp anything you want or any karat that you want. Not all jewelers are scrupulous. The item in question is made out of 14kt. and then flashed or plated with 22kt. If the vendor or jeweler does that on a large amount of unsuspecting buyers, well, it’s all in the profits gained.

When going to purchase your jewelry or gold from overseas, purchase from a LONG time jeweler or dealer with good standing with the cruise line, local area, or travel agent. This’s where you’re safe. These vendors have their reputations to lose and your trust is very, very valuable to them. Especially, in this economic market. Once a reputation is damaged, as in anything, it’s extremely difficult to recover.

When you buy your gold item, you’ll see the hallmark or stamp on it. It will not be exactly that karat. There is a legal tolerance that the original vendor or manufacturer has to stay within. It differs all over the world. But it has to be CLOSE to the karat stamped. Often items brought to me won’t feel right. The heft in the hand is off. The feel is something one gains over having had a lot of gold run through their hands. Different karats have different densities therefore “feeling”  or hefting differently. If there’s a question about the karat, acid is used to determine the exact karat. Acids never lie and they are fool proof.

The fineness of gold is as follows:

24kt.=pure gold
23kt.=.9583 fine
22kt.=.9166 fine
21.6kt.=.900 fine
21kt.=.875 fine
20kt.=.8333 fine
18kt.=.750 fine
14kt.=.5833 fine
10kt.=.417 fine
9kt.= .333 fine

These are the percentages of gold in the individual pieces. The remainder of the metal in your item will be alloys. As an example, an 18kt. ring has 75% gold and the remaining 25% is alloy. It follows through for the rest of the karats too.

If you have an item that has a “P” after the stamp (i.e. 14KTP), that means “Plumb”. Plumb gold means that it’s exactly the karat it’s marked.  It doesn’t differ one iota. It is a little more expensive but worth the search when looking. When purchasing, I look for that stamp. If it feels right then it’s just added to the karat pile to be purchased.

There are a couple of other hallmarks or stamps that you should be made aware of. When you see a GE or a HGE after the karat mark (i.e. 18kt HGE), that’s NOT gold. Those hallmarks stand for “gold electro plate” or “heavy gold electro plate” respectively. It’s not uncommon for people to bring items in with the karat and GE or HGE in the hallmark and thinking it’s gold. Bad news isn’t always easy or pleasant to tell someone.

Gold karat or fineness is easy to understand and as promised, it’s not rocket science. No genius involved here. So purchase from your trusted jewelers, vendors, or dealers with knowledge that they have your best interests first and foremost.

 

February 16, 2010

How To Set A Perfectly Beautiful Table With Silver Plate AND Sterling Together

Posted by Jessica Kendrick, G.G. under Antique and Estate Jewelry, Jessica Kendrick, Jessica Kendrick G G, silver, Sterling, Sterling Silver | Tags: , , , , , , , , , , , , , , |
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In my travels, there is so much silver plate that runs through my hands. Some of it’s dreadfully black with tarnish, some has been kept beautifully, and some is in terrible condition. It is unloved and not well thought of. Of which, I find quite surprising, in spite tarnish. Gladly, I’ll take it off of someone’s hands. The newer silver plate is not heavy and the plate doesn’t wear well. I pass on that stuff. The old silver plate is just wonderful with the patina of age and I quickly buy it when it comes in. It’s cleaned up, polished brightly, and then put into my silverware drawer for everyday use.

Have to tell a story here. My mother decided she liked the silver plate in my silverware drawer and asked me to be on the look out for serving pieces. Well, a bee-u-tee-ful cake/pie server came in just before Christmas. It cost hardly anything and was the deal of the day for me. It was very ornate and had a shape similar to a trowel. It’s just perfect to serve with. It was shown to my sister for approval and she looked very longingly at it. Now she wants some of the silver plate and my mother loved, loved the cake/pie server.

The thing about the older silver plate servers is that they are unique, have specific uses, show true craftsmanship, and mix wonderfully with a table set with sterling. Sterling servers can sometimes be a bit pricey on their own. But the alternative of silver plate is practical in price.

Taking care of it is easy. If it doesn’t have a hollow handle, you can put it in the dishwasher. I don’t know about you, but easy is good. The dishwasher cleans it wonderfully. Just put in ½ of the dishwasher detergent unless you are using NEU dish soap. That is THE best dishwasher detergent…..BAR NONE. The other NEU products are just as wonderful. It’s safe for sterling too. Just put a few pieces in the dishwasher basket. Here again, no hollow handles. When finished, put it in a Ziploc bag with all of the air out of it and it will stay polished if you use it for special occasions. Otherwise, just use it and that will keep the polish.

