The Best Way to Sell Your Jewelry in Miami
Last updated: July 16, 2018
When searching under the couch cushions and in the sock drawer for extra cash, people rarely consider that they may already be sitting on a veritable gold mine. A jewelry box is likely full of beautiful pieces that were handed down or inherited, received as gifts or bought for oneself, but despite their value, these items are never considered for resale. You may tell yourself it’s because they have meaning, but if they were so meaningful, why are they hidden in a drawer and not worn? Consider that maybe, some part of you knows that you’ll take a huge financial hit if you try to sell them on your own. If this sounds familiar, know that it is no longer the case.
Learn more about Worthy, and how it is giving users the opportunity to auction their diamond jewelry by giving access to better offers than those available from local dealers. Individuals who want to take the selling wheel themselves can do so at Worthy.com. We provide complimentary diamond grading from GSI and GIA, free insured FedEx shipping, photography and tight control over the bidding process. Regardless of the items in question, your jewelry will assuredly find demand from among the countless bidders on our online platform.
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Where Can I Sell My Jewelry in Miami?
The traditional options for selling jewelry all still apply, but there are now some new alternatives as well. Selling jewelry in Miami could be a potentially uncertain endeavor, but going to Worthy.com can prove to be safer and more lucrative.
Local Miami Jeweler: Going to a local jewelry buyer such as a pawn shop or even a high-end store is one way to get an offer, but likely a low one. Jewelry stores make nearly all their profit on the markup of new jewelry. Unless these outlets can get your used item for well below its intrinsic value, it will not be worthwhile for them to offer a competitive price. It is possible to travel around to all your local dealers and compare offers, but this way of driving up demand is exhausting and largely ineffective.
Online: Prefer to avoid the legwork? You are also highly encouraged to sell your diamond jewelry yourself with Worthy. To get started, just tell us a bit about the item you want to sell. We offer free appraisals and pay for insured FedEx shipping to our headquarters, where your diamonds receive the royal treatment. From GSI and GIA grading on us to professional photography and more, we will help to draw in bidders once your jewelry is listed on our auction platform. Set your minimum bid and watch as the potential buyers appear.
Like other cities, Miami has a special history that its residents can be proud of. One of the most interesting facts about the city is that it was the first city (and only) established by a woman. In its founding year of 1896, local businesswoman Julia Tuttle convinced a wealthy railroad owner to build a line that reached the entire distance south - to where she envisioned her city. It was eventually named Miami after the Native American Maiyami tribe who had lived there previously, and quickly became a hot spot for trade and industry due to its convenient location on the Atlantic shore. Now, the city boasts one of the highest skylines in the world, and is the third tallest in the United States, counting over 300 skyscrapers in the downtown area alone.
Miami is popular for its colorful life, music, food and tourism. Behind New York, Miami is the second most visited destination for tourists in the country. The breathtaking Port of Miami is an enormous hub for cruises, and gives the city its other nickname of “The Cruise Capital of the World” due to the high volume of ships that pass through. The largest behemoths in the world dock here, with millions of passengers each year disembarking to enjoy the city’s beautiful beaches.
These beaches may hide riches under their sands. Legend has it that famous pirates used the dunes here to hide their treasure, and much gold and silver has been found by metal detectors over the years. Treasure is also abundant in the streets of Miami, as there are hundreds of jewelry dealers who accommodate the luxurious tastes of the city’s residents. Among pawn shops, famed local institutions and high-end boutiques, there’s something for everyone.
How to Sell Jewelry on Worthy.com
- Get A Trending Market 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 – We send you a fully insured prepaid shipping label that is addressed to our headquarters in New York City. Your jewelry will be covered with up to $100,000 in insurance coverage 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 GSI labs or at GIA. 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 GSI 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.
Can I Trust Worthy?
When selling your jewelry through Worthy, you will benefit from a high level of security that makes using our auction platform a comfortable experience. We also put an emphasis on objectivity and transparency, the key factors that give our business model its strength.
Security: We utilize the highest-level security measures available during each stage of the jewelry auction process. These items are expensive, and customers should never feel that their bracelet, necklace or ring is at risk. In pursuit of this goal, we pay for insured FedEx shipping when transporting the item where it needs to go. At our headquarters, the jewelry is under lock and key, and each customer’s data is digitally secured as well.
Transparency: While we understand that it may not feel right to entrust an expensive jewelry piece to a third party, you can be sure you will never be left wondering about its status. We always provide updated information on your item’s current location, grade, price and more - giving customers full control over the progression of the sale. If you want to raise or lower the minimum price, have your jewelry returned, or otherwise change the plan in any way, you’re free to do so.
Objectivity: In our efforts to disrupt the traditional model, we will never assign a specific price to your jewelry. Take the same piece into a dealer’s shop, and if the owner is interested, you’ll hear an off-the-cuff appraisal almost immediately. By contrast, we let the features that give the diamond jewelry its intrinsic value set its price. Grading, photography and accurate descriptions inspire confidence in potential buyers, encouraging a bigger volume of bids.
HOW TO SELL ESTATE JEWELRY IN MIAMI
If you are looking to sell estate jewelry in Miami, there are a few good options available. There are some reputable estate jewelry buyers in Miami however you may benefit even more from selling your estate jewelry from the comfort of your own home with Worthy. The agents at Worthy will assist you in understanding the value of your estate jewelry and selling it with ease.
What About the Buyers Working with Worthy?Customers can trust the buyers that they see on our auction platform, because we’ve tested each on an array of factors that define a reliable jewelry buyer. With an appropriate level of scrutiny, we look for solvency, history in the industry, knowledge of precious gem valuation and more. Those who qualify after the vetting process is completed are experienced buyers who understand items they seek and able to consistently honor the bids they place.
The items that they desire most are typically diamond jewelry like engagement rings, diamond necklaces, diamond bracelets, and loose stones. Watches and other items made of precious metal will also find willing buyers, but to discover more about the market for your potential item for sale, explore our services further at Worthy.com.