Are you in need of quick cash? A financial emergency may have taken place. For example, the car you use to get to work may have broken down and need to get fixed. No matter the type of financial emergency you are dealing with, you might want to find a way to make money as quickly as possible. Although you may feel stressed out a bit, there are some options that could help you with your dilemma.
Have an Impromptu Garage Sale
If you cannot rely on your check to help you with the financial emergency because you will not receive it for another week or so, you may need to take action immediately. Going through some of your belongings and deciding to part with items you have not used in years could help you earn some extra cash. Simply put a sign outside of your home, place the items you want to sell out on a table for display, and see what you can sell.
Even if you do not manage to sell everything you were trying to get rid of, receiving any bit of cash that could go toward your financial emergency would make it worth it. If you have an extra day or two to plan things out, you can let some of your neighbors know when you are having the garage sale. If they know you are selling high-quality items for a great price, they may want to come over and check it out, which could help you reach your monetary goal.
Obtain a Collateral Loan
Do you have bad credit and believe a traditional lending company would never provide you with a loan due to your credit score? If so, consider getting help from a company that would allow you to obtain a collateral loan in exchange for valuable jewelry. It is a win-win situation for you for two reasons. You can get the cash you need instantly instead of waiting weeks for an approval, and you do not actually have to sell your jewelry. Instead, you trade the valuable jewelry for the cash, and then you can get it back as long as you finish paying off the loan by the deadline.
Different situations can occur that would cost you money. If you were not prepared for an emergency to take place, you might not have enough money to take care of it on your own. Having a garage sale is one way to get quick cash in a pinch. You could also trade in some of your valuable items for a collateral loan that you could use to take care of the emergency and eliminate your stress. For more information on collateral jewelry loans, check out websites like http://solsjewelryandloan.net/.
There are some jewelry companies out there, such as House of Harlow, that like to go back to human roots and explore antiquated forms of art. These pieces may not always be labeled with their jeweler’s mark, so if you expect to find and purchase some of their older pieces at auction, you should first become familiar with their styles. Here is how to identify some pieces from House of Harlow (H of H), as a starting point in your jewelry auction adventures.
Antiquity Meets Ancient Deities
The names of many of the jewelry pieces by H of H often include the name of a pagan deity. While the attempts are to remind people of ancient goddesses (because the jewelry is typically marketed toward women), there may be a male deity name attached to a few pieces too. The primary idea is to think about ancient civilizations when you view these pieces, and the names of the pagan deities help you picture these ancient times, places, and religious symbols in the right light.
Ancient Deities Meets Avant-Garde
When you look at a genuine piece of H of H jewelry, there is a definite feel of avant-garde art and design involved. The shapes are basic, but they clearly would not be symbolic of anything without a title or some small back story to go with them. The names of the pieces, with their deity names, helps you see what the artists and designers of these pieces was shooting for.
If you spot a piece at auction that looks like it could be an H of H piece, look for a very “avant-garde meets ancient deities and antiquated symbols” sort of appearance. A House of Harlow jeweler could tell you for certain, but using an amateur eye to pick out auction pieces and collect them first will have to be your job. Some auction houses even make the mistake of selling these items as just antique jewelry made of silver or gold, but the real deal is much more than the sum of its precious metal.
What Happens When It Is NOT a House of Harlowe Piece
This is bound to happen. Most amateurs get excited about finding what they think is a real H of H piece, and it just ends up being a different jewelry designer, manufacturer, or a true antique, avant-garde piece of costume jewelry. It is okay; you still get a nice piece of jewelry that you are fond of or attracted to, and you know it does have some resale value because of its original auction value. Buying jewelry is a learning process, and you will get better at recognizing these specific pieces of jewelry over time.
Check out sites such as Fashionest to see what H of H jewelry looks like.
The resale market is huge these days—about 16%-18% of people in the U.S. will shop at a thrift store at some point during the year and 12%-15% will shop at a consignment store. While that’s great news if you’re in the resale business, the flip side of that increased consumer interest is increased competition. While you might have once been the only resale jewelry store in the area before, you could now be facing stiff competition from a number of new resale jewelry shops that have cropped up. How can you make sure that customers keep coming through your door instead of heading off to a competitor’s store? Here are three important things you need to do.
