New York, New York (PressExposure) October 20, 2009 -- In the quest to shore up their cash reserves, more and more people are looking to sell diamond and gold jewelry hoping to reap a small fortune. To their disappointment that is rarely the case. Often they are paid only a fraction of what their pieces are worth. Are most jewelry buyers disreputable? Or are they untrained and therefore unable to assess an itemâs true value?
Andrew and Peter Fabrikant of Fabrikant Fine Diamonds, Inc www.fabon5th.com are vastly different from other buyers. Specializing in estate jewelry, diamonds, gold and watches, they hail from the illustrious Fabrikant family that have been buying and selling fine jewelry for more than 100 years. Located in the world famous Diamond District in New York City, the Fabrikants are noted internationally for their expertise in appraisals and their integrity when it comes to paying what an item is worth. They have been featured in publications such as The NY Times, NY Daily News, NY Post, Christian Science Monitor, NY Observer and Business Week, including an appearance on WABC News Radio.
The Fabrikants evaluate jewelry based on specific criteria, with a totally unique perspective. Artistic and intrinsic values are taken into consideration. Each piece is meticulously examined to see if it was signed by an important maker, stamped with the country of origin, or has antique or historical value. âFor every historical architectural period there is a correlating style of jewelry,â says Andrew Fabrikant, whose passion for his profession is evident in the knowledge he has accrued over years. "Style, craftsmanship, provenance and condition â all can positively affect an itemâs value."
Sellers are not disappointed. They have been mailing or bringing their pieces to the trusted Fabrikants for years. Once the jewelry is received and evaluated the seller is contacted with the appraisal amount. He or she must approve the sum before payment is finalized, allowing time to make an informed decision with no pressure to sell. The Fabrikants believe that the sale of precious jewelry should be stress-free, and they are committed to client satisfaction.
"Selling your diamond jewelry is a personal choice," says Peter Fabrikant. "We donât compel anyone to give up their jewelry, but we often find that people hang onto it for impractical reasons, and during these economic times it becomes more of a consideration to find the most value possible." The Fabrikants believe that jewelry is meant to be worn and enjoyed, not relegated to a safe or a drawer. If youâre not going to wear it, sell it.