Selling stuff online has become a breeze these days.
You can sell many things online like books, electronics, furniture, toys, and even jewelry.
Yes, you can sell jewelry online for good money.
Many of us have unwanted jewelry stashed away, but the truth is we rarely use them. If you are thinking of earning some extra money by selling jewelry, then read on.
11 Best Places to Sell Jewelry Online for Good Money
#1. Cash for Gold USA
Cash for Gold USA is one of the top jewelry buyers. It buys gold, silver, diamonds, gemstones, scrap gold, gold watches, etc. It has an A+ rating on BBB and offers competitive prices for your jewelry (in fact, it pays three times more than its competitors).
Cash for Gold USA insures your shipment for $5,000, and it pays within 24 hours via check, bank wire, or PayPal. You can also earn an extra 10% above your quote if you ship the items within seven days.
Simply fill out the online form and give your details and your preferred method of shipping.
Within 3–4 days, you will get the USPS mailer or FedEx label, depending on your choice.
Post your items and once its experts assess the jewelry, you will get a quote.
If you accept the price, you are paid within 24 hours. If you are not happy with the quote, your item is returned to you without any extra charges.
Worthy is an online auction marketplace that gives you a high insurance coverage of $100,000. Worthy has an A+ rating with BBB, and it accepts diamond jewelry, watches, branded jewelry like Tiffany & Co., and loose diamonds. If you are looking for a place to sell that engagement ring, this could be it.
Just go online to Worthy.com and describe your item. You will have to send the piece of jewelry, which will be insured for up to $100,000, via a free FedEx mailer.
Once the jewelry is cleaned, graded, photographed, and listed for auction, you can set the reserve price and start the auction. Worthy helps you to set a reasonable price for your jewelry based on past auctions and grading reports.
After the auction ends, you will get the money after it takes its commission.
The money is paid through bank transfer, check, or PayPal and is done within 24 hours of the sale.
#3. Ruby Lane
Ruby Lane is a platform where you can sell many things apart from jewelry. You can sell vintage art, collectibles, dolls, furniture, silver, jewelry, etc. Ruby Lane lets you start an online shop to sell your items just like Etsy.
Keep in mind that the jewelry piece should be worth more than $250 and made of precious stones. If you want to know more about the jewelry listing requirements, read these listing guidelines.
After opening your store and listing your item, you can accept offers from buyers and close the sale. The payments are made via PayPal. You should have a minimum of 10 items in your shop; there is no maximum limit.
Although there is no fee for setting up your store and listing, Ruby Lane does take a service fee of 6.7% total on the purchase price.
There is an additional maintenance fee of roughly $54 for a shop of 50 items.
If you have high-value jewelry and want the best price for it, try Sotheby’s. It auctions the jewelry in places like New York, London, Geneva, Paris, etc. and also online auctions.
Though the listing commission is pretty high at 25%, if you have a branded jewelry piece, there is a good chance you will get a good price for it with Sotheby’s.
Once you register on the website and list your jewelry with all the details and paperwork, you can request an online price estimate of what Sotheby’s thinks it will achieve at auction.
You can also request to meet with a specialist in your nearest city to get the estimate. The auction results are displayed on the website.
#5. The Diamond Valet
If you have exclusive diamond jewelry pieces to sell, then The Diamond Valet is the place to consider. It accepts diamond engagement rings, wedding rings, tennis bracelets, studs, etc. It also buys pre-owned branded watches.
Like other websites, you have to fill out an online evaluation form and post the jewelry piece via a free and insured valet return package. Once it receives the item, it evaluates and offers a price for it.
The purchase offer is valid for 10 days, and if you are interested in accepting the offer, you will receive your money within 24 hours via bank check, cashier’s check, PayPal, or Western Union.
The jewelry is returned to you through FedEx or USPS priority mail if you don’t want to accept the offer.
myGEMMA is another trustworthy place to consider if you want to sell your precious jewelry. It accepts all types of vintage, luxury, designer, and diamond jewelry. It also buys gemstones, loose diamonds, and luxury watches.
