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Selling Diamond Jewelry?

Worthy is fast, easy, and gets you the most money

Whether you’re looking to turn unworn jewelry into cash or sell used jewelry you no longer love to buy something you’ll actually wear, it is important to be sure you are selling your jewelry for the highest market value and in a secure way.

What Do You Want To Know?

  • How to get fair price of jewelry?
  • What factors affect jewelry value?
  • Where can you sell your jewelry?
  • How to sell jewelry with Worthy?
  • Benefits of an Online Auction Platform
  • Accepted jewelry items
  • Data on jewelry auctions in the U.S.

How To Get A Fair Price For Your Jewelry

The immediate benefit of selling jewelry online is plain and simple – more offers. When working with a single jewelry buyer, the value of your jewelry is up to them at any given time. When there are multiple jewelry buyers, the true market value of your jewelry can be more easily and accurately determined. From a larger pool of demand comes a greater likelihood that a fair,

even competitive offer will be made. Another way to ensure you are getting a fair price for your jewelry is to know exactly what you have. As the attributes of fine jewelry can’t be determined with the naked eye, a diamond grading report from a trusted lab and an expert evaluation are a must-have when looking to sell your jewelry.
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What Factors Affect Jewelry Value?

The 4Cs
Carat Weight

The unit of measurement for a diamond’s weight is a carat (200 mg) and the weight of a diamond directly affects its, with heavier, larger diamonds being more expensive.

Color Grade

Diamond color is graded on a scale from D to Z, which D being the most colorless and the most desirable. The further down the alphabet, the more color is included in the diamond and, most often, the lesser the value.

Clarity Grade

While color and size are in some cases visible to the naked eye, clarity is less so. Diamond clarity refers to flaws, both internal and external, within the diamond. The more flawless a diamond, the more expensive it is. Clarity is graded on a scale beginning with Flawless, Internally Flawless, VVS1 or VVS2 (Very Very Slightly Included), VS1 or VS2 (Very Slightly Included), SI1 or SI2 (Slightly Included), and I1, I2 or I3 (Included).

Cut Grade

Only the eye of an expert can really determine a stone’s cut grade. Cut grade refers to how well the raw diamond was cut to give you the final product you have now. The scale ranges from Excellent to Poor (with Very Good, Good, and Fair in between) and is based on a range of factors like polish, symmetry, weight, durability, and scintillation.

Where Can I sell My Jewelry?

  Value Easy to use Quantity Safety
Local stores

Low resale value since jewelers aren’t motivated to pay a competitive price.

You might need to shop around to find a jeweler willing to make a good offer.

Once you find the right store, you can sell almost instantly

Low resale value since jewelers aren’t motivated to pay a competitive price.

Consignment shops

High consignment rates (up to 50%) due to overhead business costs.

Shop advertises and sells your item on your behalf.

Jewelry often sits for months before the right buyer comes along.

Usually safe, but sellers must take some precautions.

Pawn shops

On average, sellers receive 13 cents on the dollar.

You might need to shop around and/or bargain with the shop owner.

Simple way to gain quick access to cash.

Usually safe, but sellers must take some precautions.

Ebay

It’s challenging to get true market price since the seller sets the price.

Seller can set up the listing online, in a few easy steps.

Only 5% of diamond rings listed on Ebay are sold.

Lack of trust, risk of being exposed to scammers.

Worthy

Multiple buyers compete for your item at auction, driving up the price.

Worthy takes care of shipping, grading, auction preparation and sale.

Items are sold within 10-14 business days since they arrive at the Worthy offices.

Items are sold within 10-14 business days since they arrive at the Worthy offices.

With the fluctuating value of jewelry and diamonds, it is important to choose the very best place to sell jewelry that fits your needs and can give you a fair offer. Selling jewelry locally or with a jeweler near you comes with a significant challenge as the retail markup for jewelry far exceeds its market value and a conflict of interest exists when it comes time to buying those pieces back. Read more

Recently Sold Jewelry

How To Sell Your Jewelry With Worthy

<span style="background-color:#EAEFFF; padding-left:8px; padding-right:8px;">1</span> Prep for sale

1 Prep for sale

<span style="background-color:#EAEFFF; padding-left:8px; padding-right:8px;">2</span> Prep for sale

2 Prep for sale

<span style="background-color:#EAEFFF; padding-left:8px; padding-right:8px;">3</span> Prep for sale

3 Prep for sale

A seamless, end to end jewelry selling experience.

