Best Places to Sell Jewelry Near Me for selling or buying. James Allen Showroom at 135 West 50th Street, ESQUELETO at 167 Elizabeth Street, and Tiffany & Co. at 97 Greene St. Find diverse collections and expert services at these convenient locations for all your jewelry needs.
Best Places to Sell Jewelry Near Me
| Jewelry Store Name | Rating | Category | Address | Operating Hours | Contact | Services |
|---|---|---|---|---|---|---|
| James Allen Showroom | 4.6 | Diamond Merchant | 135 West 50th Street | Closed ⋅ Opens 12 pm | (877) 826-9866 | In-store shopping, Delivery |
| ESQUELETO New York | 5.0 | Jewellery Store | 167 Elizabeth Street | Closed ⋅ Opens 11 am | (917) 265-8988 | In-store shopping, In-store pick-up, Delivery |
| SHW (Still House) Jewelry NYC | 4.9 | Jewelry store | 307 E 9th St | Closed ⋅ Opens 12 pm | +1 212-539-0200 | Arty locale for minimalist gifts & decor |
| Soho Gem Sapphire & Diamond Engagement Rings NYC | 4.9 | Jewelry store | 367 W Broadway | Closed ⋅ Opens 11 am | +1 212-625-3004 | Jeweler specializing in fine gemstones |
| KAY Jewelers | 4.7 | ₹₹₹ · Jewelry store | 136 W 34th St. N/A | Closed ⋅ Opens 10 am | +1 212-594-1898 | Source for fine jewelry & timepieces |
| Magnolia Jewelers – 春興珠寶錶行 | 5.0 | Jeweler | 162 Canal St | Closed ⋅ Opens 10 am | +1 347-487-8883 | “Best jewelry store in the area!” |
| Tiffany & Co. | 4.1 | ₹₹₹₹ · Jewelry store | 97 Greene St | Closed ⋅ Opens 11 am | +1 212-226-6136 | Iconic brand for jewelry, silver & more |
| Greenwich St. Jewelers | 4.9 | Jeweler | 93 Reade St | Closed ⋅ Opens 11 am | +1 212-964-7592 | “Best jewelry store on the East coast.” |
| Louis Martin Jewelers | 4.3 | Jeweler | 54 W 50th St | Closed ⋅ Opens 10 am | +1 212-245-5566 | “My favorite jewelry store.” |
| R & R Jewelers | 4.9 | Jewelry store | 26 W 47th St | Closed ⋅ Opens 10 am | +1 212-764-7211 | Merchant of fine jewelry & diamonds |
| Jangmi | 4.8 | Jewelry store | 44 West 47th Street, #GF16 | Closed ⋅ Opens 10 am | +1 212-302-5000 | “It is the best jewelry store for any of your needs!” |
| Kathe’s Jewelry | 4.8 | Jewelry store | 226 1st Ave. | Closed ⋅ Opens 10 am | +1 212-475-2986 | Humble stop for costume & fine jewelry |
| Tiffany & Co. | 4.5 | ₹₹₹₹ · Jewelry store | 37 Wall St | Closed ⋅ Opens 10 am | +1 212-514-8015 | Iconic brand for jewelry, silver & more |
| Doyle & Doyle | 4.9 | ₹₹₹ · Jewelry store | 41 Union Square W | Closed ⋅ Opens 9 am Mon | +1 212-677-9991 | Estate, vintage & house-designed jewelry |
| Love Adorned | 4.5 | ₹₹₹ · Jewelry store | 269 Elizabeth St | Closed ⋅ Opens 12 pm | +1 212-431-5683 | Store with jewelry & home decor items |
| Raineri Jewelers | 4.7 | Jewelry store | 82 Bowery | Closed ⋅ Opens 9 am | +1 212-925-6128 | Enduring shop for fine jewelry & watches |
| I.D. Jewelry | 4.9 | Jeweler | 15 W 47th St #305 | Closed ⋅ Opens 9:30 am | +1 212-921-9372 | “The best jewelry store you can go to.” |
| Lauren B Jewelry | 4.9 | Jewelry store | 608 5th Ave Third Floor | Closed ⋅ Opens 10 am | +1 212-391-0633 | Mainstay for engagement rings & more |
| Brilliant Earth | 4.1 | Jewelry store | 135 5th Ave 2nd Floor | Closed ⋅ Opens 10 am | +1 917-764-9222 | In-store pick-up, Delivery |
| Edcora Fine Jewelry | 5.0 | Jewelry store | 53A Elizabeth St | Closed ⋅ Opens 11 am | +1 212-625-9388 | Jewelry store with many custom designs |
| NYC Diamond District | 4.8 | Jewelry store | 44W W 47th St Mezz 2 | Closed ⋅ Opens 10 am | +1 212-994-7012 | In-store shopping, Delivery |
| Benny’s Jewelry NYC | 4.3 | Jeweler | 29 W 47th St | Closed ⋅ Opens 10:30 am | +1 212-858-0833 | In-store shopping, Kerbside pickup, Delivery |
Best Places to Sell Jewelry Near Me
- Local Jewelry Shops
- Online Marketplaces
