How to Sell Your Jewelry or Diamonds: Your Questions Answered (2024)

How to Sell Your Jewelry or Diamonds: Your Questions Answered (1)

There are many reasons people look for places to sell jewelry. Perhaps you have jewelry you no longer wear, that is out of style, or that you inherited. Today, many people regularly go through their possessions to free up space and find out if something collecting dust might be valuable.

So, if you want to know how to sell your jewelry or diamonds, here are some commonly asked questions and answers.

Where is the best place to sell jewelry?

Where can I go to sell my jewelry? There are a variety of options.

Some jewelry stores will buy jewelry, either for resale or for the value of the gemstones and gold or other metal. There are advantages to selling at a local jewelry store near you.

At a local jewelry store, you can speak directly to those who will be purchasing your jewelry. If the jeweler has appraisal credentials, you can be more confident in getting a fair price.

Other options may include: Pawn shops, which will buy gold and jewelry to resell. There are “buy gold for cash” places that buy jewelry for the value of the gold. You also can sell jewelry online, which usually includes sending images of the jewelry to get an estimate and then sending the piece to the buyer to receive payment.

Is getting a jewelry appraisal worth it?

While a pawn shop may offer quick money, taking the time to have a certified appraiser look at your jewelry can mean you’ll receive the right compensation for the value of your jewelry.

Does fine jewelry hold its value?

Many people wonder if jewelry and gemstones depreciate. Jewelry and gemstones generally hold their value. Gold and other metals’ value can fluctuate. These can be reused, however, as they can be melted down. Gems and diamonds can be reused in different pieces andin other settings. If your jewelry is of good quality, based on a qualified appraisal, it will hold its value and continue to be worth money for years to come.

How do you know if old jewelry is valuable?

It’s important to note that a skilled appraiser can offer a true monetary value for your gems and jewelry. The monetary value of your jewelry might not correlate with the emotional value. For instance, a family heirloom is cherished by your family, but it might not bring a high dollar return. On the other hand, sometimes people find their jewelry worth much more than they thought. Without an appraisal, you could over-value or under-value the jewelry you own.

Can you sell a diamond from a setting?

Yes, you can sell a diamond to a jeweler. Diamond rings are a commonly sold jewelry item. Old engagement rings (from former relationships), family engagement rings, and the like can be sold to a jeweler, who can then sell the gemstone separately or place it in a different setting. Be aware that the value of a laboratory-grown diamond may not hold value as well as a natural diamond. Values are based on the current market.

How can I sell my jewelry without getting ripped off?

Often people want to know how to sell estate jewelry, diamond jewelry, and used jewelry to ensure an honest and fair price. An unbiased appraisal will provide an educated assessment. Finding an accredited appraiser is the first step.

For those trying to determine how to sell jewelry, the best place to start is with an expert in gemstones and jewelry value who can offer an appraisal.

What is the best way to get jewelry appraised?

Independent Certified Gemologist® Appraisers (ICGA) and Certified Gemologist® Appraisers (CGA) of the American Gem Society (AGS) have the skills and expertise to offer valuation reports for jewelry. These appraisers have been educated in both gemology and methodologies of jewelry and diamond appraisals. All CGA and ICGA titleholders also must pass annual recertification exams to maintain this prestigious title.

Where can you find an appraisal for jewelry?

Are you looking for jewelry appraisal near you? One of the best ways to find an appraisal for jewelry is to start with an American Gem Society (AGS) jeweler. AGS is dedicated to building trust and confidence with the jewelry-buying public. AGS members aim to provide customers with the very best service and information available.

Not all AGS jewelers buy jewelry, so check with the individual jeweler. But with an appraisal, you’ll be assured you’re making good decisions and getting a fair price, wherever you choose to sell.

Use our handy Find a Jeweler tool to locate an AGS jeweler near you, or if you’re searching for an ICGA or CGA to appraise your items, use our Find an Appraiser tool.

How to Sell Your Jewelry or Diamonds: Your Questions Answered (2024)


What is the best way to sell jewelry with diamonds? ›

Sell to jeweler, pawn, or gold store

The easy way to get immediate payment, typically a similar amount to an online reseller. In most cases you'll receive the value of the metal and stones - sometimes a bit more. Small, scratched stones have little value.

How can I sell my jewelry without getting ripped off? ›

Here are the main steps you should take:
  1. Make sure you have an accurate appraisal of your jewelry before you commit to any sale. ...
  2. Research potential buyers or sellers thoroughly. ...
  3. Get everything in writing. ...
  4. Insure your shipment when sending items through the mail.
Apr 18, 2023

What to say when selling jewelry? ›

Every piece of jewelry has a story, whether it's the history behind a vintage piece or the craftsmanship of a new design. When selling jewelry, highlight these unique qualities. Talk about where the materials come from, the inspiration for the design, or any interesting details about how the piece was made.

