Where To Sell Old Jewelry for the Best Price

Every piece of unworn jewelry in your collection is a dormant financial asset. That gold chain you never wear or the diamond earrings that have been sitting in a box for years could be the key to achieving one of your goals. Whether you want to pay off debt, fund a new business venture, or save for a dream vacation, the value locked in those items can be put to better use. When you choose to sell old jewelry, you’re making a smart financial move. This article is your roadmap to maximizing that return, helping you understand market prices, prepare your pieces for sale, and negotiate the best possible offer.

Key Takeaways

• Know What You Have

  : Before selling, understand your jewelry's true worth by assessing its materials, brand, and condition. A professional appraisal provides a solid baseline for a fair price.

• Present Your Jewelry Professionally

  : A little effort goes a long way. Clean your pieces, take clear photos, and write detailed descriptions to attract better offers and show buyers you're a serious seller.

• Compare Offers and Prioritize Security

  : Don't accept the first price you're quoted. Get multiple offers from different types of buyers and choose a reputable one who ensures a secure, transparent process from evaluation to payment.

Why Sell Your Old Jewelry?

That jewelry box sitting on your dresser is more than just a collection of memories—it’s a collection of assets. Inside, you might have an inherited ring that isn’t your style, a necklace from a past relationship, or a pair of earrings you simply don’t wear anymore. While these pieces hold sentimental value, they also hold real, tangible value. Instead of letting them gather dust, you can transform them into something that serves your life right now.

Selling your old jewelry is a practical way to clear out clutter and access the financial potential hidden in your accessories. The reasons for selling are as personal as the pieces themselves. Maybe you want to take advantage of high gold prices to get the best possible return. Perhaps you’re saving for a major life event, like a down payment on a home or a dream vacation, and need a financial push. Or maybe you’re drawn to the idea of giving your old pieces a new life, contributing to a more sustainable, circular economy. Whatever your motivation, selling your jewelry is a smart and empowering decision.

Capitalize on High Metal Prices

The value of precious metals like gold, platinum, and silver is constantly changing based on market demand. Unlike other assets, gold’s value isn’t tied to the performance of a specific government or economy, making it a historically stable commodity. When market prices are high, that forgotten gold chain or single earring in your jewelry box is worth significantly more. Selling during one of these peaks is a strategic way to maximize your return. You can easily track the current prices of precious metals online to see if now is the right time for you to sell. This allows you to turn a piece you no longer use into a timely financial gain.

Create New Financial Opportunities

Every piece of unworn jewelry is an opportunity. Selling these items converts them from dormant accessories into active capital you can use to achieve your goals. That cash could become the seed money for a new business venture, the final amount needed to pay off a lingering debt, or a fund for your child’s education. Think of it as a different kind of investment—one where you reallocate an asset from your jewelry box to another area of your life that needs it more. By getting a fair and competitive price for your valuables, you give yourself the freedom to pursue new dreams and create fresh opportunities for yourself and your family.

Make a Sustainable Choice

Choosing to sell your old jewelry is also a powerful act of sustainability. The jewelry industry has a significant environmental footprint, as mining for new metals and gemstones requires immense resources. When you sell a piece, you reintroduce its materials back into the market. The gold can be melted down and reformed, and the diamonds can be set into a new design. This practice reduces the demand for new mining and supports a circular economy where valuable resources are reused rather than discarded. It’s a simple way to make an eco-conscious choice, ensuring that the beauty of your old jewelry can be enjoyed for generations to come without further cost to the planet.

What Is Your Jewelry Actually Worth?

Before you decide where to sell your jewelry, it’s important to have a realistic idea of its value. The price you get is based on more than just the current market price of gold or the size of a diamond. A piece’s true worth is a combination of its materials, artistry, condition, and history. Understanding these key factors will help you set fair expectations and approach the selling process with confidence. Think of it as gathering intelligence; the more you know about what you have, the better you can advocate for a great price. From the purity of the metal to the quality of the gemstones and the story behind the brand, each detail contributes to the final number. Let's walk through the essential elements that determine what your jewelry is really worth.

Check the Metal Content and Purity

The foundation of your jewelry's value often lies in the precious metal itself. Fine gold jewelry, such as pieces marked 10k, 14k, or 18k, is known to keep its value over time, unlike costume or gold-plated items. These numbers, called karats, indicate the purity of the gold. For example, 14k gold means the item is 14 parts gold and 10 parts other metals. You can usually find these small stamps, or hallmarks, on the clasp of a necklace, the inside of a ring, or the post of an earring. The higher the karat number, the more pure gold it contains, which generally means a higher value.

