10 Best Places to Sell Jewelry For The Most Cash In 2022

Do you will have advantageous jewellery sitting round the home and never being worn? Why hold having it take up house when you may flip it into money? There are a number of respected locations to promote jewellery on-line at a good worth.

Possibly it’s an previous engagement ring/marriage ceremony set, diamond bracelet or earrings, or an previous heirloom piece that you just not need.

Regardless of the case, we are able to present you the right way to flip your undesirable advantageous jewellery into cash within the financial institution. 

Editor’s Prime Picks

The place to Promote Jewellery

Promoting advantageous jewellery is usually a daunting process. How a lot is a bit value? Is the client sincere and reliable, or are they merely out to tear you off?

You’ll be able to promote your advantageous jewellery items to a neighborhood pawn store or gold purchaser, however doing so limits your viewers and your potential revenue.

If you promote with one of the best on-line websites, you routinely broaden your viewers to consumers all over the world.

Increasing your potential purchaser listing means you will have a greater likelihood of promoting your jewellery at a worth that pleases you. Think about these on-line jewellery websites as you put together to promote your undesirable advantageous jewellery.

1. Worthy

Worthy homepage

Worthy is a web-based jewellery public sale web site that exists to deliver advantageous jewellery sellers and consumers collectively in a luxurious public sale market. And to take action with transparency and integrity.

Which means you’ll at all times know precisely what the promoting course of is with Worthy. Right here’s the way it works.

  1. You contact Worthy and provides them an outline of your jewellery piece(s). This helps them decide one of the best route for the sale. 
  2. Worthy mails you a free delivery label and packing directions on your piece. Then they ship FedEx to select your advantageous jewellery piece up from a location of your alternative. Your cargo is insured by Lloyd’s of London for as much as $100,000, so it’s at all times in protected arms. 
  3. Your jewellery arrives at Worthy and is checked in and screened with Worthy’s safe system (fixed digicam monitoring) by their devoted crew. 
  4. The jewellery piece is professionally cleaned and photographed.
  5. Third-party licensed skilled gemologists examine and authenticate your advantageous jewellery merchandise(s). 
  6.  Worthy creates an public sale itemizing on your piece that features the third-party grading report, skilled photographs and a fantastic description. 
  7. Worthy will enable you get an thought of what comparable gadgets have bought for previously so that you could set a minimal “reserve worth” on your jewellery piece. 
  8. When the public sale ends, Worthy sells your piece to the very best bidder that meets or exceeds your reserve worth. If the very best supply is decrease than your reserve worth, you will have the choice to have your jewellery returned to you. Worthy will return unsold gadgets freed from cost and insured. 

What’s Subsequent? 

Worthy doesn’t cost you something till your merchandise sells. As soon as your merchandise sells, the corporate fees a fee charge based mostly on the promoting worth of your merchandise.

Charges

Worth Charge
$5000 or much less 18%
$5,001 to $15,000 14%
$15,0001 to $30,000 12%
$30,001 and above 10%

The good factor about utilizing an public sale web site like Worthy is that you just get skilled help all over the transaction. From inspection to sale, advantageous jewellery professionals are with you the entire time.

This course of helps make sure you’re not promoting your jewellery piece for too little–or to the incorrect folks.

Word: Worthy solely accepts jewellery items which have a minimal sale worth of $1500 or extra.

For lesser worth gadgets, you’ll have to decide on one of many different choices obtainable.

Trustpilot rating: 4.8 out of 5 stars

2. Money For Gold USA

cash for gold usa homepage

In case you have gold jewellery to promote, you may promote it to Money For Gold USA. This firm will take nearly any sort of gold. 

You’ll be able to promote them:

  • Intact jewellery corresponding to bracelets, earrings, rings, and so forth.
  • Gold nuggets
  • Gold dental crowns
  • Scrap gold
  • Damaged jewellery

And extra. The corporate accepts any karat gold between 8K and 24K. Because the firm pays for gold based mostly on purity and weight, it doesn’t matter what situation the gold is in.

The method of promoting to this firm is fairly easy. You begin by filling out the submission type on the positioning’s dwelling web page and requesting whether or not you need to ship by way of FedEx or USPS.

Money For Gold USA will ship you a delivery bundle based mostly on the knowledge you’ve given.

What’s Subsequent

After you get your free delivery bundle, you may ship in your insured, trackable bundle of gold. When Money For Gold USA receives your parcel, they’ll have one in all their licensed technicians appraise your gold.

The appraisal sometimes occurs inside 24 hours of once they obtain the cargo. After they analyze it, they’ll ship you a verify for his or her purchase supply quantity.

