Sell Your Diamond Bracelet Today
Last updated: March 03, 2020
If you’ve been searching high and low for a smart, easy way to sell bracelets that you’ve stopped wearing, we’re here to help. Offering personalized service that provides a streamlined, worry-free experience, we make it simple to sell bracelets and more.
- Why sell your bracelet with Worthy?
- How to sell your bracelet
- What factors impact your bracelet’s value?
- Places to sell bracelets
- How to get a fair price for your bracelet
Why Consider Selling Your Diamond Bracelet with Worthy?Worthy’s personal services and unique auction platform make us stand out from the rest:
- Better offers. Multiple buyers are eager to compete for your bracelet, making it easy to sell for more.
- Fast, simple process. Worthy helps you sell your bracelet on a platform that stands out for its convenience, speed, fairness, and simplicity. Cleaning, grading, and photography are essential components of every sale. Simply schedule secure FedEx pickup at a time that’s convenient and we will handle the rest, ultimately offering your bracelet to our worldwide network of professional jewelry buyers.
- Your jewelry is covered with up to $100,000 in insurance from reputable providers. When you send your bracelet to Worthy for auction, we provide you with a prepaid, fully insured shipping label that protects it with up to $100,000 in coverage that continues until your jewelry is sold.
- Complimentary grading for every diamond. Understanding what you have is essential to obtaining a fair price for your bracelet. When you sell with Worthy, all diamonds are graded at a leading gemological laboratory such as GIA.
- Work with a dedicated account manager. Your Worthy account executive answers your questions and walks you through each step of the sales process so that you never have to wonder. You receive updates as the auction proceeds and you always know where your bracelet is and what is happening with it.
How to sell Your Diamond Bracelet the Smart Way
- Submit Your Item. Tell us about your bracelet. We ask you to provide basic information such as what type of precious metal it is made from, whether there is a precious stone setting, and if so, the shape and carat size. Afterward, we let you know if your bracelet is suitable for auction.
Secure FedEx Pickup. We’ll provide you with insurance for up to $100,000 and a prepaid shipping label addressed to our headquarters.Luxury Item ProtectionWorthy provides up to $100,000 in insurance coverage for every shipment. We trust Lloyd's of London, a global leader in insurance since 1688, to protect all valuables auctioned on our platform.Click here for more about our item protection policy
Grading and Auction Preparation. Once your bracelet arrives at our offices in New York, it is cleaned, professionally photographed, and sent for a complimentary diamond grading at a top gemological lab, such as GIA, so that you know exactly what you have.100% Seller ProtectionWe only trust the best diamond grading lab in the world, GIA, to grade valuables prior to auction. Diamonds sold with GIA grading reports are considered more valuable and can command higher prices.More About Our Seller Protection Policy.
Auction. Professional jewelry buyers are invited to bid on your bracelet based on the flawless photographs and detailed report. You are able to watch the auction map live as the bids roll in.
- Get Paid. If the highest offer meets or exceeds your reserve price, you get paid almost immediately. If not, you have the option to have your bracelet returned to you free of charge and fully insured.
What Determines Your Diamond Bracelet’s Value?There are several factors that go into determining the resale value of a bracelet:
- 4Cs: If your bracelet contains diamonds, these will be graded and Cut, Color, Carat, weight, and Clarity will be taken into consideration. The better the diamonds, the more valuable your bracelet is likely to be.
- Brand: Some jewelry brands are worth more than others. If your bracelet is from a top jeweler such as Tiffany, Harry Winston, or Cartier, it’s probably worth more than a similar bracelet without luxury branding. It’s worth noting that value associated with certain brands can change over time.
- Shape & Style: Different types of bracelets and different diamond shapes go in and out of style, and those that are currently on trend are likely to fetch more than those that aren’t. This doesn’t mean that a bracelet isn’t valuable if it isn’t trendy – it simply means that fair market value increases when a certain style and/or diamond shape is in demand.
- Age: Some antique and vintage bracelets fetch impressive offers, so don’t hesitate to put an older bracelet up for auction if you aren’t interested in wearing it.
- Condition: When selling a bracelet, condition makes a difference. Buyers offer more for bracelets that are in good to excellent condition. If your bracelet contains diamonds, buyers are often willing to overlook issues such as scratched or worn settings as the stones add value.
Recently Auctioned Bracelets:
Places to Sell Diamond Bracelets:You have quite a few options when it comes time to sell a bracelet that you no longer wear or want. Of the following choices, Worthy is smartest – and safest.
- Consignment shops – Many consignment stores are happy to sell jewelry, however sellers often find that the process can be time-consuming as well as expensive. The sales process can take weeks or even months, and average consignment shop charges its consignees a fee amounting to 20 to 50 percent of the selling price, meaning you get just 50 to 80 percent back.
- Jewelry stores – Some jewelers are interested in buying secondhand bracelets – but only if they are in excellent condition, and only if the style is currently on trend. Sometimes jewelers can offer fair market value but most offer prices that are closer to wholesale, partly due to costs associated with doing business at a retail location and partly because that’s what works for their business model.
- Pawn shops – If you are in a financial crisis and you need cash immediately, a pawn shop may represent the best option. Pawn shops provide instant payment and since they are well-regulated, most are safe. There’s a big downside, though: Just like jewelry stores and consignment shops, pawn shops must turn a profit. This means offers are normally far below fair market value.
- eBay – Scammers run rampant on eBay, and buyers are wary of sellers who don’t already have stellar reputations. Worse yet, the odds of making a sale is slim – just about five percent of diamond jewelry offered on eBay sells. Even though it’s true that you get to set your starting price, buyers are in control – either placing lowball bids or not making offers at all. Since scammers target sellers as well as buyers, be sure to use eBay’s safety procedures if you opt to sell your bracelet there.
- Worthy – Other formats put you in charge of cleaning, photographing, describing, and authenticating your bracelet before, packing it up, paying for insurance, and handling the costs and logistics of shipping it to your buyer. Worthy handles these vital details on your behalf. Worthy is secure and safe, and proudly boasts an A+ rating with the Better Business Bureau. Additionally, your bracelet is covered by prepaid insurance for up to $100,000 from the moment FedEx picks it up to the moment we send it to the buyer. You are updated as the pre-sale process and auction proceed. At auction’s end, you have the option to decline the final bid if it fails to meet your expectations, at which point we return your bracelet at no cost. The process takes an average of two weeks or less to complete and when the sale is made, money is transferred securely to your account.