When you get your new-to-you silver plate, polish ONLY with paste polishes. Never, ever use silver dip. It will absolutely ruin the silver plate or sterling and the patina. The patina develops over time. Patina gives silver plate and sterling a glow that can only be achieved through time. The large auction houses only use paste polish. If the auction houses use paste, then I’d be strongly inclined to use paste too…..and I do. I am a sister of the black hand…..the color that your hands get from polishing silver with paste polish.

Old silver plate is ornate. You will find that the back of each piece is decorated, not just the front. Victorian pieces are highly ornate on the back. It’s hard not to appreciate even a lowly little pickle fork that is as beautiful on the back as it is on the front. There is one in my drawer that dates to 1880’s with sweet little Forget-me-nots on the front. The reverse side has the same but what would be the backside of the flowers and leaves. It is just darling.

Now to set your table: Mix everything. There is something to be said for everything that matches on a table. AND, there’s a lot to be said for mixing everything on the table. Last Thanksgiving, I was given the table to set at my sister’s house. I mixed everything all together. Sterling, silver plate, mother of pearl handled flatware, crystal and plain glass were all on the table. My sister was in the kitchen with the pecan pie while I finished the table. It was perfectly lovely. I had brought my servers and other flatware from home. Previous to that moment she wasn’t quite convinced about silver plate until she saw it all out on the table. She was amazed and you will be too.

There were different kinds of servers that were originally intended for very specific uses. Not any more. At Thanksgiving they went to other jobs instead. The thing to remember: There are NO rules about how you use your servers. They can be re-tasked. I use a silver plate bullion spoon for my everyday tea scoop. It’s just the perfect amount for a pot of tea.

You can’t exactly come out on a buy with me to get these lovelies. What you can do is hit your local garage sales, check your grandmother’s silver drawer, or look in antique shops. People just don’t want to polish and you can pick up some deals for little cash. Sometimes you can even hit a jackpot and pick up a sterling item. While looking for that piece, make sure there is no copper or brass shining through. There should not be excessive use either. Look for the items that are in very good condition. Don’t get scared away by tarnish either. You can polish it back to beauty.

Now you, too, know the secret of a beautiful table that’s not going to cost an arm and a leg. A table set with polished silver or silver plate is a sight to behold for a special occasion as well as every day use. The fancy serving pieces will always get comments from a guest. You can just smile and let someone think that it’s sterling that you use for everyday. Besides the nice thing about silver plate is, if it wears out, you can just throw it away without any guilt. Happy hunting!

 

April 21, 2009

Diamond Prices Continue To Fall Like A ROCK!!

Posted by Jessica Kendrick, G.G. under Antique and Estate Jewelry, big diamonds, Diamond Sales, Diamonds, Jewelry, Jewelry Sales | Tags: , , , , , , , , , , , |
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february-09-041wordpressMy last blog title was “Diamonds are Down in Price……EVEN FURTHER!” but diamond prices are at a record low now.  It’s now making headline news on TV.  When was the last time anyone has heard of DeBeers closing a mine….let alone 2?!  This just happens to be a first.  There is a huge glut of diamonds in the world wide market.  If you ever wondered if we are in a global economy, this is your supreme example of it and wonder no more. 

 

DeBeers is a boy big and can afford to take the hit.  The unfortunate situation is that the employees of DeBeers, cutters, site holders, diamond dealers, finished wholesale goods, and your local Mom and Pop and estate dealers are hit the hardest.  The ripple effect is gigantic and it affects everyone everywhere down to the local people in your community like the waitress that is waiting tables for tips.  

 

How does this help you as a retail customer?  It is the BEST, I repeat, the BEST time to buy a diamond.  Some diamonds are reported to be up to 60% off of the Rapaport Diamond Report list price.  Imagine getting 60% off of the Kelly Blue Book for that favorite recent loaded model of a boss Mustang.  You’d think seriously about buying that wouldn’t you?  It all adds up to an extremely profitable situation for the retail consumer.  When was the last time the retail consumer got such a deal in the diamond industry?  Never!  BUY, BUY, BUY is all I can say.  And hurry up cause it’s not going to last!

 

My first word of caution has always and will always be not to sacrifice color, clarity, make, proportions, fluorescence and thickness of girdle just for carat size.  You have to have it all.  Otherwise, it’s just a bad buy.  A sizeable bad buy now will be forever a bad buy.  Diamonds are not an investment.  But in this market you might just be able to make a truly lucky score.