Teach employees the art of subtly encouraging bigger sales.
Routinely building higher sales is an important way to build your revenues. Whether you cross-sell (“Would you like to see the bracelet that goes perfectly with that necklace?”) or upsell (“A bezel setting is a little more expensive because of the extra gold, but it will make those diamond earrings look even larger.”), you need to interact with your customers and make suggestions that can help raise the per-ticket price of each sale. Take some time to observe your employees in action. While you don’t want your employees to hover over your customers, you want them to be attentive and make suggestions, especially if a customer expresses difficulty deciding what to buy. Your employees should be guiding customers who are having trouble figuring out what they want to a decision—that’s service that ultimately benefits both you and your customers. You get the bigger sale and your customer gets something he or she wanted with less stress.
Give your customers something to add-on to each purchase.
You need to have on hand a steady supply of plain gold and silver chains that your customers can add to each purchase. Invest in some wholesale jewelry stock that can double as add-on purchases for your customers. Pulling down an 18″ or 20″ gold rope chain and sliding the pendant your customer is eyeing onto it before you encourage the customer to try the pendant on is a good way to quietly demonstrate the importance of buying both pieces at the same time. Have a chain handy in both the next size up and down, so that you can help your customer adjust the length for the most flattering look. By buying jewelry wholesale and in bulk, you can keep the margin on the chains low, in order to encourage their sales. Again, this is the type of service that benefits both you and your customer at the same time.
Offer alternative financing services.
Another way to get customers through the doors is to offer alternative financing options. The reality is that most people in the U.S. have damaged credit these days—56% of consumers have subprime credit scores that make it difficult for them to get regular financing or have credit cards. That doesn’t necessarily make them unreliable people because a lot of folks have suffered through rough financial times in the last few years. Offer your customers alternative financing services that can make it easier to purchase your items. No-interest layaway plans with minimal down payments can help you help your customers return to the luxury goods market and increase your sales. Consider offering in-house financing to regular customers who have had a previous layaway with you and made timely payments in the past. That can increase your customer loyalty and your sales.
In today’s competitive resale jewelry market, increasing sales and keeping customers is all about providing service that simultaneously benefits both you and your customers.
Investing in fine jewelry pieces can not only elevate your aesthetic appeal, but give you access to physical property that has real value. Determining which type of jewelry pieces to invest in can be challenging, but opting to buy pieces made from real gold can be beneficial.
Here are three reasons why you should consider investing in gold jewelry now.
Some of the value of gold jewelry items can be attributed to their scarcity. Gold is a commodity that must be mined from the Earth before it can be refined and transformed into a valuable piece of jewelry.
The number of productive mines is decreasing, and experts estimate that it can take anywhere from five to ten years for a new mine to be developed and begin yielding new gold. By buying gold jewelry items now, you ensure that you will possess some gold even as access to gold becomes more limited.
Gold jewelry items are constructed from a metal that is proven to retain its value over time. When looking at charts illustrating gold prices over the last 100 years, it’s easy to see that the value of gold has steadily climbed throughout the years.
Gold retains its value in the face of geopolitical uncertainty and deflation, making it an excellent way to diversify and strengthen your investment portfolio. By investing in gold jewelry items now, you will give yourself access to a valuable commodity that can be sold for a profit if the financial need arises in the future.
When viewing gold jewelry items as both an investment and a fashion statement, it’s important to recognize that demand can increase the value of your gold jewelry.
Although the gold in your jewelry pieces has value as a market commodity, investing in pieces created by notable jewelers can add value to your jewelry. Collectors are often willing to pay top dollar for jewelry pieces made by Trifari or Coro, so buying these pieces now will allow you to capitalize on their increasing collectible value in the future.
Finding ways to diversify your investments can be challenging. Viewing gold jewelry items as both an investment and a way to make a statement can allow you to stockpile assets that can prove financially beneficial in the future. Gold jewelry items are scarce, retain their value, and are often in-demand as collector’s items, so purchase some gold jewelry in the near future to begin enjoying the benefits these pieces can offer. Contact a company like Ed’s Coins for more information.
