Not at all! The common thread among those terms is that the item is previously owned, and there is a lot of value in purchasing estate or previously owned jewelry. First, you can get great deals. The premium paid when purchasing a brand new piece at full retail price will not be transferred once that same item is resold. It’s an excellent way to purchase designer names at a fraction of the original price. Also, purchasing estate jewelry is a fantastic way to acquire pieces with “Old World” craftsmanship. This is a lost art. Production costs are prohibitive in today’s market, making it unrealistic from a cost perspective to do a lot of the precision handwork you can find in older pieces of jewelry. Purchasing estate jewelry is also a wonderful way to acquire platinum-set jewelry. Traditionally, platinum jewelry holds its value better than gold jewelry. And don’t forget that you can find diamonds at a fraction of what you would pay at a new jewelry retailer. The savings can be amazing, up to 75 percent.