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SDJBL Moves to New Location

April 24, 2010 by Administrator · Leave a Comment 

San Diego Jewelry Buyers & Loans San Diego Jewelry Buyers & Loans (SDJBL) has announced that it has moved to a new location across from the San Diego Jewelers Exchange building. SDJBL’s new address is 907 6th Ave. The new showroom and offices take up the entire NE corner of 6th and E Street, at the same intersection as the Jewelers Exchange (861 6th Ave.), but on the opposite side of E Street. Read more

San Diego Buyer Predicts Strong Prices for Gold, Gold Jewelry, & Scrap Gold

February 2, 2010 by Administrator · Leave a Comment 

sandiego-gold_buyers San Diego Buyer Predicts Strong Prices for Gold, Gold Jewelry, & Scrap Gold Although the U.S. economy and the dollar remain on shaky ground, many analysts are predicting that one thing will remain strong during 2010: the price of gold. One of those analysts is Carl Blackburn, owner of San Diego Jewelry Buyers (SDJB). Read more

Pawn Shops See Business Spike for Diamonds & More

February 2, 2010 by Administrator · 1 Comment 

selldiamondssandiegojpg Pawn Shops See Business Spike for Diamonds & More The Telegraph Herald Online and Reuters are reporting that all across America, pawn shops have seen spikes in their business due to tougher economic times. We here at the San Diego Luxury Pawn Shop Report would certainly concur with that report, especially when it comes to diamond jewelry and items made of gold or other precious metals. Read more

Quick Tips: Getting Cash for Your Gold Bling

August 5, 2009 by Administrator · Leave a Comment 

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Cash for gold isn’t just a hot trend in San Diego. Shoppers around the country have been trading in their gold bling for quick cash. In an article recently published by The Denver Post, the newspaper lists the following tips for when selling your gold jewelry:

—Unless the piece is of a high-quality maker, such as Cartier or Tiffany’s, you’re looking at scrap gold pricing. Forget what you paid for it.

—Remove gemstones from your gold jewelry unless they’re too small to sell separately.

—Know the price of gold the day you’re going out to sell. The New York gold markets close at 1 p.m. Pacific time, so sell your gold in the afternoon.

—Weigh your gold jewelry in bulk. Keep similar karat gold together. You might get a better price.

—Do the gold math. Know the 100 percent value to see if offers are fair to you.

—Get gold buying offers from several stores, whether jewelry or pawn shops.

—Avoid online gold buyers. Unless you’re selling in high volumes, you’ll not likely get a better price.

—Never let strangers view gold jewelry at your home. Consider a bank and safety deposit box for security.

—Walk away if you don’t like the gold buyer’s offer. Gold is constantly on the move.

Selling Gold Jewelry: Tips & Guide

June 28, 2009 by Administrator · Leave a Comment 

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San Diego Jewelry Buyers (SDJB) has published a new guide for consumers looking to sell their gold. Titled “Selling Gold Jewelry: Top 10 Consumer Tips,” the article is the newest addition to SDJB’s online Knowledge portal. This consumer information center includes guides and tips for selling diamonds, estate jewelry, and gold items, as well as how to use these precious assets for private collateral cash loans that require no credit checks and do not put the consumer’s credit rating at risk. Read more

Rolex: A History

May 30, 2009 by Administrator · Leave a Comment 

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Rolex is one watchmaker that needs no introduction. The Swiss watch manufacturer is the largest single luxury watch brand in the world, producing about 2,000 watches per day. The company’s estimated revenues are around 3 billion US dollars.

Founded in the early 1900s by Hans Wilsdorf and his brother-in-law Alfred Davis, Rolex has always been a leader. Among the company’s innovations are the first waterproof watch case; the first wristwatch with a date on the dial; the first watch to show two time zones at once; and the first watchmakers to earn chronometer certification for a wristwatch. Rolex still holds the record for the most certified chronometer movements in the category of wristwatches.

Rolex participated in the development of the original quartz watch movements, and in 1968, collaborated with a consortium of 16 Swiss watch manufacturers to develop the Beta 21 quartz movement used in their Rolex Quartz Date 5100. The first self-winding Rolex watch debuted in 1931. This not only made watch-winding unnecessary, but eliminated the problem of over-winding a watch and harming its mechanism. Rolex was also the first watch company to create the first water resistant watch to 330 feet.

Rolex has also made a reputation in watches suitable for the extremes of deep-sea diving, aviation and mountain climbing. Early sports models included the Rolex submariner and the Oyster Perpetual Sea Dweller 2000 (in 1971). Another sports model is the Rolex GMT Master II, originally developed at the request of Pan Am Airways to assist pilots in transcontinental flights. The Explorer and Explorer II were developed specifically for explorers who would navigate rough terrain—such as the world famous Everest Expeditions.

Today Rolex operates stores in many urban centers of the world, including: Toronto, Paris, London, New York, Mexico City, São Paulo, Santiago, Buenos Aires, Sydney, Tokyo, Dubai, and Wellington, among others.

