15 Greatest Locations to Promote Jewellery On-line And Native For Money In 2023

Promoting jewellery is usually a daunting activity. How a lot is a bit price? Is the customer trustworthy and reliable, or are they merely out to tear you off?

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

While you promote with the most effective on-line websites, you mechanically broaden your viewers to consumers all over the world.

Increasing your potential purchaser listing means you’ve got a greater likelihood of promoting your jewellery at a value that pleases you. Take into account these on-line jewellery websites as you put together to promote your undesirable advantageous jewellery.

1. Worthy

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

Worthy doesn’t cost you something till your merchandise sells. As soon as your merchandise sells, the corporate prices a fee payment primarily based on the promoting value of your merchandise.

Here’s what their charges appear like:

The great factor about utilizing an public sale web site like Worthy is that you just get skilled help all through 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 flawed individuals.

Be aware: Worthy solely accepts jewellery items which have a minimal sale value of $1500 or extra.

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

2. Money For Gold USA

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

You’ll be able to promote them:

• Intact jewellery resembling bracelets, earrings, rings, and many others.
• Gold nuggets
• Gold dental crowns
• Scrap gold
• Damaged jewellery

The corporate additionally accepts any karat gold between 8K and 24K. For the reason that firm pays for gold primarily based 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 kind on the positioning’s house web page and requesting whether or not you need to ship through FedEx or USPS.

Money For Gold USA will ship you a delivery package deal primarily based on the data you’ve given.

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

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

They will pay through PayPal in case you select, too.

Should you’re proud of the quantity you’ve acquired, simply maintain your money. Should you don’t like their supply, you may return the cash, and so they’ll ship your gold again freed from cost.

3. The Diamond Valet

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

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

Like another corporations, The Diamond Valet provides you a web based value vary on your diamond while you fill out their on-line kind.

After you ship your diamond in, the corporate’s diamond consultants consider your ring and provide you with a closing supply value.

The Diamond Valet’s authenticity consultants don’t take away your diamond(s) from the setting to offer you a proposal value. They maintain the piece intact. Should you determine you don’t need to settle for their supply, they’ll ship your diamond piece again to you.

Should you determine you do need to settle for their supply, The Diamond Valet will ship you a cashier’s examine or firm examine. They’ll ship the examine through 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 in case you determine to not promote. Be aware that you may additionally promote pre-owned watches to them.

4. I Do Now I Don’t

The I Do Now I Don’t web site says it’s the biggest jewellery purchaser from the general public. Their aim, 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 straightforward, and the corporate provides 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 Provide, the place they purchase your piece instantly

You’ll seemingly earn more cash in case you select to listing your merchandise on the market on the positioning, however the draw back is that it’s going to most likely take longer to get that cash.

Be aware 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, however it’s free to relist it once more.

I Do Now I Don’t does issues a bit in a different 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 primarily based on the I Do Now I Don’t fee scale:

(Be aware that you’ll pay a 25% fee in case 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 customer could have the choice to renegotiate the deal or cancel it. After authentication is completed and your sale is full, you’ll obtain your cost on the fifteenth of the month following completion of buy.

Funds are despatched within the type of a examine through USPS.

5. The RealReal

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

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

1. Transport your piece instantly utilizing a free, printable delivery label
2. Having your merchandise picked up from a location of your selection (this service accessible 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 acquired your jewellery, they’ll authenticate it and inform you of their recommended listing value. Should you agree, they’ll listing your merchandise on the market.

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

Listed below are the fee charges you’ll pay:

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

There are different fee ranges, too, primarily based on the worth of explicit objects. Yow will discover extra particulars on fee ranges on The RealReal’s web site.

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

In different phrases, in case you set an agreed-upon value and your merchandise doesn’t promote quickly sufficient, The RealReal has the authority to cut back the price by as much as 20% except you’ve agreed in any other case with them.

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

6. Circa (previously Mondiamo)

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

There’s no particular fee construction with Circa. As a substitute, they merely make you a proposal value which you’ll settle for or reject. Circa can pay you through financial institution wire into your checking account or by mailing a examine.

For worldwide prospects, they pay through wire switch.

An alternative choice you’ve got is to get a present card to Circa or to Blue Nile (a associate firm of Circa) as a substitute of money. While you select this feature, you may stand up to 110% or 120% of your quote value.

Be aware: Circa’s supply value consists of the dear steel that your diamond is about in. Should you’d quite 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.

7. WP Diamonds

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

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

While you promote to WP Diamonds, you don’t have to attend for somebody to purchase your piece. As a substitute, WP Diamonds buys your jewellery instantly.

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

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

Be aware that WP Diamonds has inside valuation specialists as a substitute of third get together valuation specialists like Worthy makes use of.

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

8. 1stdibs

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

So as to promote your jewellery on 1stdibs, it’s important to begin by finishing a vendor utility. The corporate has excessive requirements for sellers, which suggests they entice high quality consumers as nicely.

When you’re accepted as a vendor, you may listing your jewellery items and work to promote them. I regarded to search out particulars on 1stdibs about itemizing charges, promoting charges and commissions. However there was no info given except 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 beneath $1,000. And though I can’t provide you with particulars relating to charges and commissions, I can inform you that the 1stdibs Trustpilot score is kind of excessive, which is why we embody them right here.  

9. Ruby Lane

Ruby Lane is a web based market that makes a speciality of promoting a small group of things. The corporate is kind of a cross between Etsy and Amazon. Ruby Lane has members promote objects like Etsy does, the place members open shops. 

