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Do you consider yourself as blessed as you possess some precious stones, gems and jewelry?
Well, you cannot be totally finding the market value of your heirloom belongings is not as easy as it sounds. This is because you will have a really difficult time in finding assessors or Jewellers Cannock , Florence or elsewhere who give you accurate prices.

What is the way out then? The ace professionals involved in jewelry business suggest that there is a formula. Now, let us know what that formula is.
Formula One: The base price
The first formula is that you should be committed not to sell your precious belongings below its base market price, or else it will be a loss for you.
Now, those who are thinking how you can find the base price of the jewelry should approach a number of jewelers and pawnbrokers for the same.
Formula Two: Make your own price quote
The second formula is that the base price should be con considered as the yardstick on the basis of which you will calculate the final price of the precious metal or gem that you have in your possession. This implies that you have an option of adding some amounts extra on the base price before offering your costly belongings on sale.

This 'extra' will determine the value that the exact piece of gem or jewelry has in a particular market where you are operating. However, this 'extra' also denotes that there the jewelers or pawnbrokers who have chances of bargaining when you say that We Sell Watches and jewelry.

Formula Three: Quote realistic prices
The next formula is that you cannot make unrealistic price quotations just because you have the liberty to keep some buffer on the base price. The buyers who are supposed to take interest in your offered jewelry, gem or antique watch and approach you for buying it will eventually lose interest if your quoted rates are too impractical.

Actually, quoting such impracticable rates might give your probable buyers the impression that either you do not have any idea about the industry trends or you are trying to squeeze out as much money as you can from their pockets. Thus, research the market well and check out the prices that are quoted for precious antique belongings that belong to the same category and genre as that of yours.

Formula Four: The final price should be all inclusive
When quoting the price it becomes difficult to ascertain what quotation will be practical and what will be impractical. Sometimes, you end up quoting too high and at other times price quotations give you only a cutthroat profit.

Therefore, here the formula is that the final price quotation should be compensatory in nature. It must include parameters like your overhead expenses, the time and money you have spent on its promotion , the investment you have made on its brokerage, etc. Do not exclude these parameters, or else the transaction will make you pay from your pocket.


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