Are you tired of wearing that diamond necklace? Or perhaps you need extra cash and want to make use of your old jewellery? Maybe your tastes have changed, or you have inherited a box full of valuable trinkets that you will never wear? There are lots of reasons why you may want to sell jewellery online, and there are several ways to do this. The method you choose will depend on how much jewellery you have to sell, and how much you want to get for it.
-Have your jewellery appraised by a local jeweller so you can get an idea of how valuable your pieces are and how much you can expect for them. Keep in mind that most jewellery buyers will pay about 1/3 retail price for used jewellery.
-Choose a method to sell jewellery online. There are various options you can use, including online auction sites like eBay, free auction sites, online jewellery buyers or even pawnbrokers. These are good outlets to use if you are selling only a few pieces of jewellery.
-Go online and search various websites for companies that buy used jewellery.
-Once you have decided on a reputable company, read the terms and conditions thoroughly and understand what the company is offering to buy. Some companies will only pay for the weight of your piece, while others will pay its market related valued. If the company is only paying for the weight of the metal – like gold, platinum or silver – you should know that going in.
-Research the company properly before sending your jewellery off. Your jewellery is valuable, so you need to be doing business with a legitimate company.
-When you have fully researched the company and are satisfied, follow their instructions on how to ship the jewellery to them. If the company sends you a receipt or tracking number, be sure to keep it in a safe place.
-Once your jewellery has reached the company, they will appraise it. Some will email or call you with the offer, while others may simply mail you a cheque for the appraised amount.
-If you are satisfied with the amount, you can respond. If not, follow the instructions given by the company to reject their offer. The company will then send your item back to you at their own expense.
How to check the legitimacy of the company you sell jewellery to:
1. Make sure the company’s physical location is clearly stated on the website.
2. Make sure that the company’s terms and conditions are clearly stated and that the company’s liability in case of loss is included.
3. Make sure that you understand the company’s appraisal and purchasing process clearly.
4. Check the website for a contact telephone number.
This article was written for The Gold Company, and offers tips on how to sell jewellery online.