How Do I Sell Unwanted Jewelry?

What is the best website to sell jewelry?

So what are the best websites to sell jewelry?Etsy.eBay.ArtFire.Bonanza.Zibbet.Sep 8, 2017.

How much are tiny diamonds worth?

Melee diamonds are small—between 0.001 and 0.2 carats—so they are not very valuable. The average price of a 0.50 carat diamond is $1,500, and the largest melee diamonds are less than half of this weight.

How do I find out how much my jewelry is worth?

It is best to take your jewelry to a professional if you think you have jewelry worth money. A jeweler will tell you if your jewelry is genuine. They will also give you a dollar value for your piece. Reach out and ask us anything about finding a value for your jewelry.

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.

Is sterling silver worth anything at a pawn shop?

Pawnshops, just like every other jewelry store, will price sterling silver items based on the prevailing open market value of the precious metal, even before they look at the weight and the fineness of the piece.

Where can I sell my diamond ring for cash?

Where Can I Sell My Diamond Ring For Cash?Get the answers to the following questions:PAWNSHOPS: With this local option you can get paid quickly for your engagement ring. … AUCTION HOUSES: While an auction house will handle selling the ring for you, this is typically a long selling process that can take many months and with no guaranteed sale.More items…•Jul 30, 2019

How can I sell my jewelry without getting ripped off?

Here are some things to keep in mind to avoid being ripped off as you sell your gold:Know the Realities of Selling Gold. Realize that even though gold prices are above $1,800 an ounce, you aren’t going to get that. … Shop Around. … Keep the Gems Separate. … Be Careful of Mail-In Gold Sales.

Do pawn shops appraise jewelry?

Most pawn shops refer to blue book market value or certain databases for the items they buy. They may also do some internet research. They need to consider a price that will justify a profitable resale value for them as well.

Does Kay Jewelers buy jewelry?

Kay Jewelers opened its first store in Reading, Pennsylvania, in 1916. … The Kay Jewelers Gold Exchange is an opportunity for you to sell your used, unwanted gold and platinum jewelry through a secure program from a company you know and have trusted for years. Learn more about the Kay Jewelers Gold Exchange.

What do you do with jewelry you don’t want?

When pieces look dated or broken, make them into something new. If the gems are real, bring it to a jeweler and have them place the pieces into another setting or re-string the stones into another necklace or bracelet. I had this done a few times with my mother’s and grandmother’s pieces, and it gave them new life.

Is it better to sell jewelry to a pawn shop or jewelry store?

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.

Is antique jewelry worth anything?

Antique jewelry is seldom worn, usually kept away in a box for its monetary or sentimental value. Antique jewelry often shows a high level of craftsmanship and quality. Antique jewelry pieces tend to be valuable because jewelry over 100 years ago was seldom created in large quantities and was usually handmade.

Why is diamond resale value so low?

At a jeweler’s store, a diamond ring is worth twice what it’s worth after it has been purchased. This is because they buy their diamond pieces in bulk and this secures them the wholesale rate. In a nutshell, these are the main reasons why the diamond resale value is so low. …

What can I do with cheap jewelry I don’t want?

Getting rid of jewelry As for pieces you no longer want, donate them. Many charities accept fine jewelry donations, including Goodwill, the Salvation Army and Support Our Troops. If you want to unload costume jewelry, look into organizations such as Dress for Success, Suited for Change and I Have Wings .

How much do you get for selling jewelry?

Generally, when you sell pre-owned fine jewelry, you can expect to get around 20 to 50% of the original purchase price. There are a few exceptions to this range. For example, very rare and highly desirable pieces may fetch a higher price.

Do jewelry stores buy jewelry?

Local jewelry stores will often buy used jewelry. This should be one of the first places to consider (locally) because they may be able to give you the best price. You’ll also want to stick with locally owned jewelry stores as they are more likely to give you cash, rather than store credit.

How much do pawn shops mark up jewelry?

The price a pawn shop will pay will vary because it depends entirely on how much a particular pawn shop will pay for your items. However, you can expect offers that range between 50% – 60% of the value of your jewelry.

Is Coro jewelry worth anything?

Depending on the material, design and workmanship of Coro jewelry piece, it can be surprisingly valuable, especially for collectors and the secondhand market.

Do pawn shops pay spot price for gold?

If you have an ounce of 24K bullion, like a bar of gold, my pawn stores would offer 90% of the spot value. Today, my gold buying store offers 95% of spot. If it was an ounce of less expensive 10K jewelry, it would be melted so the pawn offer would be around 70%.

What should I do with my old jewelry?

Most local thrifts stores will happily take jewelry off your hands, especially if it has a high value. Since charitable donations are tax deductible, making a gift to a nonprofit can be a good deal for you, especially if your piece is broken or might not fetch a high price at an antique store or other retailer.