They will pay by way of PayPal should you select, too.

In case you’re pleased with the quantity you’ve obtained, simply hold your money. In case you don’t like their supply, you may return the cash, and so they’ll ship your gold again freed from cost.

Shopper Accepted Ranking: 5 Stars

3. The Diamond Valet

the diamond valet homepage

The Diamond Valet operates with three objectives in thoughts: comfort, safety and buyer satisfaction. They purchase the next jewellery gadgets:

  • Diamond engagement and marriage ceremony rings
  • Diamond stud earrings
  • Tennis bracelets 

Like another corporations, The Diamond Valet offers you a web-based worth vary on your diamond while you fill out their on-line type.

After you ship your diamond in, the corporate’s diamond consultants consider your ring and offer you a closing supply worth.

What’s Subsequent? 

The Diamond Valet’s authenticity consultants don’t take away your diamond(s) from the setting to provide you a suggestion worth. They hold the piece intact. In case you resolve you don’t need to settle for their supply, they’ll ship your diamond piece again to you.

In case you resolve you do need to settle for their supply, The Diamond Valet will ship you a cashier’s verify or firm verify. They’ll ship the verify by way of UPS, FedEx 2nd Day Supply or USPS First Class Mail.

The Diamond Valet will ship you free delivery labels and directions and return your merchandise freed from cost should you resolve to not promote. Word that the corporate additionally buys pre-owned watches.

As with their diamonds, The Diamond Valet solely buys high-end pre-owned watches in manufacturers corresponding to Cartier, Rolex, Breitling and so forth.

The method for promoting your identify model pre-owned watch is identical as it’s for promoting diamond jewellery.

You begin by filling out the appraisal type, after which sending your watch in for authentication should you’re pleased with the net worth vary quote.

In case you’re happy with the ultimate worth quote, you may comply with promote, and the corporate will ship you a verify for the quantity of the sale.

Trustpilot rating: No evaluations

4. I Do Now I Don’t

i do now i dont homepage

The I Do Now I Don’t web site says it’s the biggest jewellery purchaser from the general public. Their objective, in response to the positioning, is to assist jewellery sellers obtain the strongest attainable pricing for his or her diamonds and jewellery. 

The promoting course of with I Do Now I Don’t is easy, and the corporate affords two promoting choices.

  1. You’ll be able to listing your merchandise on the market on their web site
  2. You’ll be able to take the corporate’s Direct Supply, the place they purchase your piece immediately

You’ll doubtless earn extra money should you select to listing your merchandise on the market on the positioning, however the draw back is that it’ll most likely take longer to get that cash.

Word that it’s free to listing your piece on the positioning. The itemizing will expire after 30 days in case your jewellery merchandise hasn’t bought, nevertheless it’s free to relist it once more.

What’s Subsequent? 

I Do Now I Don’t does issues a bit in another way than different websites. You don’t ship your jewellery in for authentication till after it sells. After getting an accepted supply in your merchandise, you’ll ship it in, and the corporate will authenticate it.

If the sale is processed, you’ll be charged a fee fee based mostly on the I Do Now I Don’t fee scale:

  • 20% for gadgets promoting between $500 and $5,000
  • 18% for gadgets promoting between $5,001 and $10,000
  • 15% for gadgets promoting between $10,001 and $50,000
  • 10% for gadgets promoting at over $50,000

(Word that you’ll pay a 25% fee should you select to make use of the corporate’s VIP Service. The VIP Service gives pre-authentication and valuation, cleansing and pictures on your jewellery piece.)

If there are any points with authentication, the client can have the choice to renegotiate the deal or cancel it. After authentication is completed and your sale is full, you’ll obtain your fee on the fifteenth of the month following completion of buy.

Funds are despatched within the type of a verify by way of USPS.

Trustpilot rating: 2.7 out of 5 stars

5. The RealReal

The RealReal homepage

The RealReal is a web-based luxurious consignment retailer that helps purchasers purchase and promote quite a lot of luxurious gadgets, together with advantageous jewellery. Right here’s how promoting your jewellery on-line would work with TheRealReal.

You select from three simple methods to get your advantageous jewellery piece to TheRealReal:

  1. Delivery your piece immediately utilizing a free, printable delivery label
  2. Having your merchandise picked up from a location of your alternative (this service obtainable in over 20 metro areas)
  3. Bringing your jewellery piece right into a consignment location (Chicago, Miami, Dallas, NYC, SanFrancisco, LA, Washington DC)

As soon as The RealReal has obtained your jewellery, they’ll authenticate it and inform you of their urged listing worth. In case you agree, they’ll listing your merchandise on the market.