- Consignment Shops
- Auction Houses
- Specialty Buyers
1. Local Jewelry Shops
I love visiting local jewelry shops because I can personally connect with the owners and see the quality of service and products they offer. It’s a great way to support local businesses while potentially getting a fair price for my jewelry.
2. Online Marketplaces
Online marketplaces like Etsy, eBay, and Facebook Marketplace provide a convenient platform to reach a wide audience.
I can showcase my jewelry with detailed descriptions and attractive images, reaching potential buyers beyond my local area.
3. Consignment Shops
Consignment shops offer an opportunity to display my jewelry in a curated setting. It’s like having a partner in the selling process, as they handle the display and sales, and I receive a portion of the proceeds when my jewelry sells.
4. Auction Houses
Auction houses are perfect for high-end or unique pieces. They attract serious buyers and can create a buzz around my jewelry, potentially leading to competitive bidding and a higher selling price.
5. Specialty Buyers
Specialty buyers, such as gold, diamond, or luxury item buyers, have specialized knowledge and networks.
They can offer valuable insights into the market value of my jewelry and provide a straightforward selling process for specific types of jewelry.
Understanding the Process of Selling Jewelry
Selling jewelry can be a daunting process, especially if you have never done it before. To make it as straightforward and profitable as possible, follow this step-by-step guide.
1. Gather and Research Your Jewelry
Collect all your jewelry and make a list of the pieces you want to sell. Include details such as the type of jewelry (e.g., necklace, bracelet, ring), type of metal, and gemstones (if any). This will help you to identify their worth and market value. It’s essential to research the current market conditions for different types of metals, diamonds, and gemstones as they can significantly impact the value of your jewelry.
2. Obtain an Appraisal or Estimate
It’s important to have your jewelry appraised by a professional to determine its value accurately. Look for reputable jewelers who conduct appraisals, focusing on their certifications and customer reviews. Appraisers will evaluate your jewelry based on factors such as its condition, metal type, gemstone characteristics (e.g., color, clarity), and certification. A detailed report of the appraisal will provide you with a good estimate of your jewelry’s worth.
3. Identify Potential Buyers
When you have a clear understanding of your jewelry’s value, it’s time to identify potential buyers. Consider the following options:
- Local jewelry shops: These shops typically offer fair prices and might be interested in your pieces, especially if they are unique or high-quality. However, keep in mind that they have a profit margin to maintain, so they may not pay the highest possible price.
- Pawn shops: A quick option for selling your jewelry, but they usually provide the lowest payouts compared to other buyers.
- Online platforms: Online auction sites, consignment stores, and classifieds can provide a wider audience for your jewelry. It may take longer to sell, but you could potentially receive a higher price.
4. Negotiate the Best Deal
Before finalizing any deal, make sure to negotiate the price with the buyer. Don’t be afraid to walk away if you feel you’re not getting a fair price for your jewelry.
Remember to always do thorough research, obtain accurate appraisals and pay attention to market conditions when selling your jewelry. Knowing the true value of your pieces will empower you to make informed decisions and get the best deal possible.