In life sometimes you go through hard times. There are also times in which you will be doing well and a loved one will be having some sort or difficulty. If you have a friend who is going through a period that has been rocky for them or is embarking on a tough journey, you may be interested in doing something nice for them. If you want to help your friend by providing them with a tangible token, here are some items that your friend may enjoy during their rough patch.
A love knot ring
Not just for lovers, love knot rings symbolize more than romance.The decoration and interlocking patterns of the Buddhist love knot and the Celtic love knot are a symbol of everlasting. When going through a hard time, it can be rough remembering when times were good. What your friend may need is a reminder that, much like the love knot, life is a series of patterns. Good days are coming after they have weathered the storm. Give love knot jewelry to your friend along with a letter explaining how you also got through a difficult period in your life.
Sapphire ring with wave band
Much like the ocean is vast, so is life. Water is also a life source for the entire planet. A small blue sapphire ring with a wave design will help your friend think of the ocean each time they look at it. This ring may also inspire your friend to take a nice trip to the beach to see the ocean, which can provide an instant mood boost for those who love nature and need some relaxation. Present this small ring to them with some photos of the ocean.
Locket with engraving
Lockets are a small safe space to keep a small reminder or token that you may need. A locket for your friend can be an excellent place for them to keep something that they love. This may be a photograph of their family, a small printed quote that they fold up, or even encouraging words that they write on a regular basis and trade out regularly, similar to a locket dairy. Get your friend a locket with a quote inscribed that can help encourage them during a time of turmoil. This way every time your friend looks down they can enjoy what is inscribed on the locket, plus enjoy what they keep inside of the locket just for themselves.
For more information, contact jewelry companies like Sloane Jewelry LLC.
If you aren’t sure if the sparkling gemstones in a piece of jewelry that you own are authentic diamonds, you have probably heard that only real diamonds can scratch glass. However, many of today’s high-quality imitations scratch glass equally well as genuine diamonds, so spare your windows and try the following four methods instead.
Rub the Stone With Sandpaper
Sandpaper can’t scratch a real diamond. To perform the sandpaper test, place a sheet of sandpaper on a flat surface and vigorously rub the diamond against it. If the stone becomes scratched, it isn’t an authentic diamond. Only use this method if you are prepared to ruin the stone, however — if it’s an attractive piece that you enjoy wearing and would continue doing so even if you discovered that the stone wasn’t a diamond, try another method of investigation and preserve the stone.
Breathe on the Diamond
Breathe lightly onto the stone’s surface and watch how quickly the resulting fog dissipates. Because diamonds function as excellent heat conductors, the fog on a genuine diamond disappears almost at once, while it may take up to two seconds or longer for the fog to disperse on fakes. This is one of the easiest tests to perform, but it may be difficult to see the results on smaller stones. Also, a synthetic stone known as moissanite that is sometimes used to craft newer pieces is capable of passing the fog test.
Hold it Up to the Light
A genuine diamond will sparkle and shine inside with white and gray light while dispersing the colors of the rainbow onto other surfaces. Fake stones will show rainbow colors in their interiors, particularly moissanite. Also, you can place a loose diamond on a piece of newspaper, shine a light on it, and look closely to discern whether the newsprint beneath the stone is visible. If so, it probably a fake.
Examine the Stone Through a Jeweler’s Loupe
A jeweler’s loupe is a type of magnifying glass that you can purchase from your local jewelry retailer. Natural diamonds feature sharply defined faucets, while fake stones have rounded edges. Real diamond also have imperfections, so be wary if your stone looks too perfect under examination.
Keep in mind that even extremely skilled amateurs are frequently fooled by today’s well-crafted fakes. The methods above are designed to weed out the obvious imposters rather than to establish definitive authenticity. If your diamond passes the above tests, the next step is to take it to a certified gemologist (like those at The Gold Miner). Your insurance company will require a certificate of authenticity for the piece anyway, which can only be obtained from a professional jeweler.