What’s Subsequent?

After your jewellery piece sells, you may select to receives a commission by Direct Deposit or by verify. The RealReal offers you a big fee on any merchandise they promote for you.

Listed below are the fee charges you’ll pay:

  • 60% on gadgets with an authentic resale worth of $145 or much less
  • 50% on gadgets with an preliminary resale worth of $146-$195
  • 30% on jewellery with a starting listing worth of $1,000 or extra 

There are different fee ranges, too, based mostly on the worth of explicit gadgets. You could find extra particulars on fee ranges on The RealReal’s web site.

Word that there’s some language in The RealReal’s phrases and situations web page that mentions their proper to decrease the value.

In different phrases, should you set an agreed-upon worth and your merchandise doesn’t promote quickly sufficient, The RealReal has the authority to scale back the associated fee by as much as 20% until you’ve agreed in any other case with them.

Decreasing the value would have an effect on your backside line, so it’s essential to be sure you get your required phrases in writing earlier than promoting with The RealReal.

Trustpilot rating: 4.1 out of 5 stars

6. Circa (previously Mondiamo)

Circa homepage

Circa helps you maximize the worth of your diamond while you’re able to promote. Word that they solely purchase diamond jewellery.

Promoting your diamonds to Circa takes simply 4 simple steps.

  1. You fill out some info on-line about your diamond jewellery piece.
  2. Circa offers you a worth vary they’ll decide to on-line.
  3. You’ll ship your diamond into Circa for authentication utilizing their insured free delivery course of.
  4. In case you settle for their Last Money Supply, they’ll ship you rapid fee. If not, they’ll ship your merchandise again to you insured and freed from cost. 

What’s Subsequent? 

There’s no particular fee construction with Circa. As an alternative, they merely make you a suggestion worth which you’ll settle for or reject. Circa pays you by way of financial institution wire into your checking account or by mailing a verify.

For worldwide prospects, they pay by way of wire switch.

Another choice you will have is to get a present card to Circa or to Blue Nile (a accomplice firm of Circa) as an alternative of money. If you select this selection, you may rise up to 110% or 120% of your quote worth.

Word: Circa’s supply worth consists of the dear steel that your diamond is about in. In case you’d moderately not promote the steel, they’ll take away the diamond from the setting. Then they’ll ship the setting again to you freed from cost.

Trustpilot rating: 4.2 out of 5 stars

7. WP Diamonds

WP Diamonds homepage

WP Diamonds was based in 2012 to create a market for folks to purchase and promote diamonds and different advantageous jewellery items rapidly and safely.

At WP Diamonds you may promote unfastened diamonds, diamond jewellery, advantageous watches or some other designer or property jewellery piece.

If you promote to WP Diamonds, you don’t have to attend for somebody to purchase your piece. As an alternative, WP Diamonds buys your jewellery immediately. The method is just like among the different websites listed right here:

  1. You fill out a web-based type describing your merchandise
  2. WP Diamonds offers you an preliminary valuation vary by electronic mail or telephone
  3. In case you’re pleased with the value vary, they’ll ship you directions on delivery your merchandise to the corporate free of charge
  4. WP Diamonds consultants will consider your jewellery piece
  5. You’ll get a closing and precise supply worth

What’s Subsequent

After you obtain your closing supply worth and inform WP Diamonds that you just settle for their supply, the method is kind of quick. In lots of circumstances, you may get paid inside 24 hours.

In case you go on to a WP Diamonds location to promote your jewellery, you might be able to stroll out the door with a verify the exact same day.

Word that WP Diamonds has inside valuation specialists as an alternative of third occasion valuation specialists like Worthy makes use of.

WP Diamonds has areas in New York Metropolis, Hong Kong and within the UK. 

Trustpilot rating: 4.7 out of 5 stars

8. 1stdibs

1stdibs homepage

1stdibs calls itself “the main on-line market for the world’s most lovely issues. They have been based in 2001 and focus on promoting distinctive luxurious gadgets, together with advantageous jewellery. 

With a purpose to promote your jewellery on 1stdibs, you must begin by finishing a vendor utility. The corporate has excessive requirements for sellers, which suggests they appeal to high quality consumers as properly.

When you’re accepted as a vendor, you may listing your jewellery items and work to promote them. I regarded to seek out particulars on 1stdibs about itemizing charges, promoting charges and commissions. However there was no info given until you signal as much as be a vendor and undergo the vetting course of.

I can inform you that whereas they appear to focus on higher-end items, there have been dozens of items on the market below $1,000. And though I can’t offer you particulars relating to charges and commissions, I can inform you that the 1stdibs Trustpilot ranking is kind of excessive, which is why we embrace them right here.  

