Do you will have wonderful jewellery sitting round the home and never being worn? Why preserve having it take up area when you may flip it into money? There are a number of respected locations to promote jewellery on-line at a good worth.
Perhaps it’s an outdated engagement ring/marriage ceremony set, diamond bracelet or earrings, or an outdated heirloom piece that you simply not need. Regardless of the case, we will present you ways to flip your undesirable wonderful jewellery into cash in the financial institution.
How to Sell Jewelry Online
Promoting wonderful jewellery generally is a daunting activity. How a lot is a chunk price? Is the client trustworthy and reliable, or are they merely out to rip you off?
You possibly can promote your wonderful jewellery items to a neighborhood pawn store or gold purchaser, however doing so limits your viewers and your potential revenue. If you promote with one of the best on-line websites, you robotically broaden your viewers to patrons around the globe.
Increasing your potential purchaser checklist means you will have a greater probability of promoting your jewellery at a worth that pleases you. Think about these on-line jewellery websites as you put together to promote your undesirable wonderful jewellery.
Worthy is a web based jewellery public sale web site that exists to deliver wonderful jewellery sellers and patrons collectively in a luxurious public sale market. And to accomplish that with transparency and integrity.
Meaning you’ll all the time know precisely what the promoting course of is with Worthy. Right here’s the way it works.
- You contact Worthy and provides them an outline of your jewellery piece(s). This helps them decide one of the best route for the sale.
- Worthy mails you a free delivery label and packing directions in your piece. Then they ship FedEx to decide your wonderful jewellery piece up from a location of your selection. Your cargo is insured by Lloyd’s of London for up to $100,000, so it’s all the time in secure fingers.
- Your jewellery arrives at Worthy and is checked in and screened with Worthy’s safe system (fixed digicam monitoring) by their devoted crew.
- Your jewellery is professionally cleaned and photographed.
- Third-party licensed skilled gemologists examine and authenticate your wonderful jewellery merchandise(s).
- Worthy creates an public sale itemizing in your piece that features the third-party grading report, skilled pictures and a fantastic description.
- Worthy will aid you get an concept of what related gadgets have bought for in the previous so to set a minimal “reserve worth” in your jewellery piece.
- When the public sale ends, Worthy sells your piece to the best bidder that meets or exceeds your reserve worth. If the best supply is decrease than your reserve worth, you will have the choice to have your jewellery returned to you. Worthy will return unsold gadgets freed from cost and insured.
Worthy doesn’t cost you something till your merchandise sells. As soon as your merchandise sells, the corporate costs a fee price based mostly on the promoting worth of your merchandise. For instance:
- $5,000 or much less: 18% price
- $5,001 to $15,000: 14%price
- $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 over the transaction. From inspection to sale, wonderful 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 improper individuals. Observe: Worthy solely accepts jewellery items which have a minimal sale worth of $1500 or extra. For lesser worth gadgets, you’ll have to select one of many different choices out there.
Trustpilot rating: 4.Three out of 5 stars
2. The Diamond Valet
The Diamond Valet operates with three objectives 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 provides you a web based worth vary in your diamond whenever 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 ultimate supply worth.
The Diamond Valet’s authenticity consultants don’t take away your diamond(s) from the setting to offer you a suggestion worth. They preserve the piece intact. When you resolve you don’t need to settle for their supply, they’ll ship your diamond piece again to you.
When you resolve you do need to settle for their supply, The Diamond Valet will ship you a cashier’s test or firm test. They’ll ship the test 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 resolve not to promote. Observe that the corporate additionally buys pre-owned watches.
As with their diamonds, The Diamond Valet solely buys high-end pre-owned watches in manufacturers comparable to Cartier, Rolex, Breitling and so forth. The method for promoting your title model pre-owned watch is similar as it’s for promoting diamond jewellery.
You begin by filling out the appraisal type, after which sending your watch in for authentication in case you’re pleased with the web worth vary quote. When you’re glad with the ultimate worth quote, you may agree to promote, and the corporate will ship you a test for the quantity of the sale.