Assess Gemstone Quality

If your jewelry features gemstones, their quality is a major factor in its overall worth. For diamonds, experts use the "4 Cs"—cut, color, clarity, and carat—to determine value. But even if you aren't a gemologist, you can assess the general condition. Selling jewelry that is dirty, tarnished, or in disrepair can lead to lower offers. A gentle cleaning can dramatically improve a piece's appearance and first impression. For significant stones, having a grading report from an institution like the Gemological Institute of America (GIA) provides an unbiased assessment that buyers trust.

Consider Brand and Craftsmanship

Who made your jewelry and how it was made can add significant value beyond the raw materials. Recognizable brand names often command higher prices. For example, diamonds and branded jewelry from houses like Tiffany & Co. or Cartier tend to keep some of their value better than non-branded pieces. Don’t overlook craftsmanship, either. A unique, handcrafted antique or vintage piece might be more valuable due to its rarity and the skill involved in its creation. The story, design, and artistry of a piece are all part of its worth.

Why a Professional Appraisal Matters

While you can do some initial research on your own, a common mistake when selling jewelry is not getting a proper appraisal. A professional evaluation from a trusted expert gives you a clear and accurate understanding of your item's market value. An appraiser can identify the quality of the metals and gemstones, verify the authenticity of a brand, and assess the overall condition in a way an untrained eye cannot. This step provides you with a crucial baseline, giving you the knowledge you need to negotiate effectively and ensure you receive a fair offer. At Signature Gold Loans, we provide expert jewelry evaluations to give you a precise idea of what your pieces are worth.

Gather Your Documentation

When you prepare to sell, think like a detective and gather all the evidence you have about your piece. Any original paperwork you can find will help build a buyer's confidence and can lead to a better price. When you ask for a quote, be ready to provide as much information as you can. This includes original sales receipts, certificates of authenticity, previous valuations, or diamond grading reports. Even the original box and packaging can add value, especially for luxury brands. This documentation helps prove your jewelry's provenance and confirms its quality, making the entire transaction smoother and more transparent.

Where Should You Sell Your Jewelry?

Once you have a good idea of what your jewelry is worth, the next step is finding the right buyer. The best place to sell depends on what you have, how quickly you need the money, and how hands-on you want to be in the process. Selling a diamond engagement ring is a very different experience from selling a vintage costume brooch, for example. Each option has its own pros and cons, so it’s smart to understand the landscape before you make a move. Exploring your choices will help you find a buyer who appreciates your piece’s true value and gives you a fair and straightforward offer.

Local Jewelry Buyers

For a fast, secure, and personal transaction, nothing beats working with a local expert. You get to speak with someone face-to-face, ask questions, and often walk away with payment the same day. This option is ideal if you value privacy and immediate results.

• Signature Gold Loans:

  As a family-owned business with over 35 years of experience in Montreal, we provide a trustworthy and transparent process. We have a deep understanding of the local market and offer immediate, fair-market prices for your gold, diamonds, watches, and fine jewelry. You can

  sell your jewelry

  with confidence, knowing you’re working with established professionals.

• Independent Jewelers:

  Local jewelry stores are specialists in fine jewelry. Their experts can properly value your pieces based on craftsmanship, materials, and current market demand.

• Estate Jewelry Buyers:

  If you’re selling a collection or multiple pieces from an estate, these buyers are your best bet. They specialize in assessing and purchasing entire collections.

• Antique Dealers:

  For pieces with historical significance, an antique dealer can offer valuable insight and a competitive price based on the item’s story and rarity.

Online Marketplaces

If you’re comfortable managing the selling process yourself and want to reach a wider audience, online marketplaces are a great option. These platforms cater to different types of jewelry and buyers, but they typically require more effort on your part, including taking photos, writing descriptions, and handling shipping.

• Worthy:

  This platform is an online auction house for diamond jewelry and luxury watches. Worthy handles the appraisal and photography, then puts your item up for auction to a network of professional buyers.

• The RealReal & 1stDibs:

  These are curated consignment sites for authenticated luxury goods. They are ideal for selling signed designer pieces from brands like Cartier or Tiffany & Co. to a high-end market.

