Anyone Ever Sold Their Jewelry Before? ...Trying to sell mine... how do I do it?

I used a local jewelery store to sell mine a couple of years ago.
The reason you get less is because they are going to resell at profit.
Say your selling a ring you paid $100 for and that is what it is worth.
That is also what they will try to sell it for so naturally they are going to give you less.
As far as I know all appraisals cost.

I'd say you have two choices.
Try a jewelery store that buys and if you are satisfied with the offer take it.
If not get the pieces appraised and try ads in local papers or want ad digest's.
Also check with any local pawn brokers, many will buy out right.

I used to own a consignment/thrift store in the 70s,but I don't think the method/prices have changed that much,esecially with jewelry,its like real estate at the moment, a buyers market.
We used to get a value for the items then offer about 25%.
If they took it, more margin for me, if they didn't I have room to bargain. If the buyer is really interested,he will usually go up to about 50% of the value,but in reality cannot go much higher because they have to be able to sell it for less than its worth and still make a profit.

Now recently my wife took her old jewelry to a pawn shop and she got a little over $100 for it. She said it was things she had accumilated over the years like one piece of a set of earrings and such,so she was happy with the price.
And as long as she wasn't getting rid of anything I got her over the years, I didn't care.

I have no idea what CL is? I am a noooob... and I don't create webpages at this stage... unfortunately...lol.

50% of the price is a rip... really. For the price it cost...? cheez.

No, it just sounds like a rip. You have to understand that there is a difference between cost and value. Sometime they are the same, but usually not.

As far as what CL is, its Craiglist.

If you get 50% you are doing awesome. You usually will get only the raw value of the metal and stone - stones can range wildly, and don't forget your metal isn't pure. Unless you are selling valuable antiques, second hand prices are always low. It's always been like that. Your best bet is CL (craigslist) or your local newspaper. You can sell to another person for a lot higher price than any shop of any type will give you for it.

Oh wow... has anyone here used craigslist? does it get spam like kijiji...?

and I have honestly never used ebay before... and my idea of ebay (correct me if I am wrong), is that people bid on it, and technically someone could buy it for just 1$... if no one else bid on it?

Or you can set a minimum bid? what's the deal there? I've never used ebay, only seen what it looks like... so I have absolutely no idea how that works either?

thanks


LOL.... I made an ad on craigslist. will see how that works.

On ebay you can set a reserve amuont at whatever you like. Start the auction at $1 but are under no obligation to sell it until it hits your reserve amount. Or you can just set a price as buy it now and they have topay that amount if they want it.

If the necklace is gold you should be able to collect good money for it with the price per ounce as high as it is. I sold a braclet I haven't worn in 10 years for $375 early this summer and gold is up since then.

Hi i'm come from asia, we have same question, i never selling jewelery via online, may be we can discuss for make some solution , also not forget about problem with shipping and goverment tax??pm me please?
did you have tried amazon or ebay, maybe is more good for this trading... but i still dont know about the probability..

Don't bother with Craigslist unless you have time to handle mountains of spam. eBay is okay but not the route I would take.

HeySal said it best: you'll never be able to sell your jewelry according to its value as a piece- even if it is antique. In today's precious metals markets, only the value of the gold, silver, and platinum really matters. Unless you've got an amazing diamond or a rare ruby, no one is going to be interested in the stones.

Your best bet is to take it to a local gold dealer or jewelery store and ask how much they'll pay for the scrap metal. That way, you'll get an idea of the quality of the materials, the weight and the approximate value.

Jewelry is already marked up at around 100% by the time you get it retail, so that $1000 value probably isn't what you really think it is.

I have successfully sold gold and silver on ebay, but you have to know what you've got and how much it weighs in distinct materials- some pieces use a combination of metals and you have to account for those in order to be able to sell it correctly without ending up in a dispute.

Just go local, be prepared to take it in the @$$- 50% is not going to happen, unfortunately. If you're in a metro area you can also find a straight-up metals dealer. Whatever you do, DON'T sell precious metals to one of those "Cash for Gold" online places. Total scams.

This thread is a year and a half old.
I hate when someone revives a thread like this for no apparent reason.

I didn't notice either and in fact have never looked at the dates of any posts......

I guess its a curse to have a good memory! I remember threads the first time around so I usually notice when one comes back. Sometimes they arebrought back for a good reason,but usually they are brought back by nonsensical replies.