Trustpilot rating: 4.3 out of 5 stars

9. Ruby Lane

Ruby Lane homepage

Ruby Lane is a web-based market that focuses on promoting a small group of things. The corporate is type of a cross between Etsy and Amazon. Ruby Lane has members promote gadgets like Etsy does, the place members open shops. 

You’ll be able to promote antiques, porcelain, dolls, furnishings–and advantageous jewellery. As with the opposite corporations listed right here, you may solely promote high-quality jewellery on Ruby Lane.

Concerning their advantageous jewellery part, Ruby Lane requires that the items are:

  • Lower than 20 years previous
  • Made from valuable metals or stones
  • Price $250 or extra
  • Marked with the stamp of a designer or luxurious model (or a non-mass produced unmarked merchandise)

You’ll listing your merchandise on the market, together with including an outline, images, and phrases, together with the delivery prices. 

What’s Subsequent

When you listing your merchandise on the market, it’s as much as you to speak with the client for fee, cargo, and so forth. You’ll be able to select which strategies of fee to supply, however the firm encourages the usage of PayPal.

Word that, like Etsy, Ruby Lane requires you to open a web-based “store” to promote there. Whereas their itemizing charges are reasonably priced at solely 19 cents per merchandise (for below 80 items), they do produce other prices.

There’s a one-time set-up charge of $100 on your retailer (this charge consists of ten free itemizing charges) and a month-to-month upkeep charge of $69.

So, should you’re solely seeking to promote one merchandise for $250, Ruby Lane wouldn’t be value the associated fee, and also you’d be higher off going with one other alternative.

Nonetheless, in case you have a really costly piece, the entire you’d pay to promote it could possibly be fairly low, in comparison with the fee charges of among the different shops right here.

Ruby Lane gives a primarily hands-off technique of serving to you promote your jewellery by yourself.  

Trustpilot rating: 4.6 out of 5 stars

10. Money For Diamonds USA

cash for diamonds USA homepage

Money For Diamonds USA is a sister web site to Money For Gold USA. This web site works the identical means Money For Gold USA works. In fact, the one distinction is that they settle for diamonds as an alternative of gold. 

You’ll be able to ship in any measurement unfastened diamonds or diamonds set in a hoop or different jewellery piece.

In case your diamonds are within the within a setting, corresponding to a hoop, they are going to consider the dear steel portion individually from the diamond portion. They’ll do that with out damaging your jewellery items.

After analysis, they’ll ship you a verify on your jewellery items. You’ll be able to request fee by way of PayPal as properly.

In case you aren’t pleased with the quantity they’ve supplied, you may name them, and so they’ll ship your merchandise(s) again to you freed from cost.

Different Choices to Promote Jewellery On-line

Word that whereas there are different fashionable websites that you may promote jewellery on-line, we tried to stay with websites that had the very best scores for customer support.

Be at liberty to take a look at web sites like eBay, Bonanza and extra for different choices to promote your jewellery on-line.

Simply be aware that you just’ll pay commissions while you promote on eBay and comparable websites. Pay attention to what these fee quantities are while you go to set a worth on your jewellery piece.

And pay attention to what your piece is absolutely value. In case you don’t just like the considered going it alone as you promote jewellery items on a web site like eBay, you may at all times use an public sale home.

Nonetheless, public sale homes have their guidelines for promoting your jewellery on-line too. Right here is a few details about two very fashionable public sale homes that may purchase your jewellery on-line.

Christie’s

Christie’s well-known public sale home buys jewellery on-line in some circumstances. Effectively, they gained’t essentially purchase your jewellery. As an alternative, you may ship your jewellery gadgets to Christie’s for a spot of their on-line auctions.

Word that public sale homes like Christie’s are far more explicit about which jewellery items they’ll take. They’ve a minimal estimated worth and solely promote greater worth gadgets.

Additionally, the timeline and means of promoting jewellery with Christie’s is far slower. You begin by sending photographs of your merchandise.

The jewellery consultants at Christie’s will decide whether or not the piece is finest served by promoting by public sale, non-public sale, or on-line sale.

You ship your piece in and also you pay for delivery and insurance coverage. It may be a month or two earlier than your merchandise goes up for public sale or is positioned in a non-public or on-line sale.

When it sells, Christie’s takes a reduce to cowl fee and bills. The web site doesn’t specify what proportion fee and what bills they’ll take.

Sotheby’s

Sotheby’s public sale home helps you to promote jewellery on-line too. As with Christie’s, Sotheby’s solely takes greater high quality items of bijou.