Choosing the Best Place to Sell Your Jewelry
When you decide to sell your jewelry, it’s important to choose the best place that meets your needs. There are several factors to consider, such as location convenience, trustworthiness of the buyer, and the type of jewelry you’re selling.
Local options like pawn shops and jewelry stores provide the advantage of getting cash immediately. These choices also allow you to establish a personal relationship with the buyer and support local businesses.
Selling jewelry locally may be time-consuming since you have to physically visit the store. Here are some local options:
- Pawn shops: They usually offer quick cash, but be cautious as you may not get the highest price for your valuable jewelry.
- Jewelry stores: Some jewelry stores purchase pre-owned pieces and might offer better prices than pawn shops.
- Consignment shops: Another local option where your jewelry can be displayed for a potential buyer. They usually charge a commission fee once the item gets sold.
Online marketplaces might provide better exposure for your jewelry and possibly higher returns. Some popular online platforms to consider include:
- Worthy: An online auction site focused on fine jewelry, helping sellers and buyers meet in a transparent and honest environment.
- eBay: A well-known marketplace where you can sell your jewelry through auctions or fixed price listings.
- Craigslist and Facebook Marketplace: These platforms allow you to sell directly to local buyers, but be cautious of scams and prioritize your safety when meeting up with potential buyers.
For high-end jewelry, you can consider more specialized avenues like Sotheby’s or The RealReal, which often cater to luxury items and can bring a higher price.
If you’re only interested in selling gold jewelry, Cash for Gold USA and gold exchange stores are focused on buying gold items based on weight and purity, which might be more convenient for you.
Different Types of Jewelry and Their Worth
When it comes to selling jewelry, understanding the different types and their worth is crucial in order to make an informed decision about where to sell them.
Materials and Value
First, it’s important to understand the metals used in jewelry and their worth. Some common metals include:
- Gold: Available in different purities, such as 10K, 14K, 18K, and 24K. The purity affects its value; higher karat gold is more valuable. Gold can be found in different colors, including yellow, white, and rose gold.
- Silver: Less valuable than gold but still popular for its affordability and versatility. Sterling silver is the most common type.
- Platinum: A rare and more valuable metal than gold, platinum is known for its durability and resistance to tarnish.
Here’s a quick comparison of these metals in terms of value:
| Metal | Value (Ascending Order) |
|---|---|
| Silver | Least Valuable |
| Gold | Medium Valuable |
| Platinum | Most Valuable |
Gemstones and Diamonds
When assessing the worth of gemstones used in jewelry, there are various factors such as color, clarity, and carat weight that influence value. Some popular gemstones include rubies, sapphires, and emeralds. It’s important to remember, large gemstones of high quality are generally more valuable than smaller stones.
Diamonds are among the most valuable gemstones, and they come in many shapes, sizes, and colors. The 4Cs (carat, cut, clarity, and color) are used to determine the quality and value of a diamond.
Pre-owned Jewelry
Pre-owned jewelry, including watches, can vary in value depending on factors such as brand, age, and condition. Luxury brands like Cartier, Bulgari, and Harry Winston tend to retain their value well.
- Antique and vintage jewelry: Valued for their rarity and craftsmanship, these pieces are usually more valuable if they are in good condition or have a historical significance.
- Estate jewelry: Generally pre-owned and pre-loved, estate jewelry might not hold as much value as antique or vintage pieces, but it can still be quite valuable depending on the brand and quality.
Local and Online Jewelry Stores
When it comes to selling your jewelry, you have a variety of options that cater to different needs. In this section, we’ll explore both local and online jewelry stores to help you make an informed decision on where to sell your precious pieces.
Local jewelry stores are a traditional and convenient option for selling your jewelry. These stores are easy to locate and often provide a face-to-face experience with a jeweler. To get started, simply search for “sell jewelry near me” or use a map to locate the nearest jewelry stores. Selling locally also enables you to get multiple quotes from various jewelers which can help you find the best offer.
Some well-known local businesses such as Helzberg Diamonds and Circa offer cash payment for your jewelry, and provide assistance from a professional gemologist for a more accurate valuation.
