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How To Find Used Jewelry Buyers

How To Find Used Jewelry Buyers

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How To Find Used Jewelry Buyers

If you're looking to sell used jewelry in Arizona, the good news is this market is a reliable continuum year after year for finding jewelry buyers. Used gold, silver, and diamond jewelry exchange hands regularly for several reasons, such as collecting, gift giving, and investing. Calendars will never run out of birthdays, anniversaries and holidays. Here are methods to help you find buyers interested in your used jewelry.

 

Online Classified Ads

Craigslist and eBay are two of the most popular online places for jewelry buyers and sellers. Here are some tips to help you sell your items through these platforms:

 

  • take photographs of your jewelry
  • write detailed descriptions about each item
  • retain all receipts, such as shipping and insurance in case of damage
  • calculate return on investment

   

Gold Stores that Buy Scrap

Usually gold stores are willing to buy your gold or silver jewelry for scrap value at low prices. This option is considered the fastest way to sell your used items, since such stores operate with the buy items as low as possible and sell them  as high as possible principle. The gold or silver is then sent to company that disassembles and melts down into bullion.

 

Jewelers and Pawn Shops

The reason local jewelers will probably give you the best price is because they want you back as a customer. Buying used jewelry is part of their marketing to establish relationships with the local community. Some jewelers prefer to give store credit over buying used items. Other jewelers operate on consignment and will work to sell your jewelry for you. In those cases, however, many stores take high commissions up to 40 percent. 

 

Pawnbrokers are likely to pay lower than jewelers, but the advantage is they sell items much faster. So part of deciding between a jeweler and pawn shop is determining how soon you need money. Remember, however, that each pawn shop sets its own price and not necessarily in line with fair market value of commodity prices. 

 

There are multiple easy stress-free ways to find jewelry buyers of your used rings, necklaces, bracelets and other forms of diamonds, gold and silver. Visit Ralph Mueller to learn more about opportunities for buying and selling used jewelry. Keep in mind that second hand jewelry is not likely to sell near its original purchasing price or even its appraised value, but there is still money to be made. 

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