Many people do not realize the amount of money that some of their valuables are worth. This can be life changing in the case of a rare item but most people simply have a few pieces of jewelry or a piece of art. Selling these items should always be an option if you have no personal connection to the item.
Auction houses tend to take rare items and selling things online is easier than ever. The only things you will have to do is list the item then ship it once you have received payment. The following are valuables you might own and the options for what you can do with them.
Pieces of jewellery almost always appreciate over the years so something like an engagement ring might be worth a pretty penny. Going to someone to help appraise the ring or other pieces of jewellery is the first step. Once you have found the value of the ring you have to then make a decision.
Keeping the ring if you have been married for a long time will take some work as many people’s engagement rings do not fit anymore so the ring has to be resized. Pawn shops are not a good place to sell the ring if you want to get full value for it. A private jeweller could be the best option but reach out to a few to see who can give you the best deal.
Old Rarely Used Truck or Car
There are some people who have a rarely used or barely running car just in case their other car breaks down. This costs you money on a monthly basis as all cars that are used need to be insured. This can also hurt the resale value if the car has been sitting in the same place for a few years.
There are some dealerships that will truly buy pretty much any car that runs so bringing it in there is a great option. Craigslist is another option but there will be buyers that want to pay a fraction of what the vehicle is worth. Donating the car to a charity is not the first option for many but it is something that you will be able to write off on your taxes.
Old Phones and Computers
There are plenty of people who throw their old phones into a drawer only to be seen once a current phone is broken or sitting in rice because of an aquatic accident. There are companies that are will to buy these devices whether they work or not. They fix up these phones and salvage parts from phones that are beyond repair. Computers should be sold as soon as you have a new one. The most important thing to remember is to wipe all of the personal information from the computer before you sell it.
Your valuables should not be sitting somewhere without being used when you can have money in your pocket instead. Take the time to do an inventory of all of your sellable and barely used items. You will be extremely surprised as to what you find!