Make the most of old gold jewelry by selling it! Gold and gemstones are valuable and can provide a nice and unexpected source of funds. However, selling something as valuable as jewelry means knowing that the transaction is safe and that the fair value of the items has been honored. Jewelry appraisal is a necessary step before selling, verifying the credentials of the appraisers by checking them with The American Gem Society or another reputable organization. You may even be able to get assistance from your appraiser, who might know where your items will be most wanted. While selling jewelry in person at a store may be the best way to get a good price, some online places make the process easy by checking the appraised value against the current market. Depending on how much time you have and what you’re willing to accept, you can choose from among many legitimate venues to sell your jewelry. The top three places to sell jewelry include eBay, Etsy, and Worthy.com. Read on to find out more!
eBay is not a site which is geared toward specific kinds of buyers, but it is one of the most popular and trusted places to buy and sell a variety of items on the internet. For no listing fee, users can put up to 50 items up for sale, and additional items are very inexpensive. There are over 160 million people who use eBay, giving users another huge built-in audience. You have the advantage of being able to ask for a minimum selling price while using the auction format to try to find the highest price possible, and build shipping into the final price of the item.
Etsy may seem like a surprising place to sell jewelry, but the main reason people should consider this is that many people consider Etsy the number one site for selling anything homemade. There are over 30 million Etsy buyers in countries around the world, which gives sellers an enormous built-in audience. It may seem like a downside that the competition may be stiff, with almost two million sellers but a unique item could be popular in a place which encourages beauty and individuality. As far as what you pay as a seller, there is an initial listing fee and then there are no additional monthly fees. Sellers are also able to keep an item up indefinitely if it doesn’t sell right away for no extra cost.
Using an auction platform, Worthy.com takes jewelry that has already been graded by trusted advisors on its network to sell to a pool of competing applicants. There is a set process during which items are securely picked up and shipped to headquarters to be bid on based on photographs and a detailed report. If the highest offer doesn’t meet the minimum required price, the jewelry is returned free of charge.