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

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Are you searching for the perfect locations to promote jewellery on-line? Look no additional.

Do you might have 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 simply now not need.

Regardless of the case, we are able to present you flip your undesirable high-quality jewellery into cash within the financial institution. 

The place to Promote Jewellery On-line

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

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

Whenever you promote with the perfect on-line websites, you robotically broaden your viewers to consumers around the globe.

Increasing your potential purchaser listing means you might have a greater likelihood of promoting your jewellery at a worth that pleases you. Contemplate these on-line jewellery websites as you put together to promote your undesirable high-quality jewellery.

1. Worthy

Worthy is a web based jewellery public sale web site that exists to deliver high-quality 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 payment primarily based on the promoting worth of your merchandise.

Here’s what their charges seem like:

Jewellery 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 simply get skilled help all through the transaction. From inspection to sale, high-quality 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 worth 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

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 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. 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 type on the positioning’s dwelling web page and requesting whether or not you wish to ship through FedEx or USPS.

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

After you get your free transport bundle, you may ship in your insured, trackable bundle of gold. When Money For Gold USA receives your parcel, they’ll have considered one of 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 verify for his or her purchase supply quantity.

They will pay through PayPal if you happen to select, too.

When you’re pleased with the quantity you’ve acquired, simply hold your money. When 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 objectives in thoughts: comfort, safety and buyer satisfaction. They purchase the next jewellery objects:

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

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

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

The Diamond Valet’s authenticity specialists don’t take away your diamond(s) from the setting to present you a proposal worth. They hold the piece intact. When you resolve you don’t wish to settle for their supply, they’ll ship your diamond piece again to you.

When you resolve you do wish to settle for their supply, The Diamond Valet will ship you a cashier’s verify or firm verify. They’ll ship the verify 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 if you happen to resolve to not promote. Notice 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 is to assist jewellery sellers obtain the strongest attainable pricing for his or her diamonds and jewellery.

You’ll seemingly earn extra money if you happen to 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.

Notice 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.

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.

I Do Now I Don’t fee scale:

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

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 verify 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 objects, together with high-quality jewellery. Right here’s how promoting your jewellery on-line would work with TheRealReal.

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

  1. Delivery your piece straight utilizing a free, printable transport 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 worth. When 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 verify. The RealReal provides you a big fee on any merchandise they promote for you.

Listed here 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 worth of $1,000 or extra 

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

Notice 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, if you happen to set an agreed-upon worth and your merchandise doesn’t promote 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.

Reducing 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 helps you maximize the worth of your diamond once you’re able to promote. Notice that they solely purchase diamond jewellery.

There’s no particular fee construction with Circa. As a substitute, they merely make you a proposal worth which you’ll be able to settle for or reject. Circa pays you through financial institution wire into your checking account or by mailing a verify.

For worldwide prospects, they pay through wire switch.

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

Notice: Circa’s supply worth consists of the valuable steel that your diamond is ready in. When you’d somewhat 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 high-quality jewellery items shortly and safely.

At WP Diamonds you may promote free diamonds, diamond jewellery, high-quality watches or every other designer or property jewellery piece.

Whenever 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 straight.

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

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

Notice that WP Diamonds has inside valuation specialists as a substitute of third social gathering 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 have been based in 2001 and specialise in promoting distinctive luxurious objects, together with high-quality jewellery. 

In an effort to promote your jewellery on 1stdibs, you need to begin by finishing a vendor utility. The corporate has excessive requirements for sellers, which suggests they entice high quality consumers as effectively.

When you’re accepted as a vendor, you may listing your jewellery items and work to promote them. I seemed to seek 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 inform you that whereas they appear to specialise in higher-end items, there have been dozens of items on the market beneath $1,000. And though I can’t offer you particulars concerning charges and commissions, I can inform you that the 1stdibs Trustpilot ranking is kind of excessive, which is why we embody them right here.  

9. Ruby Lane

Ruby Lane is a web based market that focuses on promoting a small group of things. The corporate is form 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.

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

  • Lower than 20 years previous
  • 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, images, and phrases, together with the transport prices. 

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

Notice 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, if you happen to’re solely trying to promote one merchandise for $250, Ruby Lane wouldn’t be value 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 measurement free 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’ll 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 verify on your jewellery items. You’ll be able to request cost through PayPal as effectively.

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

Native Methods to Promote Jewellery 

Listed here are a couple of methods you may promote your jewellery regionally if you happen to choose to go that route.

11. Pawn Outlets

When you’re trying to promote jewellery regionally and shortly, a pawn store might be the very first thing that’ll come to thoughts. 

Pawn outlets don’t usually 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 usually notice is that once you “pawn” your jewellery merchandise, you aren’t essentially promoting it. 

You might be primarily 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 choose to simply make some fast money out of your valuables. 

Consider, you might be most likely solely going to get about 25-60% of the worth of your merchandise through the use of 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’ll give you for it. 

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

Nonetheless, there are additionally some huge title jewellery shops that provide buyback packages which may be value a glance. 

Jareds, Zales and Kays all have gold trade packages, the place you may ship them your jewellery free of charge and they’re going to problem you cost as soon as they decide the worth of your objects. 

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. 

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

13. Vintage Shops

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

And naturally, vintage shops often carry jewellery. 

Verify along with your native antiques vendor, as a result of most of them will seemingly let 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 could not usually consider a consignment retailer as an choice. Nonetheless, they’re a terrific, stress-free choice to promote your valuables. 

It is because a consignment retailer received’t pay you straight for the merchandise. They are going to let 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 vendor. 

Their consign charges generally is a bit steep (typically round 50%). However in case you are high-quality with ready, it may undoubtedly 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.”  It has places in South Florida, New York, Los Angeles and Hong Kong. 

Every sale you may make via 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 wanting to ensure they provide the most cost-effective worth. They wish to be sure you perceive the value of your valuables and are available to an affordable determine in an effort to purchase it from you.

Different Choices to Promote Jewellery On-line

Notice that whereas there are different well-liked websites you could promote jewellery on-line, we tried to stay with websites that had the very best rankings for customer support.

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

Simply word that you simply’ll pay commissions once you promote on eBay and related websites. Pay attention to what these fee quantities are once you go to set a worth on your jewellery piece.

And pay attention to what your piece is absolutely value. When 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 which 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.

Notice that public sale homes like Christie’s are rather more specific about which jewellery items they’ll take. They’ve a minimal estimated worth and solely promote greater worth objects.

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

The jewellery specialists 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 may be a month or two earlier than your merchandise goes up for public sale or is positioned in a personal 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 permits you to promote jewellery on-line too. As with Christie’s, Sotheby’s solely takes greater high quality items of bijou.

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

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

Notice that you simply do must pay on your itemizing and your estimate with Sotheby’s. When you each comply with promote with the corporate, they’ll take a roughly 25% fee as effectively.

And as with Christie’s, promoting via Sotheby’s will seemingly take longer than it’s going to if you happen to bought via 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 discuss some vital often requested questions that come up because it pertains to promoting jewellery on-line.

Regularly Requested Questions

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

Then you definately’re hoping it reaches its locations safely. There may be loads of unknowns on the subject of shopping for and promoting on-line. Listed here are a couple of FAQs about 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 on house, why not earn some cash and promote your jewellery simply and shortly 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 vital to you. Go on that trip. Put it in your home buy fund. Repay your debt.

Donate the cash to assist somebody much less lucky for you. There are all kinds 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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