
where to sell my emerald?
I have a 28.37 ct Emerald (box says "28.37ct Muzo Emerald Emerald Cut Re- Cut By Cristavao T501")
I recieved this when a relative passed away and really have no use for it as she was a collector of such things... My question is how would i go about selling it.... will a jewelry store buy it from me?
P.S. I'm low on cash and need to sell to make my car payment...
If the stone came through an estate, there should have been an appraisal done. Call the executor and find out and, if there is one, get a copy of it. Without an appraisal, you're going to get ripped off. You have no idea what you actually have. A Muzo mine emerald in excess of 28 carets could be worth a fortune. However, a jeweler could tell you it's low quality and give you a grand when it's worth $50,000 or more. Given your circumstances, you'd take it and be happy never realizing that you blew a fortune.
If there's no appraisal, get one. Find a local jeweler who will give you a written appraisal. Don't say anything about selling it. It's for insurance purposes. While an appraisal isn't as good as a GIA cert, it's a whole lot cheaper - under $100. Once you have an appraisal, go online and look for a gemstone dealer.
Muzo emerald
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