Best Places to Sell Jewelry: Get Cash for Jewelry

If you're looking to supplement your income by reselling jewelry or simply decluttering your jewelry collection to make way for new pieces, there are numerous platforms available, both online and offline, where you can sell your precious gems.

The best place to sell jewelry will depend on various factors, such as the type and value of the pieces, location, and personal preferences. In this article, we explore several well-known and reputable options.

Regardless of your approach, the top online platforms for selling jewelry will offer secure transactions, expert appraisals, and a convenient means of earning money. We conducted extensive research on numerous services to separate the genuine contenders from those that may not meet expectations.

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Best Online Platforms to Get Cash for Your Jewelry

Cash for Gold USA – Best Cash for Jewelry Company Overall
Express Gold Cash – Best for Quick Transactions
Liberty Gold and Silver – Best for Precious Metals
Luriya – Best for Convenience
APMEX – Best for Investment Gold
SellYourGold.com– Best for Online Selling
US Gold Bureau – Best for Gold Bullion

To create this compilation, our team extensively investigated numerous online auctions, consignment websites, direct purchasing options, and e-commerce marketplaces.

Throughout the research process, we assigned the highest importance to factors such as industry standing, pricing structure, and sales procedures. Furthermore, companies offering reasonable commission rates and minimal listing fees were given additional points during the evaluation stage.

Cash for Gold USA – Best Company to Sell Jewelry Online Overall

Cash for Gold USA is a leading and well-established gold buyer in the United States, recognized for its extensive size. Their services encompass quick turnaround times and competitive rates for various gold items, including jewelry and coins.

The process itself is straightforward: simply request a complimentary kit from their official website, which includes a prepaid shipping label along with comprehensive instructions on secure packaging and mailing your gold.

Upon receipt of your items, Cash for Gold USA ensures that you will receive an offer within 24 hours. If you accept the offer, payment will be promptly issued via check or PayPal.

Additionally, Cash for Gold USA guarantees that they will surpass any competitor's offer to ensure that you receive the best possible deal available. This encourages customers to explore multiple options before making a final decision

Pros

Free shipping kits
Easy online process
Quick turnaround time

Cons

Some customers report delayed payments
Potential valuation misunderstandings

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Express Gold Cash – Best Online Platform to Sell Jewelry for Quick Transactions

With a remarkable track record of over 25 years, Express Gold Cash has established itself as a respected and trustworthy gold buyer in the industry. Their extensive range of services encompasses acquiring various precious golden items such as engagement rings, watches, coins, dental gold, and other valuable metals.

For those contemplating whether to part with their possessions, Express Gold Cash offers multiple channels for inquiries. Customers can contact them via phone or by filling out their online form.

The company takes great pride in its commitment to honesty, transparency, and reliability when determining the value of purchased items.

Express Gold Cash's exceptional performance is reflected in its A+ rating with the Better Business Bureau. This accreditation further underscores their unwavering dedication to upholding high standards and ensuring customer satisfaction.

Their impressive Trustpilot rating of 4.9 stars based on over 4,500 reviews attests to the superior experiences customers have had when dealing with them—a testimony that solidifies Express Gold Cash as an esteemed and dependable choice within the gold buying industry.

Pros

Offers a price match guarantee
Free item evaluation
Simple and straightforward process

Cons

Customer service reviews vary
Limited acceptance of certain precious metals

>> Best Cash for Gold: Express Gold Cash >>

Liberty Gold and Silver – Best Company for Precious Metals

Established in 2012, Liberty Gold and Silver specializes in the acquisition of various gold jewelry and coins. Although their website may provide limited information, they prioritize exceptional customer support through a round-the-clock telephone helpline.

This enables customers to seek guidance on matters concerning their golden possessions, pricing inquiries, or shipping-related concerns at any time. Despite being a relatively new contender compared to some competitors, Liberty Gold and Silver has gradually gained trust among its clientele.

Their unwavering dedication to dependability and customer satisfaction resulted in an A rating from the Better Business Bureau, further cementing their reputation as a reputable gold purchaser.

Pros

Buys various precious metals
Offers market trend info
Ensures secure transactions

Cons

Limited global presence
Lower liquidity for selling metals back

>> Best Cash for Gold: Liberty Gold and Silver >>

Luriya – Best Cash for Jewelry Company for Convenience

Luriya holds a prominent position in the esteemed "Diamond District" of Manhattan, recognized as a leading purchaser of gold.