• eBay & Etsy:

  These platforms allow you to

  reach a global audience

  . eBay is great for a wide variety of jewelry, while Etsy is the go-to for vintage, handmade, or unique artisanal pieces.

Auction Houses

For exceptionally rare, high-value, or historically important jewelry, a traditional auction house like Sotheby’s or Christie’s might be the right choice. This path is best for items valued in the tens or hundreds of thousands of dollars. Auction houses have experts who will appraise and market your piece to a global network of collectors. While the process takes longer and involves higher commission fees, it can result in a record-breaking sale for the right item. This option is generally reserved for the most exclusive and sought-after pieces in the world.

What to Expect During the Selling Process

Selling jewelry can feel like a mystery, especially if it's your first time. But knowing the steps involved can make the entire experience smoother and more transparent. From the initial evaluation to the final payment, a reputable buyer will guide you through a clear and professional process. Let's walk through what you can generally expect when you decide to sell your pieces.

The Evaluation Stage

This is where an expert takes a close look at your jewelry to determine its value. A professional buyer will examine the metal type and purity, the quality of any gemstones, the craftsmanship, and the overall condition of the piece. If you're unsure about what you have, getting a formal appraisal beforehand can give you a solid baseline. At a trusted local buyer, this evaluation happens right in front of you. Their experts will explain what they're looking for and answer your questions, so you understand exactly how they arrived at their offer.

How You'll Get Paid

Once you and the buyer agree on a price, getting paid is usually a quick and simple step. Most local jewelers and gold buyers, including our team at Signature Gold Loans, will pay you on the spot. You can typically choose to receive cash, a check, or a direct bank transfer. This immediate payment is one of the biggest advantages of selling in person. For online buyers, the process is also fast, with payments often sent within 24 hours of you accepting the final offer. Always confirm the payment method and timing before you agree to the sale.

Typical Timelines

The time it takes to sell your jewelry really depends on the method you choose. Selling to a local buyer is often the fastest way to get cash for your items. The entire process, from evaluation to payment, can be completed in a single visit. If you choose to sell through an online marketplace or auction site, the timeline can be longer. It might take a week or two to ship your item, have it appraised, and wait for an auction to close. While these platforms can be a good option, a local buyer is your best bet if speed is a priority.

Necessary Paperwork

Having your paperwork in order can make the selling process much smoother and can even help you get a better price. Before you head to a buyer, gather any documents related to your jewelry. This includes original sales receipts, certificates of authenticity (especially for diamonds and high-end watches), and any previous appraisals or valuation reports you might have. Providing this documentation helps the buyer verify the item's history and quality, which builds trust and can strengthen their offer. Even if you don't have the original papers, bringing what you have is always a good idea.

Keeping Your Items Secure

Your peace of mind is paramount when selling valuable jewelry. If you sell to a local, reputable buyer, you have the advantage of handling the entire transaction in a secure, professional setting. You never have to let your precious items out of your sight. If you decide to sell online, it's crucial to work with a company that prioritizes security. Look for buyers who provide prepaid, fully insured shipping labels so your pieces are protected from the moment they leave your hands. Always read customer reviews to see what others say about their experience with the company's security measures.

Know the Fees and Costs

It’s easy to focus on the initial offer you receive for your jewelry, but that number isn’t always what ends up in your bank account. Selling jewelry, especially through online platforms or auction houses, often comes with a variety of fees that can reduce your final payout. Understanding these costs before you commit to a sale is the key to managing your expectations and choosing the path that’s most profitable for you. Think of it as looking at the whole picture, not just the sticker price.

From platform commissions that take a percentage of the sale to the costs of shipping and insurance, every dollar adds up. Some fees are obvious, while others can be hidden in the fine print. By learning to spot them, you can accurately compare different offers and selling methods. This isn’t about getting bogged down in the details; it’s about protecting your investment and ensuring you walk away with a price that truly reflects your jewelry’s worth. When you know what to look for, you can confidently ask the right questions and choose a buyer who is transparent about their process. Let’s break down the most common costs you’re likely to encounter.

Platform Commissions

When you sell through an online marketplace or auction house, you’re paying for access to their audience and services. This payment usually comes in the form of a commission—a percentage of the final sale price. These fees can vary dramatically. For example, some online platforms use a tiered commission structure where the percentage decreases as the item’s value increases. An 18% fee on a $5,000 ring is a significant $900, so it’s crucial to do the math. Selling directly to a local buyer often eliminates these complex commission models, offering a more straightforward transaction where the price you’re quoted is the price you get.

