5 Things That Will Help You Sell Your Jewelry For Top Dollar

5 Things That Will Help You Sell Your Jewelry For Top Dollar[Guest article]

Jewelry is a highly valuable commodity. For centuries, people have sought out rare stones and precious metals. Jewelry has long been both a status symbol and a means of storing wealth.

In today’s market this still continues to be the case. Modern women still very much admire a beautiful ruby bracelet, sapphire necklace or gleaming diamond ring. If you have need of cash or just have pieces that you no long wear, you may wish to sell some of your jewelry.

Before you begin the process, here are some tips to help you get the most money possible for your favorite pieces.

Consider Multiple Sales Outlets

The modern jewelry seller has many venues where they can offer their jewelry for sale. You can offer your items for sale to a locally based jeweler with only one or two shops. Larger jewelry chains also buy jewelry. Jewelry is also widely sold on the internet both in the United States and abroad. Popular outlets include eBay and Amazon Jeweler. All of these sales outlets have advantages. Investigate carefully before committing to any of them. Consider getting multiple offers from various outlets and then deciding which one is best for you.

Have the Items Professionally Cleaned

Before offering your jewelry for sale, first have it professionally cleaned. Some types of cleaning you can do yourself at home. A quick polishing will work wonders on many silver items. If you have experience working with jewelry you can clean more expensive items. If you have no experience in this area, it is best to trust the cleaning to a professional. An improper cleaning can damage the piece and reduce the value. Some items need to be carefully cleaned to avoid damaging the patina. Consult with your local jeweler about whether it is advisable to clean the item in that case. Cleaning most items will help bring out their innate shine and present the item in the best possible light.

Find the Right Buyer

If you are just selling a few items of lesser quality, it is often easy to find buyers. A listing on eBay can do the trick in a week or less. If you are selling high-end pieces, this process may be more difficult, and finding a location to sell a diamond or stone for you might be the better option. You will have only a smaller pool of potential buyers. In that case, it may make sense for a professional to vet the buyer to make sure they can afford to buy it and let them sell it for you for a small commission.

Know the Value Before You Sell

Get the item professionally appraised if necessary. Higher end pieces should have a professional valuation. However, this may not make sense for a piece that isn’t particularly expensive. In that case, to get a generalized sense of the value, look online for similar items. Look at the stones, carat weight and type of piece. In many cases you can easily get a sense of what your cherished bracelet is worth.

Preventing Damage

All items you intend to sell should be stored properly. Keep them in an area with no moisture and away from sunlight. If you have a safe deposit box, consider storing the items there.

Selling jewelry can be very tricky in today’s market. But with a few simple precautions, you can easily find the right buyer.

5 Critical Costs Most Small Businesses Will Face

5 Critical Costs Most Small Business Will Face[This is a guest post]

Starting a small business triggers a lot of idea, requirements and have-to-do’s in a person’s mind when first thinking about how to begin.

However, some expenses quickly become necessity once a new entrepreneur realizes what’s required.

While a small business can be started in just about any industry, making the venture official and legal is another matter. Many of the starting expenses a business realizes are not only requirements, they also dictate whether the business can keep operating correctly under various levels of regulation. These can include taxes, licensing, permits and more.

Here are five of the most critical costs most small businesses will realize or need to.

  • A Business License – Most jurisdictions require a new company to have a business license. These are obtained at the local city or county administrative office and involve an annual fee. The license can then be used to open a business bank account and it certifies the business can operate in its location according to the local government in charge. This requirement applies to Internet-based businesses as well, even if operated out of a home office.
  • Business Filing Fees – If a business owner wants his company to be legally separate from his own personal financial status, then it needs to be established as a legal entity. Business filing fees have to be paid to a given state’s corporation regulator, which can range from a few hundred to a few thousand dollars, depending on the corporation status desired.
  • An Accountant – Unless a business owner is really good with accounting and taxes, an accountant will be needed to take care of all the various bookkeeping as well as tax filing paperwork a business can generate. Taxes come in the form of sales tax as well as income tax on a business, and both have to filed timely.  There are several online services that can aid in the online filing of taxes. They also depend on keeping clear and accurate accounting books. So a certified public accountant is often a necessity for many small businesses.
  • Lawyer Assistance – There are number of instances where the advice or help from a lawyer can be necessary. If a small business writes a lot of contracts, it’s key to have someone who understands the intricacies involved. Attorneys are not cheap, and they often average more than $300/hour. Many small businesses keep one on retainer for occasional work, costing $1,000 to $2,000 a month.
  • Business Insurance – Even if a small business owner does everything right, bad things can happen. For this reason, business insurance can provide a financial safety net that can help a small business avoid bankruptcy. One lawsuit can easily destroy a small company due to its performance, product or a business decision someone didn’t like. With a business insurance policy in place, such risks can be controlled. Here’s how to find out more information on a business general liability insurance quote.

