Many jewelry stores will buy jewelry, but the price they offer will be less than the piece is worth because they need to make a profit on it as well. Pawn shops are another option for selling jewelry, but again, you will not get as much money for your piece as it is worth. The best option is to find a buyer who is willing to pay you what your jewelry is actually worth.
One option for finding a buyer who is willing to pay you what your jewelry is worth is to search online for “cash for gold” or “sell my jewelry” companies. These companies will usually give you a quote based on the current market value of gold and other precious metals, and will often give you more money than a pawn shop or jewelry store would. Another option is to sell your jewelry to a private collector. Private collectors are often willing to pay more for pieces that they are interested in, as they are not looking to make a profit on the sale.
The best way to ensure that you get the most money for your jewelry is to do some research and find a buyer who is willing to pay you what it is actually worth.
When selling jewelery [sic] to a jeweler, it is essential that the customer understands how much their piece is worth before entering into negotiations. Many times, people who are not familiar with the value of their own jewelery will accept an offer that is significantly lower than the actual value. In order to avoid this situation, it is best practice to have an idea of what similar pieces have sold for recently. This can be done by visiting several different stores and asking for appraisals or by searching online auction sites such as eBay.
Another factor that must be considered when selling jewelery [sic] is whether or not the piece comes with certification or other forms of authentication. If so, this documentation should be brought along when meeting with the jeweler as it will likely increase the final offer made by the store.
Finally, customers should always be prepared to haggle over price when selling their items. It is important not to get emotional during these conversations and instead focus on getting the highest possible return for the piece being sold. Remember, most stores operate on a commission basis which means they need to make a profit off of each transaction. With this in mind, try not to take offense if the first offer made by the jeweler seems low and instead use it as leverage to negotiate a better deal