Shipping and Insurance

Getting your valuable jewelry from your home to the buyer needs to be done securely, and that security comes at a cost. If you’re selling online, you’ll need to factor in the price of shipping and, most importantly, insurance. Losing an uninsured package in transit would be a devastating financial loss. Many online buyers recognize this and offer free, insured shipping to make the process easier and safer for sellers. However, selling to a local jeweler completely removes this concern. You can simply walk your pieces into the shop, eliminating any shipping costs, risks, or waiting periods.

Appraisal Fees

Walking into a sale without knowing your jewelry’s true value is a common mistake. A professional appraisal provides an expert, unbiased assessment of your item’s worth, giving you a solid foundation for negotiating a fair price. While getting an appraisal does cost money, think of it as an investment. A proper appraisal can prevent you from accepting a lowball offer that costs you far more than the fee itself. Many trusted local buyers have certified gemologists on staff who can evaluate your jewelry on the spot, often as a complimentary part of their offer process.

Hidden Charges to Look For

Beyond the obvious fees, other factors can quietly chip away at your profit. For instance, if a buyer discovers a stone is synthetic or a metal’s purity is lower than stated, they will adjust their offer accordingly. To protect yourself, always aim to sell your gold jewelry for at least the current market price of the metal itself. Before you agree to any sale, ask for a detailed breakdown of the offer. This transparency ensures there are no surprise deductions for things like cleaning, minor repairs, or administrative processing, giving you a clear picture of your final payout.

How to Get the Best Price for Your Jewelry

Selling your jewelry is more than just finding a buyer; it’s about presenting your pieces in a way that communicates their full value. A little preparation can make a significant difference in the offers you receive. By taking a few strategic steps, you can ensure your jewelry stands out and attracts the price it deserves. Think of it as staging a home before a sale—you want to highlight its best features to make a great impression.

From a simple cleaning to understanding the market, these actions put you in a stronger position. They show potential buyers that you’re a serious seller who knows the worth of your items. Let’s walk through the five key things you can do to make sure you get the best possible price for your jewelry.

Clean and Repair Your Pieces

First impressions matter. Presenting a piece that is sparkling clean versus one that’s tarnished or dusty can significantly impact the offer you receive. Selling jewelry that is dirty or in disrepair can lead to lower offers because the buyer has to factor in the cost and effort of restoration.

For a simple refresh, gently wipe your pieces with a soft, lint-free cloth. For more stubborn grime, a solution of warm water and mild dish soap can work wonders, but be sure this method is safe for your specific gemstones. If a piece has a broken clasp, a loose stone, or significant damage, consider getting it repaired by a professional. The small investment in a repair can often yield a much higher selling price.

Take High-Quality Photos

Whether you're selling online or getting an initial quote, clear, high-quality photos are non-negotiable. Great images allow buyers to see the fine details, craftsmanship, and condition of your jewelry without having it in their hands. This visual proof builds trust and can dramatically increase interest.

You don’t need a professional camera; your smartphone will do just fine. The key is to use natural, indirect light—near a window is perfect. Place your jewelry on a plain, neutral background like a white or black cloth to make it pop. Take photos from multiple angles, including close-ups of any engravings, hallmarks, or unique features. A strong visual presentation is a vital part of any marketing strategy for your pieces.

Write a Detailed Description

A compelling description tells the story of your piece and provides buyers with the information they need to make a confident offer. Go beyond the basics and include as much detail as possible. Mention the metal type (e.g., 18k yellow gold, platinum), the total carat weight of any diamonds, and the types and sizes of other gemstones.

If you have any documentation, like an appraisal or original receipt, reference it in your description. Don’t forget to include measurements and the item’s weight. Sharing the history or provenance of a piece can also add to its appeal, especially when you’re marketing vintage jewelry. The more information you provide, the more you justify your asking price.

Research Comparable Prices

Before you set a price or accept an offer, you need to have a realistic idea of what your jewelry is worth on the current market. Not doing your homework is one of the most common mistakes sellers make. Spend some time browsing online marketplaces like eBay, 1stDibs, or The RealReal to see what similar items have recently sold for.