With over two decades of experience in the industry, they have established themselves as a trusted and reputable name for individuals seeking to sell their gold possessions. Even if it’s not feasible for you to physically visit their store in New York, Luriya provides the convenience of selling gold online.

Luriya's team has garnered acclaim for their professionalism and exceptional customer service over many years. By embracing the transition to an online platform, they have successfully preserved the quality of their customer experience while remaining dedicated to delivering excellence.

When engaging with Luriya, you can anticipate nothing short of superior service and complete satisfaction throughout your journey of selling gold items.

Pros

Transparent pricing
offers in-person appointments
certified scales for accurate measurements

Cons

Limited global presence
Mixed reviews on customer service

APMEX – Best Cash for Gold Company for Investment Gold

Founded in 1999 and based in Oklahoma City, APMEX, or American Precious Metals Exchange, stands as a renowned online retailer for precious metals. It has gained recognition as one of the largest players in the industry, serving both investors and collectors alike.

APMEX specializes in the purchase and sale of various forms of precious metals like gold, silver, platinum, and palladium. These include coins, bars, rounds - even rare numismatic collectibles. With its solid reputation established over the years, APMEX continues to be a trusted name within the precious metals market.

Pros

Various storage choices provided
A diverse range of valuable metal items
Well-established renown

Cons

Increased costs for specific items
Possible delays during peak demand

SellYourGold.com – Best Cash for Gold Company for Online Selling

With a remarkable track record spanning more than five decades in the gold-buying sector, SellYourGold prides itself on its rich heritage.

Through their cutting-edge technology, they conduct thorough examinations of all gold items to ensure that customers receive the most advantageous offers. Their comprehensive range of services includes the purchase of various golden treasures such as jewelry, coins, and bullion.

The trust and confidence instilled by SellYourGold are evident in the multitude of individuals who choose to sell their precious gold to them. Boasting a wealth of experience and an unwavering commitment to providing top-notch prices, it comes as no surprise that they are among the preferred options for many sellers.

Their dedication to upholding high standards is further validated by their A+ rating from the Better Business Bureau. Additionally, with an exceptional 4.8-star rating on Trustpilot acquired through over 6,600 reviews, SellYourGold solidifies its position as a reputable and highly esteemed player within the industry's gold buying landscape

Pros

Convenient online gold selling
Fast processing and payment choices
Transparent pricing and procedure
Free, insured shipping for gold items
Accepts various types of gold things

Cons

Limited personal interaction and negotiation
Possibility of lower price offers than other methods
Negative customer feedback on offers and service

US Gold Bureau – Best Cash for Gold Company for Gold Bullion

Headquartered in Austin, Texas, the US Gold Bureau is a well-known dealer of precious metals. Its primary goal is to offer individuals the opportunity to preserve their wealth by providing access to physical gold, silver, platinum, and palladium products.

The company caters to investors and collectors with its diverse range of offerings. With a strong emphasis on transparency and customer satisfaction, the US Gold Bureau has built a reputation for delivering reliable and secure services.

In addition to its product lineup, the US Gold Bureau goes beyond just selling precious metals. It also provides educational resources and market insights that empower customers to make informed investment decisions.

Whether someone wants to diversify their portfolio or safeguard against economic uncertainties or even acquire numismatic treasures, they can rely on the reputable services offered by the US Gold Bureau.

Overall, this prominent dealer stands out for its commitment not only to offering quality products but also to ensuring that customers are equipped with knowledge about precious metal investments.

Pros

A reputable company in precious metals industry
Knowledgeable customer support
Offers diverse range of precious metals
Provides storage, delivery options
Buys gold, and other metals from customers

Cons

Extra fees for certain services
Limited emphasis on purchasing gold from individuals
Not necessarily most competitive gold item prices
Possibility of lower buyback prices than specialized gold buyers
Mixed customer feedback on buying/selling experience

Best Offline Platforms to Get Cash for Jewelry

Local Jewelers and Pawn Shops

Pawn shops typically offer lower prices for jewelry compared to local jewelry stores. However, they do buy a wide range of jewelry items, including watches, costume pieces, and trendy collections.

Customers who visit pawn shops have the expectation of finding deeply discounted prices. As a result, jewelry buyers at these establishments must factor in a profit margin when reselling the items. If you’re looking to sell your own jewelry, it’s advisable to obtain quotes from multiple pawn shops to compare prices and ensure that you receive a fair offer.

