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What to Do with Inherited Jewelry and Watches

Published Date:November 20, 2025

Losing a loved one can be difficult, and navigating their estate can be overwhelming, especially when it includes cherished valuables. You might find yourself going through jewelry, watches, coins, and collectibles, unsure of their true worth or the next steps to take. At Leo Hamel Fine Jewelers & Jewelry Buyers, you’ll find empathy and professionalism to guide you through this process.

1. Distinguish Between Fine and Costume Jewelry

Inheritors are frequently tasked with untangling jewelry from their loved one's jewelry boxes, overflowing with a mix of costume and fine jewelry.
A jewelry box filled with necklaces of varying value.

Fine jewelry is made from precious metals and genuine gemstones. Costume jewelry is decorative and made from non-precious metals and imitation gemstones. An inheritance may include a combination of fine and costume jewelry and sometimes it’s difficult to tell the difference. Real gold, silver, and platinum jewelry will typically be stamped with a mark, such as 14K or 585 for 14 karat gold, 18K or 750 for 18 karat gold, 925 for sterling silver, or PT for platinum. Keep in mind that these markings may fade or be cut out during ring sizing, particularly in older pieces. Our experienced gemologists are equipped with professional testing tools to accurately assess the materials, providing clarity on the value of the pieces.

2. Assess the Value

Not all fine jewelry holds the same value. Factors like brand, craftsmanship, and the quality of gemstones may come into play. Vintage designer pieces from notable brands such as Tiffany & Co., Cartier, or David Yurman can carry more value than similar non-branded jewelry. Likewise, collectible watches, particularly from prestigious brands like Rolex, Omega, and Patek Philippe, can hold more value over the years. The market is continually changing, and our experts stay abreast of current values. We offer transparent evaluations to help you understand the value of each piece.

3. Explore Your Options

Once you have a clear understanding of what you possess and its value, consider your next steps:

  • Sell for Immediate Payment: Receive the highest possible immediate compensation. 
  • Trade for Something New: Use your inherited pieces as credit toward jewelry or a timepiece that aligns with your taste. 
  • Preserve Sentimental Heirlooms: Knowing the value ensures you can make informed decisions about which pieces to keep for future generations.
Mulling over family heirlooms can weighs heavily on the heart, especially when you can't make use of the jewelry, like with a pair of wedding bands.

4. Don’t Overlook Coins or Bullion

Many estates may contain gold or silver coins, bullion, or small bars that have been stored away. The market value can change, making it vital to have these pieces professionally assessed. Our experts keep pace with precious metal trends to offer you the highest possible prices during your visit.

5. Work with a Trusted Local Expert

Dealing with inherited valuables can be an emotional experience. It is important to collaborate with a professional who respects your heirlooms and the memories they represent. For over 46 years, Leo Hamel Fine Jewelers & Jewelry Buyers has been a respected name in fine jewelry, watch, coin, and gold buying in San Diego, California. We pride ourselves on our integrity, discretion, and authentic customer service.

Visit Us for a Free Evaluation

Whether you have inherited a jewelry box, a coin collection, or a vintage watch, we are here to help you understand their value—without any obligation to sell.

A woman carefully examines the clasp of a stainless steel watch that a client would like appraised for insurance.
Our staff are some of the highest rated jewelers and appraisers in San Diego. Customers consistently mention their integrity, knowledge, and the respect that they show to our customers.

Feel free to visit us today or schedule a private consultation at our San Diego, CA locations.

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