There are other critical expenses as well, such as health insurance for employees and technical expenses, such as software and hardware. However, the above costs are the type all small businesses will realize sooner or later due to the nature of business in general. Trying to cut corners or avoid these expenses can actually lead to bigger problems that can cost far more, such as a tax audit or a lawsuit. So taking care of these costs up front is probably one of the smartest business decisions a new entrepreneur can make.

Seeking help from Structured Settlement Protection Act


[This is a guest post]

In today’s age, you should always be aware of the structured settlements in order to plan investments. Structured Settlements are nothing but a compensation which you get as a part of the settlement of a lawsuit. This payment could be a lump sum one or it can be divided over a period of months.

The good news is that these structured settlements are regulated by a set of guidelines which are governed by an act known as Structured Settlement Protection Act. Through this act, there are a number of benefits which you can avail if you can plan your investments and payments in an efficient manner. Some of them have been explained below:

Sell and transfer

Structured Settlement Protection Act allows you to sell or transfer settlement payments at will. The companies which deal in this line of business usually take interest in buying the payments. Once you sell them the right of settlement they pay you money in a lump sum. However, in this process, the consent and permission of both the parties are of paramount importance.

Explore multiple options

Before finalizing any deal, you should explore different options so that you give yourself the maximum possible chance of making profit out of these settlements. An urgent need of cash and bankruptcy is the major reason as in why people sell their structured settlements. The Structured Settlement Protection Act has been specifically made to protect people from frauds and safeguard their interests. Therefore, you will be much better off if you can hire a financial consultant and seek advice from him so that you get the best deals available.

Court approval required

According to this act, all such settlements which involve money should be approved by the state court. This feature helps you a lot since you get to know in detail whether or not you have made profit from this settlement.

Settlement in EMIs or lump sum

Through this act, you can very easily choose as in how you want to receive payments. It can either be in a lump sum mode or distributed in a set of equated monthly installments. At times, people prefer the lump sum option since you don’t have to wait for months in receiving the entire payment. You can also invest this huge sum of money in other areas as well.

There are a number of people already across the United States who has gained immensely from the Structured Settlement Protection Act since it provides transparency and has been tailor-made to suit your requirements. If you need any kind of legal or financial assistance, then you can also do that with the help of this act. It keeps the whole process very simple and easy for you to understand. The options which are available are many-fold. Through this act, you will always feel safe to deal with any vendors or organizations to sell your payments since they are governed by the government of United States.


Photo attribution: betsyweber

Friday Faves: Banking, Buying Mistakes and Lazy Kids

Happy Friday Loves.  It’s the weekend – WOO HOO!  You may remember that one of my New Year’s goals was to work less and start enjoying my life more.  Well the work less thing has been working out just fine, but I’m not really enjoying my life more than I was before (sorry for the rhyming). Thanks to the cold Northeast weather I just find myself at home, by myself with a lot of free time on my hands.

So my question to all my Blonde & Balanced friends is – what do non work-a-holic people do on the weekend?

I am open to any and all suggestions.  So please tell me – what are you doing this weekend?  If you want to tell me in 140 characters or less you can Tweet me @TahnyaKristina.

In the meantime enjoy these posts from our lovely friends:

Squawk Fox – If you don’t have any skills, then get some.
Vanessas Money – My banking method is complicated but fee-less!
Yes I am Cheap – Common Purchasing Mistakes & How to Fix Them
Money Crush – Undeck the Halls and Rehome the Gifts: Refgifting the Right Way
Eyes on the Dollar - Should You Support a Lazy Kid?

Photo by CarbonNYC