 

Go for the diamond shapes that are NOT in style.  You really can get a sizeable piece of ice for your finger, neck, ears or where ever you want to put it. The shapes least favored are Marquise, Heart, Pear, Emerald and then comes all the funky recent fancy cuts like Tycoons and Hearts and Arrows.  Stay with the traditional cuts and you will be safer.  

 

If your local jeweler or estate dealer has a diamond in for you in memo (short for memorandum – on loan) then the price is usually set.  Know that you can always ask for a discount and the jeweler may go back to the diamond dealer to get a bit of a discount.  Everyone is asking for discounts now.  It never hurts and all that they can say is no.  They may not have any wiggle room on the price.  A little bit of something to a jeweler is better than a whole lot of nothing.  If it was a diamond that was able to be purchased straight out from a private then there may be some real room to negotiate.  The jeweler may tell you straight out or they may not.

 

Put your shopping hat on, get out there, and go buy a diamond.  It’s a fantastic time to buy for the retail consumer.  And believe it or not your buy will eke it’s way into the economy and help everyone out.  After all, you, the consumer, are the humble beginnings of the world wide global economy.  So start the ripple effect, do a good deed, and get your self a bonus of a big honker diamond!

 

PS I am leaving for Hong Kong early in the a.m.  I will be writing about the pearl market.  Pearls are another great deal right now.  Next blog, you will know how to buy pearls for deep discounts.  Pearls are for any and EVERY girl.

 

April 8, 2009

Diamonds are Down in Price……EVEN FURTHER!

Posted by Jessica Kendrick, G.G. under About Jessica, Antique and Estate Jewelry, Diamonds, Jewelry | Tags: , , , , , , , |
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february-09-041wordpressDo you want a diamond?  Have you ever wished you could have an upgrade big honker on that all important third finger of the left hand?   Are you in the market to buy your engagement ring?  Well, let me tell you there are some DEALS out there!  Buy it NOW!!

I was in Ft. Worth on a buy last week and because diamonds are not being sold, the prices for diamonds are continuing to fall.  The prices are falling steeply.  Why you ask?  Well, is it more important to have gas in your car, groceries, pay a mortgage or those things?  These are the issues that are near and dear to most people at the moment.  Diamonds are not a necessity therefore they are not selling.  If they are not selling then the price has to go down from the sellers.

As I asked earlier, do you want a big honker diamond?  Well take into consideration the cuts that are not “in fashion” or “in style”.  All cuts go through there highs and lows of demands.  Cuts that are “in style” right at this moment are rounds and princess cuts.  The worst and most out of style are the heart shape and the marquise shape.  Think along those lines.  Start YOUR own trend.  These are deeply discounted.

Heart shaped is difficult to move and really doesn’t look quite right on the hand. Does the heart face you or away from you is a normal question?  It makes the best statement as a pendant.  They can be lovely and very sweetly feminine pendants.  Make sure that it has the correct outline of a heart shape.  You will know it when you look at it upside down or table down.  Does it look symmetrical?  Or fat and stubby?  Or thin like a contact lense?

Marquise can be bought for such good deals.  Simply no one wants them.  If you have to have what’s “in style”, then by all means do it.  But if you want to go for SIZE on the hand, then marquise is THE way to go.  They were very, very popular in the 90’s and everything that is popular only has a short life span.  It will be saturated in the market places to the point that everyone will have one and then the popularity quickly goes down the steeply.  You can profit in this by choosing a diamond shape that is unpopular.

Think about size this way.  Would you like to have a 1.00ct princess cut with a premium price or would you rather have a double-ish the sized marquise cut diamond with a discounted price?  This is with similar colors, clarities, etc.  This can possibly be a very do-able situation.  My money would be on the marquise if the choice was to go for size.   You will have to hunt for your deals.  An estate dealer that buys from the public will give you the best deals.  

Do know, you’ve got to find a well cut marquise.  It will look similar to a football shape.  Here again, do your homework.  Have a dealer or your gemologist show you what a well made marquise cut diamond looks like.  Make sure you look at it loose.  Place the diamond upside down on the table or flat side.  This is the easiest way to look at a marquise for a lay person.  Not short and stout, not long and narrow, not thin or thick in depth but you want a shape similar to a football.  Once you’ve seen one you will understand what I am saying.

This is information that public just doesn’t have access to and you now do.  Choose the best color, clarity, make and proportions, little fluorescence.   If you can afford to go buy a diamond now, go buy it now.  Don’t delay.  There are deals to be had. 