The A+ rating with BBB is another plus to choose this company to sell your jewelry.
The selling process is similar to others: you can complete the online evaluation form with all the details, or you can schedule an appointment in person. After reviewing your form, you will be contacted with an initial valuation.
You can ship your jewelry through FedEx for free and get the full valuation offer. If you accept the offer, you will be paid within 24 hours. myGEMMA does not take any commission from the sale price.
Another place to look to sell your high-value jewelry is Christie’s. Just like Sotheby’s, it only buys certain jewelry brands and pieces. With diverse selling options like online, private sales, and live auctions, Christie’s gives you a lot of options to sell.
It has a presence in over 46 countries and offers exceptional customer service to help you with the sale.
Once you determine if your item is eligible to sell with Christie’s, you will be contacted by a specialist to discuss the price and auction dates.
You can then ship the jewelry and attend the live auction. After the auction is finished, you will be notified of the price minus the commission. Your payment is sent to you within about 35 days after the auction via bank transfer.
You might know that you can sell arts and crafty things on Etsy, but did you know that you can sell jewelry as well? Sure you can. You can sell unique handmade jewelry or antique jewelry on Etsy through your online shop.
Though it’s not exclusively a jewelry selling marketplace, if you have the creative mind to craft beautiful jewelry, Etsy is a great option.
First, you need to sign up and open a shop on the platform. Listing your items with good descriptions and photographs is vital to get more exposure. Driving traffic to your shop is something you can do through social media or through your website if you have one.
Etsy has listing and transaction fees, which you should factor in when pricing your jewelry. Though listing your jewelry on Etsy looks like a lot of work, if you are someone who is interested in creating jewelry, do consider this.
Another jewelry buying platform accredited by BBB, CIRCA buys fine jewelry, luxury watches, and diamonds. It is pretty new in buying and selling pre-owned jewelry and has a presence in over 12 locations in Europe, Asia, and North America.
You can choose to make in-person appointments or opt for selling online. You just have to fill out an online form with all the details about your jewelry. After receiving the quote, if you want to go ahead with it, you can ship your jewelry in a free shipping kit sent to you by CIRCA.
After final evaluation, you will be given a final offer and will be paid within 24 hours if you accept it. There are no fees or commissions charged by CIRCA.
ArtFire is another creative marketplace where you can sell a lot of handmade and antique stuff, including handmade jewelry. This is a good option for someone who is looking to start a handmade jewelry business.
Just like Etsy, you can open a “shop”’ on ArtFire and list your items. It has three tiers of shop depending on your needs. Monthly paid plans have reduced listing and valuation fees.
Though not exclusively for jewelry, eBay is a massive marketplace where you can sell a lot of things, including jewelry. You can sell all kinds of jewelry on eBay including vintage, pearl, diamond, handcrafted, and gemstones. You have to be very descriptive, take good photographs of your items, and choose auction or fixed pricing.
If you are thinking of selling on eBay, you will have to consider the listing fees and the final value fees, which is 10.9% of the total value of the item including shipping after the sale goes through.
Frequently asked questions about selling jewelry online
Is it safe to sell jewelry online?
Yes, it is safe to sell jewelry online if you are going with trustworthy companies. Just make sure you are shipping your jewelry with insurance and track it till it is received.
Can you really make money selling jewelry?
You can definitely make money selling jewelry online depending on a lot of factors like how old the item is, the condition, and the type of jewelry.
Most of the above websites offer professional grading when it comes to precious jewelry, and you can rest assured that you will get a good price for your item.
How do you price jewelry?
The best way to price your jewelry is to take a quote from different places and decide on an average figure. Buyers should also take into account a lot of factors like the type of jewelry and the condition.
So it is always good to find out how much it is worth from brick-and-mortar stores before you decide to try selling it online.
It is easy to sell jewelry online if you know the legit buyer sites. Whether you have an unworn piece of jewelry or want to sell off a used item of jewelry, you can sell them for good money.