Trustpilot rating: The Diamond Valet has a Trustpilot web page, however there are not any evaluations as of but.
3. I Do Now I Don’t
The I Do Now I Don’t web site says it’s the most important jewellery purchaser from the general public. Their objective, in accordance 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 affords two promoting choices.
- You possibly can checklist your merchandise on the market on their web site
- You possibly can take the corporate’s Direct Provide, the place they purchase your piece straight
You’ll possible earn more cash in case you select to checklist your merchandise on the market on the positioning, however the draw back is that it’ll most likely take longer to get that cash.
Observe that it’s free to checklist your piece on the positioning. 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 another 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 charge based mostly on the I Do Now I Don’t fee scale:
- 20% for gadgets promoting between $500 and $5,000
- 18% for gadgets promoting between $5,001 and $10,000
- 15% for gadgets promoting between $10,001 and $50,000
- 10% for gadgets promoting at over $50,000
(Observe that you’ll pay a 25% fee in case you select to use the corporate’s VIP Service. The VIP Service gives pre-authentication and valuation, cleansing and pictures in your jewellery piece.)
If there are any points with authentication, the client can 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 15th of the month following completion of buy.
Funds are despatched in the type of a test through USPS.
Trustpilot rating: 4.5 out of 5 stars
4. 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 wonderful jewellery. Right here’s how promoting your jewellery on-line would work with TheRealReal.
You select from three simple methods to get your wonderful jewellery piece to TheRealReal:
- Transport your piece straight utilizing a free, printable delivery label
- Having your merchandise picked up from a location of your selection (this service out there in over 20 metro areas)
- Bringing your jewellery piece right into a consignment location (Chicago, Miami, Dallas, NYC, SanFrancisco, LA, Washington DC)
As soon as The RealReal has obtained your jewellery, they’ll authenticate it and inform you of their prompt checklist worth. When 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 test. 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 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 worth of $1,000 or extra
There are different fee ranges, too, based mostly on the worth of explicit gadgets. You will discover extra particulars on fee ranges on The RealReal’s web site.
Observe that there’s some language in The RealReal’s phrases and circumstances web page that mentions their proper to decrease the worth. In different phrases, in case you set an agreed-upon worth and your merchandise doesn’t promote quickly sufficient, The RealReal has the authority to cut back the price by up to 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 vital to be sure to get your required phrases in writing earlier than promoting with The RealReal.
Trustpilot rating: 4.Three out of 5 stars
Mondiamo helps you maximize the worth of your diamond whenever you’re prepared to promote. Observe that they solely purchase diamond jewellery.
Promoting your diamonds to Mondiamo takes simply 4 simple steps.
- You fill out some info on-line about your diamond jewellery piece.
- Mondiamo will provide you with a worth vary they’ll commit to on-line.
- You’ll ship your diamond into Mondiamo for authentication utilizing their insured free delivery course of.
- When you settle for their Closing Money Provide, they’ll ship you quick fee. If not, they’ll ship your merchandise again to you insured and freed from cost.
There’s no particular fee construction with Mondiamo. As an alternative, they merely make you a suggestion worth which you’ll be able to settle for or reject. Mondiamo can pay you through ACH deposit into your checking account or by mailing a test.
For worldwide prospects, they pay through wire switch. Observe: Mondiamo’s supply worth consists of the valuable metallic that your diamond is about in. When you’d reasonably not promote the metallic, they’ll take away the diamond from the setting. Then they’ll ship the setting again to you freed from cost.
Trustpilot rating: 4.5 out of 5 stars
6. WP Diamonds
WP Diamonds was based in 2012 to create a market for individuals to purchase and promote diamonds and different wonderful jewellery items rapidly and safely. At WP Diamonds you may promote unfastened diamonds, diamond jewellery, wonderful watches or every other designer or property jewellery piece.