How do I get the most money for my diamond? ›

Selling to a trusted diamond and jewelry buyer will ensure you receive a fair price for your jewelry and are 100% confident in your decision. Having a trained GIA appraiser evaluate your diamond ring will ensure you receive top dollar and the most value for your ring.

Who pays the most for diamonds? ›

Diamond Jewelry Consignment

Sotheby's, your best and most reliable resource for selling your diamond rings, necklaces, bracelets and other jewelry, holds the current auction record for the highest price paid for any diamond or jewel.

How much can you sell a 1 carat diamond for? ›

The average price of a 1 carat diamond is currently $4,399 (see price chart below). 1 carat diamonds can cost anywhere from $1,327 - $10,543 depending on the diamond's shape, color, clarity, and other factors. To see specific details on diamond pricing by shape see our 1 carat diamond prices table below.

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

For pricing and appraisals, selling to jewelry stores is better than pawn shops. Pawn shops have high overhead costs and typically resell items at a lower price. Jewelry stores have in-house master jewelers who can provide accurate appraisals and higher prices for your jewelry.

How can I sell my jewelry to make the most money? ›

Where to Sell Your Unwanted Jewelry
  1. So what are my top places to go to sell your unwanted jewelry? Here's what I recommend:
  2. 1 – Try resell outlets like EBTH or The RealReal.
  3. 2 – Try selling yourself on eBay or Poshmark.
  4. 3 – Try consigning with an auction house.
  5. 4 – Try an online gold buying company, like CashforGoldUSA.
Dec 30, 2023

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

Knowing The Value Of Your Inherited Jewelry

Before selling, you can get your jewelry appraised by a certified professional to understand what you have inherited. Note that jewelry appraisals do not reflect secondhand market prices, they often reflect insurance values only.

What is the best day to sell jewelry? ›

Around Mother's Day, Valentine's Day and Christmas are some of the best times to sell jewelry. People are usually more sentimental during these times. Therefore, they'll be more willing to pay a pretty penny for your valuables.

What to do before selling jewelry? ›

Start by getting certified jewelry appraisal. Let several jewelers evaluate it and ask for a purchase offer. Have an AGS trained Certified Gemologist® (CG), a Certified Gemologist® Appraiser (CGA) or an Independent Certified Gemologist® Appraiser (ICGA), recommend an accurate replacement value.

Does Zales buy old jewelry? ›

Colored gemstone jewelry items and Previously Owned Treasures are not eligible for trade-in. We guarantee that the item you trade will be valued for trade in at Zales at 100% of its original net purchase price. Trade-ins of in-store and online purchases are accepted at most Zales locations.

How to sell diamonds fast? ›

Pawn shops can be a quick way to sell your diamond, but they usually offer lower prices than other options. They're best for those who need cash immediately and aren't too concerned about getting the highest price.

Can I sell diamonds without a certificate? ›

However, it may be the case that you've just lost the original certificate, or your diamond never came with one. In this case, there's no need to worry - a certificate is not needed to sell your piece and jewelers will still be interested in buying your diamond at a fair price.

What are diamond prices today? ›

Index Selection
Price IndexPrice (USD)
0.9 Carat Diamond Prices All $3.17K / +1.7% Range $3.1K - $3.19K$3,172
1 Carat Diamond Prices All $4.4K / +2.49% Range $4.27K - $4.45K$4,399
1.5 Carat Diamond Prices All $9.25K / +1.95% Range $9.05K - $9.32K$9,251
2 Carat Diamond Prices All $18.7K / +2.67% Range $18.2K - $18.7K$18,660
10 more rows

What percentage do jewelers pay for diamonds? ›

While the factors above all influence the resale price of an engagement ring, in general you can expect to get 20-45% of the original retail price. If you sell your ring to a jeweler, this number will be affected by their markup. Larger stores will likely have a higher markup than your local independent jeweler.

How do I get the most money from selling jewelry? ›

Consider Jewelry Consignment

If you want to get the most money when selling your jewelry then jewelry consignment is a fantastic option. At Diamond Exchange Houston we offer a jewelry consignment program. Customers will leave their jewelry with us to sell for them.

Are diamonds worth reselling? ›

Resale Value: The resale value is how much you will get paid if you decide to sell the diamond. As a result of the retail mark-up and the decline in diamond prices, the resale value is typically well below what you paid. Indeed, diamond jewellery will typically resell for 25% to 50% of the purchase price.

Should I remove diamonds before selling gold? ›

You should discuss with the buyer that they want to buy jewelry with stones or without stones. If they don't want to buy it with stones then you should remove them and if they want to buy jewelry with stone then include the cost of stones as well in jewelry price.

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