Inheritance and Sale of Family Jewelry

Selling family jewelry with Diamantaires Paris OG.

Need help appraising your jewelry?

• No appointment needed: 43 Rue Beaubourg, 75003 Paris

Request a free jewelry appraisal Have you inherited family jewelry and do not wish to keep it? Selling family jewelry is an option many consider. But beware, it is not that simple! Diamantaires Paris OG offers to appraise your family jewelry and buy it back immediately. Inheritance of family jewelry: what you should know?

Taxation of family jewelry

Inheriting family jewelry is not that simple. There are many things to know, especially the tax aspect of such an inheritance. Indeed, the French General Tax Code considers that any jewelry received as an inheritance must be taxed, proportionally to its value. To estimate the value of jewelry received as an inheritance, you should turn to a certified professional. If you are liable for the ISF (Impôt de Solidarité sur la Fortune - French wealth tax), you must declare these family jewelry items in your tax return. These jewelry items will be taxed unless they are considered antique items exempt from tax (for family jewelry over 100 years old) or exempt collector's items (such as an Art Deco designer jewelry piece). If you wish to resell your family jewelry, you will have the choice between two taxation regimes:

• Capital gains on movable property (34.5% on the capital gain, i.e., the difference between the succession value and the sale price; with a 5% allowance per year after two years of ownership and full exemption after 22 years of ownership).
• The tax on precious objects (6.5% on the sale price except for jewelry under €5,000)

Concealment of family jewelry

Under the French Civil Code, if an heir conceals one of the succession assets (succession concealment), they will not only be required to return it (along with its income, if any) but must also pay the inheritance taxes even if they can no longer claim their share of that asset. This rule also applies to inherited family jewelry.

Why sell family jewelry received as an inheritance?

If you do not wish to keep the family jewelry received as an inheritance and nothing in the will states that you cannot sell it, then selling is a good option to realize money from the inheritance. You can get a free estimate of your family jewelry from our state-certified gemologist diamond experts. You have several options for reselling your inherited family jewelry:

• Jewelry stores or antique jewelry shops;
• Auction sales: you must make an appointment with an auctioneer (paid appointment) to get an estimate of your family jewelry before the sale;
• The municipal credit of Paris (Mont-de-Piété): this pawnbroking institution allows you to deposit family jewelry in exchange for immediate cash (the price of your jewelry is estimated based on the public auction market). You can retrieve them by returning the money before the agreed deadline: if not, they will be sold at auction;
• Internet: classified ad sites like Leboncoin or eBay;
• Consignment shops or flea markets;
• Specialists / dealers in the professional diamond market such as Obagem.

To sell family jewelry, you will need to provide several supporting documents: an identity document proving you are of legal age, and an invoice for the jewelry if you have one (optional). Diamantaires Paris OG buys back your family jewelry Diamantaires Paris OG offers to buy back your inherited family jewelry, immediately and at the best price for you! The first step is the appraisal of your family jewelry. One of our gemology specialists will estimate the value of your piece. After analyzing your family jewelry, we will provide you with an analysis report including:

• A description of the piece and included stones
• Its designation
• Its characteristics (weight, size, dimensions, etc.)
• Its value according to international standards

The specialist teams at Diamantaires Paris OG use the latest market information to estimate the value of your family jewelry: precious metal prices, current jewelry trends... No detail is left to chance: the quality and purity of the stone if your piece includes one, the signature if it is a second-hand piece, the state hallmark and the maker's mark... You will thus get an estimate of your jewelry's value as close as possible to market conditions!

As a result, many private individuals come to our premises at 43 rue Beaubourg in Paris to sell or appraise diamonds from the 1970s-80s acquired through inheritance.

Also in some cases with certificates from the Union of Diamond Dealers.

Once your family jewelry has been appraised, you have the choice between keeping it or selling it to us. If you choose to sell, Diamantaires Paris OG offers to buy it back under the best market conditions. The buyback of your jewelry is immediate: you can thus benefit from the sale of your family jewelry without dealing with paperwork and overly heavy administrative procedures.

