Cash In On Designer Bags And Jewelry

Date: Saturday, October 31st, 2009

Author: Suzanne Le Mignot

“We’re seeing a ton of gold jewelry. There’s no doubt about that,” said Tobina Kahn, Vice President of House of Kahn Estate Jewelers, located at 60 E. Walton St. in Chicago.

With the precious metal trading at an all time high, House of Kahn Estate Jewelers has been busy buying items, ranging from solid gold cuffs to woven gold evening bags.

“The fact that they would rather sell it, get the money for it and do something more with it, is really a good choice, especially if they’re not wearing it,” Kahn said.

Kahn also says 18-Karat gold and vintage items are the most valuable.

“Look for retro pieces. Maybe things from the 1940s, the 1950s.”

Large diamonds are also in big demand right now; anything three carats and up. The experts say diamonds are like portable currency.

Click on the image below to view the video from CBS2 News:

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