Warning: Once You Go Pre-Owned You Will Never Go New Again

Diamond RingsI am a big believer in buying pre-owned jewelry, and I should be because I buy other peoples diamonds, watches and jewelry for a living, but even before I did this for a living, I was a big believer in pre-owned.  And, for me, it doesn’t just extend to watches and jewelry, but all luxury goods. I believe in used cars and used clothing and shoes and yes, even used homes.

People are all about “thrifting” these days, and no matter what you call it; thrifting doesn’t have to just be about lower end merchandise.  Although the term “thrifting” often connotes a garage sale mentality, when I talk about pre-owned, I am not talking about garage sale, but high end, pre-owned items that the only person who knows it is pre-owned is you. [Read more...]

Is Your Metal Worth Its Weight in Gold?

Scrap GoldThe price of gold is on the rise, which means that if you own gold, whether it is jewelry, coins or even bullion it is worth more today than it was even a week ago. This has produced lines at some gold buyers shops and gold buying parties are popping up all over the place.

But, before you go down to the local gold buyers shop on the corner, it’s important to have an idea of what you gold is actually worth, and I am going to tell just how to do that in a very easy way, so you are armed with all the information you need and know whether or not your metal is worth its weight in gold. [Read more...]

The 5 Watches No Man Should Ever Own

Audemars Piguet Edward Piguet Perpetual Calendar 25911OR/O/0002CR/01 Of all the items that I buy I have a special affinity towards watches. It could be because when I worked in the pawn industry as a young man watches were the one thing that I collected, and that was before I even knew anything about them. The movement and function of the watch as well as the beauty of how a watch is made and how the inner workings tick have always fascinated me.

In fact, if I find a watch that I love, that is the only thing I will ever spend retail on if I can’t find it wholesale or used.  Yes, I confess, I do sometimes buy new and full price.  So, what is it about watches that I love? I love the feel of the weight on my wrist, the crystal catching the light as I drive, being able to always glance down and see the time and, I admit, it’s an ego trip to own a luxury item that no man should ever own. [Read more...]

The Gold Digger or How I Got Screwed

Sell Gold for CashThis is a true story.  Not based on a true story, but an actual true story that happened to me about a year ago. Being a gold buyer is not glamorous and can be scary. You have to always be on your guard because you never know who you are dealing with.

I consider myself pretty savvy.  I am a big guy and don’t scare easily and can be intimidating when I need to be. Needless to say, I don’t get run over very easily and I am pretty proud to say I don’t make that many mistakes, at least I hadn’t until I met the “Gold Digger.” [Read more...]

The Star Sapphire – Faith, Hope, and Destiny

Star Sapphire and Diamond RingAs a diamond buyer, I have the opportunity to buy all types of jewelry and watches.  Nothing gets my juices going more than when someone walks into my office with a fabulous piece that I can buy.  It’s a visceral reaction.  It can be a ring, a loose diamond, a pair of earrings or a Rolex watch.

I often get asked what I do with all the treasures that I buy. The diamonds go into our inventory of loose diamonds at Jonathan’s Fine Jewelers and end up being made into a gorgeous custom ring for a soon to be bride to wear on her finger.  The jewelry is sometimes taken apart and the stones are then repurposed into custom jewelry for our customers.  Other times, we resell the jewelry as is.  Often the watches will get cleaned up and resold or traded, depending on the watch and the value, but I find it all exciting and all of it is an addiction for me, and one that I love. [Read more...]