P.S. I am in Frisco Hilton Garden Inn on Gaylord at a buy show.  Come see me.

 

March 28, 2009

Gold Parties?……..Do it?…Well…….Maybe

Posted by Jessica Kendrick, G.G. under About Jessica, Antique and Estate Jewelry, Buying Gold, Diamonds, Host a Gold Party, Jewelry, Selling Gold | Tags: , , , , |
[7] Comments 

february-09-041wordpressCBS morning aired a story on Gold Parties and there are some things to consider about them that the story didn’t cover.  It was enough for me to post a comment.  Please see the attached link to make your own assessments after you read my comment.  It will enlighten you and give you the information you need to ask questions about if a gold party is going to give you the cash you want or not.   

The comment was posted 12:27 PM : Mar 25, 2009.  The comment is listed in whole below.

As a Graduate Gemologist in the jewelry industry for 25 years, I would be cautious about gold parties. I have heard about good ones and more often than not the bad ones. Bounced checks, not enough returns for the amount of gold brought and problematic security issues are just a few most notable problems.

There are great reasons to have gold parties. It can be a good and a fun business transaction. It is found money that everyone needs right now in this economy. Quite often, when business is conducted correctly, an individual can get more cash in hand than when you go to other dealers or jewelers. More often the greed factor is a strong motivator to make more per ounce, gram or pennyweight than what is ethical. Before you attend a gold party, make sure of the following: you trust the individual throwing it, that it is a safe and secure place for you to go, cash is the order of the day and the buyer is very knowledgeable about the subject matter.

It is not unusual to have a piece of gold that crosses my hands that is worth MORE than just the gold value. I am a Graduate Gemologist with particular training in the estate, antique, signature and period pieces of jewelry. In the past, it has been my place to give information about the item(s) to the perspective seller and specifically ask if the individual was sure they wanted to sell it. I guarantee that the unsuspecting gold buyer will send the item(s) to their home office. The home office will inspect each piece and is expecting that their buyers will be making a lucky buy to garner them more money. This is not right and is one of the HUGE pitfalls of a gold party. There are good buyers and bad buyers out there. Sellers beware! Do your due diligence when selling your hidden treasures from your jewelry box. Jessica Kendrick, G.G.

http://www.cbsnews.com/stories/2009/03/24/eveningnews/main4890550.shtml?source=search_story

 

PS  I am in Fossil Creek Courtyard Marriott in Ft. Worth buying for the week of  3/30 to 4/4.  Come see me!

 

March 19, 2009

I am in Amarillo, TX…..Buying…..Everything!

Posted by Jessica Kendrick, G.G. under About Jessica, Antique and Estate Jewelry, Buying Gold, Diamonds, Jewelry, Selling Gold | Tags: , , , , , , , , , , |
[2] Comments 

february-09-041wordpressI work for a company that sends me out on buying trips and currently, am in Amarillo, TX at the Ambassador Hotel buying….. everything!  Everything equates to: gold, silver, coins, diamonds, scrap, flatware, and certain collectibles. It is a great company to work for. The prices paid are fair to the individual and people leave happy with cash in their hands! I will be in Amarillo until Saturday evening when the show closes.

 

What to bring? Bring everything that you think you would like to sell, even if you don’t know what it is or anything about it. I can tell you what it is or what it isn’t. I have over 25+ years in the business buying, with a substantial amount of time on the road doing just this. There is no charge to do this. It is easy, comfortable to do, fun, safe and in no way are you pressured to sell. There is always “found” money in old jewelry boxes that you don’t know that you have.

How it works. Bring your item(s) in. They are identified and then priced. The better the piece you have, the better the price you will receive. You will have fun identifying what you have. You will be shown the procedures of how to identify different karats of gold and silver. This is not normally shown to people selling their merchandise. You will be shown the inclusions in your diamonds so that you can better understand the grades. You will have the power of information that you didn’t have when you came through the doors.

Once a price is agreed upon, your information is taken, and then you will receive a cash payment. You must supply a driver’s license or other valid identification in order to receive payment. Then you are done. I have had numerous people come back numerous times. We have had fun transacting business. Just think, when was the last time you had fun in a business transaction?

So bring in your items for sale. It’s your own personal treasure hunt! If I am not available, there are others who are knowledgeable, ready, willing and happy to help you.

P.S.  I will be in Ft. Worth at the Fossil Creek Courtyard Monday 3/30 to Saturday 4/4.  Come see me.