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How To Sell Your Jewelry With Worthy

Here at Worthy we understand that jewelry can hold sentimental value. That’s why, when you make the decision to sell your jewelry, we want you to know that it is in the very best hands. Our mission is to help our clients sell their jewelry the smart way, by offering a secure, streamlined process that allows them to get the highest market price for their items at auction.

Up to $100,000 in insurance coverage

from the moment your item leaves your home until it arrives at our offices. When you submit your jewelry, you will immediately receive a prepaid, fully insured shipping label, covering up to $100,000 by reputable insurance providers.

Complimentary diamond grading

even competitive offer will be made. Another way to ensure you are getting a fair price for your jewelry is to know exactly what you have. As the attributes of fine jewelry can’t be determined with the naked eye, a diamond grading report from a trusted lab and an expert evaluation are a must-have when looking to sell your jewelry. Read more

Worthy provides up to $100,000 in insurance coverage for every shipment. We trust Lloyd’s of London, a global leader in insurance since 1688, to protect all valuables auctioned on our platform.

Luxury Item Protection Click here for more about our item protection policy

Worthy provides up to $100,000 in insurance coverage for every shipment. We trust Lloyd’s of London, a global leader in insurance since 1688, to protect all valuables auctioned on our platform.

Accept Items

What is hot in the market right now, what we recommend you to sell:

Diamond jewelry containing diamonds that are worth over 0.5 carats

Dimaond Jewelry

Diamond jewelry containing diamonds that are worth over 0.5 carats
Of over 0.5 carats

Loose Diamonds

Of over 0.5 carats
Diamond jewelry containing diamonds that are worth over 0.5 carats

Luxury Watches

Diamond jewelry containing diamonds that are worth over 0.5 carats

Data On Jewelry Auctions In The U.S.

The large amounts of jewelry coming through our offices and being sold through our online auction platform give us a unique insight into trends in pre-owned jewelry sales in the US today. Selling jewelry is becoming more and more popular as people look for new and creative ways to generate income and as people of all ages look to downsize, either for financial reasons or simply for lifestyle.

Rings The bulk of pieces sold through Worthy in 2018 were rings, with 47% of rings sold being bridal sets, 28% solitaire, and 7% three stone rings.

Rings

Rings The bulk of pieces sold through Worthy in 2018 were rings, with 47% of rings sold being bridal sets, 28% solitaire, and 7% three stone rings.
Of diamonds overall, 50% were round cut, 20% were princess, and 7% were marquise. When it comes to diamond size, while almost 60% of diamonds sold were under a carat, 34% were between 1-2 carats.

Diamonds

Of diamonds overall, 50% were round cut, 20% were princess, and 7% were marquise. When it comes to diamond size, while almost 60% of diamonds sold were under a carat, 34% were between 1-2 carats.
When it comes to branded jewelry, Tiffany & Co. made up 75% of all branded jewelry auctions followed by Tacori at 12%.

Branded Jewelry

When it comes to branded jewelry, Tiffany & Co. made up 75% of all branded jewelry auctions followed by Tacori at 12%.
The top earring styles sold on Worthy were studs (74%), drop earrings (10%), and hoops (7%).

Earings

The top earring styles sold on Worthy were studs (74%), drop earrings (10%), and hoops (7%).
Popular necklace styles were pendants (80%), chains (5%), and collars (4%).

Necklaces

Popular necklace styles were pendants (80%), chains (5%), and collars (4%).
Bracelets When it came to bracelet styles, tennis bracelets made up half of all bracelets sold (51%), with link (28%) and bangle (12%) coming in at second and third.

Bracelets

Bracelets When it came to bracelet styles, tennis bracelets made up half of all bracelets sold (51%), with link (28%) and bangle (12%) coming in at second and third.
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