What to Know When You Want to Sell Jewelry

What to Know When You Want to Sell Jewelry

Date Published: March 30, 2024

There are some pieces of jewelry that are passed down for generations and stay with you your entire life. However, for some pieces, there comes a time to part with it. Whether you are in need of cash or want to trade in your old dusty piece of jewelry for something new, there are some things you should know before you make a listing on Craigslist or take a trip down to your local pawn shop.

Keep reading to learn the ins and outs of selling your jewelry and be sure to visit the La Jolla Gems website to learn how we can offer you cash for jewelry.

Five Things You Need to Know When You Sell Jewelry

The jewelry you own could provide quite a lucrative sum — if you sell it to the right entity in La Jolla. Don’t miss out on getting back less cash you deserve simply because you sold or traded your jewelry to the wrong person.

Avoid Pawn Shops

Pawn shops can be a treasure trove for shoppers looking for antiques, musical instruments, and other unique items of value. However, for the person looking to sell their jewelry, pawn shops may prove to be less lucrative. Due to a pawn shop’s overhead costs, the state and local resale market, and those who have already sold their jewelry to the pawn shop, you will likely receive less than you deserve: In many cases, you may be paid 30-60% of an item’s actual worth — and when you’re looking for cash fast, this is unacceptable.

Don’t Trust Online Entities

There are online entities who may seem like the best option for easy, fast cash. However, you may not get what you deserve. Online pawn shops, though possibly reputable, will most likely give you the same low return on your items as their brick-and-mortar counterparts. Additionally, many online entities will require you to send in your jewelry and do not give you any means of security — essentially, they could just take your item and you would have no way of tracking them down. Don’t be a victim!

Ebay, Facebook Marketplace & Craigslist May Disappoint

Ebay and other reputable means of selling online can seem like the easiest, fastest way to get rid of your items and get cash. Unfortunately, even though you may see some items on Ebay or other platforms going for multi-figure prices, you will probably experience a majority of those shoppers on those sites looking for rock-bottom deals. Additionally, some buyers will try to make you drop your prices, no-show, or even try to steal from you.

Selling It On Your Own Is Harder Than You Think

Many in the La Jolla area are do-it-yourself-ers — which for many tasks in life , works — but selling fine jewelry and reaping a profit, can be harder than you think. You not only have to deal with safety concerns, but you need to have all your bases covered including knowing how to identify counterfeit bills. Selling it yourself means you have to fund and invest time in every step of the process that would be taken care of by other selling opportunities like jewelry buyers.

Sell Jewelry to Jewelry Buyers

Selling jewelry to jewelry buyers and specifically, our jewelry buyers in La Jolla means that you get:

  • Get cash the day of the exchange
  • Professional and experienced jewelry buyers who respect you
  • Pressure-free environment — sell when is best for you
  • Can trade-in for something new instead of cash
  • Opportunity to work with a Top Rated Local® business in La Jolla

When you work with jewelry buyers, you get to work with professionals, who are certified to appraise your jewelry and who want to give you the cash that you deserve. You will get cash fast and have a stress-free experience. Additionally, if you would rather you can also trade your piece in for something in our inventory.

To learn more about working with our jewelry buyers, visit our website.

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