Pros

Get instant cash payment
Sell various jewelry, even estate pieces
No need to ship: visit the store

Cons

Potential for lower earnings compared to a jewelry store
Understand your jewelry's value before selling for a fair price

Auction Houses

If you're looking to sell valuable or rare jewelry, one option to consider is utilizing the services of esteemed auction houses like Sotheby's or Christie's.

These well-known auction houses have positioned themselves as central points for attracting serious collectors and investors, making them ideal platforms for showcasing unique and top-notch pieces.

One major benefit of selling through these auction houses is the potential to fetch lucrative prices for your jewelry items. The high-end clientele that frequents these auctions often has a willingness to pay a premium for exceptional pieces, and the competitive bidding atmosphere can drive prices up significantly.

However, it's important to note that auction houses typically charge seller fees for their services. The amount of these fees can vary based on factors such as the value of the jewelry and which specific auction house you choose.

While it's necessary to consider these fees, the potential for achieving high sale prices often outweighs the cost involved.

Pros

Chance for better-than-expected sale prices
Strong selling potential
Time-limited sales procedure
Reach diverse buyer audience: collectors, enthusiasts, investors
Sell multiple pieces in one event

Cons

Outcome uncertainty
Limited influence on final sale price
Chance of lower-than-expected prices with slow bidding
Significant auction fees and commissions are possible
Potential for prolonged auction duration

Consignment Stores

Consignment stores and pawn shops aren’t synonymous. When you bring your valuable jewelry to a consignment store, they showcase it until someone buys it. You receive payment once the sale is made, earning money when your jewelry sells.

Think of consignment shops as your personal showroom for jewelry. However, this privilege comes at a cost. Consignment rates can be quite high, sometimes up to 50% of the item's value. Before selling your jewelry at a consignment store, make sure to inquire about their specific rate.

It's important to note that there’s always a possibility that the consignment shop may decline to accept your jewelry if they believe it won't sell well. Even if they do decide to display and sell it on consignment, there's no guarantee that your piece will actually sell. In such cases where the item remains unsold, the shop will return it back to you without charging any fees typically.

Pros

Jewelry showcased in storefront
Typically no upfront consignment fee

Cons

Rates as high as 50%
Potential for extended waiting period

Gold Exchanges or Cash for Gold

In every city, there are numerous establishments that offer efficient and convenient ways to exchange your gold for cash.

These establishments specialize in purchasing gold with the intention of melting it down and reusing it in various forms. While they provide a swift and uncomplicated process for selling your gold, it’s important to be aware that their offered price may be lower compared to other options.

Their main objective is acquiring gold for recycling purposes, so they take into account the expenses associated with melting and refining the metal when determining the price they’re willing to pay.

Therefore, if you possess valuable or unique pieces of jewelry or sentimental gold items, it would be wise to explore alternative methods of selling that could potentially yield a higher price.

However, for those who prioritize expediency and simplicity over maximizing profit, these establishments can serve as a feasible solution for swiftly converting unwanted gold items into cash.

As with any transaction involving valuable assets, it’s recommended to conduct thorough research on different outlets, peruse customer reviews, and inquire about their pricing policies to ensure you receive an equitable deal when selling your gold.

Pros

Hassle-free selling
Fast and convenient
No minimum amount
Simple to liquidate
Secure and safe

Cons

Reduced price offers
Limited customer reach
Transparency absence
Possibility of undervaluing

Best Places to Sell Jewelry – Buyer’s Guide

6 Jewelry Tips to Get the Most Money

If you want to maximize your earnings when selling jewelry, whether it's through online platforms or local sales, here are some valuable pointers to keep in mind.

Be Informed on Your Pieces

If you’re in need of a quick sale, your choices for selling will be limited. However, if you can afford to wait, it’s wise to explore other options in order to obtain a higher price for your jewelry.

Pawnshops can provide immediate sales opportunities, but it’s recommended that you visit multiple shops in order to get an accurate understanding of what brokers are willing to pay for a piece similar to yours.

If you decide on selling your jewelry through an auction, online platform, or locally, it’s crucial that you familiarize yourself with the selling process so as not to be taken advantage of and receive a fair price.

If you choose to sell at a jewelry store, make sure that their buyback policies are clear and understood by parties involved.

Get a Professional Appraisal

Are you aware of the worth of your jewelry? Determining its resale value is crucial to ensure you don't get shortchanged. Understanding the value of your jewelry is a valuable tip when it comes to selling it, especially if you possess exquisite pieces like gold or diamonds.

To obtain an accurate estimate, consider seeking an independent appraisal. This will enable you to compare offers from different buyers across various sales channels.

