If you have jewelry that you never wear or is broken, you may want to consider selling it. This is why it is important to understand the different options you have for selling your jewelry. With this, you should also understand the benefits and drawbacks of choosing these options.
Online Jewelry Buyers
You see commercials all the time for online jewelry buyers. Usually they will say that they offer the highest dollar amount for your gold and jewelry. In fact, every one of these companies you see advertised says the same thing, which means that this cannot be the truth, right? Well yes and no. They are able to give a little bit more than what other options can simply because they do not have the overhead. The amount they offer will differ from company to company.
How it Works: Contact the company by phone or online and they will send you out a pre-addressed envelope that you can return the jewelry in. Then they will look at what you have to offer and will send you a check.
The Benefits: They can usually give a little bit more. You do not have to leave the home to do this and it takes very little effort on your behalf to send the jewelry away.
The Drawbacks: The main issue with this method is that you do not know how valid the company is. Will they take your jewelry and not send you anything in return? Also, if you do not know what your pieces are worth, then you will not know if you are actually getting a good deal. Along with this, you may need to pay for insurance if the envelope does not offer this.
The Bottom Line: This is not a good way to sell your jewelry. You may get a slight percentage more, though it is generally not worth the hassle and possible theft of your items. It is better to deal with a face to face transaction where you do not have these concerns.
This is a popular classified site where people can sell everything from jewelry to vehicles and furniture. You can put up images and dictate how people contact you through the site as well. The Craigslist sites are set up based on your metropolitan area so you know you will be reaching out to people in your community.
How it Works: Choose what you want to say, the price you want and how you want people to communicate with you and then submit the ad. You choose how to meet up with the buyer, such as at a designated location. It is best to only accept cash as you do not know the person you are buying from.
The Benefits: It can be a great way to sell your items quickly without a lot of fuss.
The Drawbacks: There are a lot of scams with this site and you will have to sift through these. You will also be contacted by people who want to talk down the amount you want and will hassle you about where to meet. Also, meeting people you do not know is dangerous and has actually lead to crimes in the past.
The Bottom Line: If you are hard pressed for cash right away, this may be something you consider. However, it should never be done without taking proper precautions, such as meeting at a public place in the day with someone else. In most cases though, this site is more hassle than it is worth.
This is generally where people go when they need to get a little extra money to get them by to their next payday. However, you can also use the pawn shop to sell your items. Just about every pawn shop will take gold and jewelry because it is valuable.
How it Works: You bring the piece or pieces you want to sell to the pawn shop. They will take a look at them and make you an offer. From there, you can decide whether or not to take the offer. If you take the offer they will give you cash on the spot and you will be on your way.
The Benefits: It is a great spot if you need cash on hand right away. It is not as sketchy as dealing with someone on Craigslist, which is why people who are in dire need of funds often opt for this method.
The Drawbacks: The biggest drawback is the amount of money you will receive. Pawn shops need to have a huge mark up to make money. This means that you will likely only get a small fraction of what your jewelry is worth. You may find that a ring you paid $500 for may only get you $50 in a pawn shop.
The Bottom Line: While this is better than the first two options, it is still not the ideal place to sell your jewelry. You will get very little back for the item, which is disheartening to many people. You will find that a jewelry store will give you cash the same day as well and is a much better option than the pawn shop. The only time the pawn shop is preferable is when you only need a lawn and pawn your jewelry to get it back later
The best option for selling Tiffany & Co in South Florida is to go with a jewelry store. Since they specialize in jewelry they will be able to give you a great price and can help you get the information you need on your pieces. You can feel confident that you will not be ripped off when you go with a reputable jewelry store.
How it Works: It is very similar to the pawn shop. Simply bring in your items and they will be examined. From there, they will make you an offer and you can choose to accept it. In many stores you may be able to trade your unwanted jewelry for a new piece that you will love.
The Benefits: You can get the money or new jewelry you want without any worry or hassle. This is the best place to sell your luxury jewelry in Boca Raton.
The Drawbacks: You may not get as much as with online sites, but this amount is minimal and you will get much better service with the experience.
The Bottom Line: Going with a jewelry store is the best options when looking for jewelry buyers in Boca Raton. However, you do want to make sure you choose a jewelry store that will give you the best quality and service.
The Best Jewelry Store Option in Boca Raton
Raymond Lee Jewelers is the right choice when searching for a jewelry store to sell your pieces. We have been in business for 30 years and specialize in luxury and designer pieces. Whether you want to have a little extra cash in your pocket, get rid of a piece that has bad memories attached to it or simply want to get something new, this is the place to visit.