Curious about where the best place to sell your jewelry in the Greater D.C. area? Whether you are looking to sell a piece of diamond jewelry, fine jewelry, or a luxury watch, here are our recommendations for the best deal, plus what places to avoid.
Where to Sell Jewelry in the Greater D.C. Area
Traditional Routes: Pawn Shops, Consignment Stores, and Jewelry Exchanges – You can find plenty of pawn shops, consignment options, and jewelry exchanges throughout the greater D.C area. They are conveniently located and many offer on-the-spot payment. However, these options were created to offer fast payments, but that doesn’t mean high payments. If you are looking for fair market value, you need to visit an institution with in-house experts who understand the value of your item.
Global Jewelry Buyers with a Local D.C. Presence – Jewelry buyers tend to know more about how much items are worth due to their familiarity with the market. One example is the global buyer CIRCA, which has offices all over the world, which gives them plenty of jewelry expertise and market knowledge. CIRCA has two locations in the Greater D.C. area, one in Bethesda and the other in Tysons, where you can make an appointment to have your items evaluated. After the evaluation, the CIRCA buyer will make you an offer then and there for your jewelry. It’s fast, simple, and you earn more.
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Luxury Online Auction Platforms – An alternative to traditional routes and jewelry buyers is an online auction platform. Worthy, for example, is a selling partner for individuals looking to sell diamond jewelry, loose diamonds, and luxury watches. Their process takes a little longer but gives a higher payoff. To start, Worthy will help you securely ship your jewelry to their office in NY, where it will be cleaned, photographed, and sent for third-party grading. Then a member of Worthy’s team will work with you to set up an auction listing and then it’s time for your auction to begin. When the auction is complete, you get paid within a matter of days. Not only does Worthy do all of the legwork of finding the right buyer, you also receive multiple high offers on their platform from professional, vetted jewelry buyers, resulting in a better deal for you.
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Frequently Asked Questions About Selling Jewelry in the Greater D.C. Area
How do I sell unwanted jewelry?
When looking to sell unwanted jewelry, look for establishments that employ professional, experienced jewelry professionals who understand the market value of your items. While local jewelers can certainly be trustworthy, their business is selling, not buying, jewelry. Therefore their offers will often be below market value. CIRCA and Worthy are two businesses centered on purchasing jewelry and offering sellers true market value, which is assessed by the professional jewelers they have on staff. If you live in the Greater D.C. area, you can visit CIRCA’s local office or sell from the comfort of home with Worthy.
Where do I sell jewelry to make the most money?
Look for a trusted buyer or selling partner to make the most money for your jewelry. While on-site reviews can make businesses look good, third-party reviews from sites like Google Reviews or Trustpilot are the most reliable. Both CIRCA and Worthy have hundreds of 5-star reviews on Trustpilot which you can view for yourself to find the safest place to sell your jewelry for the most money in the Greater D.C. area.
Is it profitable to sell jewelry?
Yes, you can certainly make money by selling your old jewelry. The resale market for jewelry is different from the retail market and you are unlikely to receive the price or a loved one originally paid for the jewelry. However, since unworn jewelry isn’t earning you anything by sitting in a drawer, selling it will certainly make a profit, especially if you sell with experts like Worthy or CIRCA.