If you promote to WP Diamonds, you don’t have to wait for somebody to purchase your piece. As an alternative, WP Diamonds buys your jewellery straight. The method is analogous to among the different websites listed right here:
- You fill out a web based type describing your merchandise
- WP Diamonds will provide you with an preliminary valuation vary by e-mail or telephone
- When you’re pleased with the worth vary, they’ll ship you directions on delivery your merchandise to the corporate without spending a dime
- WP Diamonds consultants will consider your jewellery piece
- You’ll get a ultimate and actual supply worth
After you obtain your ultimate supply worth and inform WP Diamonds that you simply settle for their supply, the method is sort of quick. In lots of instances, you will get paid inside 24 hours. When you go straight to a WP Diamonds location to promote your jewellery, you could find a way to stroll out the door with a test the exact same day.
Observe 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 in the UK.
Trustpilot rating: 4.Eight out of 5 stars
1stdibs calls itself “the main on-line market for the world’s most stunning issues. They had been based in 2001 and specialize in promoting distinctive luxurious gadgets, together with wonderful jewellery.
So as to promote your jewellery on 1stdibs, you will have to begin by finishing a vendor utility. The corporate has excessive requirements for sellers, which suggests they entice high quality patrons as effectively.
When you’re accepted as a vendor, you may checklist your jewellery items and work to promote them. I appeared to discover particulars on 1stdibs about itemizing charges, promoting charges and commissions. However there was no info given except you join to be a vendor and undergo the vetting course of.
I can inform you that whereas they appear to specialize 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 score is sort of excessive, which is why we embody them right here.
Trustpilot rating: 4.7 out of 5 stars
8. Ruby Lane
Ruby Lane is a web based market that specializes in 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 wonderful jewellery. As with the opposite firms listed right here, you may solely promote high-quality jewellery on Ruby Lane.
Concerning their wonderful jewellery part, Ruby Lane requires that the items are:
- Lower than 20 years outdated
- Made from treasured 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 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 up to you to talk 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 beneath 80 items), they do produce other prices.
There’s a one-time set-up price of $100 in your retailer (this price consists of ten free itemizing charges) and a month-to-month upkeep price 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.
Nonetheless, in case you have a really costly piece, the overall you’d pay to promote it might be fairly low, in contrast to the fee charges of among the different shops right here. Ruby Lane gives a primarily hands-off methodology of serving to you promote your jewellery by yourself.
Trustpilot rating: 4.6 out of 5 stars
9. 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 kind 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
And extra. The corporate accepts any karat gold between 8K and 24Okay. Because the firm pays for gold based mostly 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 need to ship through FedEx or USPS.
Money For Gold USA will ship you a delivery package deal based mostly 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 one among their licensed technicians appraise your gold.
The appraisal usually occurs inside 24 hours of once they obtain the cargo. After they analyze it, they’ll ship you a test for his or her purchase supply quantity. They will pay through PayPal in case you select, too.
When you’re pleased with the quantity you’ve obtained, simply preserve your money. When you don’t like their supply, you may return the cash, they usually’ll ship your gold again freed from cost.
Trustpilot rating: Money For Gold USA is listed on Trustpilot however doesn’t have any evaluations as of this writing.
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 possibly can ship in any dimension unfastened diamonds or diamonds set in a hoop or different jewellery piece. In case your diamonds are in the within of a setting, comparable to a hoop, they are going to consider the valuable metallic portion individually from the diamond portion. They’ll do that with out damaging your jewellery items.
After analysis, they’ll ship you a test in your jewellery items. You possibly can request fee through PayPal as effectively. When 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.
Different Online Choices
Observe that whereas there are different fashionable websites that you would be able to promote jewellery on-line, we tried to persist with websites that had the best scores for customer support. Be happy to try web sites comparable to eBay, Bonanza and extra for different choices to promote your jewellery on-line.
It’s attainable to promote your used 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 through the use of one of many on-line websites above?
Have you ever ever bought gently used, actual gold, silver or treasured stone jewellery on-line? If that’s the case, which web site did you utilize and what was your expertise? Be happy to share your story in the feedback part.