Guide: What to do with family jewelry? Our alternative to Heritage Auctions Request a free online appraisal of your GIA-certified diamond. Obagem is composed of professional dealers in jewelry and precious stones in France and does not practice the profession of auctioneer. The title of auctioneer is protected by French law.
Our purchasing solution offers immediate buyback of jewelry without intermediaries and without auction. Diamantaire Paris offers an alternative for immediate jewelry buyback without auction.
More information without appointment at 43 rue Beaubourg 75003 Paris, or by phone: +33 1 48 87 23 37 Euvrard & Fabre

The auction house Euvrard & Fabre is located in the 7th arrondissement of Paris. It was founded by two auctioneers, Blandine

More info about this expert (directory) Chochon-Barré Allardi

The Chochon-Barré Allardi study is an auction house founded by two auctioneers, Maître Chochon-Barré and Maître Allardi, in 1691. The study is

More info about this expert (directory)

Request a family jewelry appraisal

At the heart of Diamantaire Paris's legacy is a tradition of excellence and a commitment to preserving the history and value of family jewelry. If you are wondering what to do with inherited jewelry, our team of experts is here to guide you through the appraisal and sale process, ensuring that each piece receives the attention it deserves. Our expertise in jewelry from the Place Vendôme is recognized worldwide. We understand the intrinsic and sentimental value of each piece, whether it is appraising an Art Nouveau piece, selling a diamond from the 1980s, or appraising a sapphire. Our detailed appraisal process ensures that each piece is evaluated accurately, considering its history, rarity, and beauty. We also offer an alternative to Sotheby's for selling jewelry, providing a reliable and transparent platform to sell your precious jewelry. Our commitment to excellence and our in-depth market knowledge allow us to offer the best selling options for your treasures. At Diamantaire Paris, we understand that each piece of jewelry has a story to tell. Whether you are looking to sell a Chopard piece or obtain an appraisal of a diamond from the French Gemmological Laboratory, our team is dedicated to preserving the integrity and value of each piece. We are proud of our heritage and committed to providing exceptional service to every client. Contact us to discover how we can help you honor and enhance the value of your jewelry heritage. Inheriting family jewelry goes beyond simply owning precious objects; it often involves tax and emotional aspects. Diamantaires Paris OG offers professional expertise to estimate the value of these inheritances, with the possibility of immediate buyback. Family jewelry is subject to taxation under the French General Tax Code, and its value must be assessed by a certified professional. If you are liable for the ISF, this jewelry must be declared. Certain jewelry, such as pieces over 100 years old or collector's items, may be exempt from tax. In the event of selling such jewelry, you will have the choice between capital gains on movable property and the tax on precious objects, depending on the specific conditions of the transaction. Concealment of succession assets, including family jewelry, can lead to tax and legal consequences under the Civil Code. Selling family jewelry can be an option to monetize an inheritance, but it is important to understand the tax and legal implications. There are various ways to sell these pieces, ranging from jewelry stores to auctions, as well as the Internet and consignment sales. Diamantaires Paris OG offers a free and professional appraisal of your family jewelry, allowing for easy and immediate sale if you choose to proceed. Their globally recognized expertise ensures that each piece is appraised accurately and with respect for its history and rarity. If you are considering selling an inherited family jewelry piece, Diamantaires Paris OG offers personalized services to guide and assist you at every stage of the process. At Diamantaires Paris OG, you can also discover high-end jewelry pieces such as the American alliance in white gold with 3-carat diamonds, the solitaire in grey gold with a 0.70-carat diamond, and the solitaire in grey gold set with a diamond of approximately 0.75 carats. In accordance with their privacy policy, each transaction is conducted with the utmost confidentiality and security, ensuring a transparent and reliable buying and selling experience. What alternative does Diamantaire Paris OG offer to Heritage Auctions for selling jewelry? Diamantaire Paris OG offers a unique luxury jewelry selling experience, combining gemological expertise and personalized service. They stand out with a more intimate and tailored approach, suited to the specific needs of each client. How can I get an estimate to sell my jewelry at Diamantaire Paris OG? You can get a quote or an estimate for selling your jewelry by visiting without an appointment at 43 Rue Beaubourg, 75003 Paris, by calling 01 48 87 23 37, or by filling out an online form on their website. What are the advantages of selling my jewelry with Diamantaire Paris OG? Diamantaire Paris OG offers several advantages, including access to a wide network of private buyers, a transparent selling process, a comprehensive and respectful appraisal of each piece, and a guarantee of discretion and security throughout the selling process. What is the jewelry selling process at Diamantaire Paris OG? The process begins with an initial consultation to examine your jewelry and understand your selling goals. Following an expert appraisal, a personalized selling proposal is provided. After your agreement, Diamantaire Paris OG handles all aspects of the sale. How to contact Diamantaire Paris OG to sell jewelry? You can contact Diamantaire Paris OG by phone at 01 48 87 23 37 or by email at [email protected]. Their boutique is open Monday to Friday from 10am to 1pm and 2pm to 6:30pm, located at 43 Rue Beaubourg, 75003 Paris, near the Réaumur – Sébastopol metro station.