Selling in person
Selling your jewelry in person to a local shop may still be the best way to get the most money out of it.
Here, too, you have lots of options, including coin shops, pawnshops, consignment shops and jewelers.
The American Gem Society provides a list of local jewelers who buy jewelry.
Do jewelers buy used jewelry?
Sell it to a jeweler or pawnbroker
Of course, if they don’t usually buy used jewelry, they may just offer you store credit, which may or may not be ideal for you. Alternatively, Beaty suggests consignment jewelers can try to sell your jewelry for you.
Can I sell my ring to a jewelry store?
Yes, you can sell your diamond and your setting. If you go through Abe Mor diamonds, they’ll handle the resale of your diamond and setting. Remember that your setting will be worth the scrap gold price. Most jewelry stores and pawn shops pay approximately 50 cents for every dollar of scrap gold value.
How do you sell valuable jewelry?
Before you sell, educate yourself about value.
- Make Sure The Jewelry is Clean and Polished. Have the jewelry cleaned or polished.
- Keep it With its Original Packaging.
- Get Multiple Appraisals.
- Consider the Melt Value.
- Obtain Gem Grading Report.
- Selling Antique Jewelry Online.
How can I sell my diamond jewelry?
To help unravel the mysteries of diamond selling, here are four tips to consider before hocking your stone.
- Know what you’ve got.
- Set a realistic price.
- Investigate your selling options.
- Be emotionally ready to sell.
Is it better to pawn or sell jewelry?
Pawning your jewelry is a really good option for two reasons. First, it’s great if you need money quickly but you also want to keep your jewelry. Second, because the pawn shop doesn’t have to worry about having to sell your jewelry, you’ll probably get more money. Shop around at different pawn shops or jewelers.
Does Kay Jewelers buy back jewelry?
With Kay Jewelers, the company will not actually buy back a ring or another piece of jewelry that a customer has purchased from them, but they do have some options available that does allow the customer to return their purchase and obtain another piece of jewelry that better fit their needs.