Gemcor

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Overview Diamonds 101 Gemstone Care 101 Birthstones 101

Salvage

Salvage is an unrealized profit center. Broken stones, lost and found jewelry, fire and flood damaged jewelry, gold and platinum scrap and broken watches all have value. Don't sit on your jewelry salvage -- use GEMCOR SALVAGE and convert your jewelry salvage into cash.

Since 1981, GEMCOR has purchased or brokered our clients' salvage. Then in 2000, we expanded our salvage programs to the entire Insurance Industry. Even if you have another program in place for your jewelry claims, we know GEMCOR SALVAGE can earn you profits beyond your expectations.

Choose from our two programs:

Immediate Purchase- for those claims that require an immediate cash flow back into the file, Gemcor will coordinate the collection of the item. You will have our written quote within 72 hours, which will be honored for 90 days. Payment will be issued immediately upon acceptance of our offer.

Salvage Auction Program- for clients looking to outsource their entire jewelry salvage program, this is your solution. Gemcor hosts a semi-annual auction where we set the starting bid at the fair market value for each item and the competitive energy of the silent auction format drives bids upward. The reputation of our auction in the diamond industry has attracted some of the highest paying buyers. Contact us to learn more about this very successful program.


	Retail jewelers do not have the cash to purchase salvage at fair market value and will lowball their offers.