If you would like to learn tips about selling a used Rolex, visit: Rolex Selling Tips from a Watch Buyer

Ghandi’s Zenith Pocket Watch Sold at NY Auction

March 25, 2009 by Administrator · Leave a Comment 

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JCK Online reports that Mahatma Gandhi’s pocket watch and personal belongings realized just under $2.1 million as part of the Antiquorum Auctioneers sale of Important Collectors’ Wristwatches, Pocket Watches & Clocks, held March 4 and 5 in New York.

The auction as a whole took in $8.7 million. More than 500 online bidders, in addition to room and telephone bidders, bought modern and vintage watches at 142 percent of their low estimate resulting in 75 percent of all lots sold, the auction said in a statement. Gandhi’s pocket watch, sandals, glasses, bowl, and thali were sold for $2.096 million to what the auction house described as a “prominent Indian businessman who intends is to bring the items back to India for permanent public display.”

“Despite continued global economic concern, we have achieved tremendous results for our first auction of 2009,” said Evan Zimmermann, Antiquorum president and chief executive officer.

Antiquorum is pleased that the objects attributed to Mahatma Gandhi, one of the greatest spiritual and political leaders of the 20th-century, will be returning to India, added Robert Maron, Antiquorum chairman. “We know that this was the hope of the Indian people, as well as many others around the world.”

The auction also included a watch belonging to both U.S. president John F. Kennedy and Greek shipping magnate, Aristotle Onassis. Known as the Kennedy Onassis watch, it is the only known item connecting JFK, Jacqueline Kennedy, and Aristotle Onassis. It fetched $120,000.

Another watch of great significance in the sale was the Patek Philippe Henry Grave’s platinum minute repeater, which sold for $630,000. The watch belonged to the late Henry Graves Jr. who inspired Patek Philippe to create some of its most complicated watches to date.

In addition, the “Giuseppe Bonanno” 1950’s Patek Philippe watch sold for sold for $36,000. Bonanno was an original member of the “Commission” whose purpose was to establish rule by consensus amongst the New York crime families and is thought to be the inspiration for the character of Vito Corleone in Mario Puzo’s “The Godfather.”

Several other Patek Philippe timepieces achieved excellent results, including: The Ref. 5016 in yellow gold, lot 536, fetched $ 494,000; the “TV Watch” in white gold, Ref. 5020 (lot 526), sold for $180,000; the Ref. 3970 in white gold (lot 525) attained $ 108,000; and the yellow gold “Celestial” wristwatch (lot 120), which sold for $186,000.

An Audemars Piguet watch, the “End of Days,” (lot 435) sold for $ 42,000. A Cartier Art deco desk alarm clock sold for $32,400, three times its’ pre-sale estimate.

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Do you have a mechanical timepiece or used watch that you are looking to sell in San Diego? If so, read this article before approaching a buyer: San Diego Tips: Selling Your Used Watch.

Sotheby’s Sale Disappoints

November 25, 2008 by Administrator · Leave a Comment 

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We reported last month how watch auctions were setting records, but not so with a recent jewelry auction at Sotheby’s in Switzerland. Nearly 150 jewels including the star lot, a huge blue diamond, were left unsold, as nervous buyers held back amid uncertainty in world markets, the auction house said. Read more

San Diego Tips: Selling Your Used Watch

November 14, 2008 by Administrator · Leave a Comment 

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If you are looking to sell your watch in San Diego, there are a few important things to keep in mind. First, is the watch you are selling vintage or like new? For the watch to be sold as “vintage” it should be more than 40 years old. If the watch is under ten years old, then you should do whatever maintenance is necessary to make it appear as new as possible. For example, if the band is full of scratches you might consider replacing it. And if the watch is battery powered, replace the battery.

You should learn as much as you can about your watch, including the brand, model, design, functions, year of manufacture, and the current market demand for watches of its type. There are plenty of websites that can help you in this learning process. Try also looking up similar watches on e-bay to help gauge the demand for your watch. The greater the demand for your watch, coupled with a short supply, translates to higher prices and more money for you.

Visit or call several San Diego jewelry buyers to get a free quote on your watch. Some places will even provide a quote via email, as long as you provide them with all of the necessary details about your watch. If you go to visit a buyer in their office, do not leave your watch with them, but ask for a quote right away. A reputable buyer will have no problem giving you a quote on your watch during your visit.

Once you have received a range of buying offers for your watch, you can then choose the best one, or try to sell it via an online or offline auction. San Diego has several bricks and mortar auction houses that sell watches, including AAA Auction and Anstead’s auction.

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Interested in reading more about jewelry and watch auctions in San Diego? Try this article: California Auction Stretched Holiday Dollars.

Top 5 Tips: Selling Used Silver Flatware

November 14, 2008 by Administrator · 2 Comments 

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Here are your top 5 tips to remember before selling your silver flatware in San Diego.

1) Identify whether it actually is made of sterling silver, and not just silver plated. If it is genuine sterling silver flatware, the word “sterling” will be on the flatware. That is, unless it is an antique manufactured prior to 1860. Read more

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