Pay close attention to pieces that share the same brand, era, materials, and condition as yours. This research will give you a solid baseline and help you manage your expectations. Remember, the goal isn't to find an exact match but to get a general price range so you can confidently assess any offers you receive.

Prepare to Negotiate

Receiving an initial offer is just the start of the conversation. One of the biggest mistakes people make is accepting the very first price they’re quoted without any discussion. Reputable buyers expect to negotiate, so don’t be afraid to present a counteroffer if the initial one feels too low.

Before you start, decide on the lowest price you’re willing to accept. This gives you a clear boundary. When you negotiate, be polite, confident, and prepared to explain why you believe your piece is worth more, referencing your research on comparable prices. The goal is to reach a fair agreement that works for both you and the buyer.

How to Sell Your Jewelry Safely

When you decide to part with a piece of jewelry, getting a great price is a top priority. But just as important is making sure the entire process is secure from start to finish. A safe transaction means you can feel confident about who you're dealing with, how your items are handled, and how you get paid. Whether you’re selling online or in person, taking a few key precautions will protect you and your valuables. It all comes down to verifying your buyer, securing your items, protecting your payment, and understanding every detail of the agreement before you commit.

Verify Your Buyer

Before you hand over your jewelry, do a little homework on the buyer. A trustworthy business will have a solid reputation and a professional presence. Start by looking for a physical address and contact information. Check for online reviews on platforms like Google or the Better Business Bureau to see what other sellers have experienced. A long history, like a family-owned business that has operated for decades, is often a great sign of reliability. Be wary of buyers who pressure you to make a quick decision or suggest deconstructing your pieces—a reputable jeweler knows that an item is often worth more when sold whole.

Insure Your Shipment

If you’re selling to an online buyer or mailing your jewelry for an appraisal, never send it without insurance. Shipping valuables comes with risks like loss, damage, or theft, and insurance is your financial safety net. A reputable online buyer should offer to provide a prepaid, fully insured shipping label. Make sure you confirm the coverage amount and that it’s sufficient for your item's estimated value. Read the policy carefully to understand what is covered and what documentation you’d need to file a claim. This step is non-negotiable for protecting your assets when they are out of your hands.

Ship Your Items Securely

Proper packaging is your first line of defense. Use a sturdy, plain box without any branding that could hint at its valuable contents. It’s best to double-box your item, placing the jewelry box inside a slightly larger, plain shipping box with padding. Always use a shipping service that provides a tracking number and requires a signature upon delivery. This creates a paper trail and confirms your package reached its destination safely. If a buyer provides a shipping label, ensure it includes these security features. Of course, selling to a trusted local buyer in person completely eliminates shipping risks.

Protect Your Payment

Before you agree to a sale, be crystal clear on how and when you will be paid. Reputable buyers offer standard payment methods like a company check, bank transfer, or PayPal. Be cautious of anyone suggesting unusual payment methods or transactions through unsecured apps. A professional buyer will provide a clear timeline for payment, often within 24 hours of accepting an offer. Always get the offer in writing and ask for a formal bill of sale or receipt upon completion. This document protects both you and the buyer and serves as proof of the transaction.

Understand the Fine Print

Always take the time to read the terms and conditions of the sale. Look for details about the timeline—are you getting paid immediately, or does the buyer plan to sell your item on consignment, which could take months? Check the return policy. If you decline their final offer after an in-person evaluation, will they return your item to you free of charge? A trustworthy company will be transparent about all potential fees, shipping costs, and their process. Don’t be afraid to ask questions. If a buyer is vague or avoids answering, it’s a red flag to walk away.

Expert Tips for a Successful Sale

Selling your jewelry can feel like a big step, but with the right approach, you can feel confident and in control of the process. It’s all about preparation. By taking a few extra steps, you can ensure you’re not just making a sale, but making a smart financial decision that honors the value of your pieces. Think of it as your final bit of homework before cashing in. These expert tips will help you present your jewelry in the best light and secure the best possible offer.

Know the Right Time to Sell

Timing can play a significant role in how much you get for your jewelry, especially for pieces made primarily of precious metals. Gold, silver, and platinum prices fluctuate daily based on market conditions. It’s wise to pay attention to these current market trends before you decide to sell. If prices are high, you stand to make a better profit. However, don’t let the market dictate your every move. If you need the funds now, the right time to sell is when it works for your financial situation. The key is to be informed so you can act with confidence and avoid taking a low offer just for the sake of speed.

