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Where is the best place to sell jewelry near me?
Do you have a box of valuable jewelry sitting in the corner of a closet drawer, doing nothing but collecting dust? Well, I do too. And every time I end up in a financial bind, I automatically consider getting them off my hands in return for some much-needed cash. That’s when I start looking for jewelry buyers near me!
I mean, how valuable are your jewelry to you if they never actually bring “value” to your life, and just remain stuck in a box for years on end?
Whatever your reason, parting with your jewelry can get you some extra cash. Whether I’m trying the get the best bang for my buck, or simply looking for the quickest and smoothest transaction, these are definitely the best places to sell jewelry near me!
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Maybe you’ve got jewelry pieces that are associated with bad memories. Perhaps they are pieces that are just not your style.
Or maybe, you’re just like me…You’ve been gifted lots of valuable jewelry pieces over the years, but you’re a minimalist when it comes to the jewelry that you choose to wear.
Selling your unwanted jewelry can be a lifesaver when you desperately need some extra cash!
The jewelry retail market in the United States was worth a whopping $91.5 billion in 2022, a $5 billion increase from the year before. Some of the highest figures that it has ever been, since hovering around the $60B mark for the previous 15 years.
The jewelry retail market is super hot right now and dealers, retailers and individuals are willing to pay top dollar.
Jewelry buyers near me are definitely not in short supply!
Many of these jewelry dealers are willing to pay immediately and I can have cash in my hand in as little as a few minutes!
But with so many options for selling, where is the best place to sell jewelry near me? Well, that depends! Am I looking for top dollar? Or am I looking for a quick sale?
Let’s explore our options for selling jewelry for extra cash!
7 Legit Jewelry Buyers Near Me
Not only do jewelry stores sell jewelry, but they also buy back used jewelry from you. How convenient is that when you desperately need some quick cash, instead of having 156 gold rings sitting in a jewelry box?!
Most jewelry stores will pay you for your jewelry pieces and this is probably the best way to sell fine jewelry.
Pros of Selling Jewelry at Jewelry Stores
1. It’s as simple as walking in and conducting the transaction.
Typically, all it takes to sell jewelry for cash near me, as far as legitimate, licensed, jewelry stores are concerned…is a walk in and a quick discussion.
They may ask a few questions to prove your ownership, run a test of the authenticity of the metals and stones, and make you a cash offer on the spot.
2. The transaction is safe.
One of the biggest reasons why I opt to use jewelry stores, to sell my jewelry near me, is the safety factor.
Jewelry stores are usually well lit, located in malls or high traffic public spaces, and are well equipped with security and surveillance systems.
I can always trust them to buy jewelry near me, whenever I’m selling. And feel 100% safe while doing so!
3. Expert analysis of your items’ quality and worth.
Established shops are backed by years of experience with regards to evaluating the craftsmanship, authenticity and value of jewelry pieces.
Craftsmen and store owners may also be supported by gemologists and other experts. Not to mention, they’d have the tools required to do proper testing and analysis on your pieces.
4. Convenient locations.
Jewelry stores are set up in most malls and shopping centers. From franchises to family owned businesses, I’m never out of options for where to sell jewelry near me.
Cons of Selling Jewelry at Jewelry Stores
1. They may not pay the highest price.
There is a maintenance charge associated with running a fine establishment. As we discussed, jewelry stores are most often set up in convenient locations like malls, have a high end appearance, come well lit and with a solid security system.
The stores are also outfitted with a team of experts in the field of jewelry. These are all costs on the part of the store. These costs would be factored in when offering you a price for your item.
This would ensure that they can make a decent profit when they flip your pieces and sell them off. Therefore, they may choose to buy at a slightly lower price than a lower end business place, with less expenses to cover.
2. They only pay premium prices for selective pieces
Whenever I’m looking to sell jewelry near me, and I have quality pieces, I always get good offers from jewelry stores. These would be items, with quality craftsmanship, that they think worthy enough to just be cleaned up and put directly for sale.
Selling to jewelry stores is the best way to sell fine jewelry!
