A Quick Guide to Reselling Jewelry

Do you have a lot of jewelry in your collection that you want to resell? Are you unsure about how to go about reselling jewelry? Here is a quick guide to help you get started.

First consider the following:

Why do you want to resell your jewelry?

Are the pieces in question jewelry that are no longer your style? Are they old pieces of jewelry from an ex-partner that you simply want to get rid of? Are you struggling financially and need some fast cash to help you out? Before reselling your jewelry, figure out the motives behind this decision and if you are absolutely sure you want to part ways with your items.

How much is your jewelry worth?

Before setting a price for reselling, you need to know how much is the current value of your jewelry. Getting a professional appraisal done is ideal to figure out your price range. Using the appraisal results, you can figure out how low or high you can set your prices. Another option is do your own research by finding SOLD comparable on ebay “completed listing”.

How to resell your jewelry

• Clean your jewelry and ensure that it’s not broken or irreparably damaged. While some people may buy damaged jewelry and recycle them into new pieces, most would prefer to wearable pieces in good condition. 
• Use e-commerce sites to showcase your jewelry. Such as eBay or Poshmark.  Having an online store can help you garner a bigger customer base and more interested buyers. If someone is actively searching for specific types of jewelry your store may come up in their search lists!
• Be reasonable with your pricing. Thrift jewelry must be reasonably priced because they are used pieces, may not be in pristine brand-new condition and have some wear and tear. Be willing to negotiate with a serious buyer to close a sale.
• Be transparent about the history of the jewelry up for sale. Don’t try to pass used jewelry off as a new piece just because it’s cleaned up nicely. 

Price your pieces a little higher than the comparable sold prices so you can work with your potential buyer accept offers or counter offer.  As with any business, you must have integrity and build a solid reputation of good service and quality products to keep your customers engaged.