15 Best Places to Sell Jewelry Online And Local For Cash In 2023

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

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

Once you promote with the most effective on-line websites, you robotically broaden your viewers to consumers around the globe.

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

1. Worthy

Worthy is a web based jewellery public sale website that exists to deliver nice 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 expenses a fee charge primarily based on the promoting value of your merchandise.

Here’s what their charges appear to be:

The good factor about utilizing an public sale website like Worthy is that you simply get skilled help during the transaction. From inspection to sale, nice 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.

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

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

2. Money For Gold USA

When you’ve got gold jewellery to promote, you may promote it to Money For Gold USA. This firm will take nearly any sort of gold. 

You possibly can promote them:

• Intact jewellery comparable to bracelets, earrings, rings, and so forth.
• 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 need to ship through FedEx or USPS.

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

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

The appraisal usually 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’ll pay through PayPal when you select, too.

In case you’re pleased with the quantity you’ve acquired, simply preserve your money. In case you don’t like their provide, you may return the cash, they usually’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 gadgets:

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

Like another firms, The Diamond Valet offers you a web based value vary in 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 preserve the piece intact. In case you determine you don’t need to settle for their provide, they’ll ship your diamond piece again to you.

In case you determine you do need to settle for their provide, 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 transport labels and directions and return your merchandise freed from cost when you determine to not promote. Observe you could 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 keeping with the location, is to assist jewellery sellers obtain the strongest doable pricing for his or her diamonds and jewellery. 

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

1. You possibly can checklist your merchandise on the market on their website
2. You possibly can take the corporate’s Direct Supply, the place they purchase your piece immediately

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

Observe 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 offered, but it surely’s free to relist it once more.

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 you have 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 fee primarily based on the I Do Now I Don’t fee scale:

(Observe that you’ll pay a 25% fee when you select to make use of the corporate’s VIP Service. The VIP Service supplies pre-authentication and valuation, cleansing and pictures in 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 through USPS.

5. The RealReal

The RealReal is a web based luxurious consignment retailer that helps shoppers purchase and promote quite a lot of luxurious gadgets, together with nice 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 immediately utilizing a free, printable transport 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 instructed checklist value. In case you agree, they’ll checklist 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 offers you a big fee on any merchandise they promote for you.

Listed here 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 checklist value of $1,000 or extra 

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

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

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

Decreasing the worth would have an effect on your backside line, so it’s essential to be sure to 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 if you’re able to promote. Observe 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 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.

Another choice you will have is to get a present card to Circa or to Blue Nile (a companion firm of Circa) as a substitute of money. Once you select this feature, you may rise up to 110% or 120% of your quote value.

Observe: Circa’s provide value contains the valuable steel that your diamond is about in. In case you’d relatively 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 folks to purchase and promote diamonds and different nice jewellery items rapidly and safely.

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

Once 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.

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

In case you go on to a WP Diamonds location to promote your jewellery, you could possibly stroll out the door with a examine the exact same day.

Observe 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 lovely issues. They had been based in 2001 and concentrate on promoting distinctive luxurious gadgets, together with nice jewellery. 

With a purpose to promote your jewellery on 1stdibs, it’s important to begin by finishing a vendor software. 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 checklist 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 data 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 concentrate on higher-end items, there have been dozens of items on the market below $1,000. And though I can’t offer you particulars concerning charges and commissions, I can let you know that the 1stdibs Trustpilot ranking is sort of excessive, which is why we embrace 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 form of a cross between Etsy and Amazon. Ruby Lane has members promote gadgets like Etsy does, the place members open shops. 

You possibly can promote antiques, porcelain, dolls, furnishings–and jewellery. As with the opposite firms 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 previous
• Fabricated from valuable metals or stones
• Value $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, pictures, and phrases, together with the transport 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 forth. You possibly can select which strategies of fee to supply, however the firm encourages the usage of PayPal.

Observe 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 in your retailer (this charge contains ten free itemizing charges) and a month-to-month upkeep charge of $69.

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

10. Money For Diamonds USA

Money For Diamonds USA is a sister website to Money For Gold USA. This website works the identical approach Money For Gold USA works. After all, the one distinction is that they settle for diamonds as a substitute of gold. 

You possibly can ship in any dimension unfastened diamonds or diamonds set in a hoop or different jewellery piece.

In case your diamonds are within the inside a setting, comparable to a hoop, they are going to 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 in your jewellery items. You possibly can request fee through PayPal as properly.

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

Native Methods to Promote Jewellery 

Listed here are just a few methods you may promote your jewellery domestically when you want to go that route.

11. Pawn Retailers

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

Pawn outlets don’t usually provide the most bang in 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 might be basically taking out a mortgage and utilizing your jewellery as collateral. When you repay again the price of the “mortgage,” you’ll get your merchandise again. 

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

Be mindful, you might be in all probability 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 along with your merchandise and see how a lot they are going to give you for it. 

You is perhaps pleasantly shocked at what your merchandise would possibly fetch. It is perhaps just a little uneasy when you don’t have already got a relationship along with your native jeweler.

Nonetheless, there are additionally some huge identify jewellery shops that provide buyback packages which is perhaps price a glance. 

Jareds, Zales and Kays all have gold trade packages, the place you may ship them your jewellery without spending a dime and they’re going to situation you fee as soon as they decide the worth of your gadgets. 

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

Test with every website for the specifics of their trade program. 

13. Vintage Shops

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

And naturally, vintage shops often carry jewellery. 

Verify along with your native antiques seller, as a result of most of them will possible let you promote your jewellery. 

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

14. Consignment Shops

When making an attempt to promote jewellery, it’s possible you’ll not usually consider a consignment retailer as an choice. Nonetheless, they’re a terrific, stress-free choice to promote your valuables. 

It’s because a consignment retailer received’t pay you immediately for the merchandise. They’ll let you use their showroom, but when the merchandise doesn’t promote, you’ll not receives a commission. 

After all, 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 in case you are nice with ready, it may positively be an choice so that you can discover. 

15. Cashing Diamonds

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

Every sale you would possibly make by means of them is absolutely insured as much as $100,000 and the funds from the sale are made obtainable 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 training.” 

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

Different Choices to Promote Jewellery On-line

Observe that whereas there are different well-liked websites you could 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 notice that you simply’ll pay commissions if you promote on eBay and comparable websites. Pay attention to what these fee quantities are if you go to set a value in your jewellery piece.

And pay attention to what your piece is de facto price. In case you don’t just like the considered going it alone as you promote jewellery items on a website 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 talked-about 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. Nicely, they received’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.

Observe 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 gadgets.

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

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

You ship your piece in and also you pay for transport and insurance coverage. It is perhaps 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 minimize 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 helps you to promote jewellery on-line too. As with Christie’s, Sotheby’s solely takes larger high quality items of bijou.

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

They’ll share what they suppose you must value your piece at, after which checklist the piece of their on-line retailer.

Observe that you simply do must pay in 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 means of Sotheby’s will possible take longer than it would when you offered by means of Worthy or one other firm that makes a speciality of shopping for on-line.

Nonetheless, it’s possible you’ll get extra money relying on the method and the gross sales value too.

Subsequent, let’s discuss 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 just a little scary. In any case, you’re placing one thing doubtlessly price 1000’s of {dollars} into the arms of a transport firm.

Then you definately’re hoping it reaches its locations safely. There will be quite a lot of unknowns in terms of shopping for and promoting on-line. Listed here are just a few FAQs about the best way to promote jewellery on-line.

Abstract

It’s doable to promote 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 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 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 kinds of higher choices in your cash than to have it within the type of jewellery items you by no means put on.