The team of jewelry experts, that are present at most jewelry stores, are usually very selective of the pieces they buy directly for reselling.
Items of lesser quality craftsmanship may also be purchased, as long as the metals or gems are of decent standard. However, these would be bought in order to be broken down and recrafted into other jewelry.
Therefore, you’d only receive an offer for the raw weight of the components, not the crafting. This would more than likely be a lower value than what was paid for the item.
Finding Jewelry Stores that Buy Jewelry Near Me
Looking to run a Jewelry Buyers Near Me search and interested in jewelry stores to get your items sold?
Enter your zip code in the box below, and hit the “Find button”, to get to the best jewelry stores, to sell jewelry for cash!
When it comes to the discussion of jewelry buyers near me, most persons automatically think pawn shops!
Pawn shops have special licenses and legal permissions from the country, state or city in which operate. It allows them to buy, sell, trade or act as a pawn broker and grant loans…with regards to specific classes of items such as: electronics, tools vehicles, firearms, jewelry, etc.
If you are looking for a quick, hassle free sale on a particular item…pawn shops are a good place to start.
Pros of Pawn Shops to Sell Jewelry Near Me
1. Quick and easy transactions.
As long as you can confidently answer a few questions to confirm that you are the legitimate owner of your item, you can pawn or sell it at a pawn shop. The same goes for a jewelry for cash near me transaction!
Jewelry buyers rarely get simpler than the nearest pawn shop.
2. Pawn shops offer loans as well.
Even if you are unsure if you want to sell your jewelry, but need the money, pawn shops can offer you loans as well. You’d just have to let them keep your jewelry as collateral.
This way, you get a bit of needed cash, while getting to keep your jewelry upon repaying your loan.
3. You can negotiate your price.
Some haggling is expected to take place if you are going to sell jewelry at a pawn shop. They’d make you an offer but you can try to negotiate for a better offer.
This is standard pawn shop practice so don’t be shy!
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Cons of Pawn Shops to Sell Jewelry Near Me
1. Pawn shops can be shady and uncomfortable.
Pawn shops are commonly found in quiet, less lit locations. It is also common to see shady characters, pan handlers and homeless persons nearby.
This can be an uncomfortable situation, especially considering that you are undertaking business involving money and jewelry.
If you are looking for the best place to sell jewelry and pawn shops peak your interest, try to find one in a shopping center. Or a bright and popular area with decent volumes of foot traffic.
2. High interest rates on pawn deals.
If you decide not to sell your jewelry but pawn it instead, be mindful of the high interest rates on the loan. These can be up to 25% per month!
If you don’t pay back in time, you could lose your item.
3. High transaction fees.
Even if you negotiate a deal that you are happy with, be mindful of any hidden fees that may be part of the final transaction. These may be disguised as “processing” fees.
Finding Pawn Shops that Buy Jewelry Near Me
For more information on pawn places near me that buy jewelry, check out The Guide to Selecting the Best Pawn Shops!
A zip code locator is included to help you narrow your search!
Consignment stores are shops that sell items on behalf of an owner, in exchange for a commission. They typically deal with second hand clothing, shoes, fashion accessories and jewelry.
A consignment store would be willing to take possession of your jewelry and sell them for an agreed upon price, within an agreed upon time frame. Once a sale is made, the store would keep a percentage of the sale price and you’d receive the rest.
The percentage of the sale price, and terms and conditions of the sale are agreed upon before leaving your items.
Pros of Consignment Stores to Sell My Jewelry Near Me
1. Quick and convenient.
Whenever I’m looking for a place to sell jewelry near me, and I’m not in the mood for hardcore haggling, I go to my nearest consignment shop.
Consignment shops are typically a smaller scale run business, and more often than not, a friendly family run establishment. This makes discussing the details of your sale very easy, quick and problem free.
2. Option for in-store credit.
Consignment stores are sometimes willing to offer in-store credit as an alternative to cash payment. The value of the store credit can even be worth more than the cash equivalent of your item being sold.
If your plan was to sell your jewelry to buy something that’s actually available in the store, this may be an excellent option to consider.
