November 11, 2009
You Can Own Jewelry at a Discount
Jewelry is very desirable but they are so expensive. That’s why this page is so valuable for those who are looking for a few tips in saving money on those bling.
Online auctions are a great place to begin. At least if you don’t find the piece you want or it is out of your price range, you will get an idea of how much the going price is.
Don’t forget about pawn shops. These shops generally ask for the value of the material in the product without a stiff markup. Remember that generally the markup on jewelry can be as high as 500 percent.
Ask around. Not many of your friends will know but one of two of them will probably be jewelry experts. They can tell you the cheapest place to buy, and the place that will give you the best service too.
Most people look at the upfront price but consider the servicing costs. Some stores will give you lifetime cleaning services for free which can add up.
If you know a thing or two about jewelry, you may want to go to the flea markets and yard sales to find the true gems at incredible prices.
Craft fairs are a great way to buy jewelry because the dealers are honest and the prices are great. You may even learn a thing or two about jewelry that will benefit you for life.
Never go to any jewelry store based on an advertisement. Stores that have low margins rely on word of mouth and don’t need advertising. The ones that buys ads are always the ones that make you pay more for the same quality.
Buying jewelry on TV or at the mall is a sure way to pay top prices for mediocre quality. The advertising are so expensive that they have to make their money back somehow.
Gold can come in the form of composite as well as pure gold. They are all priced differently obviously so make sure you know what you are buying and comparing apples to apples before you pay.
Check out the Buy.com coupon available immediately till end of Thanksgiving. I think you can even stack the coupons.
Filed under Personal Finance by Peter Nigerami


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