While acquiring an official report from an independent appraiser may come at a cost, it can prove worthwhile as it allows for better returns on your sales. Many jewelers offer complimentary appraisals that can provide insights into the resale value of your pieces.

However, if you have concerns about underselling, it might be wise not to rely on the same source for purchasing and appraising your jewelry. By doing so, you can safeguard against potential undervaluation and make more informed decisions during the selling process.

Have the History Ready (If Possible)

Ensure that you have documented and prepared information about the history of the item you are selling so that you can share it with potential buyers. For instance, having purchase receipts and details about their origin will be beneficial for appraisal purposes.

If you don't possess any historical information, it is still possible to sell your fine jewelry. It would be wise to start keeping records of all your future jewelry purchases in order to have more information available for resale value assessment.

Buyers are generally more willing to pay a higher price for a piece of jewelry if it comes with a detailed history and an extensive appraisal report!

Be Very Detailed

When providing descriptions of jewelry, it is crucial to offer a high level of detail. Ensure you include information about the gemstones used, the cut of the stones, the type of setting employed, and more for various types of jewelry, such as rings, earrings, and necklaces.

If your piece is made from gold, specify its karat weight. To effectively describe your diamond necklace or amethyst earrings, mention their origin and provide details on how they were cut.

By offering this level of detail in your descriptions, you will enable potential buyers to have a clear understanding of what they are considering purchasing. These specifics will support any appraisals conducted and ensure that you receive an appropriate payment reflecting the true value of your jewelry.

If Selling Jewelry Online, Be Safe

Ensuring safety is paramount when engaging in local sales on platforms like Facebook or Craigslist. It’s crucial to exercise caution and refrain from sharing personal information, including your address. Trust should be established with the individual you are conducting business with.

Choosing to meet in a public place can significantly enhance your safety. Some police stations permit peer-to-peer sales within their parking lots as a protective measure for buyers and sellers.

It’s essential to be wary of wire transfers or checks that require mailing your jewelry item to an unfamiliar person, as this type of scam aims at defrauding unsuspecting individuals.

Wait for Better Offers

If you're not in a hurry to sell, it's best to avoid accepting the initial bid that comes your way. There may be several other offers waiting for you, and they might prove to be more favorable and worth the wait.

Auctions are helpful because buyers compete against each other. With each subsequent offer, the amount you earn will increase as bidders strive to outdo one another.

Even if you decide on the best place to sell jewelry locally through platforms like Facebook Marketplace or Craigslist, there's no obligation to accept the first offer that comes your way if it seems too low.

You can adjust the price according to your preferences or decline outright and patiently wait for a more appealing offer.

Best Places to Sell Jewelry – FAQs

Is It Worth Selling My Old Jewelry?

Selling previously owned jewelry provides an excellent opportunity to cover expenses, clear outstanding debts, indulge in personal luxuries, or create space for trendy replacements.

Recall the ring you've possessed for years but have never donned. Convert it into funds for your upcoming vacation! Nothing beats the satisfaction of selling unwanted pieces and relishing the resulting earnings in different aspects of life.

Is Selling Jewelry and Other Goods Online a Good Idea?

Selling your unwanted items online is a smart and efficient way to make money off of things you no longer need or desire.

By utilizing a trusted online company to sell jewelry, you can avoid the inconvenience of searching for, communicating with, meeting up with, and exchanging items with a local buyer.

For selling valuable jewelry like loose diamonds, diamond pieces, or gold items in person, you may feel more at ease doing so at a local store. However, it's worth noting that there are several reputable websites, such as Cash for Gold USA or Express Gold Cash, that offer secure shipping and tracking services for your jewelry.

Opting for a reliable company or website ensures that selling jewelry online becomes an excellent means of earning extra money from old diamond rings or gold necklaces that no longer hold value for you.

Bottom Line on Best Places to Sell Jewelry

Finding the best places to sell jewelry, whether online or locally, can be a daunting task, given the plethora of options available. However, the amount of money you can make from selling your jewelry depends on its quality and how quickly you can turn it into cash.

If you're searching for the best places to sell jewelry, rest assured that there are suitable venues for every type of jewelry. Our top recommendation is Cash for Gold USA due to its established reputation and reliability.

Alternatively, you can sell your fine jewelry through auctions or directly to local jewelry stores. It's crucial to obtain an appraisal beforehand so that you clearly understand how much your item is worth, particularly if it contains gold or diamonds.

Disclaimer: The above is a sponsored post, the views expressed are those of the sponsor/author and do not represent the stand and views of Outlook Editorial.