3. Terms are agreed upon in advance.
The percentage that you are paid for your item being sold, the time period in which it is expected to be sold before offering it at a discounted price, and the additional terms of the sale, are all agreed upon ahead of time.
There should be no catches or hidden fees at the end of the transaction.
4. Option to negotiate price and terms.
The price your item would be listed for, the sales commission and other details can be discussed and negotiated with the store owner. You can come up with an arrangement that works for both of you.
Cons of Consignment Stores to Sell My Jewelry Near Me
1. You may need to wait for your payment.
If I’m ever in a hurry to receive cash for jewelry, consignment stores are not the best option. That’s when I check out other alternatives for jewelry buyers near me, such as jewelry sores or pawn shops.
With consignment stores, you need to wait until your items are sold before you get paid.
2. Some stores may demand a high sales commission.
Depending on the store, they may request between 20% – 60% of the sale value of the item. These can get quite high and may or may not work for you.
How to Find Consignment Stores that Sell Jewelry Near Me
For more information on consignment shops near me that buy jewelry, check out The 30 Best Consignment Shops Near Me!
A zip code locator is included to help you narrow your search!
If you are looking for a quick sale for your used jewelry, for immediate cash in hand, try a thrift store. They are similar in appearance to consignment stores but they’d offer you cash for your items on the spot, if they are interested.
Thrift stores buy and sell second hand items, similar to consignment shops: electronics, furniture, clothing, fashion accessories, shoes, jewelry, sporting goods, etc.
Pros of Thrift Stores to Sell Jewelry Near Me
1. Immediate payment.
Unlike consignment stores, if a thrift store is interested in having your item for sale in the store, they’d buy it from you instantly. There’s no waiting around to get paid.
The additional list of advantages of consignment stores all apply to thrift stores as well!
Cons of Thrift Stores to Sell Jewelry Near Me
1. May not be the best evaluation of your jewelry’s worth.
Thrift stores sell a host of items. The owners or workers may not be jewelry experts and therefore may not be able to assess your items properly, to offer the best dollar value possible.
How to Find Thrift Stores that Sell Jewelry Near Me
Looking for Jewelry Buyers Near Me and interested in thrift stores to get your items sold?
Enter your zip code in the box below, and hit the “Find button” to get to the best thrift stores, to sell jewelry for cash!
For persons comfortable around a smart phone, tablet or computer…there are several places to sell jewelry online.
Think about it: jewelry buyers near me can be found right in your pocket, handbag, or wherever you keep your smart device.
Many online platforms specialize in selling a wide assortment of second hand items, including pre-owned jewelry.
As for me, there isn’t a more convenient way to sell jewelry near me, than out of the comfort of my own home, with an established app or website! You just can’t beat that in terms of safety, peace of mind and simplicity.
They specialize in buying jewelry online and offer juicy incentives such as:
1. Payment within 24 hours.
2. Highest price guarantee.
3. Free and secure shipping and handling, direct to your home.
Apart from these, you can check out sites such as Etsy, eBay, Mercari and OfferUp. A link to a list of additional online sites for selling jewelry online, with details, is located later on.
Pros of Online Sites for Jewelry Buyers Near Me
1. Safe and convenient.
You cannot get safer and easier than negotiating a sale from your home. Just arrange to ship the items when the deal is done.
Before selecting a site, you can check out the reviews to ensure dependability and trustworthiness.
2. Options to choose from.
With the numerous sites available, you have options to choose from. Pick the most hassle free site, that offers the best profits.
Cons of Online Sites for Jewelry Buyers Near Me
1. Not the best value for high end jewelry.
The craftsmanship of high end jewelry may not be properly visible if trying to sell via photos placed on an online ad. Therefore, you may not get as a high an offer than if you try to sell in-person to a store.
How to Find Online Sites to Sell Jewelry Near Me
For more information on online platforms that buy used items and jewelry, check out The Best Websites to Sell Stuff Locally!
Have a look at the ones that deal in fashion accessories and jewelry! All the details are explained!
Facebook Marketplace is one of the best places to reach persons, and potential buyers, around your neighborhood. It’s a method of selling items that has proven the test of time.
