Maximize Profits: The Guide to Selling Used Jewelry

Do you have unused jewelry hidden in your drawers and gathering dust? Get rid of them and be surprised at how much money you can get.  Sell your jewelry and turn your clutter into cash!

The diamond engagement ring from a marriage that ended or a diamond stud earring you used to wear all sit in your jewelry box unused. Selling used jewelry could be your next step.

Turning clutter into cash can be a challenging but profitable venture. Whether you want to de-clutter your collection, buy new pieces, or make some money, for other purposes here is the ultimate guide to help you navigate the selling process.

Organize and Evaluate Your Jewelry

Begin by organizing your jewelry based on the material it is made (e.g., gold, silver, platinum, and costume jewelry). 

Divide your collection into many categories: “new” or “lightly worn,” or “never wearing it again “   You can also categorize your jewelry based on how often or last you have worn it. This process helps you prioritize which of your pre-owned jewelry you want to sell. 

Make a list of the jewelry you want to sell. Write a description of each piece. Examine each piece for any signs of wear, scratches, or tarnish. Check the clasp, hinges, and other functional elements.  Include your observations in the description.  

Research Your Jewelry

It is crucial to know your piece when selling used jewelry. Know the brand, material, and unique features of your jewelry. Note any designer or branded pieces, as these can significantly impact the perceived value of your jewelry. 

Look into the distinctive designs, engravings, or features of your piece. This uniqueness can add value in the eyes of potential buyers. Research if your pieces have historical or cultural significance. This can make them more appealing to collectors. 

If you decide to sell it yourself on many of the marketplaces, you may take these steps… 

It would also be smart to check the marker price of your item. Explore popular online platforms like Etsy, eBay, and specialized jewelry marketplaces to see how similar items are priced. Pay attention to the condition of the items being sold compared to yours.

Understand the Worth of Your Jewelry

Various factors affect the resale value of your pre-owned jewelry. 

• Materials

Is your jewelry made of gold, silver, or platinum? The purity of these metals significantly affects the value of your jewelry. 

Gemstone Grading

Research your gemstones' type, size, quality, and rarity. Does your jewelry have diamonds, emeralds, rubies, or sapphires? 

If your jewelry has diamonds, the higher the grades of the 4Cs (carat (weight), clarity, color, and cut (shape and cut quality) increase the value. 

• Craftsmanship

Handcrafted or custom-designed pieces and intricate and unique designs are more valuable than mass-produced ones. 

• Brand

Does your jewelry come from a well-known and respected brand? Luxury brands such as Chanel, Cartier, Van Cleef & Arpels, and Tiffany & Co. tend to command higher resale prices than unsigned pieces with the same qualities. The desirability of certain luxury brands’ collections also affects their resale value, 

• Condition

Does your jewelry have any visible signs of wear and tear? Pieces in excellent condition typically have a higher value than those with significant wear, damage, or missing components. 

• Box and Papers

Luxury designer jewelry that comes with its original box and papers (purchase receipt, certificate of authenticity, and service records) fetches a much higher price. 

• Market Trends

Does your jewelry have a high demand in the secondary market? The overall demand or desirability of certain types and styles of jewelry in the market influences the value.

Choosing the Right Selling Platform

Where you sell your jewelry can affect the final price you receive. Several options are available.

You can do personal selling to friends, family, and their network. You will get a high selling price, but it will take time and effort. Selling your jewelry to pawn shops will give you instant cash. But it may be harder to receive the true value of your piece because they are not knowledgeable in assessing the worth of jewelry. 

Online marketplaces like Etsy, eBay, and Facebook Marketplace have a wide reach. However, you must list your item, respond to potential buyers, ship the item, and collect payment. It will take a lot of your time and effort. 

Many will agree that selling used jewelry to a specialized buyer will always get you a very good  price for your piece and it can save you a lot of time and effort. A specialized jewelry buyer has a thorough knowledge of fine luxury jewelry and can offer a fair and competitive price that reflects the true value of your piece. 

If you are searching for the best specialized jewelry buyer to sell pre-owned jewelry, Sell Us Your Jewelry has all it takes to offer you the most money for your item. 

• Reliable

Sell Us Your Jewelry.com is the buying platform of Gray & Sons Jewelers. We have been buying and selling pre-owned luxury jewelry, luxury watches, diamonds, and sterling silver flatware pieces since 1980 with thousands of satisfied customers. 

• Expertise

We have a team of expert jewelry appraisers, master watchmakers, and sales specialists with a combined experience of 150 years, ensuring you get the most value for your jewelry. 

• Trustworthy

We have a safe and secure selling process. Once your jewelry is in our possession it is safe with us because we are bonded and insured. We are also a proud member of the International Watch & Jewelry Guild. 

• Transparent

We have a transparent selling process. We can provide an analysis of your jewelry and explain every factor we considered when determining our buying offer. 

• Solid Reputation

We have been in business for over 40 years. We provide a good selling experience and an A+ rating from the Better Business Bureau for superior customer satisfaction. 

• Quick and Easy Selling Process

We have a quick and easy 4-step selling process. 

1. Request for a free quote to get an initial offer. 
2. Send us your jewelry via registered mail using our Easy Ship Box. 
3. We will thoroughly evaluate your jewelry and give you our final offer. 
4. We will send you payment via check or wire transfer.

Luxury Jewelry We Buy

We specialize in buying and selling all types of fine jewelry, including necklaces, bracelets, earrings, and diamond engagement rings from any luxury jewelry brand.

Don’t be tricked into selling used jewelry to the first buyer that comes your way and for substantially less money. Get a free quote and transform your clutter into top dollars only at Sell Us Your Jewelry.com.

Meet Claudine Faifer: Estate Jewelry & Sterling Silver Specialist

Meet Claudine Faifer an estate jewelry, watch and sterling silver specialist with a professional career spanning over 50 years, including an impressive 30 years career at Gray and Sons Jewelers, the premier destination for selling, buying, repairing and consigning luxury watches and estate jewelry… Read more of Claudine's Journey into Estate Jewelry Excellence