Best way to re-sell jewelry

[poptart]

Hello all,

I have an engagement ring and diamond earrings that I want to sell in order to buy something else. I read Richard Sherwood's post from 2002 about what to expect when reselling jewelry, but wanted to see what some of your experiences were. I don't need the cash, I would just really like to get something beautiful with the money I gain. If any of you have re-sold some of your jewelry, where did you go and was it a good experience? I am wary of going to a pawn shop and don't have any local auction houses here. I thought ebay might be good, but have never sold anything there. Any suggestions or past experiences would be appreciated. Thanks!

*M*

 

[JewelFreak]

You might also look at having someone sell it on consignment. If you're in an area where there are shops that handle that, it's worth talking to them. (I bought a beautiful pair of South Sea pearl & diamond earrings at a consignment shop once, great experience.) Online, Erica Grace is a possibility: http://jewelsbyericagrace.com/home. Some of our other vendors have things for sale that I'm pretty sure are consigned - maybe others know who does it.

 

[poptart]

Thanks for your suggestion. There are a couple of small consignment shops here that I could check into, although I don't recall ever seeing jewelry in any of them. Erica Grace sounds like a possible alternative to ebay...I'll check it out. Thanks again!

 

[cl600500]

sell on EBAY!!!, do not try to negotiate with a jewelry store.........they buy their diamonds and gold wholesale to supply a store. why would they pay top dollar for your stuff when they could make it for cheaper?!??


think business, dont be stupid with your diamonds and gold or you will be a sorry person when you get 1/4 of what you paid and you could have sold it on ebay for atleast 50% at the worst

 

[kelpie]

I've bought a lot of jewelry off of ebay but only sold a few times. It is a huge hassle dealing with the constant non-paying winning bidders, I don't envy the professionals who make their living off ebay. My preferred outlet to re-sell is a free classified site for diamonds which I can't link to here since it's administrators also host a jewelry forum. There, the buyers and sellers are mostly people already known to each other on pricescope so they are respectful of each other's time and have some established trust.

 

[SB621]

You might also look at having someone sell it on consignment. If you're in an area where there are shops that handle that, it's worth talking to them. (I bought a beautiful pair of South Sea pearl & diamond earrings at a consignment shop once, great experience.) Online, Erica Grace is a possibility: http://jewelsbyericagrace.com/home. Some of our other vendors have things for sale that I'm pretty sure are consigned - maybe others know who does it.

I've gone through jewels by erica grace and personally would use them again 100 times over before ebay.