Home Make Money 15 Finest Locations to Promote Jewellery On-line And Native For Money In 2023

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

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

Are you searching for the most effective locations to sell jewellery on-line? Look no additional.

Do you could have jewellery sitting round the home and never being worn? Why maintain having it take up area when you possibly can flip it into money? There are a number of respected locations to sell jewellery on-line at a good value.

Possibly it’s an outdated engagement ring/wedding ceremony set, diamond bracelet or earrings, or an outdated heirloom piece that you just now not need.

Regardless of the case, we will present you how one can flip your undesirable positive jewellery into cash within the financial institution. 

The place to Promote Jewellery On-line

Promoting jewellery could be a daunting activity. How a lot is a chunk price? Is the client sincere and reliable, or are they merely out to tear you off?

You may sell your jewellery items to an area pawn store or gold purchaser, however doing so limits your viewers and your potential revenue.

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

Increasing your potential purchaser checklist means you could have a greater likelihood of promoting your jewellery at a value that pleases you. Contemplate these on-line jewellery websites as you put together to sell your undesirable positive jewellery.

1. Worthy

Worthy homepage

Worthy is an internet jewellery public sale web site that exists to deliver positive 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 costs a fee charge primarily based on the promoting value of your merchandise.

Here’s what their charges appear like:

Jewellery Worth Payment
$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 throughout the transaction. From inspection to sale, positive 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 individuals.

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

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

2. Money For Gold USA

cash for gold usa - sell your gold, silver and diamonds

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

You may sell them:

  • Intact jewellery reminiscent of bracelets, earrings, rings, and so on.
  • Gold nuggets
  • Gold dental crowns
  • Scrap gold
  • Damaged jewellery

The corporate additionally accepts any karat gold between 8K and 24K. Because the 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 type on the location’s residence web page and requesting whether or not you wish to ship by way of 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 possibly can ship in your insured, trackable package deal of gold. When Money For Gold USA receives your parcel, they’ll have one in every 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 provide quantity.

They will pay by way of PayPal if you happen to select, too.

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

3. The Diamond Valet

the diamond valet - we make it easy to sell your diamonds

The Diamond Valet operates with three objectives 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 firms, The Diamond Valet offers you an internet value vary to your diamond if 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 remaining provide value.

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

Should you resolve you do wish to settle for their provide, The Diamond Valet will ship you a cashier’s examine or firm examine. They’ll ship the examine 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 if you happen to resolve to not sell. Notice which you can additionally sell pre-owned watches to them.

4. I Do Now I Don’t

i do now i dont homepage

The I Do Now I Don’t website says it’s the most important jewellery purchaser from the general public. Their aim, in line with the location, is to assist jewellery sellers obtain the strongest potential pricing for his or her diamonds and jewellery. 

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

  1. You may checklist your merchandise on the market on their web site
  2. You may take the corporate’s Direct Provide, the place they purchase your piece straight

You’ll doubtless earn extra money if you happen to select to checklist your merchandise on the market on the location, however the draw back is that it’s going to in all probability take longer to get that cash.

Notice that it’s free to checklist your piece on the location. The itemizing will expire after 30 days in case your jewellery merchandise hasn’t bought, but it surely’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 provide 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 price primarily based on the I Do Now I Don’t fee scale:

Jewellery Worth Payment
$500 to $5,000 20%
$5,001 to $10,000 18%
$10,001 to $50,000 15%
$50,000 10%

(Notice that you’ll pay a 25% fee if you happen to select to make use of the corporate’s VIP Service. The VIP Service offers pre-authentication and valuation, cleansing and images to your jewellery piece.)

If there are any points with authentication, the client could 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 examine by way of USPS.

5. The RealReal

The RealReal homepage

The RealReal is an internet luxurious consignment retailer that helps purchasers purchase and sell a wide range of luxurious objects, together with positive 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. Delivery your piece straight utilizing a free, printable delivery label
  2. Having your merchandise picked up from a location of your selection (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 acquired your jewellery, they’ll authenticate it and inform you of their steered checklist value. Should you agree, they’ll checklist your merchandise on the market.

After your jewellery piece sells, you possibly can select to get paid by Direct Deposit or by examine. The RealReal offers you a big fee on any merchandise they sell for you.

