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Spot Authentic Deals at
Jewelry Auctions
For buyers attending a jewelry sale at auction,
it can be difficult to gauge a smart bidding price by
just looking at a piece of jewelry, unless they know
for sure what they are bidding on – including what
gems they are buying (authentic or not), what
precious metals or other stones are in the piece,
and what the overall worth of the jewelry item
is prior to bidding.
Making an Informed Bid
Some buyers may not particularly care whether an item is authentic, but
just catches their eye due to the look and design. However, knowing what
you are bidding on can be critical, in order to help ensure you get a fair
deal and pay a fair price for what you are getting. If you are bidding for
real gems on a piece of costume jewelry, then you are obviously bidding
very high for that item!
Use Some Simple Tricks
A few simple tricks can help you try to spot fake gems or metal at a
jewelry auction, including the following:
The Breath Test: if you breathe on a real diamond, nothing will happen.
This is because real diamonds do not retain heat. Conversely, a ‘fake
diamond’ will become foggy if you breathe on it, as it can retain heat.
Look for Flakes:
Cheap metals tend to flake off or
corrode over time. If you spot any
signs of corrosion or flaking, then
chances are that you may not be
eyeing a precious metal.
Check for Magnetic Attraction:
Real precious metals are not
magnetic, and therefore will not
be drawn toward a magnet or
magnetic force. If a metal
gravitates toward a magnet, it is
most likely not a precious metal.
Keep the “3 C’s” in Mind
Gems can be evaluated using criteria that begin with
the letter “C”, including: Cut, Clarity and Color.
(For diamonds and some other gems, another C
factor — carat weight — is often included.)
CUT
Cut is the manner in which a stone is cut, which can
affect its appearance, and how it reflects light.
COLOR
Color refers to the general hue of a gem, as well as
the shade within color families.
Clarity
Clarity denotes the presence or lack of presence of
imperfections in a gemstone. Flawless gems are
rare, but do occur. Therefore, the type and size of
an imperfection or imperfections make a difference
when evaluating a gem.
There are a number of tools that can help you assess a piece of
jewelry at an auction or otherwise. One tool is an application for
your mobile phone, the Gemological Institute of America’s cut
estimator tool, which can be found at:
www.gia.edu/facetware-mobile
Take Advantage of High-Tech Tools
Get more tips on spotting the real deals on jewelry at auctions
by checking out American Auction Co.’s new infographic for an
easy, fun way to remember what is important when looking at a
gem or metal jewelry piece to decide how much you want to bid
or pay for the item, and its value.
Visit
www.resources.americanauction.com
to download your copy today.
New Infographic Now Available
American Auction Company is the Southwest’s most active
auction and appraisal company, hosting live, online and
simulcast auctions. The firm also offers both appraisal and
auction services for Police confiscated personal and stolen
property, government surplus, cars, tools, electronics, firearms,
jewelry, art, sporting goods, coins and surplus, as well as
commercial and heavy equipment, real estate, antiques, estate
and business liquidations, and bankruptcies.
About American Auction Company
Based in Phoenix, AZ and an INC. 5000 company, American
Auction Company is one of the fastest growing privately held
companies within the United States. Additionally, American
Auction Company is an ICIC INC. 100 company. In 2015, the
company’s CEO, Deb Weidenhamer, was ranked within the Top 50
Women Entrepreneurs in America by Inc. 5000 magazine.
American Auction Co. is also a global real estate auction
marketplace; and is headquarters for global auction
marketplaces based in Shanghai, China and San Diego, CA.
© 2015-2016 American Auction Co. All Rights Reserved.
American Auction Company can be found
on the web at www.americanauctionco.com

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How to Become a Jewelry Thief by Learning to Spot Steals at Auctions

  • 1. Spot Authentic Deals at Jewelry Auctions
  • 2. For buyers attending a jewelry sale at auction, it can be difficult to gauge a smart bidding price by just looking at a piece of jewelry, unless they know for sure what they are bidding on – including what gems they are buying (authentic or not), what precious metals or other stones are in the piece, and what the overall worth of the jewelry item is prior to bidding.
  • 3. Making an Informed Bid Some buyers may not particularly care whether an item is authentic, but just catches their eye due to the look and design. However, knowing what you are bidding on can be critical, in order to help ensure you get a fair deal and pay a fair price for what you are getting. If you are bidding for real gems on a piece of costume jewelry, then you are obviously bidding very high for that item!
  • 4. Use Some Simple Tricks A few simple tricks can help you try to spot fake gems or metal at a jewelry auction, including the following: The Breath Test: if you breathe on a real diamond, nothing will happen. This is because real diamonds do not retain heat. Conversely, a ‘fake diamond’ will become foggy if you breathe on it, as it can retain heat.
  • 5. Look for Flakes: Cheap metals tend to flake off or corrode over time. If you spot any signs of corrosion or flaking, then chances are that you may not be eyeing a precious metal. Check for Magnetic Attraction: Real precious metals are not magnetic, and therefore will not be drawn toward a magnet or magnetic force. If a metal gravitates toward a magnet, it is most likely not a precious metal.
  • 6. Keep the “3 C’s” in Mind Gems can be evaluated using criteria that begin with the letter “C”, including: Cut, Clarity and Color. (For diamonds and some other gems, another C factor — carat weight — is often included.)
  • 7. CUT Cut is the manner in which a stone is cut, which can affect its appearance, and how it reflects light.
  • 8. COLOR Color refers to the general hue of a gem, as well as the shade within color families.
  • 9. Clarity Clarity denotes the presence or lack of presence of imperfections in a gemstone. Flawless gems are rare, but do occur. Therefore, the type and size of an imperfection or imperfections make a difference when evaluating a gem.
  • 10. There are a number of tools that can help you assess a piece of jewelry at an auction or otherwise. One tool is an application for your mobile phone, the Gemological Institute of America’s cut estimator tool, which can be found at: www.gia.edu/facetware-mobile Take Advantage of High-Tech Tools
  • 11. Get more tips on spotting the real deals on jewelry at auctions by checking out American Auction Co.’s new infographic for an easy, fun way to remember what is important when looking at a gem or metal jewelry piece to decide how much you want to bid or pay for the item, and its value. Visit www.resources.americanauction.com to download your copy today. New Infographic Now Available
  • 12. American Auction Company is the Southwest’s most active auction and appraisal company, hosting live, online and simulcast auctions. The firm also offers both appraisal and auction services for Police confiscated personal and stolen property, government surplus, cars, tools, electronics, firearms, jewelry, art, sporting goods, coins and surplus, as well as commercial and heavy equipment, real estate, antiques, estate and business liquidations, and bankruptcies. About American Auction Company
  • 13. Based in Phoenix, AZ and an INC. 5000 company, American Auction Company is one of the fastest growing privately held companies within the United States. Additionally, American Auction Company is an ICIC INC. 100 company. In 2015, the company’s CEO, Deb Weidenhamer, was ranked within the Top 50 Women Entrepreneurs in America by Inc. 5000 magazine. American Auction Co. is also a global real estate auction marketplace; and is headquarters for global auction marketplaces based in Shanghai, China and San Diego, CA. © 2015-2016 American Auction Co. All Rights Reserved. American Auction Company can be found on the web at www.americanauctionco.com