It is arguably one of the best places to sell jewelry near me, from an online standpoint.
Facebook Marketplace is so good, reliable, convenient and easy to use, that we had to mention it in it’s own category, apart from the other online selling sites.
Pros of Facebook Marketplace to Sell Jewelry Near Me
1. Quick, easy and convenient.
Posting an ad, interacting with potential buyers and finalizing your sale is as simple and straightforward as it gets.
2. Localized setup.
Buyers and sellers are categorized according to geographical location. Therefore, if you are selling jewelry in a particular town or city, your post would target persons close to your region.
3. Economical to use.
Listings are free and there are no fees associated with the basic setup.
4. Option to pay for additional features.
Even though you can place ads and complete sales for free, there are some other listing options that you can use. These are paid upgrades.
Cons of Facebook Marketplace to Sell Jewelry Near Me
1. The actual sales transaction takes place off the platform.
Even though a buyer saw your ad on Facebook, they may contact you via phone or whatever additional contact information you give. The terms of the sale and actual transaction would need to be discussed off the platform.
The actual sale, if a physical meetup is arranged, can also put you as a target for robbery. Physical meetups can be a big safety risk if not done smartly and in high traffic, public spaces.
2. You can be exposed to potential scammers and time wasters.
Social media sites are flooded with scammers. You need to be mindful of these.
There are also persons that appear to be interested in making a purchase, but are simply bored and looking to entertain themselves. They’d ask you a ton of questions with no intentions of actually purchasing.
Craigslist, being the father of online classifieds, is another online site that needs mentioning on its own.
At one point in time it was completely free but plagued by scammers. They’ve now implemented a few small fees in order to maintain the site and to keep it free from con-artists.
Basic listings are fee, but comes with a 5% sales fee which is charged to the seller upon making a sale. You can upgrade your listings to “Frontpage” for $3.99 if you wish.
Pros of Craigslist to Sell Jewelry Near Me
1. Simple to use.
Craigslist is easy to setup and use, to sell jewelry online. There are also options to handle the shipping via the platform itself.
The basic listing is free and only a small fee is applied upon making a sale.
3. Option for paid upgrades.
You can pay additional fees to have your listings prioritized and shown upfront to potential buyers.
4. Localized setup.
Craigslist filters its users by geographical location. Buyers and sellers are matched accordingly. This way, listings appear to be relevant to buyers, and sales are maximized.
Cons of Craigslist to Sell Jewelry Near Me
1. The site is notorious for scammers.
Even though Craigslist is trying to clean up their act, the site has a bit of a bad reputation for being full of scammers.
Bonus Method to Find Jewelry Buyers Near Me: Word of Mouth
The touchy aspect of trying to locate legit jewelry buyers near me, is trying to make a sale while ensuring personal safety. You want to get the word out, but only to honest buyers. This restricts your options of advertising somewhat.
You’d need to limit the amounts of public ads you post and the details that you post in them. Sometimes word of mouth might be the safest way to get your message out.
Use friends, family or persons that they know personally, to get the word out that you have jewelry for sale. This way, the persons contacting you would be legitimate buyers.
Expert Tips to Finding Legit Jewelry Buyers Near Me
Now that we’ve covered the list of places that buy jewelry near me, it’s important to understand that not all potential buyers will be legit. Because of the nature of these cash transactions, scammers and thieves are always pretending to pose as jewelry buyers to lure you to your demise.
As with all other cash transactions, you should practice safety smarts when it comes to meeting up with potential buyers.
Whenever I’m trying to sell jewelry near me, here are a list of precautions and steps that I take, to ensure that I find jewelry buyers that are actually legit:
Go to Legit Jewelry Stores In-Person
Going to real brick-and-mortar jewelry stores in your local area is probably the safest way to sell your jewelry. By choosing this option, you’ve completely eliminated any risk of meeting up with strangers or getting scammed.
The transaction is also quick, as you usually get paid immediately. However, jewelry stores pay low and so you will not get top dollar for your jewelry. Is this a trade-off you’re willing to make?
