The Complete Guide for Selling Diamond Jewelry in Austin
Last updated: March 18, 2020
More and more women are looking to sell diamond jewelry that has lost meaning to them or that they no longer find useful. Whether it is an engagement ring or a diamond necklace that has lost its shine, selling it can result in a sizable sum. With the money from selling diamond jewelry, people can finance educational courses, vacations, home improvements, and more. If you are in Austin, Texas and looking to sell jewelry nearby, there are many options available.
A Bit About Austin, Texas
The capital of Texas, Austin is the 11th-most populous city in the U.S. and the 4th-most populous in Texas. It is currently the fastest growing large city in the United States. As the population swells, more and more large companies and tech firms have set up shop there, such as Amazon.com, Google, Intel, Texas Instruments, Whole Foods and more. Austin is now even being called “Silicon Hills”. With all those workers, of course, entertainment is key. Good thing Austin is also known as the live music capital of the world with 2,000 known bands/musicians and 200 venues. With all that Austin has to offer, a number of celebrities come to hang out and enjoy it all including Sandra Bullock, Ryan Gosling, Elijah Wood and even Led Zeppelin frontman Robert Plant apparently likes a good haggle at his local Whole Foods.
Where to Sell Jewelry in Austin
Local Austin Jeweler - This option has been around for a long time and is generally a trustworthy way to sell jewelry. Selling with a local jeweler does, however, come with limitations. Factors such as the resale market, conflict of interest and a limited number of wholesale buyers can contribute to low offers from local jewelry buyers. If you are seeking a fair market price for your diamond jewelry, you may want consider the alternatives.Online - If you prefer to sell your diamond jewelry without even leaving your home, you can head to Worthy.com and we'll take care of the rest. With this option, you can get a free estimate, fully insured secure shipping, GIA grading, professional photo shoot and access to hundreds of diamond buyers willing to compete for your diamond jewelry. Just tell us what you can about your diamond jewelry and we'll do everything we can to get you more.
The Easiest Way to Sell Diamond Jewelry in Austin
If you prefer not to go the local route, you can easily sell diamond jewelry online with Worthy. With Worthy, shipping, grading, insurance and buyer outreach is covered.
How Does the Auction Process Work?
- Tell us about your diamond jewelry. Using the details you give us, we will search similar items sold on our platform and present you with a trending price.
- We arrange a safe and secure FedEx Pickup of your diamond jewelry so that it can be graded at GIA or GSI labs located near our New York headquarters. Every shipment is covered with up to $100,000 in insurance coverage.
- While your jewelry is at our headquarters, we take HD photographs and upload them to our platform along with the grading report. At this point, you will be assisted in setting a minimum price before the auction begins.
- All diamond buyers in our network are invited to compete for your item and you can watch as the auction unfolds.
- At the end of the auction, you are presented with the highest bid. If the highest bid meets or exceeds the minimum price, the funds are transferred to you. If the highest bid does not meet the minimum, you have the option to request the return of your jewelry fully insured, free of charge.
How Do I Get A Fair Market Price When Selling Jewelry?
For starters, try not to limit yourself to one buyer. More buyers means more competitive offers that can work in your favor. Reaching more local jewelry buyers, while beneficial, can take a considerable amount of effort. That is why you may want to utilize a website that will help you reach more buyers in less time.
100% Seller Protection
Consumer confidence is of utmost importance to us here at Worthy. That is why, one of our first steps was to be accredited and graded by the BBB. Like them, we uphold the value in transparency, honesty, and legitimate business practices.
More About Our Seller Protection Policy.
As in many situations in life, knowledge is power when selling a diamond or diamond jewelry. The market is simply not in favor of the everyday consumer looking to resell their diamond. Jewelry markups are high and the information is limited. For example, when buying jewelry at a store, the total carat weight of the piece is listed, not the carat size of the main stone. The carat weight and characteristics of the largest diamond is the most important factor in the overall value of a piece. In order to know the most about your diamond or diamond piece, a GIA or GSI lab grading is imperative. These labs are industry leaders and provide you with the most objective information about your diamond. If you come to a jewelry buyer or jeweler with this information, you are more “armed” than most individuals and have a better chance at a fair offer.
Recently Auctioned Items:
HOW TO SELL ESTATE JEWELRY IN AUSTIN, TEXAS
If you are looking to sell estate jewelry in Austin, there are a few good options available. There are some reputable estate jewelry buyers in Austin however you may benefit even more by selling your estate jewelry from the comfort of your own home on Worthy.com. The team at Worthy will assist you in understanding the value of your estate jewelry and selling it with ease.
Why is Worthy the Best Place to Sell My Diamond Jewelry?
Worthy is an online auction platform run by experts in the jewelry field, who are fully dedicated to your success. The end-to-end service we provide is fully insured and backed by the Better Business Bureau, with whom we are proud to maintain an A+ grading. When it comes to protecting your diamond jewelry, we trust the best in the business such as Lloyd's of London, Brinks and UPS Capital Insurance. From shipping, to grading, to final sale, we’ve got you covered. Along with protecting your diamond, we also work to secure high offers for you! A grading from an industry leading lab and HD photos are just some of the ways we invest in the successful sale of your diamond jewelry. The level of service we offer is unparalleled and aimed at getting your more for your diamond jewelry.