Listed below are the fee charges you’ll pay:

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

There are different fee ranges, too, primarily based on the value of explicit objects. You could find extra particulars on fee ranges on The RealReal’s website.

Notice 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, if you happen to set an agreed-upon value and your merchandise doesn’t sell quickly sufficient, The RealReal has the authority to scale 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 vital to be sure you get your required phrases in writing earlier than promoting with The RealReal.

6. Circa (previously Mondiamo)

Circa - when you are ready to sell your jewelry, diamonds or watches

Circa helps you maximize the value of your diamond if you’re able to sell. Notice that they solely purchase diamond jewellery.

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

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

Another choice you could have is to get a present card to Circa or to Blue Nile (a accomplice firm of Circa) as a substitute of money. Whenever you select this selection, you possibly can rise up to 110% or 120% of your quote value.

Notice: Circa’s provide value contains the valuable steel that your diamond is ready in. Should you’d quite not sell 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 sell diamonds and different positive jewellery items rapidly and safely.

At WP Diamonds you possibly can sell unfastened diamonds, diamond jewellery, positive watches or another designer or property jewellery piece.

Whenever you sell to WP Diamonds, you don’t have to attend for somebody to purchase your piece. As an alternative, WP Diamonds buys your jewellery straight.

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

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

Notice that WP Diamonds has inner valuation specialists as a substitute of third occasion 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 lovely issues. They had been based in 2001 and focus on promoting distinctive luxurious objects, together with positive jewellery. 

With a purpose to sell your jewellery on 1stdibs, you must begin by finishing a vendor software. The corporate has high requirements for sellers, which implies they entice high quality consumers as properly.

When you’re accepted as a vendor, you possibly can checklist your jewellery items and work to sell 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 let you know that whereas they appear to focus on higher-end items, there have been dozens of items on the market underneath $1,000. And though I can’t offer you particulars concerning charges and commissions, I can let you know that the 1stdibs Trustpilot score is kind of high, which is why we embody them right here.  

9. Ruby Lane

Ruby Lane is an internet market that focuses on promoting a small group of things. The corporate is kind of a cross between Etsy and Amazon. Ruby Lane has members sell objects like Etsy does, the place members open shops. 

You may sell antiques, porcelain, dolls, furnishings–and jewellery. As with the opposite firms listed right here, you possibly can solely sell high-quality jewellery on Ruby Lane.

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

  • Lower than 20 years outdated
  • Product of treasured metals or stones
  • Worth $250 or extra
  • Marked with the stamp of a designer or luxurious model (or a non-mass produced unmarked merchandise)

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

When you checklist your merchandise on the market, it’s as much as you to speak with the client for fee, cargo, and so on. You may select which strategies of fee to supply, however the firm encourages using PayPal.

Notice that, like Etsy, Ruby Lane requires you to open an internet “store” to sell there. Whereas their itemizing charges are inexpensive at solely 19 cents per merchandise (for underneath 80 items), they do produce other prices.

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

So, if you happen to’re solely seeking to sell 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

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 method Money For Gold USA works. After all, the one distinction is that they settle for diamonds as a substitute of gold. 

You may ship in any measurement unfastened diamonds or diamonds set in a hoop or different jewellery piece.

In case your diamonds are within the inside a setting, reminiscent of a hoop, they may consider the valuable 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 to your jewellery items. You may request fee by way of PayPal as properly.

Should you aren’t proud of the quantity they’ve provided, you possibly can 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 possibly can sell your jewellery regionally if you happen to desire to go that route.

11. Pawn Outlets

Should you’re seeking to sell jewellery regionally and rapidly, a pawn store might be the very first thing that’ll come to thoughts. 

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

And what most individuals don’t usually understand is that if 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 if you happen to desire to only make some fast money out of your valuables. 

Take into account, you might be in all probability solely going to get about 25-60% of the value of your merchandise by utilizing a pawn store.

12. Jewellery Shops

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

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

Nonetheless, there are additionally some large title jewellery shops that supply buyback packages which could be price a glance. 

Jareds, Zales and Kays all have gold change packages, the place you possibly can ship them your jewellery totally free and they’ll challenge you fee as soon as they decide the value of your objects. 

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

Verify 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 normally carry jewellery. 