Run an Online Search
Search Online for “Jewelry Buyers Near Me” / “Best Place to Sell Jewelry Near Me” / “Sell my Jewelry Near Me”
Any variation of the above search terms can help you discover local businesses as well as websites that are willing to buy your jewelry. However, if you’re set on selling online, do further research to ensure that the company is reputable.
You can check their ratings, their TrustPilot score, their BBB rating and also search their name on Facebook for any complaints from past, disgruntled customers.
Conduct Transactions in a Safe Place
If you’ve decided to do a private sale and you’ve never met the buyer before, agree to meet in a public space such as a crowded mall or even a police station.
Take a friend or family member along, as company, so that you’re not alone before or after the transaction is complete.
Review Your Options Before Selling
Check out a few buyers and receive multiple offers before agreeing on a sale. You can weigh the convenience of the sales transaction and the offers you get, to pick the most profitable and sensible one.
You’d also have the leverage to negotiate for better offers if you have multiple options on the table. Of course, if you are pressed for time and need a quick sale, you may not have this luxury.
Local Places to Sell Jewelry Near Me
Looking for a few different options to sell your jewelry close by? Enter your zip code in the box below and hit the “Find button” to get a list of recognized jewelry buyers!
Additional Info on Where to Sell Jewelry Near Me – FAQs
Who buys jewelry near me?
There are many individual persons and business places that buy jewelry on a daily basis. Persons buy for their personal use, or to flip for profit. Jewelry stores buy for the raw materials or to resell high quality pieces. Pawn shops, and other places that buy used items, also purchase jewelry.
There are many options to choose from!
Where to sell your jewelry for the best price?
Your best bet to receive the most money for your jewelry, is to go to a few brick and mortar businesses and negotiate multiple offers for your pieces.
Check out pawn shops, jewelry stores, thrift stores or a few individual buyers if you can. If you get a bidding war started, you’d definitely get the best price.
Where can I sell my old jewelry?
Selling your old jewelry is as simple as going to a jewelry store, pawn shop or thrift store and negotiating a price. If you prefer to find a buyer from the comfort of your home, you can go to an online site.
Consignment shops are also an option, as long as you are willing to wait for your items to be sold on your behalf. You’d also have to pay a commission to the shop for making the sale.
Where can I sell my ring for cash near me?
You can sell your ring for cash at your nearest pawn shop or jewelry store. Just be sure to haggle a bit in order to negotiate the best rate possible for your piece.
Ideally, if you can visit a few places and receive more than one offers…you’d have a bit of bargaining power at your disposal.
How can I find out how much my ring is worth?
A quick trip to your nearest jewelry store would get you an evaluation of your ring’s worth. Just ask them.
They would tell you the actual value and may even make you an offer to buy it. However, the purchase offer would be much lower than the actual value of the item.
How much can you sell jewelry for?
You can sell jewelry for as much as people are willing to pay for it. The value of a piece of jewelry is evaluated based on raw weight and size, quality and craftsmanship. At any given time, the market price per unit of the raw materials can vary.
Check out a jewelry store, or reputable pawn shop, for a proper evaluation of the worth of your item. You can then negotiate from there.
Where can I get the most cash for jewelry?
You’d get the most cash for your jewelry if you have a good evaluation of its worth and you negotiate multiple offers. Check out a jewelry store for the valuation and see what they are willing to buy it for. You can then go to a few other stores, pawn shops or thrift stores and haggle with them a bit.
Pick the highest offer in the end. Or the offer with the most convenient terms.
How to sell my jewelry to retail stores?
Simply go to the retail store of your choice, discuss the idea of selling your jewelry and negotiate price and terms with them.
You should go to a few different ones and receive multiple offers. This way you’d have some negotiating power and leverage during your discussions.
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Final Thoughts on Jewelry Buyers Near Me
Now you have a clear understanding of my thought process when I want to sell jewelry near me. Try these options and tips and you’re guaranteed to walk away with the most money, every time!
Do you have any additional advice for finding the best places to sell jewelry near me? Share with us in the comments below. We’d love to hear from you!
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