Category Archives: London Gallery Auctions Blog

Find exquisite jewelry, watches, fine art and collectibles at LGA’s Online Auction 29th Feb 2016

As the month draws to end, we have yet another exciting treat for all our customers. Our two-day luxury auction is set to go live on the 29th of February and will feature a wide range of jewelry, watches, fine art, handbags and vintage items. No matter what you are looking for and what your budget is, we have something for all online auction lovers.

In this post, we will take you through some of the amazing jewelry pieces that we’re auctioning. The highlight of this auction is a spectacular Halo Vintage Style Inspired Fancy Yellow and White Diamond Ring in White Gold. If you’re looking for the perfect engagement ring for the love of your life, then this is it. Bids open at $11,500 for this gorgeous ring that is worth $16,090.00.

If you’re looking for something more affordable but just as beautiful, you’re in luck. Lot 31 is an impressive Diamond Tiered Wedding Ring in 14 KT Yellow Gold. A sparkling central diamond is surrounded by seventeen brilliant diamond sides in a graduated channel bar setting. The two gold bands fit into each other to look like one ring. At an estimated price of between $910 and $1,120, this ring is a deal you don’t want to miss.

The auction will kick off with a Rectangular Jadeite and Diamond Victorian Style Ring. This cocktail style ring is a piece you don’t want to miss, especially since bids start at a mere $400. An apple green rectangular cabochon cut Jadeite Jade is surrounded by 21 glittering round brilliant cut prong set diamonds in open work basket style setting.

Our online jewelry auctions are a feast for jewelry lovers and collectors alike and this luxury online auction is no different. For details on other items, head to our upcoming auctions page. To place bids, register to become a bidder at London Gallery Auctions.

 

Three things to know before selling jewelry at online auctions

Selling jewelry at a brick and mortar store can sometimes be a frustrating experience. This is why online jewelry auctions are growing in popularity amongst sellers of fine jewelry. In an earlier post, we covered the basics of Selling in Jewelry Auctions Online, to help potential sellers learn how to sell jewelry auctions. Today we’re going to give you essential tips and tricks that make selling easier for you and give you the skills required to sell better.

Appraisal value versus market price

Before you put an item up for a sale, it is standard procedure to get an appraisal conducted. While the appraisal value is an indicator of what your jewelry is worth, don’t assume that this is the price your jewelry will sell for. Market factors affect the price your piece will go for (and it could even be as low as one-third of the appraisal value).

That being said, appraisals are still important in determining the value of your piece. It helps prevent buyers from taking undue advantage. More significantly, it is necessary for insurance purposes.

Sell with small auction houses

A large auction house may seem like the best bet to you, but most big auction houses don’t take pieces under a certain price. So if you’re looking to sell jewelry that is not worth a lot, selling with a small auction house is a good idea. Plus a small auction house such as London Gallery Auctions they may provide better fees and commission values.

That being said, it is important to sell with an auction house you trust and can rely on.

Trends matter

In 2011, diamond jewelry became sought after in China and India, and prices went up by 19% and all of a sudden you could sell diamonds at greater profits. Now that cocktail rings are in fashion; you can be confident about selling yours at a good price.

Keeping up with the market trends is an integral element to selling your jewelry at auctions. Your piece could be worth a lot, but if there are no buyers, you won’t sell regardless of value. Unless you need the cash urgently, you should wait to see if trends change and the jewelry you are selling comes back into fashion. This way you are likely to obtain a better price for your item than you would have when it was out of style.

When getting your jewelry appraised, you could ask the appraiser how much it might be worth in specific markets (again this won’t be the same as appraisal value). Be sure to check out how much pieces similar to yours are selling for.

Once you start selling jewelry at online auctions, you are bound to get a hang of it, and things will get easier over time. Whether you want to turn this into a full-fledged interest or just want to get some cash flowing, online auctions are a fun, hassle free way to sell jewelry.

Invaluable online auction

As the needs of auction participants are evolving rapidly so is the auction market. The most significant change in the way auctions are conducted has been the introduction of online auctions, where one can browse catalogs and bid on lots from the comfort of their home.

Invaluable online auction is the largest auction site on the internet where you can find everything from fine wines to antiquities and furniture to minerals. Invaluable is a marketplace that holds online auctions for major auction houses and helps connect buyers and sellers in the cyberspace. The best thing about online jewellery auctions is that bidders are more open to buying from small auction houses now. Invaluable’s innovative business model has allowed the company to see massive growths, with the third quarter of 2015 undergoing record-breaking growth. This is also a testament to the popularity of online auctions where more and more bidders have started participating. In fact now users can simply partake in auctions using their smartphones. Continue reading Invaluable online auction