Compare Multiple Offers

One of the biggest mistakes you can make is accepting the very first offer you receive. It’s tempting to take the quick cash and be done, but you could be leaving a lot of money on the table. Getting multiple quotes is essential to understanding your jewelry’s true market value. We recommend getting offers from a few different types of buyers, such as a trusted local jeweler, an online marketplace, and an auction house specialist. This gives you a clear picture of what a fair price looks like. Selling without knowing the value can lead to regret, so treat this step like the crucial research it is.

Perfect Your Presentation

How you present your jewelry can directly impact the offers you receive. A piece that is clean and sparkling simply looks more valuable than one that’s dusty or tarnished. Before showing your items to a potential buyer, take a moment to clean them gently. You can find many guides on how to safely clean jewelry at home using simple solutions. Be careful not to use harsh chemicals or abrasive tools, especially on antique pieces, as this can cause damage. Along with the item itself, gather any original boxes, receipts, or appraisal documents you have. This professional presentation shows buyers you’ve cared for the piece and helps validate its authenticity and worth.

Build Trust with Buyers

Whether you’re selling online or in person, establishing trust is key to a smooth transaction. A trustworthy seller is one who is transparent, knowledgeable, and organized. Be prepared to answer questions about the jewelry’s history and be honest about any flaws or repairs. If you’re selling online, high-quality photos from multiple angles and a detailed, accurate description are non-negotiable. For in-person appointments, having all your documentation ready shows you’re a serious seller. This level of professionalism not only makes the buyer more comfortable but can also lead to stronger, more confident offers, as it removes uncertainty from the equation.

Avoid These Common Mistakes

Navigating the selling process is much easier when you know which pitfalls to avoid. Many sellers, especially first-timers, make a few common errors that can cost them. One major mistake is skipping a professional appraisal, which leaves you guessing at your item’s true value. Another is over-cleaning or modifying a piece, which can actually decrease the worth of antique or designer jewelry. And as we’ve mentioned, accepting the first offer without shopping around is a frequent regret. By being aware of these common selling mistakes, you can protect yourself and ensure you walk away with a price that truly reflects what your jewelry is worth.

Related Articles

• How to Find an Antique Jewelry Buyer You Can Trust
• How to Sell Gold Jewelry for Cash: A Smart Guide
• Sell Your Jewelry | Signature Gold Loans

Frequently Asked Questions

What’s the difference between an insurance appraisal value and a resale offer? This is a great question because the numbers are often very different, which can be confusing. An insurance appraisal gives you the full retail replacement cost of an item. This is the high-end price you'd pay to buy that exact piece brand new from a store. A resale offer, on the other hand, is based on the current market value of the materials themselves—the gold, platinum, and gemstones. Think of it as the wholesale value, which is naturally lower than the retail price tag.

Is it better to sell my jewelry online or to a local buyer? The best choice really depends on your priorities. Selling online can expose your piece to a larger audience, but it often involves more work, platform fees, and the risk of shipping your valuables. Working with a trusted local buyer gives you a secure, face-to-face experience. You can ask questions, get an immediate offer, and often receive payment on the same day, which makes the entire process much more straightforward and personal.

What if my jewelry is broken or I only have a single earring? You should absolutely still bring it in for an evaluation. Much of the value in jewelry comes from the precious metals and gemstones it contains. A broken chain, a ring with a missing stone, or a single diamond earring all have tangible worth. A professional buyer can assess the value of the gold, platinum, or diamonds and make you a fair offer based on those materials, regardless of the item's condition.

Do I need the original box and paperwork to sell my jewelry? While having the original documentation, like a receipt or a diamond certificate, is always helpful and can sometimes strengthen your offer, it is not a requirement. Don't worry if you no longer have the paperwork. An experienced appraiser can accurately assess the quality of your jewelry and its materials just by examining the piece itself. So, don't let missing papers stop you from finding out what your items are worth.

How can I get past the sentimental attachment to sell a piece of jewelry? It can be tough to part with an item that holds a lot of memories. One helpful way to think about it is that you are not erasing the memory, but transforming the value of the object into something that serves your life today. You could use the money to fund a new dream or create a fresh, happy memory. Sometimes, taking a high-quality photo of the piece before you sell it is enough to preserve the sentiment while freeing up its financial potential.