Where to Sell Jewelry: 15 Best Places to Get the Most Money in 2024

Jewelry often holds sentimental value, but there comes a time when you might consider parting with some pieces.

Whether it’s an old engagement ring, a family heirloom that’s not to your taste, or simply items that you’ve outgrown, figuring out where to sell jewelry can be a lucrative endeavor.

With the advent of the internet, numerous platforms have emerged, making it easier than ever find the best place to sell jewelry from the comfort of your home.

Best Places to Sell Jewelry

But where should you sell to get the best value?

Here are the top places to consider when it comes to looking for where to sell jewelry online and near you:

1. Worthy

Worthy specializes in selling precious metal earrings, rings, necklaces, and bracelets.

They also accept loose diamonds and high-end watches.

The platform covers shipping costs and insures your valuables up to $100,000.

Once your jewelry is authenticated and listed, Worthy handles the auction process, ensuring you get the best possible price.

2. Things We Buy

Focusing on fine jewelry with diamonds larger than one carat and luxury watches, Things We Buy offers a streamlined selling process.

After requesting a free appraisal kit and sending in your jewelry, certified appraisers evaluate each piece.

Within 24 hours of appraisal, they provide a quote, and if you accept, payment is issued swiftly.

3. TheRealReal

The RealReal is a luxury consignment store that offers a diverse range of items, including fine jewelry.

After selecting items for consignment, The RealReal provides free in-home pickup in certain metro areas.

Their team of experts authenticate each item, list it for sale, and once sold, you can choose your preferred payment method.

4. WP Diamonds

WP Diamonds is a platform where you can sell loose diamonds, diamond jewelry, luxury and estate jewelry, and even luxury watches.

They provide free shipping and insurance for your items.

After a quick and expert evaluation, they offer a competitive price.

If you accept, payment is processed promptly.

5. Cash for Gold USA

This platform is ideal for those looking to sell items containing gold, silver, or platinum, including broken jewelry.

Cash for Gold USA offers a straightforward valuation process and prepaid shipping.

Once they receive and evaluate your items, they provide a quote and, upon acceptance, ensure quick payment.

6. Vestiaire Collective

vestiaire collective Where to Sell Jewelry

Vestiaire Collective is an online marketplace tailored for designer goods.

It’s a great platform for selling high-end jewelry pieces.

They assist with the shipping process and charge a commission only on items that sell for more than $50.

The platform is user-friendly, making it easy for sellers to list and manage their items.

7. Louped

This platform is dedicated to selling pre-owned diamonds, fine jewelry, and luxury watches.

They offer free third-party appraisal and insured shipping.

Once your item is listed and sold, they charge a commission based on the sale price, ensuring you get a fair deal.

8. Etsy

Etsy is renowned for its focus on handmade and vintage items.

If you’re selling handcrafted jewelry, this platform can connect you with a dedicated audience.

They charge a nominal listing fee and a transaction fee upon sale.

With its vast user base, Etsy can provide significant visibility for your jewelry pieces.

9. Shopify

Shopify is a comprehensive e-commerce platform where you can set up a dedicated store for your jewelry.

They offer various storefront themes, integrated payment options, and tools to help you manage and promote your business.

It’s ideal for those looking to establish a professional online presence for their jewelry brand.

10. Amazon Handmade

Amazon Handmade is a curated section of Amazon dedicated to artisans selling handcrafted goods.

They provide a custom URL for your shop and charge a referral fee on sales.

Being part of the Amazon ecosystem, your jewelry can reach a vast audience, increasing the chances of sales.

11. eBay

eBay is a global marketplace where many sellers list their jewelry.

They charge a “final value fee” upon sale.

With its auction or “buy now” options, you can tailor your selling strategy to meet your needs.

eBay’s powerful search functionality ensures your items get the visibility they deserve.

12. Facebook Marketplace

Facebook Marketplace is a platform that connects local buyers and sellers.

It’s ideal for selling jewelry without incurring shipping costs.

The platform charges no fees, and you can even create a dedicated page for your jewelry business, allowing you to engage with your local community effectively.

13. Local Jewelry Stores

Many local jewelry stores offer consignment or direct purchase options for quality pieces.

These establishments have expert appraisers on staff who can evaluate the worth of your jewelry based on current market trends.

Selling to a local store eliminates the need for shipping and online listing fees.

Plus, you can often receive immediate payment upon agreement.

14. Pawn Shops

Pawn shops can be a quick way to sell jewelry, especially if you’re looking for immediate cash.

While they might not offer the highest market value, they provide a hassle-free and rapid selling process.

It’s essential to have a general idea of your jewelry’s worth before approaching a pawn shop to ensure you get a fair deal.

15. Estate Sales & Auction Houses

For high-end, vintage, or unique jewelry pieces, estate sales or auction houses can be an excellent avenue.

These places attract serious buyers and collectors willing to pay a premium for valuable items.

While auction houses might charge a commission, the potential for higher sale prices can offset these costs.

Ensure your items are appraised and documented before consignment.

Maximizing Your Jewelry’s Value: Tips and Tricks

Selling jewelry is not just about finding the right platform; it’s also about presenting your pieces in the best possible light to attract potential buyers and get the best price.

Here are some tips and tricks to ensure you maximize the value of your jewelry.

1. Get an Appraisal

Before selling, it’s crucial to know the worth of your jewelry.

An official appraisal not only gives you an idea of your jewelry’s market value but also provides a basis for setting a price.

2. Clean Your Jewelry

A simple cleaning can make your jewelry shine and look more appealing.

Use appropriate cleaning methods for different materials to avoid any damage.

3. Provide Provenance If Available

If your jewelry has a history or comes from a renowned brand, providing documentation or provenance can increase its value.

4. Be Transparent

Always be honest about any damages, repairs, or modifications.

Transparency builds trust with potential buyers.

5. Set a Competitive Price

Research similar items on your chosen platform to set a competitive price.

Avoid overpricing, which might deter potential buyers.

FAQs about Selling Jewelry

Is it safe to sell jewelry online?

Yes, many reputable online platforms offer secure transactions.

However, always read reviews, understand the platform’s policies, and use secure payment methods.

How do I know if my jewelry is genuine?

Consider getting an appraisal.

Professional jewelers can determine the authenticity of metals and gemstones.

Should I repair damaged jewelry before selling?

It depends on the damage.

Minor repairs might increase the jewelry’s value, but significant alterations could decrease its worth.

Consult with a professional before making a decision.

How do I ship jewelry safely?

Use padded envelopes or boxes, insure the package, and consider requiring a signature upon delivery.

Can I sell jewelry that’s out of style?

Absolutely!

Vintage and unique pieces often attract collectors or individuals looking for distinctive items.

Conclusion

With these options, both online and offline, you have a diverse range of avenues to explore where to sell jewelry.

Whether you’re looking for a quick sale or the highest possible price, there’s a platform or place that fits your needs.