Affirm together with your native antiques supplier, as a result of most of them will doubtless help you sell your jewellery. 

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

14. Consignment Shops

When attempting to sell jewellery, you could not usually consider a consignment retailer as an possibility. Nonetheless, they’re an excellent, stress-free choice to sell your valuables. 

It is because a consignment retailer gained’t pay you straight for the merchandise. They may help you use their showroom, but when the merchandise doesn’t sell, you’ll not get paid. 

After all, a consignment retailer doesn’t have the identical cache as a jewellery retailer or different high-end supplier. 

Their consign charges could be a bit steep (generally round 50%). However if you’re positive 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 way of them is totally insured as much as $100,000 and the funds from the sale are made obtainable to you instantly by way of safe channels. 

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

Within the different phrases, they aren’t wanting to ensure they provide the least expensive value. They wish to be sure you perceive the value of your valuables and are available to an affordable determine with the intention to purchase it from you.

Different Choices to Promote Jewellery On-line

Notice that whereas there are different widespread websites which you can sell jewellery on-line, we tried to stay with websites that had the best scores for customer support.

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

Simply notice that you just’ll pay commissions if you sell on eBay and related websites. Pay attention to what these fee quantities are if you go to set a value to your jewellery piece.

And pay attention to what your piece is basically price. Should you don’t just like the considered going it alone as you sell jewellery items on a web site like eBay, you possibly can 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 possibly can ship your jewellery objects to Christie’s for a spot of their on-line auctions.

Notice that public sale homes like Christie’s are far more explicit about which jewellery items they’ll take. They’ve a minimal estimated value and solely sell higher value objects.

Additionally, the timeline and strategy of promoting jewellery with Christie’s is way 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 could 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 lower to cowl fee and bills. The website doesn’t specify what share fee and what bills they’ll take.

Sotheby’s

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

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 suppose it’s best to value your piece at, after which checklist the piece of their on-line retailer.

Notice that you just do have to pay to your itemizing and your estimate with Sotheby’s. Should you each conform to sell 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 if you happen to 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 value too.

Subsequent, let’s speak about some vital steadily 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 bit scary. In spite of everything, you’re placing one thing doubtlessly price 1000’s of {dollars} into the arms of a delivery firm.

Then you definately’re hoping it reaches its locations safely. There could be quite a lot of unknowns on the subject of shopping for and promoting on-line. Listed below are a couple of FAQs about how one can sell jewellery on-line.

Is it secure to sell jewellery on-line?

Sure, it’s secure to sell jewellery on-line–if you happen to’re coping with a good firm like those talked about right here.

When researching firms that provide help to sell jewellery it’s vital to examine sources like Trustpilot and the Higher Business Bureau.

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

Is it price it to sell jewellery on-line?

Anytime you’re promoting jewellery to a jeweler, whether or not it’s on-line or in individual, you’re going to obtain lower than the piece is price. In spite of everything, the aim of jewellery firms is to purchase at a value that permits them to sell at a revenue.

Your job is to think about two issues as you look to sell your jewellery. This stuff maintain true whether or not you’re promoting on-line or in individual.

1. Have you ever shopped round to get the most effective quote or provide?

2. Is it price holding on to the piece when you could possibly be getting cash to make use of for extra vital issues?

Your reply to these two questions will provide help to resolve whether or not it’s price it so that you can sell your jewellery or not.

As an illustration, is it price it so that you can sell your jewellery items so you will 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. Should you take some time to consider it, you’ll know what the proper reply is.

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

You could be questioning whether or not it’s best to sell 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 is dependent upon a few issues.

First, it rely on the piece. Public sale homes sometimes solely take higher value items.

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

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

On prime of that, you’re a for much longer wait time to your money if you sell at an public sale home.

And don’t neglect that public sale homes sometimes don’t provide freebies like free delivery and free estimates. As an alternative, you’ll be paying for all of those companies, and paying a fee if you sell.

Contemplate 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 price?

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, except you possibly can rake in some large bucks by promoting at an public sale or promoting on to a purchaser on a web site like eBay.

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

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

Abstract

It’s potential to sell your jewellery on-line and get money for it. As an alternative of getting it lay round taking over area, why not earn some cash and sell 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 vital 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 kinds of higher choices to your cash than to have it within the type of jewellery items you by no means put on.

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