And so they don’t sometimes do auctions for on-line jewellery gross sales. As an alternative, they take jewellery items on consignment. You begin by sending them photographs of your jewellery items.

They’ll share what they assume it’s best to worth your piece at, after which listing the piece of their on-line retailer.

Word that you just do have to pay on your itemizing and your estimate with Sotheby’s. In case you each comply with promote with the corporate, they’ll take a roughly 25% fee as properly.

And as with Christie’s, promoting by way of Sotheby’s will doubtless take longer than it’s going to should you bought by way of Worthy or one other firm that focuses on shopping for on-line.

Nonetheless, you could get extra money relying on the method and the gross sales worth too.

Subsequent, let’s speak about some essential incessantly requested questions that come up because it pertains to promoting jewellery on-line.

FAQs

I can perceive how the considered promoting jewellery on-line may appear a little bit scary. In spite of everything, you’re placing one thing doubtlessly value 1000’s of {dollars} into the arms of a delivery firm.

Then you definately’re hoping it reaches its locations safely. There could be lots of unknowns in the case of shopping for and promoting on-line. Listed below are just a few FAQs about the right way to promote jewellery on-line.

Is it protected to promote jewellery on-line?

Sure, it’s protected to promote jewellery on-line–should you’re coping with a good firm like those talked about right here. When researching corporations that enable you promote jewellery on-line, it’s essential to verify sources like Trustpilot and the Higher Enterprise Bureau.

Ensure the corporate insures your product and do your analysis to make sure you’re coping with a good firm.

Is it value it to promote jewellery on-line?

Anytime you’re promoting jewellery to a jeweler, whether or not it’s on-line or in particular person, you’re going to obtain lower than the piece is value. In spite of everything, the objective of bijou corporations is to purchase at a worth that permits them to promote at a revenue.

Your job is to contemplate two issues as you look to promote your jewellery. These items maintain true whether or not you’re promoting on-line or in particular person.

1. Have you ever shopped round to get one of the best quote or supply?

2. Is it value holding on to the piece when you may be getting cash to make use of for extra essential issues?

Your reply to these two questions will enable you resolve whether or not it’s value it so that you can promote your jewellery or not.

For example, is it value it so that you can promote your jewellery items so you may get out of debt sooner? Pay for a semester or two at your child’s faculty? Speed up paying your mortgage off?

Weigh the solutions to those questions with the value you’ll get for the piece. In case you take a while to consider it, you’ll know what the correct reply is.

Ought to I promote my jewellery by way of an public sale purchaser or a direct purchaser?

You may be questioning whether or not it’s best to promote your jewellery by way of an public sale, like with Worthy, Christie’s or Sotheby’s, or to an organization that buys it outright.
The reply to that query relies on a few issues.

First, it rely upon the piece. Public sale homes sometimes solely take greater worth items.

For instance, Christie’s jewellery choice begins at $2,000. Second, it relies on your endurance, timeline, and willingness to take dangers.

There’s a likelihood that your piece gained’t promote at an public sale. And there’s an opportunity that it’ll promote for lower than you’d hoped. Nonetheless, public sale homes do set a minimal worth on gadgets.

On prime of that, you’re taking a look at a for much longer wait time on your money while you promote at an public sale home.

And don’t overlook that public sale homes sometimes don’t supply freebies like free delivery and free estimates. As an alternative, you’ll be paying for all of those providers, and paying a fee while you promote.

Think about these details as you resolve which technique of promoting is healthier for you; direct purchase or on-line public sale.

How a lot is my jewellery value?

Solely on-line jewellery consumers can reply that query. Do not forget that you’ll doubtless solely get a fraction of what you paid for the piece, until you may rake in some massive bucks by promoting at an public sale or promoting on to a purchaser on a web site like eBay.

Additionally, you’ll need to subtract any commissions or different charges out of your gross sales worth. And people can range relying on the place you promote. Preserve these details in thoughts and don’t anticipate to get what you paid for the piece while you purchased it.

Sure, jewellery can rise in worth relying in the marketplace. Nonetheless, getting a better worth takes information, time, and endurance. As well as, it takes educating your self on what the correct promoting venue is on your explicit piece.

Abstract

It’s attainable to promote your used jewellery on-line and get money for it. As an alternative of getting it lay round taking on house, why not earn some cash and promote your jewellery simply and rapidly through the use of one of many on-line websites above?

Then take the money you’ve earned and use it for one thing that’s essential to you. Go on that trip. Put it in your own home buy fund. Repay your debt.

Donate the cash to assist somebody much less lucky for you. There are all types of higher choices on your cash than to have it within the type of jewellery items you by no means put on.

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