 


Others to recommend besides me:
 

For sales and purchases of your fine and antique silver

 

Beverly Bremer Silver Shop

3134 Peachtree Road

Atlanta, GA  30305

800-270-4009

404-261-4009

http://www.beverlybremer.com

 

For sales and purchases of your fine and antique jewelry, diamonds, watches, scrap, etc.

 

Elena Acquadro

579 5th Ave., Suite 3414

New York, NY  10017

917-670-9386

Email:  elena2000nyc@yahoo.com

 

The Estate Jewelry Center

Joel Conte

367 Highland Ave

Augusta, GA  30909

706-364-4111

Email:  tejc@knology.net

 

A. Tiffaney & Son

Kirk Weisman

Northern Trust Bldg.

1515 Ringling Blvd., Suite 990

Sarasota, FL  34236

941-366-1014

http://www.webuyyourjewelry.com

 

 

 

 

 

Disclaimer:  This is an opinion of a Graduate Gemologist.  Use your best judgment.  It is your responsibility of due diligence for your purchase(s) and/or sales.

 

 

 

 

 

 

 

March 10, 2009

Buy Big Diamonds – The Market’s Down

Posted by Jessica Kendrick, G.G. under About Jessica, Antique and Estate Jewelry, Buying Gold, Diamonds, Jewelry, Selling Gold | Tags: , , , , , , , , , , |
[4] Comments 

 february-09-041wordpressRight now we have a volatile financial market.  Should we hide money in the mattress like our grandparents and great grandparents did?  Is there going to be a run on the banks with so many failing?  You can’t put your money in stocks or gold either.  But now is the BEST time to invest in large diamonds – especially large stones from 1.5 carats and up. 

 

 

Have you heard of the story about a gentleman during the Great Depression that hocked everything that he owned to buy land and came out a very, very rich man once it was over?  We are close to the same position as the Great Depression. 

 

In recent times when the stock market dropped down to dangerous levels, everyone who had money invested in large diamonds instead of the stock market.   Now, no one is investing in diamonds.  Currently, the diamond market is dropping.  Rapaport Diamond Sheet, the “Kelly Blue Book” and jewelry industry pricing guide for diamonds, has dropped prices on diamonds because no one is buying larger diamonds in the current recessionary market. 

 

 

Buy Diamonds here. There are several places to go to buy a diamond.  Your best deals are going to be the ones that you have to work for.  Do your homework, shop, compare and do your homework again.  Look online too.  Blue Nile.com and Amazon.com have good online reputations.  Estate and second hand dealers are going to give the best prices.  They usually sell their merchandise quicker.  Therefore, the savings can be greater. 

 

Certified is best. If you can, get a GIA (Gemological Institute of America) certified diamond.   Do know that you will pay a bit more for a GIA certified diamond but the information contained in current certificates is rarely disputed.  Or, have a reliable GIA Graduate Gemologist and/or jewelry professional that you trust in your corner to counsel you about your purchase and make sure the certificate or other information you have received are one and the same.  If the diamond does not correlate exactly to the certificate or the information given to you from the Seller, make sure that you can return the diamond.  Be careful and check the return policy before you plunk down your hard earned cash. 

 

  A jewelry professional that is not employed by the Seller is your safety net.  Gemological services come with a price and possibly less of a price for verbal services.  

 

Shape is an important factor.  Round is the best shape to purchase as it always trades well. Currently, Princess cuts are in fashion.  Marquis and heart shaped cuts are trading with deep discounts.  Know that all fancy shapes go through trends with the exception of round.  Round is the shape that is always in fashion.  The Rapaport Diamond Report devotes a pricing sheet specifically to round diamonds. 

 

What size to buy? Buy a minimum of a 1.00ct.  2.00cts. is better.  Bigger is better.  But do not sacrifice color, clarity, make, proportions and fluorescence just to get a big diamond.  As an example, you would be best to buy a 1.00ct., G color, VS2 clarity, Good make and proportions with faint blue fluorescence rather than buy a 2.50ct., K color, I1 clarity, poor make and proportions and strong yellow fluorescence.  Go smaller and keep all of the best colors, clarities, makes, proportions and fluorescence that you can.  Just don’t go under 1.00ct.  When you buy the best, it will provide you the best cash in hand later.  

 

Tempus fugit.  Know this market is fleeting and the sale won’t be a quick flip.  If I had a crystal ball to tell you when market would end and when for you to sell, I would be a very rich woman.  But just like anything else, it’s timing and NOW is the time!  Buy and buy big! 

 

 

Disclaimer:  This is an opinion of a Graduate Gemologist.  Use your best judgment.  It is your responsibility of due diligence for your purchase and/or purchases.

 

 

 

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