Quick Answer: Can You Sell Jewelry To A Jewelry Store?

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.

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.

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.

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.

Does Kay Jewelers buy jewelry?

Only diamonds, not color gemstones, can be traded in. And up! Only diamond jewelry-to-diamond jewelry trades qualify for upgrade. Trade-ins purchased at KAY are awarded the full value of the original purchase price.

How much is a .5 carat diamond worth?

A 5 carat diamond weighs 1.0 gram and a Round Brilliant Cut has a diameter of 11.0mm. Diamond Pricing: the prices per carat for 5 carat stones range from $9,350 to $147,400 PER CARAT. From 5 carats and up, diamonds are large enough to be cut into Heart Shape diamonds.

How much is a 1 carat diamond worth?

Rule of thumb: A 1-carat diamond can cost as low as $2,000 and as high as $25,000. That means a middle-of-the-range diamond should be $11,000 – $12,000. Sounds simple, but that is overpaying. A good value, good quality 1 carat diamond should cost you around $4,500 – $6,000.

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.

How can I sell my jewelry without getting ripped off?

Here are some tips on finding a place where you can sell your old jewelry without getting ripped off.

  1. Know the value of what you’re selling.
  2. Slow your horses.
  3. Find a reputable buyer.
  4. Final tips for selling gold and diamond jewelry:

What is the best way to sell jewelry?

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.

How can I sell my diamond ring for the most money?

Let’s look at some important tips you can use to help you sell off unwanted diamond jewelry.

  • Provide a Grading Certificate From a Reputable Lab.
  • Approaching a Jeweler to Take In Your Used Jewelry.
  • Selling Diamonds On Your Own.
  • Consigning Your Diamond With a Local Jeweler.

How much is a 14k gold ring worth at a pawn shop?

For example, as of the day of writing this article pawn shops pay around $1250 for an ounce of pure gold. If you have 10k gold jewelry, you can sell it for $16.35 per gram, and 14k gold jewelry can be sold for 423.50 per gram.

Where can I sell my diamond ring for the most money near me?

Let’s look at each of these options in a bit more detail.

  1. ONLINE TO A TRUSTED DIAMOND BUYER. If you are asking yourself “Where can I sell my diamond ring near me?”, one of the quickest and most convenient ways to sell engagement rings for cash is through an online diamond buying company.
  2. AUCTION.
  3. CRAIGSLIST.
  4. PAWN SHOPS.

Does Zales buy used jewelry?

Zales doesn’t purchase used jewelry. However, you may be able to trade in your previous Zales purchases. Alternately, you can sell your gold or platinum through Zales’ Gold Exchange program online.

Can I sell my jewelry back to Kay’s?

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.

How can I sell my old engagement ring?

Here’s How to Sell Your Engagement Ring Setting

  • Realize you won’t break even on your purchase, especially if it’s a custom-made setting.
  • Avoid local jewelry stores and pawn shops.
  • Go through Abe Mor for the best prices on second-hand diamonds and ring settings. You can sell the gold or platinum for scrap metal.