The Complete Guide for Selling Your Diamond Jewelry in Boston
Last updated: May 30, 2019
Keeping one’s precious jewelry for life is no longer a foregone conclusion. Many women, and men as well, are reluctant to let their unworn jewels collect dust. Instead, they are increasingly choosing to sell the pieces in their collection that are no longer special. However, in the face of this new perspective, the industry has demonstrated a frustrating lack of flexibility. It’s still prohibitively difficult to find a fair market price on one’s used jewelry. Jewelers have no incentive to offer a fair market price, so they won’t. Traditionally, resale was for those who would gladly accept pennies on the dollar even for their most precious diamonds. While this was formerly the case, the introduction of Worthy to Boston makes it easy for residents to flip the script on the old ways.
Now, Bostonians can go to a Worthy partner jeweler, or use our online auction platform themselves. This gives them access to a robust secondhand market, while they receive the same service expected from their favorite local boutique dealers. We can accomplish this with a completely secure process for shipping, grading, photography, and more – all on our dime. Learn below about how you can turn your old diamonds into the cash for a vacation, home improvement project, investment or even a secondary education.
Great website, super fast sale and great people to work with.
Francesca Ruini · Yarmouth Port, Massachusetts
A Diamond Ring
Where Can I Sell My Jewelry in Boston?
The old options are all still there, but they are beginning to look less favorable next to Worthy’s services. Why go to a local pawn shop or broker, when we have trusted partner jewelers in Boston? Better yet, take control on your own and auction your old diamond ring on the Worthy.com auction platform. Regardless, there are many choices available.
Local Boston Dealer: The local shops, even nicer boutiques, have little incentive to take you seriously when you come to sell your used jewelry. In fact, many simply can’t offer a fair price because they don’t have the demand to justify it. Accounting for overhead, most local jewelry outlets focus on the sale of new items that have been marked up. They only have an incentive to make an offer if it will be at an enormous discount and help protect their margins.
Worthy Jeweler: Check and see if any of Boston’s best jewelry shops work with us. Chances are, we’ve already made headway into your local market, and have introduced our special platform to a select number of partners. These shops have access to our wide buyer network, which broadens their own reach considerably. With the help of our services, this ecosystem gives sellers the power to verify the authenticity of the item being auctioned, and buyers the opportunity to find (and bid on) exactly what they want.
Worthy.com: Using the Worthy auction platform makes it easy to sell your diamond jewelry safely from your own home. We pay for insured shipping for your item to our headquarters, where we grade it professionally, give it a glamorous photoshoot and then let you control your own comprehensive auction listing. The process is entirely secure and transparent, and takes little effort.
Build Your Dreams in Boston
Bostonians are proud patriots, and live in a city with roots in American independence. However, few people know (or like to mention) that the city derives its name from Boston, England all the way across the pond. A place where people found freedom after escaping to the colonies, Boston is home to many “firsts”, including the first public park: Boston Common. This small strip of greenery, walled in by the city’s legendary brick façade, was first established in 1634 – over 100 years before the country earned its independence. Another is the first chocolate factory in the US, and yet another record (though a strange one) was the first molasses-related disaster in the world. Early in 1919, a tank holding 2 million gallons of molasses exploded, drowning the neighborhood in sticky, sweet goodness and injuring hundreds.
Molasses is important for another reason as well. It’s the main ingredient in the city’s primary delicacy: Boston Baked Beans. Since their culinary inception, this savory treat has become a staple at barbeques across the country. It’s also a common side dish during Thanksgiving, a holiday that was celebrated for the first time ever in Plymouth, not far from Boston. Since the pilgrims survived that fateful winter with the help of the Native Americans, the area became a logging capital for the new democracy and flourished. If one looks close enough, it’s even possible to see a small golden pinecone, symbolizing the industry, atop the capitol building’s golden dome.
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.
The city shows its wealth in other ways as well. Being a home to millions of residents, Boston attracts people who want to display their good fortune with a fine watch or diamond ring. There is a plethora of shops in the Financial District of Boston, and some of them may even work with Worthy. Here, Bostonians can finally unlock the value potential in their old, unworn jewels.