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

Relating to their jewellery part, Ruby Lane requires that the items are:

• Lower than 20 years outdated
• Manufactured 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, pictures, and phrases, together with the delivery prices. 

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

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

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

So, in case you’re solely trying to promote one merchandise for $250, Ruby Lane wouldn’t be price the price, and also you’d be higher off going with one other selection.

10. Money For Diamonds USA

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

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

In case your diamonds are within the within a setting, resembling a hoop, they’ll 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 examine on your jewellery items. You’ll be able to request cost through PayPal as nicely.

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

Native Methods to Promote Jewellery 

Listed below are a couple of methods you may promote your jewellery domestically in case you favor to go that route.

11. Pawn Retailers

Should you’re trying to promote jewellery domestically and rapidly, a pawn store might be the very first thing that’ll come to thoughts. 

Pawn outlets don’t sometimes provide the most bang on your buck, however they’re efficient at getting you money in your hand in a short time. 

And what most individuals don’t typically understand is that while you “pawn” your jewellery merchandise, you aren’t essentially promoting it. 

You’re basically taking out a mortgage and utilizing your jewellery as collateral. When you repay again the price of the “mortgage,” you’re going to get your merchandise again. 

Pawn shops will certainly simply purchase the merchandise outright from you in case you favor to simply make some fast money out of your valuables. 

Remember, you’re most likely solely going to get about 25-60% of the worth of your merchandise by utilizing a pawn store.

12. Jewellery Shops

One other choice to promote your jewellery is at your native jewellery retailer. Cease in together with your merchandise and see how a lot they’ll give you for it. 

You is likely to be pleasantly stunned at what your merchandise may fetch. It is likely to be a bit uneasy in case you don’t have already got a relationship together with your native jeweler.

Nevertheless, there are additionally some massive title jewellery shops that provide buyback applications which is likely to be price a glance. 

Jareds, Zales and Kays all have gold change applications, the place you may ship them your jewellery totally free and they’re going to difficulty you cost as soon as they decide the worth of your objects. 

In addition they assure 100% of the trade-in worth of your pure diamond jewellery bought from them as a credit score in the direction of your subsequent buy. 

Examine with every web site for the specifics of their change program. 

13. Vintage Shops

Vintage shops have a tendency to supply all kinds of classic objects all through their retailer. You may be capable of discover retro objects, vintage artwork, furnishings or collectibles. 

And naturally, vintage shops often carry jewellery. 

Affirm together with your native antiques seller, as a result of most of them will seemingly can help you promote your jewellery. 

Both they’ll pay you money for the merchandise, or they’ll show the merchandise for you and give you a share of the proceeds. 

14. Consignment Shops

When attempting to promote jewellery, you might not usually consider a consignment retailer as an possibility. Nevertheless, they’re an incredible, stress-free choice to promote your valuables. 

It’s because a consignment retailer received’t pay you instantly for the merchandise. They are going to can help you use their showroom, but when the merchandise doesn’t promote, you’ll not receives a commission. 

In fact, a consignment retailer doesn’t have the identical cache as a jewellery retailer or different high-end seller. 

Their consign charges is usually a bit steep (typically round 50%). However if you’re advantageous with ready, it might undoubtedly be an possibility so that you can discover. 

15. Cashing Diamonds

Cashing Diamonds is “one of many premier diamonds and gold shopping for and promoting venues on the earth.”  Cashing Diamonds has places in South Florida, New York, Los Angeles and Hong Kong. 

Every sale you may make by means of them is absolutely insured as much as $100,000 and the funds from the sale are made accessible to you instantly through safe channels. 

They purchase diamonds, gold, silver, watches and jewellery. Cashing Diamonds strives to be a good purchaser by emphasizing “vendor schooling.” 

Within the different phrases, they aren’t trying to ensure they provide the least expensive value. They need to be sure you perceive the value of your valuables and are available to an inexpensive determine as a way to purchase it from you.

Different Choices to Promote Jewellery On-line

Be aware that whereas there are different common websites that you may promote jewellery on-line, we tried to stay with websites that had the best rankings 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 related websites. Pay attention to what these fee quantities are while you go to set a value on your jewellery piece.

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

Nevertheless, 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 instances. Effectively, they received’t essentially purchase your jewellery. As a substitute, you may ship your jewellery objects to Christie’s for a spot of their on-line auctions.

Be aware 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 larger worth objects.

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 greatest served by promoting by public sale, personal sale, or on-line sale.

You ship your piece in and also you pay for delivery and insurance coverage. It is likely to 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 share fee and what bills they’ll take.

Sotheby’s

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

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

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

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

And as with Christie’s, promoting by means of Sotheby’s will seemingly take longer than it’s going to in case you bought by means of Worthy or one other firm that makes a speciality of shopping for on-line.

Nevertheless, you might get more cash relying on the method and the gross sales value too.

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

FAQs

I can perceive how the considered promoting jewellery on-line might sound a bit scary. In spite of everything, you’re placing one thing probably price 1000’s of {dollars} into the palms of a delivery firm.

Then you definately’re hoping it reaches its locations safely. There may be a number of unknowns in relation to shopping for and promoting on-line. Listed below are a couple of FAQs about the best way to promote jewellery on-line.

Abstract

It’s attainable to promote your jewellery on-line and get money for it. As a substitute of getting it lay round taking over area, why not earn some cash and promote your jewellery simply and rapidly by utilizing one of many on-line websites above?

Then take the money you’ve earned and use it for one thing that’s necessary 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.