DollarBreak is reader-supported with the aim of becoming the ultimate practical resource for making money online. If you sign up or purchase using the links in this post, we may receive compensation. Disclosure.
No seller fees – get paid more than eBay
Buyers pay no fees up to $ 50. 5+ after that $ 5
Payment of shipping costs directly to the carrier
Sell electronics directly to Gazelle and get a quote in a minute
Get paid by Amazon gift card, PayPal, or check
Regardless of which item you want to sell, shipping is free
171+ million active users – you don’t have to worry about traffic
Seller protection against buyer fraud
Great marketing tools – only pay when you sell your item
Best websites for selling jewelry
CashForGoldUSA is a great option for cheaper jewelry worth less than $ 1,500. This company buys all kinds of jewelry at reasonable prices. The website even has an online calculator that you can use to estimate the value of your items.
This company has more than 20 years of experience in purchasing jewelry. They also claim to offer the best prices in the market. It might not be the best option for antique, rare, or designer items, but it can be a great option for selling jewelry of more humble origins.
The sales process is straightforward.
- Fill out the website form
- You will receive an insured, free postal package. You can pack your jewelry in a package and then send it back.
- CashForGoldUSA will send you an offer by email
- If you accept, you can receive your funds by bank transfer, check, or PayPal.
- If you do not accept the offer, your items will be returned at no additional cost.
Worthy buys all kinds of jewelry. However, the minimum price per item is $ 1,500. However, this company can offer you a higher price. This is because Worthy is selling items at auction, so the highest bidder will buy your items.
Another reason Worthy is a great platform for selling jewelry is because of its great flexibility. You are in control of your pieces until they are sold. If you don’t agree with the minimum price set for the auction, you can even change it. You can also have a buy it now price.
Worthy charges a fee of 5 to 15% of the final sale price. The specific fee depends on the item value. Higher value pieces result in lower fees.
Like CashForGold USA, Worthy provides a free estimate and an insured, free shipping kit. After receiving your items, it will take a few days for them to write a review. As soon as you have agreed on the details, such as the starting price, the auction can begin. You will receive your payment by PayPal, bank transfer or check.
3. WP diamonds
As the name indicates, WP diamonds specializes in diamond jewelry. However, they also buy other items such as luxury watches and designer jewelry. The company doesn’t auction any items, it works a bit like a pawn shop. They provide a transparent assessment and it is even filmed for your protection.
WP Diamonds offers fair prices with no additional fees. Shipping is insured up to a maximum of $ 100,000.
The sales process consists of several steps:
- Obtain a mailer kit from the website
- You will be called by the customer service team to discuss your jewelry
- Once you have agreed to the items to be shipped, you will receive a FedEx label. You can then print this out and stick it on the jewelry packaging.
- After WP Diamonds receives your package, the team will review the items and prepare a quote.
- If you accept the offer, you will receive payment by check or ACH. If you are not satisfied with the offer, they will send the items back to you.
4. The real reality
The real real is an online platform for luxury shipments. They can sell used watches and jewelry. The company also accepts designer furniture, shoes, or other high quality pieces.
The selling process is a little different from the other options on this list.
- You need to create an account as a seller
- Submit your jewelry
- The in-house team will evaluate your items and contact you with a price
- The team will take photos and upload your articles to their website
- When someone buys your item, they receive the cash minus a fee.
The fees vary between 5 and 15%. Since the company doesn’t specialize in jewelry, your items can be a little more difficult to sell. Also, you have to wait for a buyer before you can get your money. Also, The Real Real can discount your item if it doesn’t sell quickly.
5. Ruby Lane
Ruby Lane is another platform where you can sell jewelry, collectibles, antiques, and art. The company claims to have over a million visitors a month. This creates a huge potential market for your unwanted jewelry.
The company also has guidelines to help showcase your items so they can sell faster. The sales fees are also quite reasonable. Although there is a $ 100 setup fee, the monthly maintenance fee is $ 69 and an entry fee of $ 0.19 per item. While this can be high if you only have a piece or two to sell, it is worth considering when you have a lot of unwanted jewelry and other pieces.
Etsy is often associated with handmade items, but it can be a good place to sell your jewelry. However, items must be vintage or handcrafted to qualify for sale on the platform. Etsy has a network of buyers from all over the world. It’s also easy to use with low fees.
To start selling, you need to set up an account and build a shop. You can then start uploading items. The platform walks you through the listing process, including taking photos and how to market your pieces. You will receive one payment once a month for all items sold.
Remember, there is a listing fee of $ 0.20 for every item and a 5% transaction fee for everything you sell.
- Easy setup and maintenance of your shop
- Market to a large audience – 45+ million active Etsy buyers
- Integrated analytics to analyze your performance and make data-driven decisions
- No shop fees
Should I pawn or sell jewelry?
Jewelry is a popular gift for many occasions. It is a suitable gift for Mother’s Day, Valentine’s Day, Christmas, weddings, birthdays, or work-related events such as promotions, new jobs, or retirement. In fact, the jewelry industry overproduces $ 55,422 million.
If you received jewelry gifts or bought items for yourself, you may have accumulated a lot of jewelry, some of which you may no longer wear. This means that selling jewelry could be a way to clean up clutter and make some cash. So, here I am going to dive into how to sell jewelry without getting scammed.
If you are in need of some cash, you may have wondered what the better option is. Sell or pawn jewelry. The main difference between these two things is that selling generates money while pledging requires you to pay back the money with interest when you cash in your items.
So whether you should mortgage or sell jewelry depends on your circumstances. If you need cash right away but don’t really want to part with your jewelry, pledging can be a great option. However, you need to calculate the cost of the interest. If you no longer wear the jewelry and it doesn’t have sentimental value, selling it may be a better option.
Is It Safe To Sell Jewelry Online?
If you can prove that you are dealing with a trusted, established buyer, then selling jewelry online is safe. All of the platforms I describe below are reputable companies that you can rely on for a secure transaction.
Tips on selling gold or jewelry
If you want to sell jewelry, you need to be careful about how much you are getting. Here are just a few tips to help you sell your gold or jewelry.
Don’t be impulsive
Remember, buyers don’t have the sentimental attachment to items that you do. So the price offered will not show any sentimentality. Take the time to evaluate each piece to make sure that the price you get outweighs the emotional value.
Be realistic about what you have
Gold jewelry is seldom pure golf. Most gold jewelry in the United States is made from 10, 14, or 18 karat gold. This consists of gold and other alloys. So you won’t get the highest price on a 10 carat gold item.
Always choose a reputable buyer
This should go without saying if you want to sell jewelry online. But I’ll make it clear here. Don’t be tempted by online sellers offering unrealistically high prices. These are often scams and you could lose your jewelry entirely. So make sure you choose a reputable buyer who offers you a fair price and treats you fairly.
Photograph and document your pieces
Before sending your items to the buyer, you should take photos and document each of your items. This can be useful in case the package is lost in transit.
Frequently asked questions about selling jewelry for cash
Can i sell broken jewelry?
If you have jewelry that is broken, you have several options. If you still love the item and want to wear it, take it to a local jewelry store to have it repaired. When you no longer wear the item, you can sell it as precious metal scrap.
How much is used jewelry worth?
The price of gold and silver varies. Prices fluctuate daily and the amount offered depends on the quality and weight. Basic items are sold based on the weight of the gold or silver. With designer, antique, or handcrafted jewelry, however, you can expect more.