On the other hand, online jewelry buyers have rapidly gained popularity due to their ease and convenience. Selling your jewelry online gives you access to a larger audience, potentially increasing the chance of getting better offers. Some popular online platforms include Etsy and WP Diamonds. While selling online, always ensure that the buyer is reputable and secure.
An important consideration when selling your jewelry online is to provide accurate descriptions, clear photos, and any relevant information such as certifications. This will help prospective buyers make informed decisions and can attract higher bids.
Here are some key points to consider when choosing between local and online jewelry stores:
- Local Jewelry Stores: Face-to-face interactions, instant cash payment, personal guidance from jewelers, and opportunity for multiple quotes.
- Online Jewelry Buyers: Wider audience, potentially higher offers, and convenience of selling from home; however, may require more effort in describing your jewelry accurately and securely mailing it to the buyer.
HOW TO Sell JEWELERY on Consignment?
When you’re looking to sell your jewelry, consignment shops can be a viable option.
These establishments accept your items to sell on your behalf, and when the transaction is complete, you receive a percentage of the sale price.
The Consignment Process
- Finding a consignment shop: For jewelry, try to locate a shop that specializes in accessories, as they often have knowledgeable staff and buyer base. Common alternative options include pawn shops or online marketplaces.
- Agreement: Once you find a shop, you’ll sign a consignment agreement outlining the terms of the partnership, such as the consignment rate and the duration of the item on display.
- Item Pricing: You and the shop staff will discuss an appropriate price for your jewelry, taking into account factors like the type, materials, and condition.
- Sale and Payment: When the jewelry sells, the shop will typically pay you your share of the proceeds.
Pros of Selling on Consignment
- Higher prices: Consignment shops often cater to specific types of buyers who are willing to pay fair prices for quality items.
- Hassle-free: The shop handles the selling process, freeing up your time and providing a hassle-free experience.
- Convenience: It’s simple to find local consignment shops, making it an accessible option.
Cons of Selling on Consignment
- Lower percentage: The shop takes a percentage of the sale, typically between 20% to 50%, as their commission for handling the transaction.
- Longer wait time: It may take time for the item to sell, possibly longer than other selling methods like online marketplaces or pawn shops.
- Lack of control: You’re putting your trust in the shop to represent your jewelry properly and to negotiate sales on your behalf.
Frequently Asked Questions
What are the best local shops for selling my jewelry?
Each area will have its own reputable jewelry shops and pawn shops that can be worth exploring. Look for local businesses with positive reviews, such as those listed on Yelp or other review websites.
Some well-regarded names include Spears & Co Fine Jewelry and Custom Designs, Peddler’s Market, and Aurum Jewelers.
The best option for you will depend on your specific location and the type of jewelry you want to sell.
How can I find reputable jewelry buyers in my area?
To find reputable jewelry buyers in your area, start by conducting a search online using phrases like “sell jewelry near me” or “jewelry buyers in [your city].”
Look for businesses with high ratings, good customer reviews, and accreditation from organizations like the Better Business Bureau.
You can also ask for recommendations from friends and family who have experience selling jewelry.
What factors should I consider when choosing a place to sell my jewelry?
- The reputation of the buyer or store
- The convenience of the location
- The appraisal and valuation process
- The transparency of the shop’s policies and pricing
What types of jewelry have the highest resale value?
- High-quality diamonds and precious gemstones
- Designer or brand-name pieces
- Antique or vintage jewelry
- Items made from valuable metals like gold or platinum
How can I maximize the payout for my used jewelry?
- Clean and polish the items before selling
- Provide any original packaging, paperwork, or certificates of authenticity
- Research the value of similar items to have an idea of the market price
- Get multiple quotes from different buyers to ensure you’re getting a fair offer
What are some tips for selling jewelry at a pawn shop?
- Research local pawn shops and their reputation before visiting
- Bring proper identification and any necessary paperwork or certificates
- Be prepared to negotiate the selling price
- Remember that pawn shops primarily aim to resell items, so they might offer lower prices than dedicated jewelry buyers
