5 Jewelry Auction Tips for Success | LuxyWish
With more reasons than ever to shop online, I, like many others, am grateful to the Internet for revolutionizing the purchasing process. Websites do not have a dress code, and the Internet will not judge you for frantically filling your virtual shopping cart at 5 a.m. This fantastic equalizer recognizes that you may want to start your day with a purchase and a cup of coffee, and it is here to assist.
One of the less-mentioned advantages of online shopping is the ability to access a wealth of information about a potential purchase in the form of detailed descriptions, fit guides, and expert advice. Bidding and buying jewelry online can be a fun and rewarding way to start or add to a collection that speaks to your personal tastes if you know a few tricks.
Jewelry for All Occasions
The wonderful thing about jewelry is that a few one-of-a-kind touches can transform your outfit from day to night and back again. Consider the occasion for which you want to wear the earrings or necklace you’ve had your eye on. Do you want to make a statement at a cocktail party? Or should you go for a more demure look for a light lunch? Whatever the occasion, there is a piece of jewelry for every occasion.
Check the Measurements
The difference between a 14-inch and 16-inch necklace may appear insignificant, but it may make a difference depending on your size and stature. There is no such thing as an “average” size neck, wrist, or finger, so knowing your measurements and proportions is essential for making an informed purchase.
Pro tip: the average bracelet is 6 to 7 inches long, but you can compare the length of a well-fitting bracelet you have at home to one you’re about to bid on. If you don’t have a tape measure, wrap a dollar bill (a little more than 6 inches) around your wrist to get an idea of how it might fit. Consider how your bangles and necklaces will work together if you plan to stack them.
Familiarize Yourself With Quality Makers
If you have a favorite jewelry brand, buying at auction is a great way to get your hands on their pieces. Jewelry from well-known and respected brands such as Tiffany & Co. and Cartier instills consumer trust because of their high quality standards and consistent design principles. Savvy collectors understand that these pieces will retain their value and appeal for a long time.
Consult a Specialist
When bidding online, you can always ask experienced (and friendly!) specialists to share their knowledge. They make it easier to make a confident purchase by providing you with additional photographs or even video. Do you want to know how a pair of earrings dangle, how a necklace lies, or which way a brooch is facing? Don’t be afraid to ask a specialist!
Buy What You Love
The best collections are those that have been carefully curated by someone with a wide range of tastes and interests. Trust your instincts when developing and defining your taste, but don’t be afraid to venture outside of your comfort zone to find something truly unique.
Specialists are always available to try on items for you so you can get a sense of how something looks when worn. With their assistance, you might be able to try something new and exciting. Whimsical pieces can complement any wardrobe and may even become your new “go-tos.”
Finally, my best advice is to look for the highest quality within your budget and to have fun! The thrill of collecting comes from the unexpected discoveries you make while looking for your next auction find. If something appeals to you, do your homework and go after it. You can’t go wrong if you buy the best of what you can afford…even at 5 a.m.
Surprising Facts About Jewelry Auctions
Attendance at an Auction Is Free to the Public
If you want to bid, you must first register, which can take up to two or three days before the auction.
It Is Extremely Difficult to Have This Profession
Being an auctioneer is a demanding job, and due to the job’s intensity, the circle of auctioneers is not that big as expected.
On Average, Each Lot Is Sold in About 4–5 Minutes
Surprisingly, each lot remains on sale just for 4–5 minutes before being sold or purchased.
Bids Are Usually Increased in 10% Increments
Even though the auctioneer has the final say, most auctions encourage bids in 10% level. A good auctioneer must be able to calculate percentages and bid increases quickly while maintaining energy and urgency.
Originally published at https://luxywish.com on March 2, 2022.