The Complete Guide for Selling Your Diamond Jewelry in Dallas, Texas
The local market to sell your jewelry in Dallas, Texas has never been hotter. Whether they are selling a diamond ring, necklace, or other jewelry, people are clearing out their old jewelry. And they are using the money they earn selling their jewelry towards valuable purchases that improve their lives.
Due to current market trends, the value of diamonds on the secondary market has never been higher. In this article, we’ll look at the current landscape of the market in Dallas, Texas and help you decide if selling a piece of diamond jewelry you own is the right move for you.
ABOUT THE DALLAS, TEXAS LOCATION
Dallas, Texas is the ninth most populous city in the United States and a major economic hub. The city's prominence arose from its historical importance as a center for the oil and cotton industries, and its position along numerous railroad lines. As of 2020, the population of Dallas is roughly 1.4 million people.
Many notable celebrities like Nick Jonas, Luke and Owen Wilson, Usher, Clayton Kershaw, Drew Brees, Robin Wright, and Erykah Badu are originally from the Dallas area. But these personalities aren’t the only shining stars from Dallas. The area has many business and commerce stars as well.
Local Dallas Economy
From its beginning, Dallas has been a center of commerce, and today trade remains a core of the Texas economy. The city ranks among the top wholesale markets in the United States for apparel, gifts, and furniture. It also hosts many trade shows each year.
The Dallas Market Center Complex covers 150 acres in the northwest sector of the city. It houses the World Trade Center, Dallas Trade Mart, Market Hall, Apparel Mart, Menswear Mart, Home Furnishings Mart, Decorative Center District, and Infomart.
A leading fashion center with a long standing, Dallas is renowned not only for the manufacturing and wholesale of apparel but also for its fine retail stores, such as Neiman Marcus which has its headquarters there.
The city is also home to dozens of jewelry stores: from local Texan fine jewelers like Kendra Scott, to nationwide jewelry retailers like Helzberg Diamonds and worldwide premium brands like Tiffany & Co.
SELLING YOUR JEWELRY IN DALLAS, TEXAS
Selling your jewelry, whether it is a diamond ring, earrings, bracelets, or something else, is not always easy in the local Dallas marketplace. Most local jewelry buyers including pawn shops, consignment stores, or independent, mom and pop local jewelry shops, are not going to pay you top dollar market prices for your jewelry.
The reason for this is quite simple. They are not in the jewelry buying business. They are in the jewelry selling business. They earn profits by buying jewelry for low prices and then selling it for as much as they can get.
As a result, they are looking to pay the lowest prices possible for your jewelry. This is less than ideal for the person who is trying to sell their jewelry and get the most money on their sale. While a jewelry seller will never get anything close to the original retail price they paid, they still want to maximize their cash earned on the sale.
As a result, selling your jewelry in the local Dallas marketplace may not be the best move for you. But there is an alternative: selling your diamonds online. When you sell your diamonds online, you can be anywhere in the United States - from Dallas, Texas to Austin, Houston, Jacksonville, Florida, and even New York, New York.
But even online, it can be difficult to find the right marketplace in which to sell your diamond jewelry. Just like selling in the local Dallas market, it is difficult to sell your jewelry on a site like eBay, Facebook Marketplace, or craigslist and expect to get top dollar for your jewelry. So what is the best solution?
Introducing Worthy: The Best Place to Sell Your Jewelry in Dallas, Texas
Worthy is an online jewelry selling partner that helps you get the most money for your diamond jewelry. Not only that, but we will help you do so quickly, safely, and with ease right from your home in Dallas, Texas. The process is simple and the best way to get top dollar for your diamond.
People are often nervous when it comes to selling something as valuable as a diamond online. But there’s no need to be when you choose to sell with Worthy. The jewelry auction process at Worthy is user-friendly and completely secure. Here’s how it works:
How To Sell Your Diamond Jewelry with Worthy
The first step is to provide us with information about your diamond jewelry. You describe the piece and can even upload photos so Worthy can see it and help determine whether it qualifies for our action service.
If the jewelry does qualify, we will send you a fully insured, prepaid shipping label from FedEx addressed to Worthy’s headquarters in New York City. The process is completely safe and secure and insured through brokers at the famous Lloyd’s of London.
Once the item is received by Worthy, we have it evaluated and officially graded by a certified industry association such as the famous industry-leading GIA. The grading will fully describe the details of your diamond and allows our buyers to fully understand the value of the jewelry they are bidding on.
We will also clean your diamond jewelry and take beautiful photography to help demonstrate the full value to our buyers. Once it’s ready, the auction begins and we invite our exclusive network of high-end jewelry buyers to competitively bid on your item - driving up the price to its maximum and full market value. You as the jewelry seller are also able to watch the bidding process on our site in real time.
If the top bid meets or exceeds the minimum reserve price you set, the jewelry is sold and you will quickly receive your pay out through your preferred method. If the minimum reserve price is not met, you still have the option to sell for the highest bid, or we will simply return the jewelry to you at no cost at all to you.
If you want to see how much our customers love us, check out our customer reviews here.
Recently Sold Dallas Items:
What Jewelry Can I Sell With Worthy?
The Worthy sales process specializes in diamond jewelry, especially engagement rings, diamond wedding rings, or other diamond jewelry like necklaces, earrings, or bracelets. But we also accept certain gemstone jewelry as well, including some emerald, sapphire, and ruby gems.
The best way to see if your jewelry qualifies for sale is to fill out the online description form and submit it through our website. You can do this right from your home in Dallas, Texas and takes just a few minutes.
If you are interested in selling your jewelry with Worthy today, simply click on the button below to get started.