How to Sell with Worthy
- Find Out Trending Price: Describe your diamond jewelry, and Worthy will show you how similar items auctioned online to give you an idea of its value.
- Schedule a FedEx pickup: Worthy will prepare a FedEx shipping label for your jewelry. Your jewelry will be 100% insured against theft, loss or damage while in transit to our headquarters.
- Grading & Auction Preparation of Your Jewelry: All jewelry on the Worthy auction platform is graded at GIA labs or at GSI. This results in an e-report. Next, the jewelry will be photographed in high definition from every possible angle. This provides potential buyers with all the information they need to make an informed decision during the auction process.
- The Auction: Worthy invites interested jewelry buyers to place bids on your high-end jewelry. The GIA or IGI report presents buyers with the technical specifications of your jewelry. During the auction, jewelry sellers can watch the auction map live to see the bids coming in.
- Claim Your Payment: If the highest bid meets or exceeds the minimum reserve price set for your jewelry, you will get paid ASAP. If not, you may request to have your jewelry returned to your address free of charge.
How Do I Get the Best Price on My Diamond Jewelry?
Going to a dealer to sell your used jewelry will likely not result in an equitable offer. This is because these establishments rely on the “buy low, sell high” model, and only focus their efforts towards the local vicinity. They also prefer new jewelry because they can be sure of the piece’s quality and source. When faced with a used item, they rarely will invest the time to verify its authenticity, because they know they can only afford a low ball offer anyway.
Working with Worthy, whether online or through a buyer in our network, produces better results. We introduce free shipping, insurance, professional grading and photography to our vast network, creating a healthy market for resale. With Worthy, both buyers and sellers flourish, reaching beyond their local markets for better pricing opportunities.
Our buyers are all trustworthy and are vetted by Worthy diamond industry experts on a case-by-case basis. Once their solvency, knowledge, and experience has been proven, they can begin browsing the auction platform for items like yours. Moreover, they can be confident in the quality of what they’re evaluating, and will place bids accordingly. These buyers mostly like to see diamond jewelry like rings, necklaces, earrings, watches and the like. Loose stones also garner interest. To see for yourself, check out Worthy.com today.
HOW TO SELL ESTATE JEWELRY IN BOSTON
If you are looking to sell estate jewelry in Boston, there are a few good options available. There are some reputable estate jewelry buyers in Boston however you may benefit even more using a local jeweler in the Worthy network, or even selling your estate jewelry from the comfort of your own home on Worthy.com. The success advocates at Worthy will assist you in understanding the value of your estate jewelry and selling it with ease.
Why Trust Worthy?
Our careful formula relies on objectivity, transparency, and security to succeed in disrupting the jewelry market status quo. Worthy provides a way for consumers to safely field offers on their used diamonds from trusted buyers, all from the comfort of their armchair.
Objectivity: With a verified grading report from the professionals at GIA and GSI, plus a series of high quality granular photos, buyers have no reason to offer anything less than the market price for your jewelry. No longer are they able to take a subjective stance when negotiating prices. Now, the most professional buyers can trade openly with individuals for their old, precious diamonds.
Transparency: The familiarity of dealing with your favorite local jeweler is hard to part with, but we at Worthy have created a transparent system that allows you to remain in control. From shipping to auction, sellers are constantly kept in the loop about their item, and can act however they wish, whenever they like – even if it means cancelling the auction.
Security: The jewelry you auction via Worthy is guaranteed safe during the entire process, from the second it leaves your hand to the moment it arrives at the buyer. We pay for fully-insured shipping, transportation, and more to ensure the safety of your precious items. Our goal is to treat your jewelry like it were ours, and so far, this approach has succeeded in creating a reliable, airtight system for supporting buyers and sellers alike.
Our buyers are most interested in diamonds, whether they be loose stones, or embedded in beautiful rings, earrings, bracelets, necklaces or other piece of jewelry. Watches also garner lots of attention on our platform, and if you’re unsure of the kind of attention your piece will receive, we recommend browsing the site to find out. Explore Worthy today, and imagine what you can accomplish with our help.