It’s Time to Purge: Why Letting Go of Old Jewelry Makes Sense

As someone who has been collecting jewelry and luxury goods for decades, I can tell you one thing: at some point, all of it becomes too much. My drawers are full of items that once held meaning, but now? They’ve become little more than dust collectors. I’ve come to the conclusion that many others like me might reach, too: it’s time to purge. Clearing out old jewelry and luxury goods isn’t just about reclaiming physical space; it’s about refreshing your life and financial portfolio.

“Letting go of pieces you no longer wear or use can be incredibly freeing,” said jewelry expert Jim Carlisto from Raskin’s Jewelers. “Often, we hold onto things because we attach sentimental value to them, but many times that sentiment fades, and all we’re left with is clutter.”

That realization hit me recently as I rifled through my collection. Beautiful fine jewelry, watches and rare coins were tucked away, unappreciated and unused. My initial thought was, “I might wear this someday.” But as days turned into years, the reality set in: if I haven’t worn it yet, I’m probably never going to.

Sentiment vs. Practicality
Take, for instance, an old watch I bought on impulse years ago. It’s a stunning timepiece, but it doesn’t suit my lifestyle anymore. As elegant as it may be, I rarely wear it, opting for newer, more practical pieces. Like many collectors, I fell into the trap of equating value with emotional attachment.

“People often attach memories to their jewelry, but holding onto those items isn’t always practical,” added Carlisto. “If you don’t love it, wear it or use it, there’s no reason to let it take up space. Instead, consider selling or donating it, allowing someone else to cherish it.”

Financial Opportunities
The luxury market is still thriving, and buyers are particularly interested in unique, vintage and high-end items. Whether it’s diamonds, fine art or rare coins, many old pieces can be liquidated for substantial financial gain. Scrap gold and silver, too, can be turned into instant cash.

Purging your collection isn’t just about decluttering your home; it can also serve as an investment strategy. “Selling scrap gold and silver or even old designer bags can be incredibly lucrative in today’s market,” said Carlisto. “You’d be surprised by how much value is tied up in items you no longer use. That old, tangled necklace could be worth a nice vacation.”

I recently sold an unused diamond bracelet, and the process was far easier than I’d anticipated. The local jeweler evaluated its worth, and within a week, I had turned it into liquid cash. It was refreshing to see something I hadn’t worn in years actually contribute to my financial health.

The Minimalist Appeal
There’s another reason to consider purging old jewelry: the rising appeal of minimalism. It’s not just a trend – it’s a lifestyle choice. In today’s fast-paced world, many are opting to live with less, focusing on owning fewer, higher-quality items that bring true joy and utility.

I found that, as my jewelry collection grew, I became overwhelmed with choices, and in the end, I wore the same few pieces repeatedly. With this realization, I decided to part ways with pieces that didn’t fit my life anymore. The once treasured designer purses, old currency collections and fine art just didn’t make the cut. Now, I’m left with items that I truly appreciate and use regularly.

Sentimental Items – A Thoughtful Approach
Of course, not every piece should be purged. Family heirlooms or pieces with deep emotional ties deserve careful consideration. That said, even sentimental items can be re-evaluated. If a piece isn’t being worn or doesn’t match your style, consider passing it down to a loved one or transforming it into something new.

I had an old, inherited ring that, while lovely, wasn’t my taste. Instead of keeping it tucked away in a drawer, I had it redesigned into a modern piece that I now wear daily. Repurposing old jewelry is a wonderful way to honor the past while still making it fit your present lifestyle.

For me, purging my old jewelry collection wasn’t just about clearing out space; it was about moving forward and making thoughtful, intentional choices. I learned that there’s no need to hold onto every piece forever – sometimes letting go is the best way to make room for something new.

As Carlisto so aptly put it, “Jewelry should bring joy and meaning to your life. If it’s no longer doing that, it’s time to let it go.” The decision to purge might feel overwhelming at first but trust me – it’s one of the best decisions I’ve made. And who knows? Your old treasures might just become someone else’s new favorite pieces. QCBN

By Donna Werking

As the owner of Raskin’s Jewelers, Jim Carlisto, a member of the esteemed Carlisto family, remains unwaveringly committed to upholding their founding values, guaranteeing exceptional service to each patron. With over 16 years of profound experience in the jewelry realm, Jim’s steadfast devotion lies in maintaining unparalleled standards, placing paramount importance on customer satisfaction.

Donna Werking is a marketing strategist and owner of Northern AZ Social, based in Prescott.